Subic Bay Metropolitan Authority

SBMA collects P148M from debtor-firms

April 22, 2018 | Subic Bay Metropolitan Authority

Subic Bay Freeport Zone

SUBIC BAY FREEPORT: The Subic Bay Metropolitan Authority (SBMA) said its resolve to go after stale debts and past-due accounts of business locators in the freeport has netted P148.6 million for the state-owned agency. BY PATRICK ROXAS The SBMA Finance Group reported that the funds collected through the new administration’s aggressive collection program, came from Read More


SBMA Law Enforcement Department official statement on alleged bribery

April 20, 2018 | Subic Bay Metropolitan Authority

There was a post at a facebook group reporting that a Law Enforcement Officer of SBMA allegedly did them wrong by giving them a Jaywalking Ticket and telling them to pay for it. Photo credit by our community contributor Gerardo Johnson. (April 20, 2018) “I admire these two ladies who have the heart to surface Read More


2 Aussie Navy ships to dock in Subic for goodwill visit

April 12, 2018 | Aussie Navy Ships | Royal Australian Navy vessels | Subic Bay Metropolitan Authority

MANILA — Two Royal Australian Navy (RAN) vessels, the HMAS Anzac (FFH-150) and HMAS Success (OR-304), will dock at the Alava Wharf of the Subic Bay Metropolitan Authority in Olongapo City for a goodwill visit from Thursday to Sunday. Capt. Lued Lincuna, Philippine Navy spokesperson, said a welcome ceremony and port briefing will be conducted Read More


Subic port revenues rise as transshipment grows

April 11, 2018 | Port Revenue | Subic Bay Metropolitan Authority | Transshipment

Port revenues in Subic Freeport improved by 6 percent in 2017 driven by substantial increase in transshipment operations and higher calls by foreign ships as the government seeks to divert cargoes from the congested Manila ports. Data from the Subic Bay Metropolitan Authority (SBMA) showed port revenues in 2017 reached P1.207 billion from P1.137 billion Read More


SBMA approves P750-M lease, revenue shares for Power Firm

April 10, 2018 | One Subic Power Generation Corporation | Subic Bay Freeport Zone | Subic Bay Metropolitan Authority

The Subic Bay Metropolitan Authority (SBMA) recently approved a total of P750 million in lease and revenue shares for One Subic Power Generation Corporation, which operates the 116-megawatt diesel generator plant here for a lease extension agreement of 10 years. The power firm, a wholly-owned subsidiary of Phinma Energy Corporation, initially committed $3.2 million worth Read More


 
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