Boosted by a resurging seaport trade, SBMA recorded an income of P387 million last January, the highest monthly revenue ever recorded in the Subic agency’s almost 30 years of history.
SBMA is expecting a stronger position in regional seaborne trade this year following the maiden port call here last Wednesday of the shipping giant Mediterranean Shipping Company (MSC), as well as the revived port visit of the Taiwanese shipping line Wan Hai.
After almost nine months of flying home overseas Filipino workers (OFWs) and other returning Filipinos via this free port, the Philippine Air Lines (PAL) landed its last “Bayanihan” repatriation flight at the Subic Freeport on Tuesday, February 22.
The number of active COVID-19 cases in Subic Bay Freeport Zone plunged to zero on Wednesday, February 9, after surging for three weeks in January when health authorities confirmed nationwide transmission of the Omicron variant.
SBMA registered a revenue of P3.47 billion last year, capping the second year of the COVID-19 pandemic with an 8% growth in income and other major accomplishments in key performance areas.
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