Tag: PAGCOR

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New online games drive DigiPlus 61% surge in profit

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a strong first-half performance, with new online games helping drive net income 61 percent higher to P8.4 billion.

PAGCOR launches site to verify gaming licenses

The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled a new digital platform, the “PAGCOR Guarantee” website, aimed at helping the public verify the legitimacy of online gaming providers amid a rising number of fraudulent operators.

Gaming revenues surge in 2024 as industry rapidly evolves

The rapid evolution of the gaming industry fueled a sharp rise in earnings for the state-run Philippine Amusement and Gaming Corp., as surging revenues from electronic gaming more than offset earnings lost due to the government’s decision to ban Philippine Offshore Gaming Operations (POGOs).

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Aboitiz leads PH power generation market share – ERC data

Data from the Energy Regulatory Commission (ERC) in June shows that Aboitiz Equity Ventures Inc. (AEV) holding the largest share of the power generation market at 24.30 percent, equivalent to 6.85 million kilowatts.

Sugar industry welcomes closure of bioethanol import loophole

The United Sugar Producers’ Federation of the Philippines (Unifed) has welcomed new guidelines from the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) that closes a regulatory loophole affecting imports of sugar-based feedstocks for bioethanol production.

Mixed fuel price adjustments expected this week

The various fuel retailers indicate mixed price adjustments for gasoline and diesel will take effect this week.

DA allocates funds and launches programs to preserve Ifugao rice terraces

The Department of Agriculture (DA) is stepping up efforts to protect the Ifugao Rice Terraces, a UNESCO World Heritage Site, from threats including climate change, aging infrastructure, and shifting farming practices. Agriculture Secretary Francisco Tiu Laurel Jr. led an assessment visit to Banaue and Batad Rice Terraces over the weekend to review conditions and consult with local farmers and officials.

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