“This undertaking and your companies’ investment plans in the Philippines are testaments to the strong and enduring relationship among the Philippines, South Korea, and the United States,” remarks President Ferdinand R. Marcos Jr. as he congratulates the United States (U.S)-based firm Cerberus and South Korea’s HD Hyundai Heavy Industries on the finalization of their lease agreement on a portion of the Agila Subic Shipyard. In a brief message, the President conveys that the Philippines welcomes

Video: Future BRP Diego Silang (FFG-07) has depart HD Hyundai's Ulsan Shipyard in South Korea, and is now on its way to the Philippines. This is in line with the Korean ambassador to Manila's speech during the ceremonial opening of HD Hyundai's shipyard in Subic regarding its arrival to the country. This sets closer to the completion of the project that delivers two (2) Miguel Malvar-class frigates of the Philippine Navy, and the future BRP Diego Silang (FFG-07) will eventually get its way into