5 days ago

𝐀𝐅𝐀𝐁 𝐣𝐨𝐢𝐧𝐬 𝐅𝐈𝐑𝐁 𝐰𝐫𝐢𝐭𝐞𝐬𝐡𝐨𝐩 𝐭𝐨 𝐟𝐚𝐬𝐭-𝐭𝐫𝐚𝐜𝐤 𝐂𝐑𝐄𝐀𝐓𝐄 𝐌𝐎𝐑𝐄 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 The Authority of the Freeport Area of Bataan (AFAB) participated in the two-day inter-agency writeshop held in Iloilo City from June 5 to 6, 2025. Together with key government agencies, the activity aims to finalize supplementary issuances to operationalize key provisions of the CREATE MORE Act. Spearheaded by the FIRB, the writeshop will accelerate the effective implementation of Republic Act (RA) No. 12066, or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act, which will establish a transparent and investor-friendly fiscal incentives system. The event brought together representatives from various stakeholders, including the Investment Promotion Agencies (IPAs), the Bureau of Internal Revenue (BIR), the Bureau of Local Government Finance (BLGF), the Department of the Interior and Local Government (DILG), and the World Bank. This reaffirms AFAB’s strong commitment to active participation in consultative policymaking and fostering a coherent, investment-friendly fiscal incentives system grounded in collaboration, fiscal prudence, and national development priorities. #INVESTintheFAB #WEareAFAB

2 weeks ago

𝐀𝐅𝐀𝐁 𝐡𝐨𝐥𝐝𝐬 𝐅𝐫𝐞𝐞𝐩𝐨𝐫𝐭 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐛𝐫𝐢𝐞𝐟𝐢𝐧𝐠𝐬, 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 The Authority of the Freeport Area of Bataan (AFAB), through its FAB Enterprise Department, conducted a series of briefings to boost stakeholder engagement, improve frontline services, and ensure regulatory compliance. Participants included FAB Registered Enterprises (FREs), Business Licensees (BLs), accredited customs brokers, and freight forwarders. On 23 June, the Ports Services Division held its Ports Services Orientation, providing a comprehensive review of frontline services and the Port Manual to support enterprises engaged in import and export activities. The following day, the Registration Division led the FAB Enterprises Briefing for FREs and BLs, updating them on key policies and regulations to reinforce compliance and operational alignment, fostering a strong culture of accountability. On the last day, 25 June, the Enterprise Assistance Division hosted its Mid-Year Briefing, equipping representatives, customs brokers, scrappers, and freight forwarders with updated policy, procedures, and reportorial requirements for managing article movement within the FAB and FAB Expansion Areas. The session drew 105 participants from FREs and 43 from BLs. These briefings highlight AFAB’s commitment to responsive governance and continuous collaboration with stakeholders, ensuring efficient and compliant operations across the Freeport Area of Bataan (FAB). #INVESTintheFAB #WEareAFAB

2 weeks ago

𝐀𝐅𝐀𝐁 𝐣𝐨𝐢𝐧𝐬 𝐏𝐇𝐈𝐋𝐌𝐀𝐑𝐈𝐍𝐄 𝟐𝟎𝟐𝟓, 𝐬𝐨𝐥𝐢𝐝𝐢𝐟𝐲𝐢𝐧𝐠 𝐏𝐇-𝐅𝐑 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 The Authority of the Freeport Area of Bataan (AFAB) joined the 3rd Philippine-France Technical Cooperation Day during the 10th PHILMARINE 2025 on 19 June 2025 at the SMX Convention Center in Pasay City, Philippines. Organized by the Maritime Industry Authority (MARINA), in coordination with the French Embassy in the Philippines, the conference aimed to improve the safety and sustainability of the Philippine maritime transport sector under the theme "Strengthening Philippines-France Technical Cooperation through Safe and Sustainable Shipping." AFAB, represented by Mr. Joselito G. Lobrin III, Port Operations Technical Officer, and Mr. Arnie M. De Guia, Terminal Supervisor B, participated in the networking sessions to support the national agenda of enhancing cooperation between the Philippines and France. #INVESTintheFAB #WEareAFAB