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Local property stocks tumble as China wants Philippines to ban all...

INVESTORS unloaded stocks in some of the country’s top property developers on Thursday, amid worries that China’s crackdown on online gambling will dent the rising demand for office space and condominiums fueled by Philippine Offshore Gaming Operators (POGOs) and their Chinese workers.

POGOs driving residential property market’s growth

DEMAND from a growing number of Philippine Offshore Gaming Operators or POGOs for properties is invigorating the residential real estate market of Metro Manila.