Clark remits P2.488-B in 2024 dividends; total hits P5.5-B under Marcos admin

By Maria Asumpta Estefanie C. Reyes | May 28, 2025 CLARK FREEPORT ZONE, Pampanga (PIA) — The Clark Development Corporation (CDC) has remitted P2.488 billion in cash dividends to the national government for dividend year 2024, in compliance with Republic Act No. 7656 or the “Dividend Law.” This brings the CDC’s total dividends declared under… Read More Clark remits P2.488-B in 2024 dividends; total hits P5.5-B under Marcos admin

Spanish Ambassador sees investment prospects in Subic

SUBIC BAY FREEPORT – The Ambassador of Spain to the Philippines, His Excellency Miguel Ultray Delgado, visited this premier free port to explore opportunities for more Spanish companies to invest here.  Delgado was with the Embassy’s Trade and Economic Counsellor Silvia Torices de la Varga, Market Analyst Jose Primo Santos Mendoza, Economic and Commercial Attache’… Read More Spanish Ambassador sees investment prospects in Subic

Clark Freeport secures P300-M investment from car parts manufacturing firm

By Rick P. Quiambao | May 21, 2025 CLARK FREEPORT ZONE, Pampanga (PIA) — Clark Development Corporation (CDC) has secured a P300-million investment from Harness Master Wiring Systems (HMWS) Inc. as part of the company’s expansion plans within the Clark Freeport Zone. The project is expected to generate at least 200 new jobs. HMWS Inc.,… Read More Clark Freeport secures P300-M investment from car parts manufacturing firm

SBMA inaugurates ₱44-M Upper Binictican bridge 

SUBIC BAY FREEPORT – The Subic Bay Metropolitan Authority (SBMA) inaugurated and opened the ₱44-million Upper Binictican Bridge at the Binictican area on May 15, replacing an old structure that was built by the American military in the 1960s when this Freeport was still a US naval base. SBMA Chairman and Administrator Eduardo Jose L.… Read More SBMA inaugurates ₱44-M Upper Binictican bridge 

Bataan freeport advances power plant project, strengthens Korean investment ties

By Rick P. Quiambao | May 5, 2025 BALANGA CITY (PIA) — The Authority of the Freeport Area of Bataan (AFAB) advanced a major investment opportunity during its recent mission to South Korea, initiating cooperation for a US$700-million liquefied natural gas (LNG) power project and reinforcing its long-standing partnership with Dong In Entech Group. Led… Read More Bataan freeport advances power plant project, strengthens Korean investment ties

SBMA to hold Labor Day jobs fair with 2,300 job opportunities 

SUBIC BAY FREEPORT – The Subic Bay Metropolitan Authority (SBMA) will hold a jobs fair in time for its Labor Day celebration at the Harbor Point Ayala Mall here, with more than 2,300 job opportunities available to jobseekers tomorrow, May 1. Labor Center Department Manager Atty. Melvin Varias disclosed that around 45 companies in and… Read More SBMA to hold Labor Day jobs fair with 2,300 job opportunities 

Subic Freeport Holy Week arrivals exceed 400,000 mark

SUBIC BAY FREEPORT – Tourist arrivals in this premier Freeport reached 408,800 during the Holy Week, according to the Subic Bay Metropolitan Authority (SBMA) Tourism Department. The department said this figure exceeded last year’s 367,228 arrival record by 54,384, roughly an increase of 14.8 percent. SBMA Chairman and Administrator Eduardo Jose L. Aliño said that this has significantly… Read More Subic Freeport Holy Week arrivals exceed 400,000 mark

France eyes joining Luzon Economic Corridor

By Kris Crismundo | April 11, 2025 MANILA – France is interested in joining the Luzon Economic Corridor (LEC), its visiting Minister Delegate for Foreign Trade and French Nationals Abroad Laurent Saint-Martin told reporters Friday. In a press conference in Makati City, Saint-Martin said he conveyed to President Ferdinand R. Marcos Jr. during their meeting at… Read More France eyes joining Luzon Economic Corridor

CIAC eyes establishment of pharma logistics hub in Clark

By Marie Joy S. Carbungco | April 10, 2025 CLARK FREEPORT ZONE, Pampanga (PIA) — The Clark International Airport Corporation (CIAC) has signed a Memorandum of Understanding (MOU) with the Philippine Pharma Procurement Inc. (PPPI) for the establishment of a pharmaceutical logistics and distribution hub within the Clark Aviation Capital inside Clark Freeport Zone.  The agreement… Read More CIAC eyes establishment of pharma logistics hub in Clark

State of the Freeport: SBMA chief bares vision for Subic sustainability

SUBIC BAY FREEPORT — Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño unveiled his vision for a sustainable business environment in this free port in his first State of the Freeport Address (SOFA) on March 24, Monday. Speaking before officials and members of the Subic Bay Freeport Chamber of Commerce (SBFC),… Read More State of the Freeport: SBMA chief bares vision for Subic sustainability