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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.

PH economic program vindicated by Fitch’s ‘BBB’ rating

MANILA – Bangko Sentral ng Pilipinas (BSP) governor Nestor Espenilla Jr. said the Monetary Board will continue to implement its price stability mission to...

BSP mulls ‘strong monetary policy action’ to address inflation

MANILA – The Bangko Sentral ng Pilipinas has signaled it will further hike key monetary policy rates next month to ease rising commodity prices...

Duterte submits proposed P3.75-T nat’l budget for 2019

MANILA – The Malacañang on Monday submitted to Congress the proposed P3.757-trillion budget for next year, the same day President Rodrigo Duterte delivered his...

After Boracay, other tourist spots to be rehabilitated, says Duterte

MANILA – President Rodrigo Duterte on Monday said that after the rehabilitation of Boracay Island, other tourists destinations would follow as part of a...

P439B in investments approved under Duterte admin, says PEZA

MANILA – The Philippine Economic Zone Authority (PEZA) disclosed over the weekend that it has approved a total of P438.78 billion worth of projects...

Big time oil price rollback looms today

MANILA – Motorists are in for lower prices of petroleum products this week, after three consecutive weeks of increases.In separate advisories on Monday, SEAOIL...

Metro Cebu property stock poised to grow 47 percent over 3 years

MANILA – Office space in Metro Cebu is poised to grow by 47 percent until 2020, driven by multinational and business process outsourcing companies,...

Fish producers appeal to SEAFDEC: Harmonize R&D efforts to improve fish production

Joseph Martin “Jhong” Borromeo, president of Philippine Association of Fish Producers, Inc. (PAFPI) has appealed to SEAFDEC to harmonize its R&D efforts to be...

Panel to choose third telco on ‘committed level of service’

MANILA – The third major telecommunications player initiative has taken one step forward after a selection process has been agreed upon to determine which...

Cheaper diesel imports seen to arrive in August or September

MANILA – State-run Philippine National Oil Company-Exploration Corp. (PNOC-EC) said it is targeting to bring in lower-priced diesel from overseas sometime in August or...

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