PAGCOR makes second donation to relief efforts

PAGCOR supports government with donations.
PAGCOR supports government with donations.

Regulator donates additional PHP500 million (€8.6million) to help the government. 

Philippines.- Efforts to contain the spread of the coronavirus in Philippines continue to ramp up with the Philippine Amusement and Gaming Corp. (PAGCOR) donating an additional PHP500 million (€8.6million) to help the government. 

This is in addition to the PHP2 billion (€34.7 million) fund that was set up by the regulator last week.

PAGCOR Chairman and CEO Andrea D. Domingo said this additional funding will be used for the acquisition of personal protective equipment of healthcare frontliners, additional operating expenses of the Bureau of Quarantine, and support the Research Institute for Tropical Medicine, in charge of the tests.

“The number of COVID-19 infected Filipinos is on the rise. But while these numbers are still small compared to other countries, the government is already doing its best to stop the spread of the virus. PAGCOR, being one of the government’s strong partners in nation-building will help ensure that through our funding support, the healthcare sector as well as other frontline government agencies will have access to basic medical necessities that are needed to combat the disease,” Domingo said.

PAGCOR suspended all gaming operations in the Metro Manila region, which has been put on lockdown by the Philippine President, Rodrigo Duterte.

Entry restrictions were placed on all countries with Covid-19 infections, apart from to Filipino nationals returning home.

Any community in the Philippines reporting more than two cases will be told to force quarantine, while the alert code has been raised to the highest possible level after 140 cases confirmed in the country.

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coronavirus finance philippines