SBMA reports P3.47-B revenues in 2021
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 ye...