US-Canadian aviation firm takes-over airport hangars left by FedEx

Aviation Concepts Holdings Aviation Concepts senior vice-president Anthony Decostes (center) and AC aviation security head Edward Pooley (right) sign the contract for a full-service aviation center project at the Subic Bay International Airport as SBMA senior deputy administrator for business Stef Saño looks on. SUBIC BAY FREEPORT — Aviation Concepts Holdings (AC), an American-Canadian joint [...]

SBMA, Korean university launch cultural exchange program

SBMA Chairman Feliciano Salonga (second from left) and Youngsan University president Gu Wuck Bu (third from left) lead in the inauguration of a basketball court constructed by Korean student-volunteers at the Pastolan Aeta village. With them are (left to right): Won-Cheol Choi, project manager of the volunteer program, Sung Sim School chairperson Ro Chan Young, [...]

Southern American-inspired housing project rises in Pampanga

Landco Pacific president and CEO Alfred Xerez-Burgos III (2nd from left) and Central Weyland Properties, Inc. Chairman and President Dr. Leopoldo H. Lazatin (right) lead the ribbon cutting ceremony to open the new club house of WoodGrove Park in San Fernando City in Pampanga province. Also in photo are (from left to right) Landco Vice [...]

Korean resort project boosts investment portfolio of Subic

A resort project proposed by Korean property developer M Castle Philippines Ltd. Co. has brought the total amount of foreign direct investments (FDI) in Subic Freeport to $1.11 billion in the first half of this year. According to the Subic Bay Metropolitan Authority’s Business and Investment Group (SBMA-BIG), the South Korean company has committed a [...]

Subic investment doubles in 1st half

SBMA Administrator Armand Arreza (2nd from left) and Sunnew Investments chairman Lee Yin Hung (2nd from right) enter into an agreement for the setting up of a $75-M wind farm project in the Subic Bay Freeport. Joining them are SBMA senior deputy administrator for business Stefani Saño, and Sunnew-Subic representative Robin Tan. Sunnew is the [...]

SBMA undertakes tree-planting to boost conservation program

Employees of the Subic Bay Metropolitan Authority (SBMA) plant trees at the Subic Bay
Freeport Zone as part of the agency’s forest, marine and air conservation programs. 

 The Subic Bay Metropolitan Authority (SBMA) has started a two-month tree-planting program to help enhance forest, marine and air conservation programs in this free port. 

 SBMA Administrator [...]

SBMA rides on talent search craze



Vanessa Yamilao (right) reacts with surprise, as the judges announce her name as winner of the SBMA Singing Idol talent search and rival competitor Haide Elduayan applauds. Showbiz-like glitz and glamour briefly took over the usually stiff corporate nature of the Subic Bay Metropolitan Authority (SBMA) as the agency came up with its own “Singing [...]

SBMA adopts new taxation collection scheme

A new taxation collection scheme for both foreign and local investors, here has been introduced by Freeport authorities to cut-short the long and tedious process of revenue share distribution intended for neighboring communities. The Subic Bay Metropolitan Authority (SBMA) said that it will soon be collecting the two percent from five percent gross revenue taxes [...]

Metro Clark area cited as ICT Center of Excellence

Stakeholders of the Metro Clark area are expecting more Business Process Outsourcing (BPO) and Information and Communications Technology-related investments to be poured into the periphery of the Clark Freeport after it was cited with the ICT Center of Excellence award. The Business Process Association of the Philippines (BPAP), Commission on Information and Communications Technology (CICT), [...]

Arroyo to pass bill to remove red tape

CLARK FREEPORT – After suffering delays and setbacks on the expansion of Clark airport, a law must be passed that will speed up the process of awarding investment contracts to private sector. Former President and newly-installed Pampanga Rep. Gloria Macapagal Arroyo is set to pass a bill to eliminate red tape particularly on tedious government [...]

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