SUBIC BAY FREEPORT: The Subic Bay Metropolitan Authority (SBMA) said its resolve to go after stale debts and past-due accounts of business locators in the freeport has netted P148.6 million for the state-owned agency.
The SBMA Finance Group reported that the funds collected through the new administration’s aggressive collection program, came from rentals, sublease shares, common use service area (CUSA) fees and other accounts receivable in the last 15 months.
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