The Philippine Amusement and Gaming Corporation – PAGCOR – has partnered with the Development Academy of the Philippines (DAP) as a part of its reorganisation efforts.
The Academy will help PAGCOR in compliance topics regarding Governance Commission for GOCCs – GCG.
This implementation of its Compensation and Position Classification System – CPCS – is an vital step required for privatising casinos withinside the country.
In a current announcement, PAGCOR said that it objectives to privatise forty five casinos via way of means of 2025 as a part of this initiative.
Alejandro Tengco, PAGCOR Chairman and CEO, said: “We thank the Development Academy of the Philippines for being a high mover of competency constructing in government.
“We want their assist to conform with the documentary necessities of the GCG and in our efforts to subsequently put into effect the CPCS that our personnel had been eagerly ready for.”
Recently, Tengco and Engelbert Caronan Jr, DAP President and CEO, signed a Memorandum of Agreement for the reorganisation of PAGCOR on the New Coast Hotel in Manila.
As a part of the Philippines Government, the DAP agency works with reputable policies, programmes and control systems of organisations.
Caronan Jr said: “We would really like to thank PAGCOR for his or her believe and self belief on this partnership; we’re equipped to offer the essential technical offerings to make the employer GCG-compliant and assist it perform its reorganisation efforts.”
Only yesterday, PAGCOR launched a announcement mentioning that it became transitioning in the direction of turning into a merely regulatory body.