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StockBytes PH Knowledge bits for the Philippine Market

Simplifying Investing with Bite-Sized Market Insights for the Philippines
  • Latest Business News
  • Success Stories
    • Philippine Tycoons
      • Manny Villar – PHL Real Estate Master
      • Tony Tan Caktiong – Man Behind Jollibee
      • Lucio Tan – El Capitan
      • Edgar Sia II – Mr Mang Inasal
    • Elon Musk – From Pretoria to Planet Mars
    • Bill Gates – Architect of the Digital Age
    • Warren Buffett – The Oracle of Omaha
    • Mark Zuckerberg – From Dorm Room to Digital Empire
    • Jack Ma – From Rejection to Alibaba Empire
    • Jeff Bezos – From Bookseller to Space Pioneer
    • Jensen Huang – The Architect of AI’s Future
    • Mark Cuban – From Bartender to Billionaire
  • Learn
    • Video Contents
    • Financial Freedom Steps
    • Overcoming Money Beliefs
    • Learn Investments Basics
    • Emergency Fund Guide for Pinoy Investors
    • How Inflation Impacts Your Finances: A Guide for Filipinos
    • How to be a Stockbroker in the Philippines
    • Technical Analysis Basics
    • Insurance
      • Guide to Life Insurance
      • Learn the Basics of Insurance
  • SEC Scams Alerts
  • Stock Market
    • Open an Account
    • Stocks Basic Knowledge
    • Rules on Stock Investing
    • Complete IPO Guide
    • REITs Guide for Pinoy Investors
    • Stock Trading VS Investing
    • When is the best time to Buy and Sell Stocks?
    • Trading Gurus and Scaminars
  • Highlights
    • So, Why aren’t you rich?
    • Bitcoin and Cryptocurrency Guide
    • When is the best time to Buy and Sell Stocks?
    • The Coronaconomy Battle
    • Coronaconomy Winners
    • Emerging Markets VS COVID
  • Recent Post

Racism vs Chinese POGO Workers

  • May 2, 2020May 2, 2020
Racism vs Chinese

Gov’t allows POGOs to partially reopen

Two to three Philippine Offshore Gaming Operators or POGOs have packed up their operations here to relocate abroad amid alleged racism towards Chinese workers, according to Philippine Amusement and Gaming Corporation chair Andrea Domingo.

Domingo said the local bias against POGO employees has proved costly, taking away much-needed revenues and jobs for Filipinos.

“Napaka-racist. In fact we are losing some business. May mga operators, nag-signify na magsasara na dito at pupunta sa ibang jurisdiction na hindi masyadong racist ang mga tao [It’s very racist. In fact, we are losing some business. There are operators who have signified that they will close down here and transfer to a different jurisdiction where the people aren’t that racist],” Domingo told CNN Philippines when asked if the government actively favors Chinese workers.

Read: Racism vs Chinese workers prompt some POGO firms to leave PH – Pagcor

The government’s COVID-19 task force has allowed Philippine offshore gaming operators or POGOs to resume partial operations, presidential spokesperson Harry Roque confirmed on Friday.

Roque said online gambling services are part of the business process outsourcing (BPO) sector, which are allowed to open under the new quarantine rules. A skeleton workforce, or only 30 percent of the total number of employees, are allowed to report for work.

“Ang BPOs po ay ina-allow. Ang POGO po talaga ay BPO,” he said in a media briefing.

Read: Gov’t allows POGOs to partially reopen amid community quarantine

Related: The Coronaconomy Battle

 

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Racism vs Chinese POGO Workers

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