By Ruben Veloria

Subic Bay Freeport – The Subic Bay Multi-Purpose Cooperative (SBMPC) is among the 30 companies inside this Freeport that were honored during the Subic Bay Metropolitan Authority (SBMA) Mabuhay Business Awards this year held at the Subic Bay Exhibition and Convention Center (SBECC) on December 13, 2024.

SBMA Chairman and Administrator Eduardo Jose L. Aliño said the 30 awardees were recognized, out of the 1,909 locators, for there exceptional contribution to the business growth of the Subic Bay Freeport Zone this year.

Aliño added that the SBMA Mabuhay Awards embodies the agency’s commitment to recognizing the outstanding contributions of these companies who have significantly enriched the domestic economy; hence, “Mabuhay” symbolizes life, enthusiasm and positivity.

Recipient of the Loyalty Business Award, SBMPC is the oldest cooperative in the area, with more than 2,000 members from various companies in the Freeport, the nearby Olongapo City, Zambales, and Mariveles, Bataan.

Other recipients in the same category were Idess Interactive Technologies Inc., MOF Company Subic Inc., Royal Duty Free Shops Inc., and Mikuni Terminals Mechatronics Philippines Corporation.

For the Micro Small and Medium Enterprise (MSME) of the Year Award, the awardees were the MJY 88 Medical Clinic, La Banca Travel and Tours Corp., and the Grand Food Venue Corp. that owns Xtremely Xpresso, Subic Ben’s Kitchen and Iron Grill Asian Fusion.

For the New Business of the Year, the recipients were Skarya Builders Inc., Maritime Expert General Services Corporation, Bistro Italiano Corp., Good Manufacturing Leathers Inc., Intelligent Outsourcing Inc., MSK Group Work Incorporated, Strategic Channel for Career Development Corporation, Swire Agrotech Agricultural Products Inc., Pure Petroleum Corporation, Sands of Triboa Resorts and Spa Inc., Subic Bay Yacht Club., Norden Subic Entrepreneurs Inc., and Grainpro Philippines Inc.

For the Top Importer of the Year, the award was given to Raizen Asia PTE. LTD., while the Top Exporter of the Year went to the Sanyo Denki Philippines Inc.

For the Eco-Innovation Award, the SBMA hailed the Subic Smart Community Corporation.

Subic Bay Town Center, Inc. bagged the Health and Wellness Business of the Year award.

For the Corporate Social Responsibility Award, the SBMA hailed the Philippine Coastal Storage and Pipeline Corporation.

For Business Developer of the Year, the awardees were Aolly Home Inc., and  Sachi Subic Inc.

For the Excellence in Occupational Health and Safety Practices, the top performer was Tong Lung Philippines Metal Industry Co. Inc.

Meanwhile, a Special Award was given to the Subic Bay Freeport Chamber of Commerce Inc.

Senior Deputy Administrator for Business and Investment Renato W. Lee III said that these 1,909 companies not only contributed to the business growth of the Subic Bay Freeport, but also provided employment to 162,891 workers.

“Aggregate investments amounting to P577.99-billion as of third quarter of 2024 accrued to the SBMA and the Total Operating Revenue generated from 1992-2023 has amounted to P64.36-billion. In the first half of 2024, the SBMA released a total of P204.7-million Net Revenue Shares, higher than last year’s same period,” he said.