Tag Archives: SBMA

Saño resigns as Hanjin Rehab Receiver

by Vic V. Vizcocho, Jr. FRUSTRATED over delays in the rehabilitation proceedings of the cash-strapped ship builder Hanjin Heavy Industries and Construction Philippines, also known as HHIC Phil, newly-court-appointed Hanjin Rehabilitation Receiver Stefani C. Saño has filed before the court that appointed him his irrevocable… [More]

Subic Bay News Vol 11 No. 52

By Publisher on January 26, 2019

Subic Bay News Vol 11 No. 52

Subic Bay News Vol 11 No. 52 in pdf … to view ALL pages, please click here SBN 11 no. 52

NIDEC  launches new line of robotic parts in  Subic Freeport

by Iya G.Oliva, Aletha D. Candaliza and Angel B. Pamintuan Nidec-Shimpo Corporation (Japan) has formally launched the mass production of a new line of robot components in its Subic Freeport plant in the Philippines. According to Nidec-Shimpo First Senior Vice President Hitoshi Inoue, Nidec Subic… [More]

Subic Bay News Vol 11 No. 51

By Publisher on January 19, 2019

Subic Bay News Vol 11 No. 51

Subic Bay News Vol 11 No. 51 in pdf … to view ALL pages, please click here SBN11no51

Saño is Rehab Receiver of Hanjin

by Vic V. Vizcocho Jr. Olongapo City — The Regional Trial Court Branch 72 here has declared the Korean Shipbuilder Hanjin (HHIC Phil Inc.) in the Subic Bay Freeport to be under rehabilitation and appointed Stefani C. Saño as rehabilitation receiver. Saño is a former… [More]

Cruise ship tourism marks strong start in Subic

  SUBIC BAY FREEPORT – With six vessel arrivals scheduled for the month of January alone, this premier free port expects to cement its reputation further as the newest cruise ship destination and top anchor tourist attraction in the country today. On Wednesday, Subic welcomed… [More]

The Net Group chooses AboitizPower’s Cleanergy anew

  Before “green” development became trendy, The Net Group (TNG) has long been leading the way, making it the Philippines’ largest green office building developer and operator today. Nearly 20 years after it was founded by real estate connoisseurs Jacques Dupasquier and Carlos Rufino, TNG… [More]

TWG for Hanjin  displaced workers’ concerns

CITY OF SAN FERNANDO, Pampanga — The Department of Labor and Employment (DOLE) regional office has activated its technical working group (TWG) on job displacement concerns to address fears of workers who might be affected by serious financial losses suffered by Hanjin Heavy Industries and… [More]

Cash- Strapped  Hanjin Files For Rehab

  SUBIC BAY FREEPORT — Subic Bay Metropolitan Authority (SBMA) Chairman Wilma T. Eisma said she was saddened to learn that Korean shipbuilder Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) is facing serious financial trouble. Hanjin, which is currently the biggest foreign investor in the… [More]

Land Bank opens loan facilities to Subic Freeport MSMEs

SUBIC BAY FREEPORT – A financial assistance program is now available here for Micro, Small, and Medium Enterprises (MSMEs) that are accredited to deliver goods and services in the Subic Bay Freeport Zone (SBFZ).  SBMA Chairman and Administrator Wilma Eisma said the SBMA has partnered… [More]