The economic reopening and the new jobs generated by the business process outsourcing gave office demand a boost in the first quarter of 2023. ABS-CBN NEWS PHOTO

Germany soon to recruit skilled Filipino workers – DMW

Business Panay News -
GERMANY expressed interest in hiring skilled workers from the Philippines after the official visit of German Foreign Minister Annalena Baerbock to Manila last week,...
Iloilo City has established itself as a haven of gastronomic delights after its entry to the UNESCO Creative Cities Network, with Megaworld Lifestyle Malls’ Festive Walk mall providing much of the must-taste dining destinations in the city. This year's Dinagyang Festival is bound to be an appetizing journey inside Megaworld's premier township in the region.

CULINARY CRAWL: Find the best eats this Dinagyang at Festive Walk Iloilo

Business Panay News -
BY PEARL SOCIAS ILOILO City – This Dinagyang Festival, get ready to savor the essence of Iloilo through an enticing array of dishes at Festive...
Former Batangas Representative Ralph Recto takes his oath as the new secretary of the Department of Finance on Friday, Jan. 12. SENATE HANDOUT PHOTO/FILE PHOTO

Recto assumes Finance chief post

Business Panay News -
RALPH Recto has formally assumed the post of Secretary of Finance, President Ferdinand Marcos Jr. confirmed on Friday, Jan. 12, as he introduced the...
The Siquijor native cattle were found to have good qualities of a dairy cattle. PHILIPPINE GENOME CENTER PHOTO

PH taps IP farms to boost dairy output

Business Panay News -
THE National Dairy Authority (NDA) has partnered with the National Commission on Indigenous Peoples (NCIP) to build stock farms as it aims to increase...
For five consecutive years, Japan and Singapore have held the top spot of the most powerful passports list, while the Philippines has been steadily rising since 2021. PHOTO BY ERICA POYAUAN ON UNSPLASH

PH ranks 73rd in most powerful passports in 2024 list

Business Panay News -
IN 2023, the Philippines held visa-free access to 66 out of 227 destinations, one less than its previous standing of 67. As we enter...
Photo courtesy of NEA

Loans to electric coops exceed P1B in 2023 – NEA

Business Panay News -
THE National Electrification Administration (NEA) disbursed over a billion pesos worth of loans to electric cooperatives last year. Citing report of its Accounts Management and...
Trade Secretary Alfredo Pascual (4th from right, facing camera) leads the Joint Philippines-Indonesia Roundtable Meeting at the Manila Peninsula in Makati City on Wednesday, Jan. 10. The Indonesian business representatives are part of the delegation of Indonesian President Joko Widodo in his official visit to the country. DTI PHOTO

PH pitches mineral processing, halal to visiting Indonesian biz

Business Panay News -
DEPARTMENT of Trade and Industry (DTI) secretary Alfredo Pascual has pitched mineral processing, halal, and creative industries as sectors where the Philippines and Indonesia...
For five consecutive years, Japan and Singapore have held the top spot of the most powerful passports list, while the Philippines has been steadily rising since 2021. PHOTO BY ERICA POYAUAN ON UNSPLASH

PH ranks 73rd in most powerful passports in 2024 list

Business Panay News -
IN 2023, the Philippines held visa-free access to 66 out of 227 destinations, one less than its previous standing of 67. As we enter...
There could be a slight pickup in the unemployment rate after the seasonal increase for temporary employment opportunities during the holiday spending rush. Photo shows the busy street of Ayala Avenue in Makati City. CONTRIBUTED PHOTO

Global unemployment set to worsen in 2024 – UN

Business Panay News -
THE global unemployment rate will increase slightly in 2024, the United Nations (UN) said Wednesday, Jan. 10, as it raised concerns about stagnant productivity,...
The Bureau of Internal Revenue has announced that online merchants with yearly gross remittances under P500,000 or cumulative gross remittances below this limit are exempted from the one percent withholding tax. PHOTO COURTESY OF MEDIUM.COM

Withholding tax on online sellers not a new tax – BIR

Business Panay News -
THE one percent withholding tax on online sellers is not a new tax and not all sellers will be affected by the measure, the...
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