Day: July 22, 2022

SBMA releases P180.67-M revenue shares to LGUs

SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) released on Friday revenue shares totaling P180.67 million to local government units (LGUs) affected by the operation of the Subic Bay Special Economic and Freeport Zone. The shares comprise two percent of the five-percent special tax collected from business locators in the Subic Freeport. The LGU windfall,… Read More SBMA releases P180.67-M revenue shares to LGUs

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New Clark City hailed as next top tourist destination in Luzon

CLARK FREEPORT — Highlighting New Clark City’s potential as the next choice tourist destination in Luzon, the Bases Conversion and Development Authority (BCDA) recently pitched this 9,450-hectare greenfield development to investors in the travel and tourism industry. BCDA Senior Vice President for Conversion and Development Engr. Joshua M. Bingcang during the recent Central Luzon Tourism… Read More New Clark City hailed as next top tourist destination in Luzon

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