Japanese electronics firm Nidec will invest P13 billion this year, hire 10,000 more workers and increase production in its current Laguna and Subic facilities. “It is very easy to hire outstanding engineers and workers in this country,” Nidec chairman and chief executive Shigenobu Nagamori said. “They stay with the company for a very long time and they are very good in English. We should have... 

A China based company has offered its services to conduct a study for renewable energy sources in this Freeport particularly the viability of establishing a wind turbine facility here. Subic Bay Metropolitan Authority Wednesday said that representatives from the company based in China assisted by Charles Chen, an official of the Subic Clark Alliance for Development came to Subic last week to meet with... 

By Buraot “Ganito pala sa Olongapo, parang war zone,”. This was the surprised remark from one of the media personnel from GMA-7 who witnessed what happened that fateful day in November 1996. All the action were going on inside the Subic Bay Metropolitan Authority (SBMA) where the APEC forum was being held, so it only makes sense for all the media, local and international, to be there. Fortunately... 

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.... 

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... 

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... 

SUBIC BAY Freeport: The Subic Bay Metropolitan Authority announced that it will be pushing out prospective investments outside the secured fence of the Freeport to spread development in nearby areas. “We expect a jump in investments this year, but most of these will no longer be inside the fenced-in area of the Subic Freeport,” Arreza said. “We will be moving most of the investments we can generate... 

Philip Morris Philippines International Manufacturing Inc. has formally started the construction of its Asia Pacific warehousing hub located in this Freeport after a simple ground breaking ceremony Monday morning. Philip Morris signed a 50-year lease agreement with the free port authority, increasing its total land area to 49,279 square meters from its current 10,000-square-meter warehouse. When finished... 

The Manila Economic and Cultural Office (MECO) over the weekend said that seven new Taiwanese companies has pledge to locate in Subic Bay Freeport. MECO identified the new investors as Bidderford Subic Inc., screw-manufacturer Cano Subic Corp., electronics assembler Misung Subic Bay Inc., industrial bolts, nuts and screw-maker Subic Advance Screw Inc. transhipper and warehouser Subic 999 Trading Corp.,... 

The Bureau of Customs will be blacklisting some 200 high end cars and sport utility vehicles which were allegedly discovered missing in a warehouse inside Subic Bay Freeport. BoC recently asked the help of the Land Transportation Office (LTO) in its efforts to recover the what they said was missing vehicles. In an interview with Presidential Anti Smuggling Group-Task Force Subic Chief of Staff PSSupt.... 

In an effort to balance tourism, business while protecting Mother Nature, the Subic Bay Metropolitan Authority will be hosting the first Subic Bay Water Summit to address one of its natural asset-the waters of Subic Bay. Subic bay has been subjected to various strains brought about by rapid urbanization and development over the years, Subic Bay Freeport has 12,350 hectares of water body. “If these...