The worst is over for the Philippine property market due to various favorable factors, although the projected office space take-up remained low at 380,000 square meters only or 70 percent lower than the 1.9 million sqm recorded in 2019, according to the country’s leading property and management...
The Department of Finance (DOF) said it will comply the Supreme Court’s order barring the imposition of franchise tax on all bets generated by Philippine offshore gaming operations (POGOs) Finance Secretary Carlos G. Dominguez III said the Bureau of Internal Revenue (BIR) will halt the...
RR Pogoy of TNT attacks the basket against Maverick Ahanmisi and Rodney Brondial of Alaksa. (PBA Images) RR Pogoy sizzled for 34 points as TNT made its way to the PBA Philippine Cup semifinals after eliminating Alaska, 104-83, in their quarterfinal match Saturday at the Angeles University...
High vacancy and falling rents hound office, retail and residential property segments, but the luxury residential remained undaunted by the overall economic slowdown caused by the global pandemic. Janlo Delos Reyes, head of research and consultancy at JLL Philippines, at the company’s 3Quarter...
State-run Philippine Amusement and Gaming Corp. (Pagcor) expects its online gaming revenues will drop by almost half as income of Philippine offshore gaming operators (POGO) and their service providers plummeted amid the pandemic. Jose Tria, Pagcor assistant vice president for offshore gaming...
The exodus of Philippine offshore gaming operations (POGOs) to affect government tax revenues from the real-estate sector and other businesses, the Department of Finance (DOF) said yesterday. Finance Secretary Carlos G. Dominguez III said during a virtual Senate hearing yesterday that he received...
