SBF expansion investment skyrockets to 6040% in 2022

The Subic Bay Metropolitan Authority (SBMA) Business and Investment Group has reported that committed investments from expansion projects from companies here skyrocketed in 2022 with 6040 percent increase. According to the group’s year-end report, the committed investments from expansion projects alone in 2022 accrued to ₱36,344,969,889.30, which is 6040 percent more than 2021’s ₱591,914,600.00. “This […]

Boosting Bataan: Two important bills approved to enhance economic development and healthcare services

Good news for the people of Bataan as two House bills aimed at improving the province have been approved by the House Committee on Public Works and the Committee on Health, respectively. Bataan Second District Congressman Abet Garcia reported on Tuesday that the first bill, House Bill 6676 or “An Act Mandating the Full Conversion […]

SBMA lauds PBBM signing of ₱4.2-B Nidec Subic’s new venture

The Subic Bay Metropolitan Authority (SBMA) lauded the signing of Nidec Subic Philippines Corporation’s venture into a new product, which will infuse an additional ₱4.2 billion. In his recent official visit to Japan, President Ferdinand Marcos, Jr. signed the contract with Japan Prime Minister Fumio Kishida, who invited him to Japan during the UN General […]

Bataan LGUs pass Good Financial Housekeeping 2022

All local government units (LGUs) in Bataan have received recognition from the Department of the Interior and Local Government (DILG) for their excellent financial management in 2022. The Good Financial Housekeeping (GFH) is a program aimed at evaluating the sound financial practices of LGUs, including budget execution, debt management, and revenue generation. This year, all […]

EU Ambassadors to the PH explore SBF for trade opportunities and employment generation

The Subic Bay Metropolitan Authority (SBMA) recently welcomed the ambassadors from the European Union (EU)’s visit to the Philippines. The delegation aimed to look into the Subic Bay Freeport Zone as a potential growth area for more trade and investments from European countries, as well as a prospective site for the creation of future job […]

CA favors RDC in Sumalo land dispute

The Court of Appeals (CA) has recently made a decision regarding the decades-long land dispute in Barangay Sumalo, Hermosa, Bataan. The decision favors the land owner, Riverforest Development Corporation (RDC). Dani Beltran, Estate and Community Development Manager of RDC told local newsmen that the Court of Appeals’ decision ends any attempt by suspended village chief […]

Slow-moving vehicle drivers asked to keep right

Drivers and motorists plying the Roman Superhighway in Bataan are now being reminded to stay in the right-hand lane, except for when overtaking, making a left turn at an intersection, or avoiding a road obstacle. This is in accordance with Provincial Ordinance no. 21 or the “Keep Right Except to Overtake Ordinance” passed by the […]

SBMA releases revenue shares to neighboring LGUs

The Subic Bay Metropolitan Authority (SBMA) officials recently met with the local chief executives and representatives of the Subic Bay Freeport’s neighboring local government units (LGUs) to distribute a total of ₱178.7-million revenue shares due them. During the event, SBMA Chairman and Administrator Rolen C. Paulino welcomed the mayors and their finance officials at the […]