Tag: Subic Bay port

SBMA Releases Almost P220 Million Revenue Shares To Olongapo City And Other Local Government Units

SBMA Releases Almost P220 Million Revenue Shares To Olongapo City And Other Local Government Units

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The Subic Bay Metropolitan Authority (SBMA) announced that it has released almost P220 million in revenue shares to the City Government of Olongapo and seven other local government units (LGUs).

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) released a total of PHP 218,115,671.26 in revenue shares to eight local government units (LGUs) contiguous to this premier freeport zone.

SBMA Chairman and Administrator Eduardo Jose L. Aliño said that this amount released on Tuesday, July 21, 2026, represents the revenue shares for the first semester of 2026, which is 10.24 percent higher than that of last year’s comparative period.

The recipient LGUs are Olongapo City, the municipalities of Subic, San Marcelino, Castillejos, and San Antonio in Zambales, and the towns of Dinalupihan, Hermosa, and Morong in Bataan.

Taking into account the population and land area, Olongapo was allocated the largest amount of PHP 50,420,165.72, received by Olongapo City Mayor Atty. Rolen Paulino, Jr. This was followed by Subic, Zambales, which received PHP 32,871,521.46, accepted on behalf of Mayor Jonathan John Khonghun.

The remaining LGUs received their allocations as follows: Dinalupihan, Bataan, with PHP 27,438,313.68, accepted on behalf of Mayor German Santos, Jr.; San Marcelino, Zambales, with PHP 26,272,445.97, received by Mayor Elvis Soria; Hermosa, Bataan, with PHP 23,422,520.27, accepted on behalf of Mayor Atty. Anne Adorable-Inton; Castillejos, Zambales, with PHP 19,817,470.23, received on behalf of Mayor Jeffrey Khonghun; Morong, Bataan, with PHP 19,340,287.10, received on behalf of Mayor Leila Linao-Muñoz; and San Antonio, Zambales, with PHP 18,532,946.83, received by Mayor Dr. Arvin Antipolo.

The LGU shares are sourced from five percent corporate taxes paid by business locators in the Subic Bay Freeport. They are distributed among LGUs based on population (50%), land area (25%), and equal sharing (25%).

OIC-Deputy Administrator for Finance Editha Marzal, along with the finance team, led the distribution of the LGU shares.

Marzal noted that the net shares distributed to the LGUs include not only the current collection period’s allocations but also the 10 percent retention withheld during the first semester of the 2024 distribution.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you see the increased amount of revenue shares as a sign of better economic activities and finances within the Subic Bay Freeport Zone? Do you think the revenue shares would be higher once the Luzon Economic Corridor (LEC) and Pax Silica activities finally start economic activities in the near future?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

SBMA And BCDA Agree To Use Port Of Subic Bay As Maritime Gateway For Pax Silica

SBMA And BCDA Agree To Use Port Of Subic Bay As Maritime Gateway For Pax Silica

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The Subic Bay Metropolitan Authority (SBMA) announced that it has sealed a formal agreement with the Bases Conversion and Development Authority (BCDA) to make the Port of Subic Bay the preferred maritime gateway for Pax Silica.

Launched in late-2025, Pax Silica is a United States-led strategic coalition to secure the global supply chains for artificial intelligence and semiconductors. Pax Silica was designed to counter China’s dominance in technology manufacturing and earth minerals.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) and the Bases Conversion and Development Authority (BCDA) have agreed to make the Port of Subic Bay the preferred maritime gateway for the Pax Silica initiative.

The partnership was confirmed in the signing of the Memorandum of Understanding (MOU) between SBMA Chairman and Administrator Eduardo Jose L. Aliño and BCDA President and CEO Joshua M. Bingcang at the Bonifacio Technology Center in BGC, Taguig City, on July 20, 2026.

“Having the Port of Subic Bay as the preferred maritime gateway for Pax Silica Operations within the Luzon Economic Corridor is a great honor for the SBMA. It is, in fact, a crowning recognition of the invaluable role the Port of Subic Bay can play, on par with the initiatives to support the National Government regarding Pax Silica,” Aliño said.

“As part of the Luzon Economic Corridor, Subic Bay’s deep-water port and shipyard facilities are designed to transport raw materials like nickel and copper quickly, and processed tech goods between the port and the AI-native Economic Security Zone, or ESZ, in New Clark City,” he added. Meanwhile, Bingcang highlighted that the Port of Subic Bay offers a strategic advantage for the Pax Silica initiative. It serves as a critical gateway that enables the efficient movement of raw materials into the country and the timely delivery of finished products to customers,” PCEO Bingcang said. It serves as a critical gateway, enabling the efficient movement of raw materials into the country and the timely delivery of finished products to customers.

He added that the partnership advances the Marcos administration’s whole-of-government approach to infrastructure development and investment promotion, while reinforcing the Luzon Economic Corridor through stronger integration of ports, industrial hubs, and emerging technology ecosystems that will generate quality jobs and long-term economic opportunities for Filipinos.

Also present during the signing ceremony were SBMA Senior Deputy Administrator for Operations Ronnie Yambao and BCDA Senior Vice President for Legal Services Atty. Diana Joyce N. Basco-Galera.

This partnership requires the SBMA to identify and evaluate specific land and port areas under its jurisdiction that can be strategically leveraged for the Pax Silica initiative. It also involves evaluating the infrastructure, utilities, logistics, and port support requirements for Pax Silica.

