Subic Bay Freeport After capping 2021 with an 8-percent growth in revenue despite the Covid-19 pandemic, the Subic Bay Metropolitan Authority (SBMA) posted an income of P387 million last January, the highest ever recorded by the Subic agency. The resurgence of business operations in the free port fueled the latest revenue…
SUBIC BAY FREEPORT The al fresco cafés and open-air restaurants that happily thrive here are symbolic of how the Subic Bay Freeport coped with the economic challenges posed by the Covid-19 pandemic. Sidelined for a while when the entire Luzon was placed on lockdown in three instances in March to May…
SUBIC BAY FREEPORT Subic sparked strong interest among businessmen and venture capitalists during a trade mission conducted by the Subic Bay Metropolitan Authority (SBMA) until last week in the United Arab Emirates (UAE). SBMA Chairman and Administrator Wilma T. Eisma said in a February 16 report to President Duterte that the…
Subic Bay Freeport After flying home overseas Filipino workers (OFWs) and other returning Filipinos via this free port for almost nine months, flag carrier Philippine Airlines (PAL) landed its last “Bayanihan” repatriation flight here on Tuesday. Halting the special flights ends a windfall that has sustained the Subic airport and quarantine…