INTERNATIONAL COASTAL CLEANUP AT SUBIC BAY FREEPORT

  Photos by Jun Dumaguing Freeport locators, residents and employees take part in the annual International Coastal Clean-up on Saturday (September 16) along the Waterfront area of the Subic Bay Freeport, in consonance with millions of other volunteers in the global effort to protect the sea and coastal areas. SBMA Administrator and CEO Wilma T.… Read More INTERNATIONAL COASTAL CLEANUP AT SUBIC BAY FREEPORT

SBMA okays ‘win-win’ deal for Subic school takeover

By HENRY EMPEÑO SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) has greenlighted the takeover by a new company of the debt-ridden property previously leased out to the Lyceum of Subic Bay, Inc. (LSBI), saying the agreement provided for a “win-win” solution for the Subic agency to collect more than P31 million in… Read More SBMA okays ‘win-win’ deal for Subic school takeover

AES puts Masinloc coal-fired power plant up for sale

THE US-led power producer AES Corp. is looking  into selling one of its majority stakes in the 630-megawatt Masinloc power plant in Zambales with a projected value of more than $1 billion. The news was confirmed by an anonymous source, saying that the deal may represent AES’ exit if the sale would formally proceed as the… Read More AES puts Masinloc coal-fired power plant up for sale

SBMA sees 15% revenue growth in Subic ICT sector

By HENRY EMPEÑO SUBIC BAY FREEPORT — The P32-billion information and communication technology (ICT) sector in this free port is expected to generate some P76.4 million in revenue for the Subic Bay Metropolitan Authority (SBMA) this year, a 15-percent growth projection seen to be sustained by ongoing expansion projects. SBMA Administrator and CEO Wilma T.… Read More SBMA sees 15% revenue growth in Subic ICT sector

Retail giant Uniqlo opens shop in Subic Freeport

SUBIC BAY FREEPORT —Global Japanese specialty retailer Uniqlo opened its newest store here on Friday, bringing its various lines of quality clothing to customers from Olongapo City and the nearby provinces of Zambales and Bataan. The Uniqlo store, located at the ground floor of the Ayala Harbor Point mall, covered almost a block of retail… Read More Retail giant Uniqlo opens shop in Subic Freeport