NEWS AROUND SUBIC BAY

The Bases Conversion and Development Authority (BCDA) has inked a memorandum of understanding (MOU) with a Chinese bank for a financing cooperation that will speed up the implementation of $4.5 billion worth of high impact infrastructure projects.

The Bureau of Fisheries and Aquatic Resources (BFAR) has imposed a shellfish ban in the coastal waters off Bataan due to the presence of red tide toxins.

SUBIC BAY FREEPORT: A worker of Hanjin shipyard at the Redondo Peninsula here died after falling about 60 feet from the top of a cargo tank he was working on in another accident that shipyard management described as the result of the victim doing unauthorized activity during working hours.