By Henry Empeño | July 23, 2026
SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) released more than P218 million on Tuesday, July 21, to eight contiguous local government units (LGUs) as their share in revenue from the operation of the Subic Bay Special Economic and Freeport Zone.
SBMA Chairman and Administrator Eduardo Jose L. Aliño said the revenue shares were for the first half of 2026 and was 10.24 percent higher than those released last year for the same period.
The shares are sourced from the five-percent corporate taxes paid by business locators in the Subic Bay Freeport.
A total of P218,115,671.16 were received in checks by the LGUs of Olongapo City, Subic, San Marcelino, Castillejos, and San Antonio in Zambales, and Dinalupihan, Hermosa, and Morong in Bataan.
The largest allocation, amounting to P50,420,165.72, was given to Olongapo, followed by the P32,871,521.46 share for Subic, Zambales.
The SBMA computes LGU shares based on population (50%), land area (25%), and equal sharing (25%).
The remaining LGUs in Zambales received shares as follows: San Marcelino, with P26,272,445.97; Castillejos, P19,817,470.23; and San Antonio, P18,532,946.83.
The Bataan LGUs, meanwhile received corresponding shares of P27,438,313.68 for Dinalupihan town; P23,422,520.27 for Hermosa; and P19,340,287.10 for Morong.
According to SBMA OIC-Deputy Administrator for Finance Editha Marzal, the net shares distributed to the LGUs included not only the allocation for the current collection period, but also the 10 percent revenue shares withheld as retention for the first semester of 2024.
Under Republic Act No. 9400, which amended RA 7227 or the Bases Conversion and Development Act of 1992, the SBMA is mandated to allocate revenues from its five percent gross income earned (GIE).
The 5% GIE tax is divided directly: 3% goes to the National Government, while 2% is released to the LGUs contiguous to the Subic Freeport or affected by Freeport operations. ▲
PHOTO: SBMA Chairman Eduardo Jose L. Aliño (3rd right) released LGU shares to San Antonio Mayor Arvin Antipolo (2nd left), San Marcelino Mayor Elvis Soria (middle), and other LGU representatives at the SBMA main office on July 21.
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