By HENRY EMPEÑO SUBIC BAY FREEPORT — It’s work as usual here at the Subic Bay Metropolitan Authority (SBMA) even as officials and employees alike awaited word from Malacañang to resolve the leadership squabble pitting the SBMA head of agency against the chief executive officer. On Monday, as SBMA Administrator & CEO Wilma Eisma announced… Read More SBMA awaits Palace verdict on leadership issue
SUBIC BAY FREEPORT — The Port of Subic posted an impressive 11 percent growth in revenue in the first five months of this year, despite less ship calls recorded in the same period. According to Subic Bay Metropolitan Authority (SBMA) Administrator and CEO Wilma Eisma, total port revenue logged from January to May 2017 in… Read More Port of Subic posts 11% revenue growth
Photos by JUN DUMAGUING The six-day “Mahal Ko, Produktong Zambaleño” trade fair featuring products made in the province of Zambales opened the other day at the Ayala Harbor Point Mall in the Subic Bay Freeport. Around 20 medium- and small-scale enterprises from Zambales participated in the fair and exhibited food and souvenir products.
The Duterte government wants to generate enough momentum in its infrastructure program, so that the next administrations will not be able to backtrack from the development track. … Read More BCDA to build momentum for Central Luzon infra projects
By HENRY EMPEÑO SUBIC BAY FREEPORT — Central Luzon is now being eyed as an ideal destination for Taiwanese investments under Taiwan’s New Southbound Policy that seeks enhanced economic cooperation with the ASEAN, as well as countries in South Asia and Australasia. Speaking in the recent Philippine Investment Promotion Plan (PIPP) Investment Roadshow to Taiwan,… Read More Central Luzon pushed as ideal site for Taiwan’s ‘southbound’ investments
By HENRY EMPEÑO SUBIC BAY FREEPORT — With the continuing increase in the number of companies investing in this free port, the Subic Bay Metropolitan Authority (SBMA) reported more good news in the first half of the year in terms of revenue, dividends, investments, exports and even visitor arrivals. According to SBMA Administrator Wilma Eisma,… Read More SBMA keeps growth momentum in Jan-May
By HENRY EMPEÑO SUBIC BAY FREEPORT — The Philippine Coastal Storage and Pipeline Corporation (PCSPC), operator of petroleum storage facilities here and the Subic-Clark fuel pipeline, inaugurated on Friday three more fuel storage tanks, thereby doubling the capacity of the former U.S. military fuel depot here 24 years after its turnover to private management. The… Read More Subic fuel storage firm doubles capacity to 5.2 million barrels