The price of sovereignty

The price of sovereignty

How much would the Philippines pay to prevent China from exerting influence over and gaining a foothold on one of the country’s strategic locations — Subic Bay? It’s P1.35 billion a year for the next 25 years. It’s for the Philippine Navy’s lease of a 100-hectare...
Foreclosure of Subic Ocean Adventure Park nears

Foreclosure of Subic Ocean Adventure Park nears

Ocean Adventure, Subic’s famous theme park and its facilities will soon be foreclosed by the Subic Bay Metropolitan Authority (SBMA) due to various contract violations and its inability to deliver committed development plans.Wilma T. Eisma, SBMA Chairperson and...