Second floodgate installed in Panama Canal expansion project

January 4, 2015 6:37 am· Comments Off on Second floodgate installed in Panama Canal expansion project 

PANAMA CITY, Jan. 3 — Workers Friday installed the second floodgate as part of the ongoing expansion of the Panama Canal.

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Amid falling crude prices, U.S. producers urge export freedom

January 4, 2015 6:37 am· Comments Off on Amid falling crude prices, U.S. producers urge export freedom 

HOUSTON, Jan. 3 — Texans, like much of the U.S. population, are seeing a steep, sustained drop in oil prices at the pump, the lowest since the years between 1986 and 1999, when plummeting crude oil costs caused profound political consequences for oil-dependent states — and those who depended on them — around the world.

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Mindanao solon pushes for new life to country's mining industry

January 4, 2015 6:37 am· Comments Off on Mindanao solon pushes for new life to country's mining industry 

By Sammy F. Martin

MANILA, Jan. 3 (PNA) — The country should not contend itself as a mere exporter of raw materials, instead it should establish and develop its own processing plants that use new technologies in manufacturing mineral ores, a Mindanao lawmaker said.

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China to take paced monetary easing: Barclays economist

January 4, 2015 6:37 am· Comments Off on China to take paced monetary easing: Barclays economist 

BEIJING, Jan. 3 — Lowering financing costs remains a policy priority for china in 2015 given the likely limited effects on lending rates from the benchmark interest rate cut on Nov. 21, said Chang Jian, Barclays Chief china Economist.

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Interview: Expert optimistic on Spanish economy in 2015

January 4, 2015 6:37 am· Comments Off on Interview: Expert optimistic on Spanish economy in 2015 

BARCELONA, Spain, Jan. 3 — Antonio Argandona, Professor of economics at IESE Business School, expected the year 2015 will be a "satisfactory" year for Spain's economy.

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Dropping oil prices affecting int'l gas market: GECF

January 4, 2015 6:37 am· Comments Off on Dropping oil prices affecting int'l gas market: GECF 

TEHRAN, Jan. 3 — Secretary General of the Gas Exporting Countries Forum (GECF) Mohammad Hossein Adeli said the dropping oil prices are leaving impact on the world gas market as well.

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2015, year of economic boom for Iran: IMF

January 4, 2015 6:37 am· Comments Off on 2015, year of economic boom for Iran: IMF 

TEHRAN, Jan. 3 — International Monetary Fund has predicted a prosperous economic year for Iran in 2015.In its latest report, the organization has outlined the perspective for the Iranian economy in 2015, predicting seven improving infrastructure indicators for the country.

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Huawei's sales revenue to hit USD 46 B in 2014

January 4, 2015 6:37 am· Comments Off on Huawei's sales revenue to hit USD 46 B in 2014 

SHENZHEN, Jan. 3 — The sales revenue of China-based telecommunications giant Huawei Technologies Co. Ltd. is projected to reach USD 46 billion in 2014, up 15 percent from the previous year, according to its rotating CEO Hu Houkun.

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Pangasinan fish farmers urged to unite

January 4, 2015 6:33 am· Comments Off on Pangasinan fish farmers urged to unite 

DAGUPAN CITY, Jan. 3 — There should be more unity and cooperation among all stakeholders in the fishery industry this year in a bid to put up a common front against the challenges posed by the ASEAN (Association of Southeast Asian Nations (ASEAN) economic integration that already started this 2015.

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New DSWD-built water system pumps music into Catanduanes villagers’ hearts

January 4, 2015 6:33 am· Comments Off on New DSWD-built water system pumps music into Catanduanes villagers’ hearts 

LEGAZPI CITY, Dec. 3 — Retired teacher Flordeliz Olesco, 67, could not help writing a song as a way to show her gratitude when her community finally got a water system through the Kapit-Bisig Laban sa Kahirapan-Comprehensive and Integrated Delivery of Social Services (Kalahi-CIDSS), one of the programs of the Department of Social Welfare and Development (DSWD).

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