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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.

Newly concreted 2-kilometer road in Brgy. San Jose, Binalbagan, Negros Occidental. Photo courtesy of DPWH, Negros Occidental 2nd DEO

2-kilometer road paved in Binalbagan, Negros Occidental

ILOILO City – The concrete paving of 2.175 kilometers along Binalbagan-Isabela Road in Brgy. San Jose, Binalbagan, Negros Occidental was completed by the Department...
National Economic and Development Authority (NEDA) director-general Ernesto Pernia

Public Service Act amendment to boost competitiveness in PH market – NEDA

THE proposed amendments to the Public Services Act are seen to foster a healthier competition in the Philippine market as it eases foreign ownership...

PMAP issues statement on ABS-CBN’s franchise renewal, job security of workers

THE People Management Association of the Philippines (PMAP) issued a press statement on ABS-CBN’s franchise renewal and job security of its workers.
According to the federation’s study, the average retail price of regular milled rice (RMR) declined by P2.61 per kilo in 2019 from 2018, while the price for well-milled rice (WMR) went down by P1.99 per kilo. If the decline per kilogram of prices of RMR and WMR will be multiplied by rice consumption volume of 9.466 million metric tons, it will result in P34.16 billion savings or gains for rice consumers. MSN

Farmers lost billions in 2019 – study

THE Federation of Free Farmers (FFF) claimed that rice farmers lost a total of P68.18 billion in 2019, double than what consumers saved due...
The provincial government of Negros Occidental taps the expertise of a homegrown farmer to develop a local beef brand and position the province as the cattle production center in the Visayas. PNA BACOLOD

Negros Occ. seeks cattle industry growth, taps expert

BACOLOD City – The Negros Occidental provincial government has tapped the expertise of a homegrown farmer to develop a local beef brand and position the province...
The Office of the Provincial Agriculturist of Aklan urges farmers to use Integrated Pest Management strategies, which include both chemical and cultural approaches, to counter the attacks of Fall Armyworm especially on corn crops in the province. PNA

Corn crops infestation observed in 8 Aklan municipalities

KALIBO, Aklan – Corn crops infestation has been observed in eight municipalities of the province, an Aklan agriculturist reported. Assistant provincial...
The local currency ended the day at 52.105 from 52.05 Friday last week. All Shares slipped by 0.25 percent, or 11.89 points, to 4,797.59 points. Financials posted the highest drop with 1.62 percent, which was trailed by the Industrial, 0.84 percent; Services, 0.61 percent; Holding Firms, 0.53 percent; and Property, 0.17 percent. BANGKOK POST

Stocks mount anew, peso moves sideways

MANILA – The Philippine Stock Exchange index (PSEi) rose for the second consecutive day on Thursday while the peso ended the day sideways...
The budget department cites President Rodrigo Duterte’s budget affirmation message which said, “increased and new budgetary items shall be subject to the National Government’s cash programming and prudent observance of responsible fiscal management.” ABS-CBN

Congress hikes allocations, presents new items in 2020 budget – DBM

THE Department of Budget and Management (DBM) on Thursday confirmed that Congress introduced new items as well as increases in allocations proposed by the...
Sotogrande Iloilo offers travelers wide open spaces, lush greenery, picturesque views, and a stunning man-made lake.

Iloilo escapade made more fun and exciting at Sotogrande

YOU might still be feeling the chills of the cold months but it won’t be long before the country starts to see temperatures rising...

Lumina recognized as ‘Top 1 Developer’ by Pag-IBIG Fund

IN A country where real estate has been booming for the last decade, particularly in the luxury residential and commercial segments, one company is...

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