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After the POGO ban, the vacancy rate of office buildings in Metro Manila approaches 20%.

After the POGO ban, the vacancy rate of office buildings in Metro Manila approaches 20%.

According to the latest real estate market monitoring report released by CBRE Group, a real estate services and investment company, the office space vacancy rate in the Metro Manila area has risen to 19.9% in 2024, reaching a high point in recent years. This figure is equivalent to about 1.8 m

30like·0comment01-29
Philippine leader signs order banning offshore gaming ops

Philippine leader signs order banning offshore gaming ops

Philippine President Ferdinand Marcos Jr (pictured) has issued an executive order prohibiting all offshore online gaming operations in the country. Executive Order No. 74, published on Friday, states that the ban shall encompass existing operators, license applications, license renewals, cessation o

29like·0comment2024-11-11
Philippines President Marcos signs Executive Order officially banning POGOs

Philippines President Marcos signs Executive Order officially banning POGOs

Philippines President Ferdinand Marcos Jr has officially signed the Executive Order banning the nation’s offshore gaming industry, widely known as POGO.Titled “Immediate Ban on Philippine Offshore Gaming, Internet Gaming, and Other Offshore Gaming Operations in the Philippines”, Executive Order No.

25like·0comment2024-11-09
Tax Expert Explains the Impact of the POGO Ban on Rental Properties

Tax Expert Explains the Impact of the POGO Ban on Rental Properties

Philippine tax experts have studied the ban on Philippine Offshore Gaming Operators (POGO) and its tax implications for real estate owners who rent to these operators.Philippine Offshore Gaming Operators (POGO) gained momentum under the Duterte administration to increase revenue and employment.Howe

0like·0comment2024-10-29

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