Philippine online sector sees POGO problems

The introduction of a new layer of online licenses in the Philippines has created confusion in the industry, with an attempt to set up an national online audit system adding to a mounting crisis of confidence over regulation of the sector. The Philippines is the only country in Asia to provide a licensing regime for online operators and business had been booming. However, since the entrance of President Rodrigo Duterte, the picture has changed with many companies either choosing to relocate, or considering plans to do so. Up until the end of last year, most licenses had been provided by the First Cagayan Leisure and Resort Corporation as the master licensor for companies, which technically were supposed to be based in the First Cagayan Economic Zone in the remote north of the country. In practice, many were running their businesses out of premises in the capital due to the lack of...

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