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Panay News, the biggest daily newspaper in Western Visayas brings you latest updates on local business, finance, economy, stock market, and business policies.

Budget Secretary Amenah Pangandaman describes the New Government Procurement Act as “the biggest anti-graft and corruption law in our modern history.” DBM PHOTO

Gov’t procurement of common-use items through ‘add-to-cart’ soon – DBM

GOVERNMENT offices’ purchase of common-use items will soon be as easy as using popular online shopping platforms, following the passage into law of the...
The Bureau of Immigration said on Tuesday, July 23, it would revoke the visas granted to foreigners employed in Philippine Offshore Gaming Operator firms following the immediate ban on the online gambling companies. GMA NEWS FILE PHOTO

20,000 foreign POGO workers told to leave PH in 60 days

AROUND 20,000 foreign workers of the Philippine Offshore Gaming Operators (POGO) were told to leave the Philippines in 60 days after President Ferdinand Marcos...

SEC starts to regulate sale of condotels, rental pool assets

THE Securities and Exchange Commission (SEC) has introduced regulations on the sale of condominium, hotel, resort, dormitory, and other real estate assets with rental...

Pag-IBIG Calamity Loan ready for members affected by Typhoon Carina

July 25, 2024 – Pag-IBIG Fund has announced the immediate availability of its Calamity Loan to assist members affected by Typhoon Carina. The typhoon...

GM Robles orders branch offices to assist in relief drives; Heavy rains, floods prevent...

EFFORTS by personnel from the Philippine Charity Sweepstakes Office (PCSO) to immediately provide relief goods and other assistance to the victims of typhoon Carina...

GM Robles leads PCSO relief drive for Carina victims; says branch offices to continue...

THE Philippine Charity Sweepstakes Office’s (PCSO) relief drive in Camanava and other areas finally pushed through on Thursday, a day after heavy rains and...
The Bangko Sentral ng Pilipinas intends to expand its user base through the promotion of quick response (QR) codes as preferred payment modes. PYMNTS.COM PHOTO

More than half of retail payments digitalized in 2023

THE Philippines is becoming more "cash light" with 52.8 percent of retail payments in 2023 made through digital transactions, the Bangko Sentral ng Pilipinas...
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PH wants to test Indian market; chartered flights eyed by 2024

TALKS are ongoing for flights between the Philippines and India, with initial chartered flights testing the Indian market expected to be out by the...
The inauguration program of GAC Motor Santa Rosa was led by notable figures in attendance, including (from left to right) Calvin Cheng, Country Manager, GAC Motor International; Dato Ben Yeoh, Executive Chairman, Bermaz Auto Asia; Franz Decloedt, Brand Head, GAC Motor Philippines; Dato Francis Lee, CEO, Bermaz Auto Asia; Dato Amer Hamzah, Executive Director, Bermaz Auto Asia; Tan Eng Hwa, Treasurer, Bermaz Auto Asia.

GAC MOTOR SANTA ROSA FORMALLY OPENS UNDER BERMAZ AUTO ASIA

Manila, Philippines | 19 July 2024 – Astara-led GAC MOTOR Philippines continues with their strategic expansion campaign, this time launching the GAC MOTOR Santa Rosa...
Customers purchase goods at a supermarket in Manila. MARK DEMAYO/ABS-CBN NEWS PHOTO

DTI removes some basic, prime commodities from SRP list

THE Department of Trade and Industry (DTI) will remove some products from the list of basic and prime commodities with suggested retail prices (SRP). DTI...
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