Hanjin Heavy Industries Corporation-Philippines on Wednesday sent off the 2nd biggest oil tanker made in the country today. So far M/T Eser K is the 12th ship that Hanjijn built since it started to operate in Subic Bay Freeport in 2006. HHIC formally turned over M/T Eser K to its owner, the turkey-based Kaptanoglu Shipping Line Wednesday. Those who graced the naming ceremony were Kaptanoglu president... 

Subic Bay Metropolitan Authority (SBMA) is set to tighten security this summer in an effort to better secure both residents and tourist coming in and out of Subic Freeport. The move was in compliance with the instruction of SBMA Administrator Armand Arreza to maintain a high level of security in the zone and to safeguard properties of transients and residents. “We cannot afford to lose the credibility... 

The Subic Bay Metropolitan Authority announced that it is targeting $8 billion cumulative investments this year. SBMA Administrator Armand Arreza said that large projects are already in the pipeline which is why the authority is aiming for the $8 billion mark. Arreza said that among the prospective big-ticket developments that would start this year are the $130-million project of Harbour Centre Port... 

203 blue plate cars including several luxury and sports cars are now the subject of a massive “car hunt” by government agency. Among these vehicles according to the Bureau of Customs (BoC) are various models of 37 Mercedes Benz, 26 BMW, eight units of Porsche, three Jaguar, Land Rover and Volvo units, and one Ferrari, among others. BoC commissioner Napoleon Morales said that he has tapped the... 

Harbour Centre Port Terminal, Inc. (HCPTI) and the Subic Bay Metropolitan Authority (SBMA) has signed a P6 billion agreement paving the way for HCPTI to develop several port in this Freeport. HCTPI is the country’s largest private commercial port operator for non-containerized cargo. Officials of SBMA have planned to turn Subic into the biggest industrial port and logistics hub in the Northern Luzon... 

Sport will be one of the attraction in this freeport this summer as several sport festival lined were lined up by the Subic Bay Metropolitan Authority. According to Subic Bay Metropolitan Authority (SBMA) deputy administrator for business Raul Marcelo, sports festival will start this month as  part of the agency’s tourism program. “Subic is known for its unique blend of business and leisure.... 

Filipino senior citizens can now stretch their cash a tad further. A 250 peso meal, for example, at any restaurant would now cost them only P200. The signing into law of the Expanded Senior Citizens Act of 2010 (ESCA), or Republic Act No. 994 will benefit some five million elderly Filipinos in the form of discounts on certain goods and services. The law will allow senior citizens to avail themselves... 

After the success of JR Celski at the Olympic speed skating event, a Filipino American woman competed in the figure skating pairs competition in the 2010 Vancouver Olympics . Amanda Evora with partner Mark Ladwig didn’t win a medal but came up with personal bests in their first ever Olympic Games. The 25 year-old Pinay who trains in Florida, and Mark posted a personal best score for the during the... 

Schedule of activities for the SBMA 2010 Mini Olympics Day 1 (February 17) TIME ACTIVITY VENUE 6:00 – 6:30 ASSEMBLY TIME IN FRONT OF BLDG. 229 6:30 – 7:30 PARADE -DO- 7:30 – 8:00 PROGRAM REMY FIELD RAISING OF THE FLAGS OATH OF SPORTMANSHIP LIGHTING OF THE TORCH 8:00 – 10:00 LARO NG LAHI REMY FIELD PATINTERO KADANG-KADANG TUG OF WAR TANDEM... 

The Subic Bay Metropolitan Authority, the Philippine Retirement Authority (PRA) and the Subic Bay Freeport Chamber of Commerce recently singed a memorandum of agreement in an effort to market Subic as a retirement heaven. The agreement was signed last week by PRA chairman Edgar Aglipay, SBMA Chairman Feliciano Salonga, SBMA administrator Armand Arreza and SBFCC president Danny Piano. The three parties... 

President Gloria Macapagal-Arroyo made Subic her last stop for her Luzon Urban Beltway tour that started last week. The president made a visit in Subic Bay Freeport late in the afternoon to check on the Subic Port Development Project and Korean ship builder Hanjin. Upon docking at the Hanjin pier the convoy of the president was supposed to be briefed by Hanjin officials along the Hanjin-Cawag road... 

The Kalaklan bridge will be open until June 2010. This was the announcement of SBMA Administrator Armand Arreza in a recent statement. Arreza further explained that the bridge will continue to be open to light vehicles and pedestrians, in response to appeals made by the city government and business groups in Olongapo City. Arreza also ordered SBMA engineers to regularly monitor the bridge and ad additional...