Group warns consumers vs stockpiling of medicines, vitamins

Business Panay News -
MANILA – A consumer advocacy group has called on consumers not to stockpile medicines and vitamins amid the coronavirus pandemic. In a statement Monday, Laban Konsyumer Inc. (LKI)...
Under the Price Act, Agriculture sec. William Dar is tasking all concerned officials and staff to regularly monitor the food supply and price situation, particularly of poultry, fish and vegetables, as great discrepancies have been observed between farmgate and market retail prices, well-surpassing acceptable levels. BLOOMBERG

DA expands price freeze coverage in markets nationwide

Business Panay News -
ILOILO City - The Department of Agriculture (DA) on Monday issued a memorandum circular expanding the coverage of the price freeze policy that includes enforcement of...
Barely two weeks since the start of Kadiwa markets in the cities of Bacolod and Iloilo, local farmers have already generated a total sale of P1,514,728.78. PHOTO BY JVDEGUZMAN, DA-RAFIS 6

Kadiwa markets in WV generate P1.5-M income

Business Panay News -
ILOILO City - Barely two weeks since the inception of Kadiwa markets in the cities of Bacolod and Iloilo, local farmers have already generated...

Who is middle class? Here’s the classification from Philippine gov’t think tank

Business Panay News -
AMID the enhanced community quarantine aimed at controlling the spread of the coronavirus disease 2019 (COVID-19), the government has been urged to provide assistance to the middle...
Since the start of 2020, the PSEi hovers between 7,600 to 7,800 points. Further, buying volume was relatively light throughout the first two weeks of the year, despite a strong peso and a few positive economic news. ABS-CBN NEWS

PSEi rebounds on market optimism

Business Panay News -
SHARE prices on the Philippine Stock Exchange (PSE) surged by nearly 2 percent on Monday, buoyed by optimism from announcements made by the US Federal Reserve. The...
Frontline health personnel from the NKTI TRIAGE attend to patients coming into the hospital for treatment. ABS-CBN

POEA: Health workers’ right to travel ‘takes backseat’ to COVID-19 emergency

Business Panay News -
The right to travel “takes a backseat” to public welfare during the COVID-19 pandemic, the government agency that suspended the overseas deployment of health workers said...

San Miguel boss Ramon Ang’s son Jomar dies

Business Panay News -
RAMON Ang on Monday said his son Jomar died last April 11.  A private service was held April 12 on Easter Sunday, the San Miguel Corp president...
The Philippine capital market is seen to make a strong recovery from the current conditions brought about by the coronavirus disease 2019 (COVID-19), as the Securities and Exchange Commission (SEC) said companies continue to receive strong support from the investing public. GMA

SEC: Philippine capital market to make strong recovery from COVID-19

Corporate Panay News -
THE Philippine capital market is seen to make a strong recovery from the current conditions brought about by the coronavirus disease 2019 (COVID-19), as the Securities...
The Philippines’ business process outsourcing industry may stand to benefit from the “next wave” of outsourcing as companies around the world cut costs due to the COVID-19 pandemic, an industry expert said on Sunday. The Philippines’ business process outsourcing industry may stand to benefit from the “next wave” of outsourcing as companies around the world cut costs due to the COVID-19 pandemic, an industry expert said on Sunday. ABS-CBN

Philippine BPO seen benefitting as firms abroad cut costs due to pandemic

Corporate Panay News -
MANILA - The Philippines’ business process outsourcing industry may stand to benefit from the “next wave” of outsourcing as companies around the world cut costs due...
Health care workers take a break from work at a hospital in Barcelona on Mar. 24, 2020. Chinese customs officials, facing accusations from Europe that some medical supplies have been defective, have begun inspecting every shipment of medical supplies for quality issues before export. THE NEW YORK TIMES

China delays mask, ventilator exports after quality complaints

Corporate Panay News -
BEIJING - Chinese officials have begun inspecting every shipment of N95 respirators, ventilators and other medical supplies for quality issues before export, a policy likely to delay...
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