Advertisementspot_img
Thursday, October 30, 2025

Delivering Stories of Progress

Advertisementspot_img

APECO Backs Marcos’ Anti-POGO Law

Latest article

Advertisement - PS02barkero developers premium website

THEPHILBIZNEWS Partner Hotels

Hotel Okura Manila
The Manor at Camp John Hay
Novotel Manila
Discovery Suites
Advertisement - PS02barkero developers premium website

With the recent decision of President Ferdinand R. Marcos Jr. in signing Republic Act No. 12312, also known as the Anti-POGO Act of 2025, the Aurora Pacific Economic Zone and Freeport Authority (APECO) has expressed its strong support for the measure, calling it a vital step toward restoring integrity in the country’s investment promotion framework.

APECO President and CEO Atty. Gil G. Taway IV said the new law institutionalizes the nationwide ban on Philippine Offshore Gaming Operators (POGOs) and revokes the authority of special economic zones, freeport authorities, and investment promotion agencies including APECO to issue licenses or permits to POGOs and their service providers.

Atty. Taway said the new law strengthens government efforts to eliminate offshore gaming operations and rescinds the authority previously granted to special economic zones, freeport authorities, and investment promotion agencies including APECO, to issue licenses, permits, or accreditations to POGOs, their content providers, and service providers.

“Since I assumed office in October 2023, our management has made it a priority to align APECO’s operations with this policy direction. We immediately launched a comprehensive audit of all existing POGO-related entities within the zone,” Taway said.

During the audit, APECO discovered a POGO locator operating not only within the ecozone but also inside the APECO Administration Building. Facilities that were originally registered for tourism were found to be housing foreign POGO workers.

Following President Marcos’ 2024 State of the Nation Address, in which he announced a total POGO ban, APECO promptly began phasing out the lone POGO locator operating in its area.

Taway also welcomed the cancellation of work permits and visas connected to POGO operations, emphasizing that under the new law, all such permits are now automatically revoked.

He explained that while APECO’s charter allows the issuance of Investor’s Visas to qualified foreign investors, the new management had already suspended visa issuances in November 2023 to review all previously granted visas and work permits. In July 2024, the APECO Board approved the Revised Report and Recommendation on Visa Operations, which included the cancellation of Resident Visas linked to POGO activities.

“The process of cleansing and reforming the zone was neither simple nor easy, but it was necessary,” Taway said. “APECO has since redirected its focus toward developing the ecozone as a national defense hub, clean energy center, Fishing Capital of the Pacific, and a frontier for sustainable tourism.”

APECO, he added, is now prioritizing investments that generate local jobs, promote regional growth, and uphold ethical business practices.

Taway thanked President Marcos and lawmakers for passing the landmark reform, saying it restores integrity to the country’s investment promotion framework and protects the Philippines from the illicit activities linked to offshore gaming.

“President Marcos’ institutionalization of the POGO ban validates the direction we have taken. It sends a strong message that economic zones must be sanctuaries for responsible investment—not safe havens for questionable operations,” he concluded.

Under this new governance framework, APECO pledges to continue promoting accountability, lawful enterprise, and inclusive growth.

Advertisement - PS04spot_img

More articles

Advertisement - PS05spot_img
Advertisement - PS01spot_img

Must read

Advertisement - PS03spot_img