The Subic Bay Metropolitan Authority (SBMA) has conferred its first SBMA Mabuhay Business Awards on 15 businesses which have strengthened the local economy and contributed significantly to the growth of the country’s gross domestic product. These companies are involved in sectors such as shipbuilding, aviation, logistics, manufacturing and maritime, and information and communication technology (ICT).
For the general business sector, the awardees included Honeywell Ceasa (Subic Bay) Co., Inc., a PhP 435 million company engaged in repair and overhaul of aircraft wheels, brakes and other aircraft equipment; Petron Freeport Corporation, a wholly owned subsidiary of Petron Corporation, with a PhP 422 million investment in Subic; and Anglo Asia Commodities Corporation, a PhP 350 million investment company engaged in export/import, warehousing, and transhipment of general cargo and merchandise.
For the ICT sector, the awardees included PLDT Subic Telecom, Inc., a PhP 550 million company that provides telecommunications services in Freeport; S-Corp Philippines, Inc., a PhP 166 million company with 1,800 workers in the field of technology services; and Moon Kkang Talk, Inc., a PhP 97 million company with 173 workers that provides online direct response marketing, live order taking services, online learning centres, etc.
For the logistics sector, the awardees included Philippine Coastal Storage and Pipeline Corporation, with PhP 3.4 billion worth of investments in a fuel terminal and storage tank farm that can hold 4.6 million barrels of petroleum and petroleum-related products; Subic Bay International Terminal Corporation, a PhP 906 million company that manages and operates the New Container Terminal 1 and is committed to further developing the facilities; and Subic Bay Freeport Grain Terminal Services, Inc., with investment of PhP 683 million for bulk grain handling for Central and Northern Luzon grain importers.
For the manufacturing and maritime sector, the awardees were Hanjin Heavy Industries, Inc., Phil., Subic’s biggest investor with an over $2 billion investment and a total of 33,863 workers; Sanyo Denki Phils., Inc., a PhP 3.2 billion company with 3,500 workers engaged in the manufacture of electric machineries, appliances, and computer and electronic wares; and Tong Lung Phils. Metal Industry Co., Inc., which has over PhP 2.1 billion in investments and over 2,100 workers for the manufacturing of residential and commercial locksets and door closers.
U Mobile recognised for the fastest mobile network in Malaysia, according to Ookla, a global leader in broadband speed testing and web-based network diagnostic applications.
Malaysia-based U Mobile has the fastest mobile network in Malaysia, according to Ookla, a global leader in broadband speed testing and web-based network diagnostic applications. U Mobile’s ranking was based on a speed test data that Ookla collocated through its proprietary Android and iOS mobile applications over a six-month period. More than 5 million test results are collected each day and the data is thoroughly analysed before announcing the winner.
