By HENRY EMPEÑO |  SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) yesterday confirmed the existence of a proposal by a Chinese-controlled company to operate the Grande and Chiquita Islands here on Subic Bay, but hastened to add that the project has been put on hold since May due to unresolved issues. SBMA… Read More SBMA: Chinese project for Subic islands shelved