{"id":7334,"date":"2020-06-16T21:07:57","date_gmt":"2020-06-16T21:07:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=7334"},"modified":"2026-04-24T04:23:28","modified_gmt":"2026-04-24T07:23:28","slug":"pogos-boost-demand-for-office-space","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pogos-boost-demand-for-office-space","title":{"rendered":"POGOs boost demand for office space"},"content":{"rendered":"\n<p>Philippine Offshore Gaming Operators accounted for 13% of the total demand in the first five months of 2020.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Philippines.- Philippine Offshore Gaming Operators (POGO) have been one of the main drivers in the demand for office space in Philippine cities, even during lockdown.<\/p>\n\n\n\n<p>The main cities in the country saw demand for office space continue to grow year-on-year in the first five months of 2020, according &nbsp;to Leechiu Property Consultants (LPC).<\/p>\n\n\n\n<p>Office space requirements grew 34 per cent from January to May, to 211,000 square meters, Business Mirror reported. This was 54,000 square meters higher than in 2019.<\/p>\n\n\n\n<p>Business process outsourcing (BPO) accounted for 37 per cent of that demand, followed by POGOs \u2013mainly from China- which accounted for 13 per cent of demand in the period analysed.<\/p>\n\n\n\n<p>The remaining 50 per cent was shared by traditional offices, corporate tenants, and flexible workspaces.<\/p>\n\n\n\n<p>Leechiu said deals were closed even during the strict quarantine in Metro Manila (which accounts for 60 per cent of the total demand) from March 17 to May 15.<\/p>\n\n\n\n<p>It said: \u201cDemand from the IT-BPM and POGOs, combined with improving investor and public confidence should bring up office demand to approximately 800,000 square meters by year-end.\u201d<\/p>\n\n\n\n<p>POGOs are an important source of income tax for the Philippines. The  authorities expect they will <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-pogos-cash\" target=\"_blank\">bring in about P3 million<\/a><\/em> <\/strong>in the remainder of the year<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Philippine Offshore Gaming Operators accounted for 13% of the total demand in the first five months of 2020.<\/p>\n","protected":false},"author":2,"featured_media":7336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Philippine Offshore Gaming Operators (POGOs) were a significant driver of office space demand in the Philippines during the first five months of 2020, accounting for 13% of total demand. This sector, primarily from China, contributed to a 34% year-on-year growth in office space requirements, with authorities expecting substantial income tax contributions. This highlights POGOs' continued economic impact despite lockdown measures.","focusai_entities":"Leechiu Property Consultants (LPC), Business Mirror, Philippine Offshore Gaming Operators (POGO)","focusai_location":"Philippines, Metro Manila, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"POGO Regulatory Outlook?","query":"What are the current regulatory frameworks governing POGOs in the Philippines, and what potential changes could impact their operational footprint and economic contributions?"},{"label":"POGO Economic Impact Analysis?","query":"How does the projected P3 million income tax contribution from POGOs compare to their overall economic impact, considering employment and ancillary service demands?"}],"footnotes":""},"categories":[153,158,16333],"tags":[1428,128,15789],"class_list":["post-7334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-igaming-news","category-slider-home","category-south-east-asia-news","tag-manila","tag-philippines","tag-pogos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=7334"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7334\/revisions"}],"predecessor-version":[{"id":7353,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7334\/revisions\/7353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7336"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}