Friday, May 24, 2024
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Gov’t intel report says CEZA chief milking money from crypto locators

Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA), is under fire after Manila Times columnist Ramon Tulfo revealed on Thursday, Feb. 20, a government intelligence report detailing the corrupt practices of top ecozone officials against Chinese firms involved in online gambling and crypto-currency.

Ceza cracks down on ‘online sabong’, unlicensed crypto firms

The Cagayan Economic Zone Authority (Ceza) has clarified that it has not issued any license for online cockfighting and stressed that anyone engaged in such activity is violating the anti-illegal gambling law.

$1-billion maglev research hub to rise in Cagayan ecozone

The Cagayan Economic Zone Authority (Ceza) has announced that it has inked a tripartite memorandum of understanding (MoU) with two Chinese companies to develop a maglev research and development center in Sta. Ana, Cagayan.

Chinese crypto firms boost CEZA’s income by 212% in first 9 months

However, collection from online gambling operations slowed down compared last year and could be attributed to CEZA's new thrust to limit online gambling operations inside the zone.
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