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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.

People transact at a bank’s automated teller machine terminal on Solis Street, Iloilo City. A panel of House lawmakers have approved House Bill 7619 or the “Bank Account Portability for Workers Act,” which allows private sector employees to choose the bank account where their wages may be deposited. PN FILE PHOTO

Goal to have 70% of adult Filipinos with bank accounts doable

MANILA – Doing financial transactions amid the pandemic-related movement restrictions boosts opportunities for the central bank to hit its 70-percent target in the number...
A New Island Experience

A Tropical Oasis on “The Other Side” of Boracay

There’s magic in Boracay that keeps travelers coming back for more. The question is: Have we seen all it has to offer or could...

Investing in BTR’s Retail Dollar Bonds made easier via LANDBANK channels

THE Land Bank of the Philippines (LANDBANK) presents more convenient investment channels for the public to participate in the Bureau of the Treasury’s (BTr)...
Photo courtesy of Manila Bulletin

Bill amending Foreign Investment Act gets Senate’s final nod

MANILA – The Senate on Tuesday approved on third and final reading the bill amending the Foreign Investment Act (FIA). Voting 21-0-0, the chamber unanimously...

HOME AT KULTURA

Handcrafted baskets by the local artisans of Bicol and La Union…  elegant dinnerware by the master wood workers of Pampanga…  and exquisite nito baskets...
This farmer harvests rice crops under the blazing heat of the sun in Barangay Bita Sur, Oton, Iloilo. DA secretary William Dar says next year’s cash aid to rice farmers will depend on the excess tariff collected from the Rice Tarrification Law. PANAY NEWS

DA seeks more funds after 2022 budget cut to P91B

MANILA – The Department of Agriculture (DA) is seeking more funds after its proposed budget for 2022 was cut to P91 billion from P231...
Since the coronavirus disease 2019 outbreak, the majority of the businesses in the country have implemented work-from-home setups. According to a cybersecurity firm, attacks on work-from-home computers nearly doubled in the country’s first six months of the year. In the first half of 2021, Kaspersky recorded 4.877 million attempted attacks, an increase of 98.41 percent from 2.458 million in 2020. ABS-CBN NEWS

Nearly 5M attacks logged vs PH work-from-home computers in H1

MANILA – Attacks on work from home computers in the Philippines nearly doubled in the first six months of 2021 and are unlikely to...
Workers wearing protective masks wait for shuttle services in Manila, Philippines. According to the Department of Labor and Employment, all employers are required to release their workers’ 13th month pay on or before Dec. 24. CNS PHOTO/ELOISA LOPEZ, REUTERS

Displaced workers urged to tap DTI livelihood programs

MANILA – The Department of Trade and Industry (DTI) is ready to help Filipinos that lost their jobs amid the pandemic through its agencies’...
Representatives of the Pangabu-an Kabuhayan Food Processing Association receive the equipment for the meat and boneless bangus processing project, which is expected to provide additional income to the farmers in Jamindan, Capiz. DOLE

Capiz farmers receive P500-K livelihood aid

ILOILO – The Department of Labor and Employment in Region 6 (DOLE-6) recently released P500,000 worth of raw materials and equipment for the Meat...

Virtual European Higher Education Fair 2021 offers Filipino Youth the Chance to Go Higher

Even in the midst of the COVID-19 pandemic, the quest for learning and the pursue of higher education continues.  Together with the EU Member States’...