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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.

Puregold's Pusong Panalo Program will expand its support to more rural schools in 2025, demonstrating the company's commitment to social responsibility and community development.

Puregold to Empower More Schools through Pusong Panalo Program 2025 Initiatives

Puregold will continue to fulfill its commitment to elevating education, promoting sustainable development, and empowering rural communities this 2025 through its Pusong Panalo Program. Following...
Rice varieties sell between P46 and P57 per kilogram at a retail store in Pavia, Iloilo on Feb. 4, 2025. AJ PALCULLO/PN

Inflation steady at 2.9% in January

HEADLINE inflation settled at 2.9 percent in January, unchanged from December 2024 as lower rice prices helped offset the increase in other food items. In...
The Bangko Sentral ng Pilipinas is still pushing for free or zero transfer fees for digital bank transactions. PHOTO COURTESY OF FINTECH NEWS PHILIPPINES

BSP mulls OTP removal, zero transfer fee

THE Bangko Sentral ng Pilipinas (BSP) is considering the removal of one-time password (OTP) for digital bank transactions, an official said. BSP Deputy Governor Elmore...
Photo by Priscilla Du Preez 🇨🇦 on Unsplash

E-business one-stop shops eyed for a hundred more LGUs in 2025

THE head of the government’s anti-red tape body said they are targeting to have a hundred local government units (LGUs) establish their own fully-functional...
LUMAGUI. PNA FILE PHOTO

BIR: Collections from e-payments exceed P2-T

MORE taxpayers are now using the Bureau of Internal Revenue's (BIR) e-services as e-payment collections reached more than P2 trillion last year. Data released by...
The Department of Trade and Industry will release a new suggested retail price guide showing the price increase for several brands of sardines, canned meat, evaporated milk, Pinoy tasty and Pinoy pandesal. PHOTO COURTESY OF PNA

DTI to release new SRP guide for 62 items

A NEW suggested retail price (SRP) guide will be released this week following the price increase of over 60 shelf-keeping units (SKUs), or items...
The Philippine Parts Makers Association says the government could provide tax perks for vehicle assemblers that will comply with the minimum requirement for local sourcing to boost the production of auto parts makers. PNA FILE PHOTO

Parts makers bat for mandatory 30% local content for PH-made vehicles

LOCAL manufacturers of automotive parts are proposing a 30-percent mandatory domestic sourcing for vehicles assembled in the country. Philippine Parts Makers Association (PPMA) president Ferdi...
Pakistan has expressed its interest in forging a partnership with the Philippines on rice importation. INQUIRER PHOTO/GRIG C. MONTEGRANDE

DA to implement P55/kilo MSRP for imported rice starting today

THE Department of Agriculture (DA) announced yesterday it will further slash the maximum suggested retail price (MSRP) for 5 percent broken imported rice to...
The Bureau of the Treasury says the state borrowed P171.09 billion onshore through its regular sale of debt securities such as Treasury bonds and Treasury bills in November 2023. PHOTO COURTESY OF INQUIRER.NET

Government debt slightly down in December

THE national government's (NG) total outstanding debt amounted to P16.05 trillion in December last year down by 0.24 percent from the P16.09 trillion in...
Photo courtesy of the Department of Tourism - Philippines

Korean-speaking agents join DOT tourist hotline

TOURISTS can access support from Korean-speaking agents beginning this month through the Department of Tourism's (DOT) expanded Tourist Assistance Call Center (TACC). The DOT said...