News in Subic, Olongapo, Bataan, Zambales » SBMA

Subic to become iron ore transshipment hub

Anthony Bayarong — Wed, 01 Feb 2012 07:47:10 +0000

SUBIC Bay Freeport: Brazilian company Vale Shipping Holding (VSH) is set to make Subic Freeport the biggest transshipment hub of iron ore in the country.

This after one of the biggest Floating Terminal Station (FTS) docked here Monday, according to Subic Bay Metropolitan Authority Chairman Roberto Garcia.

Garcia said Ore Fabrica (FTS) had already docked in Subic bay and will be operational in the middle of February.

“The new project is said to bring P25million in revenue per year for Subic Bay Freeport,” [...]

SBMA salary hike approved; implementation pending

Philstar.com — Tue, 31 Jan 2012 08:22:18 +0000

SUBIC BAY Freeport: The salary hike for the workers of Subic Bay Metropolitan Authority (SBMA) has already been approved, but its implementation was suspended pending the approval of President Benigno Aquino III.

SBMA Chairman Roberto Garcia issued the statement after www.philstar.com sought clarification on the issue after several SBMA workers complained of the much-delayed implementation of salary hike.

“It has been already approved by the DBM but I don’t have the exact date when (it would be implemented), but it is with the [...]

Anti coal plant fun run set in Olongapo

subictimes — Wed, 25 Jan 2012 08:53:31 +0000

OLONGAPO City: Anti coal plant advocates joined hands in hosting a fun run dubbed as Sikad Subic to widen their campaign against the setting-up of coal-fired power plants here.

“Inaanyayahan po naming ang lahat na sumama sa SIKAD SUBIC. Bata man o matanda, mahalaga ang suporta ng bawat isa sa layunin nating isalba ang Subic Bay sa pinaplanong coal-fired power plant,” said El Latinazo, vice-chairman of YNEA’s executive board and chairman of the SIKAD Subic’s Secretariat.

YNEA together with PREDA, AKBAYAN, YMCA, [...]

SBMA fast-tracks accreditation of 400 new locators for Ayala mall

subictimes — Thu, 19 Jan 2012 03:18:39 +0000

SUBIC BAY freeport: The Subic Bay Metropolitan Authority (SBMA) recently conducted setup a one-day, one stop shop business processing program designed to fast track the accreditation of more than 400 local and international companies wishing to locate inside the Ayala Harbor Point Mall.

“This is a first time in SBMA that we have put together all permit-issuing SBMA departments in a business processing event to simplify the process,” SBMA Chairman Roberto Garcia said.

“We hope that we could encourage more merchants to invest [...]

Garcia is Subic’s energizer but he ain’t no bunny

Anthony Bayarong — Sun, 15 Jan 2012 03:20:00 +0000

Robert V. Garcia is Subic’s energizer but he ain’t no bunny. Photo by Anthony Bayarong

By Anthony Bayarong

Great private sector achiever is now in government service

One would get the impression that he is a snub, a very serious and strict guy because of his tough exterior look.

But once you get to know him or just even talk to him, or just hearing him acknowledge your greeting, you will get an impression that he is a gentle soul. He will bluff [...]

Subic celebrates 19th year of Freeport takeover

subictimes — Thu, 24 Nov 2011 08:19:24 +0000

SUBIC BAY Freeport: November 24 marked the day when thousands of residents from Olongapo City, and Zambales and Bataan provinces volunteered to manage this former American naval base after the U.S. troops withdrew in 1992.

Subic naval base was the largest US military installation outside mainland US. When its troops withdrew, thousands of volunteers worked without compensation that turned the area into one of the most successful Freeport in history.

Today, hundreds of former Subic workers trooped to Volunteers Shrine here to [...]

Another coal plant eyed in Subic

subictimes — Tue, 22 Nov 2011 06:14:08 +0000

SUBIC Bay Freeport: A South Korean firm is studying to build another coal fire power plant in Subic Bay Freeport which would cost around $450 million.

Kepco Philippines Corp is planning to put up a 200 to 300 megawatts coal plant in Subic to supply electricity for ship building giant Hanjin Heavy Industries located in Redondo Peninsula inside Subic freeport.

An official of the Subic Bay Metropolitan Authority who asked not to be named confirmed that they had received a request months [...]

Local companies invest $1.07-B in Subic

subictimes — Thu, 10 Nov 2011 01:19:08 +0000

SUBIC Freeport: The Subic Bay Metropolitan Authority (SBMA) reported Wednesday that investment pledges from local investors in this Freeport reordered an all-time high reaching $1.07 billion for the first nine months of this year.

Local investors, according to SBMA, dominated this year’s pledges totaling 72 out of the 95 projects approved by the SBMA management.

Filipino-owned company represents 99.18 percent of the total new investments worth $1.08 billion.

Foreign direct investments or FDIs, meanwhile, dropped significantly, from the previous $1.12 billion to $8.8 [...]