Category: Business and Investment
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SBMA to offer temporary fee cuts, support for port clients
Subic Bay Freeport – The Subic Bay Metropolitan Authority (SBMA) will temporarily reduce fees and extend support to port clients to help ease the impact of rising global fuel costs. SBMA Chairman and Administrator Eduardo Jose L. Aliño said in a statement released to media, the move is in line with Ferdinand R. Marcos Jr.’s…
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Petroleum, grains imports hike SBMA port revenue by 13%
SUBIC BAY FREEPORT — A surge in cargo volume driven by a 47 percent upsurge in grains and petroleum products imports in this free port boosted port operations revenue for the Subic Bay Metropolitan Authority (SBMA) by 13 percent in January. SBMA Chairman and Administrator Eduardo Jose L. Aliño said the agency’s Port Operations Group…
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APECO, InfiniVAN Seal Deal to Boost Aurora as Emerging Data Center Hub
CASIGURAN, Aurora — The Aurora Pacific Economic Zone and Freeport Authority (APECO) and InfiniVAN Inc. have signed a memorandum of understanding (MOU) to strengthen digital infrastructure in Aurora, a move aimed at positioning the province as a key data center hub along the country’s growing ICT corridor. The agreement, formalized in Makati City, was led…
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APECO Pushes Pacific Gateway Port as Global Shipping Routes Face Geopolitical Risks
AURORA — The Aurora Pacific Economic Zone and Freeport Authority (APECO) is advancing plans to develop a Pacific-facing international port in Aurora as rising geopolitical tensions expose vulnerabilities in major global shipping routes. Speaking during the Philippine Ports and Logistics 2026 held in Parañaque City, APECO President and Chief Executive Officer Gil G. Taway IV…
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AFAB Hosts 2nd Korea–Philippines Economic Collaboration Summit in Seoul
SEOUL, SOUTH KOREA — The Authority of the Freeport Area of Bataan (AFAB) hosted the 2nd Korea–Philippines Economic Collaboration Summit on February 9 at the Seoul National University Business School Amphitheater, as part of its investment promotion mission in South Korea. Organized in partnership with PnB Group and Finora Global, the summit brought together nearly…
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Friendship, Flavor, and Fun: Yootopea Restaurant Opens New Branch in Subic Freeport
SUBIC BAY FREEPORT — Yootopea Restaurant proudly announces the grand opening of its newest branch in Subic Freeport, marking another milestone in its expanding presence across Central Luzon. Founded in 2019, Yootopea began as a humble food concept centered on mango slushies and takoyaki. Over the years, it has grown into a vibrant Asian dining…
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FAB-registered enterprises recognized as Bataan top tax contributors
BATAAN – Enterprises operating in the Freeport Area of Bataan (FAB) were among the province’s top tax contributors recognized by the Provincial Government of Bataan during the Sinag ng Bataan awards, a program acknowledging taxpayers whose remittances support provincial services and development programs. The ceremony, held on 9 January 2026 at the Bataan Tourism Pavilion…
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DOLE Zambales supports community livelihood with P4-M assistance
ZAMBALES— The Department of Labor and Employment (DOLE) provided P4 million worth of livelihood packages to three organized groups in Zambales. This is part of the government’s efforts to support community-based enterprises and help organized groups develop sustainable sources of income suited to their local conditions and skills. DOLE Zambales Field Office Chief Reynante Lugtu…
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US-Based Anglicotech Reaffirms Investment Commitment in APECO
AURORA — Virginia-based defense supply chain company Anglicotech LLC has reaffirmed its investment interest in the Aurora Pacific Economic Zone and Freeport Authority (APECO), particularly in ventures aligned with the defense and security sector, following a recent high-level meeting with APECO officials in Pasay City. APECO President and Chief Executive Officer Atty. Gil G. Taway…
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APECO, Korean and Filipino Firms Sign Landmark Deal for Casiguran International New Port
AURORA-A major step toward transforming Aurora into a key maritime and logistics gateway to the Pacific has been taken following the signing of a tripartite memorandum of agreement (MOA) between the Aurora Pacific Economic Zone and Freeport Authority (APECO), Yooshin Engineering Corporation of South Korea, and the Lordsbridge Resources Corporation of the Philippines. The agreement,…
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US Veterans, Defense Firms Eye APECO as Future Hub for Unmanned Systems, Humanitarian Aid
CASIGURAN, Aurora – The Aurora Pacific Economic Zone and Freeport Authority (APECO) is being positioned as the Philippines’ first national defense-oriented hub, with U.S. veterans and defense logistics firms identifying its potential role in unmanned systems, defense manufacturing, and humanitarian operations under the country’s Self-Reliant Defense Posture (SRDP) law. Speaking at the 1st APECO Business…
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APECO, Indonesian Chamber Forge Stronger Investment Ties at 1st Business Forum
AURORA – The Aurora Pacific Economic Zone and Freeport Authority (APECO) will stage its first-ever international business forum on August 23, 2025, bringing in a 55-member delegation from the Indonesian Chamber of Commerce and Industry (KADIN) in a bid to position Aurora as the Philippines’ next investment frontier. The high-profile delegation, led by KADIN Chairman…
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APECO Airstrip Opens for Chartered Flights, Boosts Investor Access
AURORA — The Aurora Pacific Economic Zone and Freeport Authority (APECO) has marked a major milestone in accessibility after recently allowing chartered flights to land directly at its airstrip, a move expected to strengthen investor confidence and connectivity in the ecozone. The historic first landing took place on August 12, 2025, when National Electrification Administration…
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PH to Washington: Consider Subic as warship manufacturing hub
MANILA – The Philippines is urging the United States to consider the country as its potential manufacturer of US warships, as Washington, DC seeks to fortify its fleet over the next 30 years. “Subic, obviously the (former) Hanjin Subic Shipyard, is (in) shipbuilding operation and we’re sure it could possibly be part of what the…
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BCDA seals P4B waste-to-energy deal during PH state visit to India
The Philippines, through the Bases Conversion and Development Authority (BCDA), secured a Php4-billion (US$70-million) waste-to-energy (WTE) investment with Indian engineering firm Uttamenergy Limited, marking one of the major infrastructure agreements from President Ferdinand Marcos Jr.’s state visit to India. The deal will pave the way for the Philippines’ most advanced WTE facility in New Clark…
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