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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.

The main stocks gauge rose 1.10 percent, or 86.85 points, to 7,979.66 points and the Philippine peso traded between 52.18 and 52.04, bringing the average to 52.129 Friday last week. BANGKOK POST

Stocks rise, peso improves

MANILA – Both the Philippine Stock Exchange index (PSEi) and the peso ended higher Thursday as investors took note of the weak United States...
Completed Regional Evacuation Centers in Brgy. Milibili, Roxas City, Capiz. M. SEDICOL AND C. CALAPARDO

New Regional Evacuation Centers open in Panay Island

ILOILO City – Two Regional Evacuation Centers constructed by the Department of Public Works and Highways (DPWH) in Panay Island were recently inaugurated...
Avail these services either in your chosen abode, spa room or perhaps the hotel’s outdoor massage canopy for a more relaxing experience

It’s time to find wellness in City of Love

ESCAPE the stress and reconnect while away from the hustle of the urban terrain. Now is the time to pamper yourself with a loved...
An Etihad Airways Airbus plane flies over St. Moritz, Switzerland, Feb. 13, 2017. Airbus chief executive Guillaume Faury urged the European Union and United States Wednesday to reach a negotiated solution to a long-running dispute over airline subsidies and tariffs, saying there would be no winners in a trade war in the sector. RUBEN SPRICH/REUTERS

EU-US airliner war in nobody’s interests – Airbus chief

PARIS – Airbus chief executive Guillaume Faury urged the European Union (EU) and United States (US) Wednesday to reach a negotiated solution to a...
Iloilo Provincial Capitol. IAN PAUL CORDERO/PN

Expo to explore Iloilo’s innovation potential

THE ILOILO Innovation Expo, organized by Innovate Iloilo, is a coalition of 32 institutions led by the Province of Iloilo which will take place...
A man repacks sugar in packets on sale at a public market in Taguig City. REUTERS

Producers laud move to prevent sugar import liberalization

MANILA – Sugar producers, millers and manufacturers have lauded the move of sugar processors to prevent sugar import liberalization. “We welcome...
Bangko Sentral ng Pilipinas on Friday declined to comment on the arrest of former Foreign Affairs Secretary and Banco Filipino Savings and Mortgages Bank director Perfecto Yasay Jr. ABS-CBN NEWS

TDF rates decline

MANILA – Rates of the Bangko Sentral ng Pilipinas (BSP) term facilities declined across-the-board Wednesday ahead of the implementation of additional cut in banks’...
Probinsyano Ako party-list representative Jose “Bonito” Singson Jr. argues that six-month probationary period prescribed under the Labor Code is not enough to assess whether an employee is qualified for regularization, particularly in positions requiring specialized skills. AFP

Solon wants 2-year probationary period

A MEASURE has been filed at the House of Representatives seeking to extend the maximum prescribed period of probationary employment from six months to...
The Department of Public Works and Highways Iloilo 4th District Engineering Office constructed a three-storey, 12-classroom building in convergence with the Department of Education for the senior high school students of Leonora Salapantan National High School in San Miguel, Iloilo. DPWH ILOILO 4TH DEO

12-classroom building completed in San Miguel, Iloilo

ILOILO – A three-storey, 12-classroom school building was recently turned over by theDepartment of Public Works and Highways (DPWH), Iloilo 4th District Engineering Office...
International Monetary Fund (IMF) chief economist Gita Gopinath speaks during a press conference in Washington D.C., the United States, on Oct. 15. The IMF lowered its global growth forecast for 2019 to three percent in the newly-released World Economic Outlook report, down 0.2 percentage point from its estimation in July. LIU JIE/XINHUA

IMF lowers global growth forecast to 3%

WASHINGTON – The International Monetary Fund (IMF) on Tuesday lowered its global growth forecast for 2019 to three percent in the newly-released World Economic...

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