SBMA okays ‘win-win’ deal for Subic school takeover
August 19 2017 by SBMA Media Team
SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) has greenlighted the takeover by a new company of the debt-ridden property previously leased out to the Lyceum of Subic Bay, Inc. (LSBI), saying the agreement provided for a “win-win” solution for the Subic agency to collect more than P31 million in overdue rent payments and other arrears.
SBMA Administrator & CEO Wilma T. Eisma said a resolution approved by the SBMA Board of Directors last Thursday, Aug. 10, allowed the LSBI to assign its leasehold rights to Premium Technical Training and Facilities, Inc. (PTTFI), which shall assume its financial obligations and continue with the development commitments under its lease.
This was made possible by the withdrawal of the company from coverage of the SBMA policy granting educational institutions a 75% discount in rentals, which are supposed to be plowed back by the schools to scholarship programs and facilities improvement.
Gordon bats for Central Luzon investment corridor
September 4 2017 by SBMA Media Team
SUBIC BAY FREEPORT – Senator Richard Gordon has called on the Subic Bay Freeport business community to support his proposal to establish an investment corridor in Central Luzon that will encourage more business and livelihood activities and spur further development in the area.
Speaking during the North Luzon Business Conference here last week, Gordon said he has filed Senate Bill No. 1325, or “An Act Creating the Regional Investment and Infrastructure Corporation of Central Luzon,” to facilitate the creation of an investment corridor in the region.
The senator explained that the proposed Regional Investment and Infrastructure Corporation (RIIC) aims to attract more foreign investors by way of providing for a road network system that will interconnect airports and seaports in Luzon.
He added that the proposed legislation will provide tax incentives for companies and will utilize the area to help ease the traffic currently weighing down the Metro Manila area. This will further ease the congestion of the seaports and airports in Manila, he said.
2017 International Coastal Clean Up / Protect our Bay Advisory
September 5 2017 by SBMA Media Team
Please be informed that the 2017 International Coastal Clean-up (ICC) activity will be held at the Waterfront Beach on 16 September 2017 (Saturday). An opening program will be held at the Waterfront Event Center at 6AM.
As such, the Ecology Center is inviting all locators, organizations, employees, residents and individuals of the Freeport to participate in the ICC and bring the needed beach clean-up tools and materials such as garden rakes, shovels, spades, stick brooms, used sacks and garbage bags for this activity.
We also encourage participant to bring their own water in re-useable containers to avoid adding plastic bottles to the event.
Kapihan with SyCip in Subic: Updates on Labor and Immigration Law
September 25 2017 by Go To Plus Inc HRD
SyCip Salazar, Hernandez & Gatmaitan, in coordination with SBMA Labor Department and Subic Bay Workforce Development Foundation, Inc. (SBWDFI) conducted a successful Kapihan with Sycip in Subic on Labor and Immigration Law update last June 30, 2017 at the Subic Bay Travelers Hotel and Event Center.
The following were the topics discussed;
1. Data Privacy in the Workplace
2. Post-Employment Issues and labor updates
3. Expatriates in the Philippines: Bringing the Culture Gap-address potential conflicts between expatriates and employees by providing cultural contexts and practical advice on working with Filipinos, Koreans and Japanese.
4. Breakout/ Consultation Sessions with the participants.
Malacañang appoints Eisma SBMA Chair and Administrator
September 26 2017 by SBMA Media Team
PRESIDENT Rodrigo Duterte on Monday (September 25, 2017) appointed SBMA Administrator Wilma T. Eisma Chairperson and Administrator of the Subic authority for a term expiring on June 30, 2022.
Eisma’s new appointment was made under Executive Order (EO) No. 42, which was signed by the President also on Monday. The new EO expressly repealed EO No. 340 signed in 2004 by then President Gloria Macapagal-Arroyo, which essentially split the powers and duties of the highest position in the Subic Agency.
Section 3 of EO 42 provides for the appointment by the President of “the Administrator of the SBMA, who shall be the ex-officio Chairman of the SBMA Board.”
Eisma, a lawyer and former SBMA volunteer, was appointed SBMA administrator in December 2016, two months after Malacañang named former Volunteers Against Crime and Corruption (VACC) official Martin Diño as chairman of the Subic Agency.
The new EO also noted that EO 340 “has created confusion with regard to the scope of authority, powers, functions and duties of the Chairman of the SBMA Board and the Administrator of the SBMA that has adversely affected the operations of the SBMA, as well as the numerous investors and locators” in the Subic Bay Freeport.
The Palace decision to keep just one top SBMA official was immediately hailed by Subic investors, community leaders and SBMA employees, who had earlier urged Malacañang to resolve the conflict and prevent further confusion among Subic stakeholders.
Business locators in Subic, as well as local government units in Zambales and Bataan, had earlier urged Malacañang to intervene in the conflict, and called for the appointment of a capable administrator-chairman to head the SBMA.