S.Korea Hanjin says no decision on Philippine yard

SEOUL, Nov. 12 (Reuters) - South Korea's Hanjin Heavy Industries (003480.KS) said on Wednesday it had not yet made a final decision on whether to drop its $2 billion shipyard project in the southern Philippines.

"It is true that the project is suspended, but nothing has been decided on whether to withdraw or not," a Hanjin spokesman told Reuters.

A Manila newspaper reported on Wednesday that Hanjin was abandoning the project after failing to secure permits and clearances from the local government, quoting a local port official.

(Reporting by Park Ju-min, writing by Marie-France Han; editing by Keiron Henderson)