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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… ....
Emirates, the world’s leading airline based in the United Arab Emirates, is eyeing Subic Bay International Airport (SBIA) as an alternative hub for the airline in the Far East. Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Wilma T. Eisma already met with Orhan Abbas, senior vic ....
SUBIC BAY FREEPORT Just like the rest of the country, the Subic Bay Freeport Zone is now recording a downtrend in the number of active Covid-19 cases, with numbers plunging to zero on February 9 after a steep spike in mid-January. Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Wilma T.… ....
SUBIC BAY FREEPORT - Amid the challenges brought by the coronavirus disease 2019 (Covid-19) pandemic to investors, the Subic Bay Metropolitan Authority (SBMA) managed to generate some PHP3.47 billion in revenues last year, which indicates an 8 percent growth in income, and other major accomplishments in key performance areas. SBMA chairman and administrator Wilma T. Eisma, in a statement on Wednesday said, "while a few indicators remain impacted by the Covid-19 pandemic, the general trend is upward where the SBMA was able to accelerate growth and surpass its performance in the previous year." She said the figure is PHP270 million or 8 percent higher compared to that of the same period in 2020. Eisma said most of the revenues came from leases and port operations, with land and building leases growing by 2 percent and contributing PHP1.38 billion, and seaport operations growing by 14 percent and generating PHP1.37 billion. She also reported that the agency's regulatory inco ....