While the Philippines still remains as the fourth largest shipbuilder in the world, the Aboitiz Group partly owned FBMA Marine Inc., is considering to re-open the facility that was closed in 2009.
FBMA Marine Inc., an Aboitiz-owned shipbuilding plant in West Cebu Industrial Park (WCIP) in Balamban, Cebu has stopped operation owing to weak ship building market in the world.
CEBU, Philippines – FBMA Marine Inc., an Aboitiz-owned shipbuilding plant inside the West Cebu Industrial Park (WCIP) in Balamban, Cebu, announced yesterday that it is retrenching 73 regular employees since their company has not received a single order for a vessel the past six months.
Faced with manpower shortage problem, FBMA Marines Inc. now banks on its training facility to sustain skills availability and meet the increasing demand from clienteles abroad.
A shipbuilding firm in Balamban reiterates its call for the government to address the worsening skills drain problem that hit the shipbuilding industry for the last two years.
While the Philippines still remains as the fourth largest shipbuilder in the world, the Aboitiz Group partly owned FBMA Marine Inc., is considering to re-open the facility that was closed in 2009.
FBMA Marine Inc., an Aboitiz-owned shipbuilding plant in West Cebu Industrial Park (WCIP) in Balamban, Cebu has stopped operation owing to weak ship building market in the world.
CEBU, Philippines – FBMA Marine Inc., an Aboitiz-owned shipbuilding plant inside the West Cebu Industrial Park (WCIP) in Balamban, Cebu, announced yesterday that it is retrenching 73 regular employees since their company has not received a single order for a vessel the past six months.
Faced with manpower shortage problem, FBMA Marines Inc. now banks on its training facility to sustain skills availability and meet the increasing demand from clienteles abroad.
A shipbuilding firm in Balamban reiterates its call for the government to address the worsening skills drain problem that hit the shipbuilding industry for the last two years.
President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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