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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.

Pump prices increase anew today

OIL prices at the pump will increase starting today after four weeks of rollbacks. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Petron, PTT, Seaoil,...
Better weather conditions in October 2023 could have helped stabilize food prices, such as vegetables and other agricultural products. PN PHOTO

Inflation likely eases to 5.6% in October

HEADLINE inflation likely eased in October as better weather conditions helped stabilize food prices, an economist said yesterday. Rizal Commercial Banking Corporation (RCBC) chief economist...
Impressed by Kacific's service and aftersales support, Century Peak requested more installations at other sites.

Philippine Mining Companies Strike Gold with Kacific’s Satellite Internet

The Philippines is home to vast mineral resources, including gold, copper, nickel, and chromite. The mining industry has tremendous potential to contribute to the...

917Ventures’ FundSpace expands SME loan offerings up to P100M with Esquire Financing collaboration

FundSpace, a loan aggregator under Globe’s 917Ventures, has partnered with Esquire Financing, Inc., a leading non-collateral business loan provider, to provide enhanced business financing...
(From left) Ma. Cleofe Bonete of Glacier Panay; John Aloysius Bernas, chairman of Cold Front; Arturo C. Yan, president of Glacier Megafridge lnc.; Roxas City’s Vice Mayor Teresa Almalbis; Jen Gonzales Lao, VP of Cold Front; and Emilio Gonzales Lao, president of Cold Front

Glacier Panay unveils innovative carbon dioxide refrigeration facility in Roxas City

ROXAS City – Glacier Panay, a pioneering joint venture between Pueblo de Panay, Inc. and Glacier Megafridge, proudly inaugurated its state-of-the-art carbon dioxide refrigeration...
Passenger car sales in September 2023 reached 9,558 units – 19.8 percent higher than the 7,976 units sold in September 2022. PN PHOTO

Locally assembled vehicle sales up 9.5% in September

LOCALLY assembled vehicle sales in September this year increased by 9.5 percent to 38,628 units from 35,282 units sold a year ago, the Chamber...
Some tech experts at the DevCon Pro Summit 2023 said there's an urgent need to prioritize cybersecurity measures as it is an economic issue. Some noticed that cybersecurity is not always a priority of government and individuals. JEKKI PASCUAL/ABS-CBN NEWS PHOTO

Weak PH cybersecurity may affect competitiveness – experts

THE Philippine government should invest in cybersecurity so that the country can remain competitive and maintain growth, a data expert said. During the DevCon PRO...
Prototypes of electric vehicles in the country. Screengrab from presentation of Trade Secretary Ramon Lopez at the 8th Philippine Electric Vehicle Summit on Sept. 24, 2020 via PNA

PH eyes ecozones for e-vehicle, parts manufacturing

DEPARTMENT of Trade and Industry (DTI) undersecretary Rafaelita Aldaba said the agency is eyeing economic zones solely for electric vehicles (EV) manufacturing, including parts...
President Ferdinand R. Marcos Jr. is met by Armed Forces of the Philippines chief of staff Gen. Romeo Brawner Jr. upon his arrival at Villamor Air Base in Pasay City on Saturday, Oct. 21. The President attended the 1st Association of Southeast Asian Nations - Gulf Cooperation Council Summit in Riyadh, Saudi Arabia and held meetings with Saudi Arabia’s and Kuwait’s crown princes, business leaders, and the Filipino community. PNA PHOTO BY ALFRED FRIAS

Saudi bizmen interested in Maharlika Fund – Palace

BUSINESS leaders in Saudi Arabia have expressed their intention to learn more about the Philippines' Maharlika Investment Fund (MIF), Malacañang said. In his opening remarks...

MORE Power’s impact on Iloilo City’s economy highlighted at biz summit

ILOILO City – The Iloilo Business Summit, hosted by the Philippine Chamber of Commerce and Industry (PCCI) - Iloilo Chapter at the Marriott Hotel...