The partnership would also include the assessment of land use compatibility and traffic connectivity with existing and planned master development plans of both economic zones; exchange of non-confidential information relevant to infrastructure planning and operational coordination.

Both the BCDA and the SBMA would also conduct market sounding, logistics demand analysis, potential development phasing, and explore possible modes of cooperation or future project structures, subject to applicable laws and policies.

Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised the SBMA and BCDA sealed the agreement on designating the Port of Subic for Pax Silica as a maritime gateway?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

American Delegation Sees Potential Business Opportunities In Subic Bay

American Delegation Sees Potential Business Opportunities In Subic Bay

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A delegation from the United States recently visited the Subic Bay Freeport Zone, met with the local authorities and saw the potential business opportunities within, the Subic Bay Metropolitan Authority (SBMA) announced.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

A United States delegation is eyeing more potential business opportunities here as part of a profile business mission in line with the initiatives of the Luzon Economic Corridor (LEC).

According to SBMA Chairman and Administrator Eduardo Jose L. Aliño, the delegates from the U.S. Northeast, Midwest, and West Coast regions visited on July 8, 2026 to participate in the said business mission that will strengthen partnerships, expand business opportunities, and foster a prosperous future for both U.S. and Philippine enterprises.

With the theme “Driving the Future of U.S.–Philippine Trade Through Innovation,” Aliño said that the mission reflects the SBMA’s commitment to enhancing international cooperation and economic growth within the Subic special economic zone.

The delegation, composed of 25 executives and investors, conducted comprehensive discussions, site visits, and networking activities with SBMA officials and Subic company officials, all designed to showcase the potential and advantages of investing in the SBFZ.

Subic Bay Freeport Chamber of Commerce (SBFCC) President Benjamin Antonio III, together with SBFCC Executive Director Donna May Tamayo also joined to take part in a rare opportunity to build strong, lasting business relationships that will drive economy not only in the Subic special economic zone but ultimately the country as a whole.

The Philippine Trade and Investment Center (PTIC) in New York, the facilitator of the said U.S. Business Mission to the Philippines, said that the main goal of the trip is to create stronger economic ties and encourage more US companies to invest in the country’s growing economy.

Aside from Subic Bay Freeport, the delegation also visited areas in Manila, Clark, and Corregidor Island to conduct business meetings, informational briefings, and tours of these major economic areas that are part of the LEC.

“The trip comes at a time when the Philippines is actively working to welcome international businesses and establish itself as a key partner for US companies looking to grow in Asia,” the PTIC said.

Officials from Worldwide Shipping & Logistics (WSL), who were also part of the delegation, said that these engagements strengthened economic cooperation and opened new opportunities for trade and investment between the United States and the Philippines.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the visit of the American delegation will lead to a breakthrough of new investments and the creation of new businesses inside the Subic Bay Freeport Zone in the next few years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Subic Bay Port Operations Revenue Jump 20% To P389 Million In 1st Quarter Of 2026

Subic Bay Port Operations Revenue Jump 20% To P389 Million In 1st Quarter Of 2026

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The Subic Bay Metropolitan Authority (SBMA) recently announced that the port operations revenue reached P389 million in the first quarter of this year which reflects a 20% jump compared to the previous year.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) generated PHP 389 million in revenues from port operations during the first quarter of 2026, with a 20 percent increase from last year’s PHP 324 million.

SBMA Senior Deputy Administrator for Port Operations Ronnie Yambao disclosed that the Seaport Department alone generated PHP 302 million of the said amount, the Airport Department with PHP 50 million, and the Trade Facilitation and Compliance Department (TFCD) at PHP 36 million.

According to Yambao, the Seaport Department generated PHP 302 million from higher Vessel and Cargo Charges which increased by 31 percent, while the number of ship calls also increased by 20 percent.

The Port of Subic recorded a total of 463 ship calls by foreign and domestic vessels, 171 of which were bulk and break-bulk vessels, recording a 29 percent increase. Meanwhile, there was also an 18% increase in recorded port calls with 159 liquid bulk vessels.

“Consequently, revenues from SBMA’s share in Pilotage Services also increased by 20 percent, while Tugboat Services posted a significant 75 percent growth,” he said.

Revenues from wharfage fees also escalated by 24 percent with an increase in total volume of containerized cargo by 3 percent. This was driven mainly by a 5 percent growth in imports, equivalent to 28,070 TEUs.

Major contributors included assorted food products from Ecossential Foods Corp., and rubber products from Yokohama Tires Philippines Inc. Export cargoes likewise grew substantially by 31 percent, reaching 15,757 TEUs, primarily contributed by DSV Air and Sea Inc. and Yokohama Tires Philippines Inc.

Meanwhile, non-containerized cargo volume posted a remarkable 30 percent increase, mainly driven by bulk and break-bulk cargoes, which rose by 47 percent. Key commodities contributing to this growth included rice (up by 331 percent), corn (up by 571 percent), soybeans (up by 15 percent), wheat (up by 16 percent), and liquid bulk petroleum products (up by 11 percent).

Yambao added that revenues from SBMA’s share in Cargo Handling Services increased by 22 percent, largely from Amerasia International Terminal Services Inc., Mega Subic Terminal Services Inc., and Subic Bay Freeport Grain Terminal Services Inc.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the port of Subic Bay will be able to exceed 2025’s revenues by the end of this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco