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February 28, 2022
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…
February 26, 2022
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…
February 23, 2022
LAST REPATRIATION FLIGHT. Returning Filipinos from Palau arrive onboard the last repatriation flight of the Philippine Airlines (PAL) at the Subic Bay International Airport on Tuesday (Feb. 22, 2022). PAL made a total of 82 repatriation flights, bringing home a total of 20,522 passengers. (Photo courtesy of SBMA) SUBIC BAY FREEPORT - The Philippine Air Lines (PAL) landed its last "Bayanihan" repatriation flight on Tuesday, ending its nine months of flying home overseas Filipino workers...
February 23, 2022
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…
February 23, 2022
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…
February 21, 2022
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
February 11, 2022
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.…
February 9, 2022
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 i...
February 1, 2022
SBMA: Subic workers reach 142,177 in 2021
January 31, 2022
SUBIC BAY FREEPORT—New investments and expansion projects in the services and manufacturing sectors here fueled a sturdy 2.31 percent increase in job generation last year, bringing the total number of work force in this Freeport to 142,177 by the yearend. Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Wilma T.…