By HENRY EMPEÑO | SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) has allied with the Israeli port of Eilat under an agreement that will promote the all-water route between the Subic Bay Freeport and Israel’s only anchorage on the Red Sea. SBMA Chairman and Administrator Wilma T. Eisma signed the memorandum of agreement on… Read More SBMA signs trade tie-up with Israeli port