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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.

Mitsubishi’s ‘Downpour Deals’

THE rainy season has just started and Mitsubishi Motors Philippines Corporation (MMPC) is pouring irresistible offers with the Mitsubishi’s Downpour Deals promo. With this...
Regina Capital managing director Luis Limlingan said term growth slows from key trading partner may spill over to the Philippines. BLOOMBERG

Economists eye impact of slower China GDP on PH

MANILA – Some economists have discounted a negative impact on the Philippines in the near term, of the slower second quarter growth of the...

Peso firms up vs US dollar

MANILA - The Philippine peso firmed up at its strongest level in nearly 18 months on Monday as the stock market entered bull...
The Department of Trade and Industry is urging the President to issue an executive order to reduce logistics costs. PORTCALLS.COM

DTI proposes to reduce shipping costs

MANILA - The Department of Trade and Industry (DTI) will ask President Rodrigo Duterte to issue an executive order (EO) that will significantly reduce...
The “Rainwater Harvester” is a corporate social responsibility project of the Metro Iloilo Bulk Water Supply Corporation, in partnership with MIWD. The initiative is led by MIB Human Resources Manager Sheena Marie Relano-Antonio and Engr. Ariel Jampayas Huyong, Facilities and Plant Maintenance Manager of MIB. IAN PAUL CORDERO/PN

Metro Iloilo Bulk Water Supply Corporation turns over ‘Rainwater Harvester’ to Sta. Rita Elementary...

Pursuing its vision environmental protection and giving back to its communities, the Metro Iloilo Bulk Water Supply Corporation (MIB) on July 16 turned over...
“POGO is legal and is here to stay,” gaming regulator Andrea Domingo said, referring to Philippine offshore gaming operators. The industry employs about 138,000 mostly Chinese workers in online casinos catering to gamblers from the mainland and is poised to surpass call centers as Manila’s top new office space user this year. NIKKEI

Philippines plans to set up hubs for online casinos

MANILA – Online casino centers are under construction north and south of the Philippine capital to cash in on the booming gaming sector, the...
Photo shows workers stacking NFA rice. The BOC said that an average of 256, 445 metric tons per month of rice had been imported since the implementation of the Rice Tarrification Law. GMA NETWORK

BOC on track to meet P10B rice tariff target

MANILA - “The Bureau of Customs (BOC) was right on track to meet the P10 billion collection target set under the Rice Tariffication Law,”...

DBM releases 85.5% of national budget

MANILA - “About P3.130 trillion or 85.5% of the P3.663 trillion obligation programs for fiscal year 2019 has been released as of the end...

New BSP deputy governor sworn in

MANILA - Francisco G. Dakila Jr. received his oath of office as deputy governor for Monetary and Economics Sector (MES) in ceremonies administered by...
The Philippines seemed to be the only country where companies operating lending apps resort to public humiliation to collect payments according to NPC commissioner Raymund Liboro. PEXELS

Privacy commission probing 93 lending apps

MANILA - The National Privacy Commission (NPC) on Sunday said it is probing 93 lending apps amid complaints that operators of these apps access...

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