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Gov't lost billions to defunct Hanjin shipyard—FIRB – Manila Bulletin - Vimarsana News

Gov't lost billions to defunct Hanjin shipyard—FIRB – Manila Bulletin

The government lost billions of pesos in power subsidies and tax incentives to now-defunct Hanjin Heavy Industries and Construction Philippines Inc. (HHIC-Phil), the Fiscal Incentives Review Board (FIRB) said. In a statement Tuesday, June 7, Finance Assistant Secretary and FIRB Secretariat Head

Source: mb.com.ph