With its recent formal launching, Subic’s New Container Terminal-1 (NCT-1) is now expected to spur growth among industries in Luzon that need to widen their reach in the global market...

Eight months after the keel was laid, the first oceangoing vessel constructed in Subic by Hanjin Heavy Industries Corp.-Philippines (HHIC-Phil) is set to undergo sea trials this month prior to its delivery in June this year. Pyeong Jong Yu, manager of Hanjin’s Outside Business Department, announced that the South Korean shipbuilder has recently completed outfitting the ship, a 41,000-ton cargo carrier which has been ordered by the Greek shipping company Dioryx Marine Corporation. . ...

The Philippines' 14-year old grandmaster GM Wesley So (right) and GM Ehsan Ghaemmagami of Iran during the ceremonial first game in the 2nd Philippine Open International Chess Championship. Witnessing the event are tournament organizers, including National Chess Federation of the Philippines chairman Prospero Pichay (third from right), and SBMA deputy administration for tourism Raul Marcelo (fourth from right). ...

PNP SCHOOL PROJECT: PNP chief Dir.-Gen. Avelino Razon, Jr. (left) lowers the time capsule for the PNP School for Values and Leadership (PSVL) with, left to right: SBMA Chairman Feliciano Salonga, SBMA Administrator Armand Arreza, PAGC Chairperson Constancia de Guzman, and Central Luzon PNP director Chief Supt. Errol Pan.....

Seventeen new investors have signed business contracts with the Subic Bay Metropolitan Authority (SBMA) last week, infusing more than US$34 million in committed investments....

The Subic Bay Metropolitan Authority (SBMA) has not been giving preferential treatment to Hanjin Heavy Industries Corp.-Philippines (HHIC-Phil), the South Korean investor that is operating a $1.7-billion shipyard at Subic’s Redondo Peninsula....