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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.

Fuel price rollback seen, but don’t get hopes up – DOE

ANOTHER round of rollback in fuel pump prices could be expected next week, but the motoring public should manage expectations as external factors are...

Pag-IBIG member savings reach record-high aP59.52B; MP2 Savings reach P31.50B, up 16%

PAG-IBIG Fund members collectively saved P59.52 billion in January to August this year, growing 11.45 percent year-on-year and setting a new record for the...
United Nations’ Food and Agriculture Organization Sugar Price Index in August this year rose by 1.3 percent from July, mainly triggered by heightened concerns over the impact of the El Niño phenomenon on sugarcane crops. PHOTO COURTESY OF PNA

PH prices of key goods seen staying up

FACTORS that are putting upward pressure on headline inflation in the Philippines are seen persisting for longer as the climate threatens food production while...
Aircraft pilots and related associate professionals received an average monthly wage rate of P135,363 in 2022. CEBU PACIFIC PHOTO

PSA releases top 10 highest-paying jobs in PH

AIRCRAFT pilots and related associate professionals in the Air Transport industry received the highest average monthly wage rate in the country, according to the...
The Independent Electricity Market Operator of the Philippines says the downtrend in Wholesale Electricity Spot Market prices may continue if there would be no unforeseen plant outages. Photo shows the power transmission towers and lines in Laguna and Rizal provinces. JIRE CARREON/RAPPLER PHOTO

ERC expects decision on rate reset to be out in October

THE Energy Regulatory Commission (ERC) expects the decision on the reset of power transmission rates to be out not later than October, according to...

Fuel prices cut by 20 to 50 centavos per liter

FILIPINOS will finally get a reprieve from two and a half months of increases in the pump prices of petroleum products after local oil...
(Seated, from left) Mr. Jaypy S. De Juan, Senior Science Research Specialist from the Department of Science and Technology-Food and Nutrition Research Institute (DOST-FNRI) Technology Transfer and Commercialization Section; DOST Negros Occidental provincial director, Engr. Allan Francis P. Dara-ug; DOST-FNRI director, Dr. Imelda Angeles-Agdeppa; and CM & Sons Food Products, Inc. CEO and president Jonathan Manuel Lo; and (standing) Mr. Alexis M. Ortiz, DOST-FNRI chief administrative officer

Merzci brings Iron Rice Plus to Western Visayas

CM & SONS Food Products, Inc., popularly known as Merzci, brings Iron Rice Plus to Western Visayas. Demonstrating its efforts dedicated to improve public health...

SSS Antique calls out delinquent employers to remit their employees’ contributions

SAN JOSE, Antique- Nine establishments involved in food, general merchandise, engineering, and various service business received written notices from the Social Security System (SSS) for...

DBP remits P25 billion for MIC

State-owned Development Bank of the Philippines (DBP) has remitted P25 billion to the Bureau of Treasury (BTr), which represents the Bank’s share in the...

GCash warns users on ‘jailbroken’ and ‘rooted’ phones

In an ongoing effort to combat scams, frauds, and account takeovers, the country's most popular finance super app, GCash, is now barring 'jailbroken' and...