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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.

NFA’s cheap, imported rice stuck in Manila, Subic ports

MANILA – The supply of rice imported by the National Food Authority (NFA) has been stalled in the ports of Manila and Subic, Zambales...

Food prices reaching new highs, says Iloilo vendors

ILOILO City – With the implementation of the TRAIN (Tax Reform for Acceleration and Inclusion) law and the current rise in inflation, various food...

Drainage structure constructed along Bacolod City major road

EQUIPMENT undertaking the excavation along Lacson Street in Bacolod City, Negros Occidental as part of the construction of drainage system.The whole drainage project, implemented...

DOT-6 wants cruise tour circuits to be ready

“HOW ready are your tourism attractions and services?”, this is the challenge of the Department of Tourism Region 6 regional director Atty. Helen J....

Terminal fee rising for int’l flights in new Cebu airport

LAPU-LAPU City – Passengers must expect a higher additional terminal fee for international flights, as the Terminal 2 of the Mactan-Cebu International Airport (MCIA)...

DOF to review common carriers tax

MANILA – The Department of Finance (DOF) plans to review current revenue regulations covering the common carriers tax to ensure a level playing field...

Consumer confidence more upbeat in Q2 – BSP survey

MANILA – Consumer confidence turned more upbeat in the second quarter of 2018, supported by expectations of improving economic conditions amid rising commodity prices,...

Gov’t employees among the ‘happiest’ at work – Jobstreet

MANILA – Government workers are among the "happiest" types of employees, alongside those in the hospitality and restaurant sectors, recruitment portal Jobstreet said recently.Asked...

Gov’t economic managers not keen on lowering VAT

MANILA – Budget Secretary Benjamin Diokno is not keen on heeding calls for lowering the value-added tax (VAT) rate, as such proposals must only...

‘Price-fixing whistleblowers may be granted immunity’

Whistleblowers who will report price-fixing, cartels, bid rigging and other anti-competitive behavior may be granted immunity or reduced penalties under the Philippine Competition Commission’s...

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