Page 5 - Wilmat Eisma News Today

Published May 4, 2021, 7:22 AM The over P50-billion Subic-Clark Railway Project (SCRP) remains on track and is set to catapult Central Luzon as the next global destination of industrial investments in the country. ON TRACK. The Subic-Clark railway project is designed to connect Subic Bay Freeport Zone and Clark International Airport. (Photo from build.gov.ph)  Apart from the expected economic growth in the economy, public transport is also expected to benefit from the project as future passen...

February 12, 2021 EARNINGS by the Subic Bay Metropolitan Authority (SBMA) decreased by as much as 22 percent in 2020 because of the economic slowdown last year brought about by the Covid-19 pandemic. SBMA Chairman and Administrator Wilma T. Eisma said the Subic agency posted a total of P1.69 billion in earnings before interest, tax, depreciation and amortization (Ebitda) at the end of 2020, compared to the P2.17 billion figure it recorded at the end of 2019. The 2020 figure was low...