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France, Philippines, South Korea, United States
Foreign trade and diplomacy goals converge in Philippines' Agila Subic shipyard

Aguila Subic shipyard, Philippines.
Aguila Subic shipyard, Philippines. © Francis R. Malasig/EPA/MaxPPP
With the Pentagon's full support, the US fund Cerberus will act as a kingmaker for all the Philippine Navy's projects at the Agila Subic shipyard. The first dossier it will handle is the construction of a base for submarines that Manilla plans to buy from either South Korea or France. [...]
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International Dealmaking

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