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PAGCOR keen on issuing more international gaming licenses
The Philippine Amusement and Gaming Corp. is open to keeping the Philippine Offshore Gaming Operators sector alive, with its top official saying that it provides employment to close to 70,000 Filipinos......»»
What impact could a potential POGO ban have on the REITs?
I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»
PM s Prizes for Space to showcase sector s talent
The Government is recognising the innovative and rising talent in New Zealand's growing space sector, with the Prime Minister and Space Minister Judith Collins announcing the new Prime Minister's Prizes for Space today."New Zealand has a growing reputation as a high-value partner for space missions and research. I am excited to announce these prizes which will help foster talent, which plays an important role in.....»»
Jolibet Online Gaming celebrates third year anniversary, introduces a new online gaming experience to Filipinos
Jolibet Online Gaming celebrates third year anniversary, introduces a new online gaming experience to Filipinos.....»»
Striking drivers, operators face financial woes
For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
SC junks petition challenging legality of POGOs
The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»
House panel Oks proposed POGO ban
Efforts to ban Philippine offshore gaming operators in the country have gained ground at the House of Representatives after a committee yesterday approved two measures on this......»»
Gcash pinag-iingat publiko vs mga iligal na online gaming platform
Pinag-iingat ng mobile e-wallet na GCash ang publiko laban sa mga hindi beripikadong SMS at marketing messages mula sa mga unlicensed online gaming platforms na ilegal na ginagamit ang kanilang logo at brand. The post Gcash pinag-iingat publiko vs mga iligal na online gaming platform first appeared on Abante......»»
402 POGO hubs have expired licenses’
At least 402 Philippine offshore gaming operator hubs in the country have expired licenses, according to the Philippine Anti-Organized Crime Commission......»»
How safe is our space?
Safe Spaces Act (Bawal Bastos Law) or the Republic Act No. 11313 was enacted into law in April 2019. It was signed by former President Rodrigo Duterte to increase protection against sexual harassment whether online or in the physical space. This covers all forms of gender-based sexual harassment (GBSH) committed in public spaces, educational or training institutions, workplaces, and online spaces......»»
Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»
PPPs eyed for offshore wind farms in ports
The government may consider public-private partnerships (PPPs) in its plan to transform ports into offshore wind projects, as it could take as much as $80 million to redevelop each one of them......»»
Metrobank eyes return to offshore debt market
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»
ADB OKs $400,000 assistance to Philippines for offshore wind projects
The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»
10 offshore wind projects to generate power by 2028
At least 10 offshore wind projects with 6.72-gigawatt (GW) capacity are expected to generate power by 2028, according to Energy Undersecretary Rowena Cristina Guevara......»»
Tarlac POGO hub raid: Raps filed vs 8 Chinese
Criminal complaints were filed yesterday against eight Chinese who were arrested during a raid at a Philippine offshore gaming operator (POGO) hub in Bamban, Tarlac on Wednesday......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Office space take-up reaches nearly 300,000 sqm in 2023
Metro Manila office space net absorption more than doubled to 297,800 square meters (sqm) in 2023, driven by continued transactions mostly from traditional firms......»»
Public utility trike operators urged to renew franchise, warned vs overpricing
THE Davao City Transport and Traffic Management Office (CTTMO) conducted a dialogue with the different Tricycle Operators and Drivers’ Associations (Todas) of Toril District to remind drivers of the provisions of the Traffic Code of the City......»»