SBMA issues ₱203-M LGU shares; chief cites investment program

By HENRY EMPEÑO SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) has issued revenue shares to neighboring local government units (LGUs) in the amount of P203 million, reflecting growing corporate taxes paid by Subic-registered investors that reached P207.65 million in the first half of this year. SBMA Chairman and Administrator Jonathan D. Tan… Read More SBMA issues ₱203-M LGU shares; chief cites investment program