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Government

SUBIC FREEPORT EYES  INVESTMENTS FROM THAILAND

A delegation of Thai business leaders, led by Her Excellency Makawadee Sumitmor, Ambassador of the Kingdom of Thailand to the Philippines, recently visited Subic Bay Freeport (SBF) to explore promising investment opportunities in this strategic economic zone. The delegation was warmly received by Eduardo Jose L. Aliño, Chairman and Administrator of the Subic Bay Metropolitan […]

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Government

SBMA REMITS P820M DIVIDEND TO NATIONAL COFFERS

The Subic Bay Metropolitan Authority (SBMA) turned over a total dividend of P820 million during the recently held Government-Owned and Controlled Corporations (GOCC) Day at Heroes Hall, Malacañang Palace. This milestone highlights the SBMA’s unwavering commitment to contributing to national government revenues despite changes in taxation policies. The higher tax rate led to a substantial […]