Philippine Amusement and Gaming Corporation chairman and CEO Alejandro H. Tengco delivers his keynote address during The Regulators Forum at the Hilton Ballroom of Newport World Resorts in Pasay City on September 17, 2026, where he underscored the need for the country’s gaming regulatory framework to evolve alongside the industry.

PAGCOR chief says evolution of regulatory framework inevitable

Business Panay News -
PHILIPPINE Amusement and Gaming Corporation (PAGCOR) chairman and chief executive officer Alejandro H. Tengco said that the agency’s regulatory framework must continue to evolve...
President Ferdinand R. Marcos Jr. (center), accompanied by Department of Science and Technology Secretary Renato U. Solidum Jr., inspects the facilities of Nutridense Food Manufacturing Corporation, a government-assisted private company that grew from a micro, small, and medium enterprise into a model of technology-driven food manufacturing in Pangasinan, on Sept. 17, 2026. PRESIDENTIAL COMMUNICATIONS OFFICE PHOTO

Marcos eyes expanding healthy snack processing plant operations in PH

Business Panay News -
PRESIDENT Ferdinand Marcos Jr. on Thursday, September 17, said the government is looking to expand the operations of a food processing plant, which produces...
A motorist refuels at a gas station in Paco, Manila. Diesel prices are expected to rise by up to P10.50 per liter next week. PNA PHOTO BY YANCY LIM

Diesel seen up by as much as P10.50 per liter next week

Business Panay News -
MOTORISTS need to tighten their belts as local oil firms plan to impose massive oil price hikes of up to P10.50 per liter next...
A street vendor with a motorcycle-mounted cart sells freshly baked pandesal for P5 apiece along GMA Network Drive in Quezon City. The Department of Finance has proposed tax hikes as part of the government’s measures to offset revenue losses from the proposed tax relief package, which seeks to raise income tax thresholds and provide exemptions for micro and small businesses. PNA PHOTO BY ROBERT OSWALD P. ALFILER

Excise tax hikes seen to push 2027 inflation to 4.5%

Business Panay News -
AN INCREASE in excise tax on sweetened beverages, alcohol and tobacco could push inflation to as high as 4.5 percent in 2027, adding to...
From left: Justin Patacsil of GIGIL Advertising Group; Nolgie Antonio, IMC Manager; Sadhana Martinez, Product Specialist for ProtekTODO; Alyssa Chua, Brand Manager for PalawanPay; and Jose Rafael Tabinga, Brand Manager for Remittance.

Palawan Group Earns Gold Honor for Expanding Financial Inclusion Across the Philippines

Business Panay News -
The Palawan Group of Companies brought home two Gold awards at the MARKETECH APAC NEXT Awards Philippines 2026, recognizing campaigns that tackled different financial...

PAGCOR chief says evolution of regulatory framework inevitable

Business Panay News -
Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco today said that the agency’s regulatory framework must continue to evolve amid...
The Negros Occidental provincial government-owned and managed Mambukal Resort & Wildlife Sanctuary in Murcia town is one of the province’s primary destinations. PHOTO COURTESY OF MAMBUKAL RESORT & WILDLIFE SANCTUARY

NegOcc summit seeks closer collab among tourism stakeholders

Business Panay News -
TOURISM and cultural workers in Negros Occidental are urged to strengthen destinations amid the rapidly evolving tourism landscape and the rise of technology and...
The Philippines’ economic team is looking to hike the sweetened beverage tax rate to P12 per liter this year. INQUIRER.NET STOCK PHOTO

Excise tax hikes seen to push 2027 inflation to 4.5%

Business Panay News -
AN INCREASE in excise tax on sweetened beverages, alcohol and tobacco could push inflation to as high as 4.5 percent in 2027, adding to...
A shopper checks out essential household items and grocery staples at SM Supermarket. The Department of Finance had suggested increasing the tax on sugary drinks with caloric or noncaloric sweeteners to P20 per liter and charge P40 per liter for beverages containing high-fructose syrups. SM MARKETS/FACEBOOK PHOTO

DOH backs tax hike on sweet drinks

Business Panay News -
THE DEPARTMENT of Health (DOH) at a congressional hearing on Monday, September 14, backed a proposal to raise taxes on sugary drinks. Health Assistant Secretary...
The United States had the highest share of overall remittances from overseas Filipinos in February 2024. PHOTO COURTESY OF GMA NEWS ONLINE

Remittances from overseas Filipinos hit 7-month high

Business Panay News -
MONEY sent home by overseas Filipinos recorded a seven-month high, reaching USD3.24 billion in July, the Bangko Sentral ng Pilipinas (BSP) said. Data released by...
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