Duterte won't abolish
POGO: We need it !-- -- Alexis Romero (The Philippine Star) - September 5, 2019 - 12:00am MANILA, Philippines Despite warnings including from Beijing that it can worsen criminality, Philippine offshore gaming operations (
POGO) will continue because "it is good for the country," President Duterte said yesterday.
'We can use these additional labor law compliance officers to monitor the movements of these foreign workers especially those in the operation of these
Pogos,' the labor chief said.
Pagcor Chair Andrea Domingo claims
POGOS contribute an annual average of P 7 billion in franchise fees (and 2% of the business) during the last three years.
Pernia said these
Pogos can instead locate in places outside of the National Capital Region (NCR) or Metro Manila to operate.
However, Panelo noted that
POGOs remain as a 'legitimate revenue-making' project in the country.
The pleasure was simple enough that the
pogo stick's design has survived the better part of a century with virtually no change.
Experts say the
pogo stick is going to be this year's festive must-have
However, CNA Manufacturing Systems Inc, Redmond, WA, has developed
Pogo Flexible Tooling Systems that offer benefits that dedicated or fixed tooling can't offer.
The Bureau of Internal Revenue has collected about P200 million in taxes from foreigners working for
Pogos, which employs about 130,000 Chinese nationals in the Philippines.
Moreover, Leechiu emphasized that if
POGOs are ever pulled out of the country, the real estate market will get hurt, but will have a "soft-landing" due to deposits, payment advances made by
POGO firms, as they pay rent 24 months in advance.
Diokno said during a forum organized by the Economic Journalists Association of the Philippines (Ejap) that while the AMLC is involved in the investigation, the issue is not necessarily about
POGOs being conduits of money laundering but its impact on the larger economy should their operations are discontinued.