SUBIC BAY FREEPORT Even as travel restrictions were imposed by some countries due to the emergence of the latest Covid-19 variant Omicron, the repatriation of overseas Filipino workers (OFWs) will continue at the Subic airport here until the yearend, Subic Bay Metropolitan Authority (SBMA) officials confirmed on Sunday. For the…
SUBIC BAY FREEPORT Taking advantage of a declared holiday for an intensive national vaccine rollout, hundreds of residents from communities around the Subic Bay Freeport queued from early morning at the Ayala Mall Harbor Point here in the first day of the government’s three-day “Bayanihan Bakunahan” vaccination program. SBMA…
Subic Bay Freeport The Subic Bay Metropolitan Authority (SBMA) and the Department of Agriculture (DA) on Friday signed an agreement to put up a border control facility for the full inspection of fresh and frozen agri-fishery products entering the country through the Subic Bay Freeport Zone. SBMA Chairman and Administrator Wilma…
SUBIC BAY FREEPORT - The Subic Bay Metropolitan Authority (SBMA) has approved new investment proposals worth a total of PHP16.2 billion, reasserting this freeport's claim as one of the biggest business destinations in the country. SBMA chair and administrator Wilma T. Eisma said on Monday the new investments are expected to create a total of 72,722 new jobs in the freeport zone. The new business proposals, she noted, were made by 40 companies that sought registration as Subic business locators from July to September, as well as by three existing locators that pledged additional investments for expansion projects totaling PHP49.44 million. The new investments consisted of 15 projects under the leisure industry, 13 in general business, 11 in logistics and one in information and communications technology, while the expansions were all under the manufacturing sector. According to the SBMA Business and Investment Group (SBMA-BIG), the new projects approved in the third quarter of this y