SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) distributed a total of ₱178.7 million in revenue shares to neighboring local government units (LGUs) on Wednesday, February 1. The shares are derived from the five-percent corporate taxes paid by business locators in the Freeport, and are released to promote parallel development in neighboring communities and… Read More LGUs get ₱178.7-M SBMA revenue shares