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SUBIC Bay Freeport: More than 5,000 jobs will be offered as Nidec Subic Philippines Corp. expands its operations here at the country's premier freeport.

SUBIC BAY FREEPORT—The Subic Bay Metropolitan Authority (SBMA) announced last Thursday it issued revenue shares to neighboring local government units (LGUs) in the amount of P203 million, reflecting growing corporate taxes paid by Subic-registered investors that reached P207.65 million in the first half of this year. SBMA Chairman and Administrator…

THE separate customs territory (SCT) treatment for economic zones, which makes locator-registered business enterprises (RBEs) VAT-exempt entities by virtue of the cross-border doctrine (CBD) and destination principle in taxation, shall still apply despite conflict between the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises…

Bataan is synonymous with the Second World War, as it witnessed the fiercest and bloodiest battles between the Japanese Imperial Army and the combined Filipino and American forces. This province takes center stage every April 9 as the country commemorates Araw ng Kagitingan (Day of Valor) which immortalizes the uncommon…

The Subic Bay Freeport Customs Office intercepted at least 1,269 boxes containing counterfeit branded items. (Photo courtesy of BOC)