#ThewRap: Things you need to know, February 7, 2018

Hello! Here's a roundup of news you need to know this Wednesday.

A damaged vehicle stands in rubble outside the Marshal Hotel in Hualien, eastern Taiwan early February 7, 2018, after a strong earthquake struck the island.
A hotel on the east coast of Taiwan has collapsed after a 6.4-magnitude earthquake, the government said. / AFP PHOTO / PAUL YANG / Taiwan OUT










Hello Rappler readers,

Hyundai Heavy Industries, the Korean shipbuilding giant that won the P16-billion project to build two warships for the Philippine Navy, has been banned in its own country because of a bribery conviction.

President Rodrigo Duterte, meanwhile, said in a speech that he knows members of a syndicate allegedly abusing the public bidding system. What will he do about them?

Over in Taiwan, rescue operations are ongoing in the wake of a powerful earthquake.

Below are the big stories you shouldn't miss.

Bribery scandal hounds Korean firm in PH warships deal

Hyundai Heavy Industries has been banned from bidding for national projects in Korea for two years due to a bribery conviction. That's the same company tapped to build two warships for the Philippine Navy.

Duterte admits sharing table with 'golf course' syndicate

President Rodrigo Duterte said he knows and interacts with members of a syndicate abusing the public bidding system. What'll happen next?

Duterte order on frequencies contradicts PLDT-NTC deal

A 2011 agreement states that the National Telecommunications Commission would bid out surrendered Cure frequencies, with PLDT being given monetary compensation. President Rodrigo Duterte now refuses to give that compensation.

Duterte not keen on accepting EU invitation to Brussels

President Rodrigo Duterte is not keen on going to Brussels for a summit in October. He said: "What am I supposed to do there?"

Rescuers scour toppled buildings after Taiwan earthquake

Rescue operations are ongoing in Taiwan after a magnitude 6.4 earthquake hit the eastern port city of Hualien. It's still unclear how many remain missing.

Trump eyes military parade to showcase U.S. might

US President Donald Trump has asked for a military parade to showcase American muscle. The Pentagon confirmed it is "determining specific details."

SpaceX launches world's most powerful rocket

The world's most powerful rocket, SpaceX's Falcon Heavy, has blasted off to Mars. CEO Elon Musk called the launch "probably the most exciting thing I have seen literally ever."

Subscribe to The Daily wRap