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EDITORIAL — Stopping ‘POGO politics’

There’s narco-politics, so it isn’t farfetched that Philippine offshore gaming operator firms have financed election campaigns and other political activities in this country. The specter of “POGO politics” is being raised as one of the arguments for the abolition in this country of all forms of offshore gaming, where funds are difficult to trace......»»

Category: newsSource:  philstarRelated NewsJun 7th, 2024

LRT-1’s Cavite extension 98.2 percent complete

The first phase of the Light Rail Transit Line 1’s Cavite extension project is set for completion this year, LRT-1 operator Light Rail Manila Corp. (LRMC) said yesterday......»»

Category: newsSource:  philstarRelated NewsJun 7th, 2024

Kidnapped Chinese tortured in POGO hub

A Chinese kidnapped in Pasay City on Monday has been tortured in a Philippine offshore gaming operator hub in Porac, Pampanga......»»

Category: newsSource:  philstarRelated NewsJun 6th, 2024

186 held in Angeles POGO hub raid

At least 186 people, 157 of them foreigners, were rounded up in a raid on a Philippine offshore gaming operator hub in Angeles City, Pampanga on Tuesday night......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2024

Government OKs entry of 1st foreign satellite operator

Satellite provider Intelsat has become the first foreign company to secure regulatory clearance to sell its services in the Philippines to broadband and mobile operators......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

LRT-1 limits May 26 operations due to Baclaran electrical fault

The Light Rail Manila Corporation, the private operator and maintenance provider of Light Rail Transit-1 (LRT-1), on Sunday advised the public of adjusted train scheduled service......»»

Category: newsSource:  philstarRelated NewsMay 26th, 2024

EDITORIAL — From POGO to IGL

It looks like the government is finally preparing to phase out Philippine offshore gaming operator or POGO firms – by transforming them into so-called IGLs, or internet gaming licensees......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

Pagcor issues 40 licenses to rebranded POGOs

State gaming regulator and operator Philippine Amusement and Gaming Corp. (PAGCOR) has issued a total of 40 licenses to so-called offshore gaming operators – previously referred to as Philippine offshore gaming operators or POGOs – which it has now termed as internet gaming licensees (IGL)......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

PAL to rent aircraft from European carrier

Flag carrier Philippine Airlines is looking to enter into a lease agreement with a European operator to boost its fleet in the heat of supply chain disruptions that are causing delays in aircraft deliveries......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Balai off to a hot start with higher income

Listed bakery operator Balai ni Fruitas Inc. is off to a hot start in 2024, with net income surging by 38 percent to P13.2 million in the first quarter......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Lack of RFID balance causing traffic – SMC

The operator of the Skyway System and NAIA Expressway (NAIAx) is asking motorists to load up their RFID accounts to avoid causing delays in the toll gates that add up to traffic congestion......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

‘Central Luzon airports can co-exist’

Will the Clark International Airport manage to survive and thrive once the largest gateway in the Philippines located in nearby Bulacan is built? Its operator believes that yes, it will persist......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

‘After narco politics comes POGO-politics?’

Sen. Sherwin Gatchalian yesterday warned against the possible emergence of “POGO-politics” following the recent raid on a Philippine offshore gaming operator in Bamban, Tarlac......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Cavitex operator files raps vs OIC of PEATC

he Cavitex Infrastructure Corp. has filed a criminal complaint against Dioscoro Esteban Jr., officer-in-charge of the state-owned firm PEA Tollway Corp. over the alleged unauthorized filing of a petition seeking to remove CIC’s right to manage and operate the Manila-Cavite Expressway......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Megaworld’s Mactan Expo Center Set to be Completed in 2025, Ready for Big International Summits

Taking pride as the country’s largest hotel developer and operator today, property giant Megaworld has started the construction of the P1.5-billion Mactan Expo Center, which is scheduled for completion by next year. This modern state-of-the-art convention facility, which has a seating capacity of almost 3,000 for theater-style set-up, will be Cebu’s first and only standalone […].....»»

Category: newsSource:  metrocebuRelated NewsMay 3rd, 2024

Tourists transfer to Cordova as Lapu-Lapu City imposes environmental fee

LAPU-LAPU CITY, Cebu — Several local and foreign tourists who had booked island hopping tours in Lapu-Lapu City decided to transfer to Cordova town on Wednesday, May 1, 2024, reportedly to avoid paying the P100 environmental fee implemented starting that day. According to Mark Ramirez, a pump boat operator, around four of their bookings from.....»»

Category: newsSource:  inquirerRelated NewsMay 1st, 2024

OceanaGold Philippines all set for stock market debut

OceanaGold (Philippines) Inc., the operator of Didipio gold and copper mine in Nueva Vizcaya, hurdled the final regulatory clearance for its initial public offering, paving the way for its market debut on May 13......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

PSE spending $11 million to upgrade trading engine

The Philippine Stock Exchange Inc., the operator of the country’s only stock market, is not letting up on its efforts to be up to par with global stock exchanges with investments of about $11 million to bolster its operations......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Dito ends Smart’s streak as Philippines fastest operator

Industry disruptor Dito Telecommunity Inc. outpaced its competitors in the speed contest in the first quarter, showing its aggressive stance despite its young network and financial struggles......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

OceanaGold IPO price set

OceanaGold Inc. , the operator of Didipio gold and copper mine in Nueva Vizcaya, pegged its initial public offering price at P13.33 per share, more than a fifth lower than its earlier announced maximum price of P17.28 per share......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024