The newly enacted Philippine Offshore Gaming Operations (POGO) taxation law has generated P1.22 billion in additional revenue during its initial months of implementation, the Bureau of Internal Revenue (BIR) reported. Signed by President Rodrigo Duterte in September 2021, Republic Act (RA) 11590 or...
The Department of Finance (DOF) said that China’s heightened crackdown on online gambling is the one forcing Philippine offshore gaming operations (POGO) to close shop, and not the government’s new tax measures. Finance Secretary Carlos G. Dominguez III said the exodus of Chinese-run online...
The Philippines and United Kingdom (UK) look to strengthen their defense cooperation to ensure peace and security in the Indo-Pacific region, the Department of National Defense (DND) disclosed Monday, Oct. 11. Defense Secretary Delfin Lorenzana (Photo courtesy of Department of National Defense)...
Department of Transportation (DOTr) Secretary Arthur P. Tugade said on Tuesday, Oct. 5, that he has always been transparent about his financial standing amid reports on his alleged unlisted offshore company. Transportation Secretary Arthur Tugade (Ali Vicoy / File Photo / MANILA BULLETIN) In a...
NEW YORK, United States -- More than a dozen heads of state and government, from Jordan to Azerbaijan, Kenya and the Czech Republic, have used offshore tax havens to hide assets worth hundreds of millions of dollars, according to a far-reaching new investigation by the ICIJ media consortium. A...
State-run Philippine Amusement and Gaming Corp. (Pagcor) said its uncollected receivables from Philippine offshore gaming operation (POGO) was a result of intensive fight against illegal online gambling. Philippine Offshore Gaming Operation In a statement, the government’s gaming regulator said...
Senator Joel Villanueva said he sees no reason for the government to withhold the names of the 15 Philippine offshore gaming operators (POGOs) which owe the government over P1.3 billion. Senator Joel Villanueva (Senate of the Philippines) Villanueva, chairman of the Senate labor committee, issued...
Senator Risa Hontiveros on Monday, September 6, called on the Philippine Amusement and Gaming Corporation (Pagcor) to immediately collect from Philippine offshore gaming operators (POGO) the P1.36 billion they owe the government. Senator Risa Hontiveros (Senate PRIB) Hontiveros issued the appeal...
The Philippine Amusement and Gaming Corp. (PAGCOR) is against proposals to provide certain advantages to special economic zones involved in Philippine offshore gaming operations (POGO). Andrea D. Domingo, PAGCOR chairman and chief executive officer said Wednesday, July 28 that the government’s...
Albay 2nd District Representative Joey Salceda said on Tuesday, July 20, that Speaker Lord Allan Velasco is amenable to the House of Representatives adopting the Senate's version of the fiscal regime for Philippine offshore gaming operators (POGOs). The House Ways and Means Committee chairman said...
Several offshore mining companies from Switzerland, Australia, Japan, and other countries have expressed interest to invest in the Philippines following President Duterte’s lifting of the country’s nine year ban on new mining projects. In a statement, the Offshore Mining Chamber of the...
Senator Risa Hontiveros has reiterated her stance that the Philippine Offshore Gaming Operations (POGO) would never be a good investment for the country. The Senate, on Wednesday night, passed on third and final reading Senate Bill No. 2232 which seeks to impose additional taxes on POGO operations...
