Subic’s strategic Grande Island eyed as military post

By Henry Empeño | March 20, 2025 SUBIC BAY FREEPORT — An American-era island-fortress here which had since been developed into a popular tourism destination is being eyed by the Department of Defense (DND) as a military reservation after noting that the strategic island could be used in illegal activities related to Philippine Offshore Gaming… Read More Subic’s strategic Grande Island eyed as military post

6 foreigners, 2 Filipinos with POGO ties nabbed in Subic Freeport

By Henry Empeño | March 20, 2025 SUBIC BAY FREEPORT — Authorities arrested on Wednesday, March 19, five Chinese nationals, one Cambodian national, and two Filipinos for suspected illegal activities related to Philippine Offshore Gaming Operations (POGO) here at Grande Island, a strategic outpost guarding the seaside entrance to this special economic and free port… Read More 6 foreigners, 2 Filipinos with POGO ties nabbed in Subic Freeport

LGUs get P143-M from SBMA, but drop in revenue shares noted

By Henry Empeño| March 10, 2025 SUBIC BAY FREEPORT — This appears to be an unintended effect of the CREATE MORE Law. Contiguous communities affected by the operations of the Subic Bay Special Economic and Freeport Zone recently received from the Subic Bay Metropolitan Authority (SBMA) a total of P143 million as revenue shares from… Read More LGUs get P143-M from SBMA, but drop in revenue shares noted

SBMA hosts boot camp for Luzon entrepreneurs

SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA), through its Business and Investment Group, hosted on Feb. 26 to 28 the Start-Up Grant Fund Bootcamp, a capacity-building project for aspiring entrepreneurs from all over Luzon. The three-day training event held at the Subic Bay Exhibition and Convention Center was organized by the Sulong… Read More SBMA hosts boot camp for Luzon entrepreneurs

PBBM sees more active cruise tourism in RP

By PBS-BBS | February 26, 2025 PRESIDENT Ferdinand E. Marcos, Jr. is confident of more cruise ships docking in the country’s ports as he called on cruise lines to strengthen their collaboration with his government. “To the distinguished representatives of cruise lines, esteemed industry leaders, and valued partners, the Philippines extends a warm and earnest… Read More PBBM sees more active cruise tourism in RP

Project Kinex: PBBM nets P4.2 billion foreign investments to expand Subic Freeport

BOASTING of the country’s ease of doing business with significant tax incentives included, President Ferdinand Marcos Jr., has successfully encouraged foreign entrepreneurs to invest and experience for themselves how the Philippines is now fast becoming the investment capital of the Southeast Asian region. This dovetails with Pres. Marcos’s vision under the Philippine Development Plan 2023-2028… Read More Project Kinex: PBBM nets P4.2 billion foreign investments to expand Subic Freeport

Subic Freeport sees more business, jobs with CREATE MORE Act

By E.H. Edejer | February 22, 2025 SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) expects to generate more investments and employment in this free port following the signing of the implementing rules and regulations (IRR) of Republic Act 12066, or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for… Read More Subic Freeport sees more business, jobs with CREATE MORE Act

CA nullifies Tarlac court’s injunction vs. BCDA, CDC

THE Bases Conversion and Development Authority (BCDA) welcomed the Court of Appeals’ decision to nullify a Tarlac court’s order that previously prohibited the BCDA and Clark Development Corporation (CDC) from recovering the 100-hectare Kalangitan Sanitary Landfill in Capas, Tarlac. In a statement, the BCDA said the decision supports the BCDA and CDC’s position that the… Read More CA nullifies Tarlac court’s injunction vs. BCDA, CDC