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                    [Title] => Appointments spoil Subic’s high marks
                    [Summary] => A month ago, chairman Felicito Payumo of the Subic Bay Freeport was in high spirits. He had just collated the performance figures for the previous year showing everything was up in his turf, except for internal revenue collections. In a Jan. 6 report to President Gloria Arroyo, Payumo glowed that investments grew 51 percent, with 180 new factories plunking in P2.535 billion in 2002, compared to 2001’s 142 firms with P1.682 billion. With several factories starting up immediately, employment rose seven percent to 48,874 direct hires, not including new jobs from their suppliers.
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                    [AuthorName] => Jarius Bondoc
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LEONZON AND MACOMB

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abtest

Appointments spoil Subic’s high marks

By GOTCHA | By Jarius Bondoc | February 12, 2003 - 12:00am

A month ago, chairman Felicito Payumo of the Subic Bay Freeport was in high spirits. He had just collated the performance figures for the previous year showing everything was up in his turf, except for internal revenue...

Opinion