SBMA okays ‘win-win’ deal for Subic school takeover

By HENRY EMPEÑO SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) has greenlighted the takeover by a new company of the debt-ridden property previously leased out to the Lyceum of Subic Bay, Inc. (LSBI), saying the agreement provided for a “win-win” solution for the Subic agency to collect more than P31 million in… Read More SBMA okays ‘win-win’ deal for Subic school takeover