A South Korean firm has won an $82.9-million contract to upgrade an airport at one of the Philippines' hottest tourist destinations, authorities said Tuesday. The government named Kumho Industrial Co. as the successful bidder for the Puerto Princesa project, in a process that was largely funded by a $71.6-million Korean Export-Import Bank soft loan and was only open to South Korean companies ... More here: South Korea's Kumho to upgrade Philippine airport
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