At present, a train traveling from Western Europe to Iran will take at least 10 days Reported by HPMM Group according to FINANCIAL TRIBUNE ; Despite Iran’s strategic ambitions, routing for freight trains along its emerging transport corridors still faces a host of infrastructural and political challenges. Railroad systems are not homogenous along the route […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The eurozone’s economy needs strong global growth and open trade if it is to continue to prosper, the European Central Bank’s President Mario Draghi said on Friday. “The positive developments in euroland are not independent of the global growth momentum,” Draghi told central bank governors and […]
The Iranian economy is expected to maintain a steady growth of slightly over 4%, increasingly based on non-oil sectors and fueled by a recovery in consumption and investment demand and overtaking the contribution of net exports In the medium term, inflationary pressures are likely to increase due to widening output gap and further currency depreciation, […]
Sweden’s ambassador to Iran accompanied a business delegation to Tehran Chamber of Commerce on Wednesday and discussed banking ties and issues of mutual interest As free market rules apply in Sweden, commercial banks are private financial institutions that cannot be legally obligated by the government and the central bank to work with the banks […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s banking system is now preparing a new credit card scheme for supporting locally produced goods, following a previous plan that failed to take off. “In the meetings that we had with state-owned and private banks for supporting Iranian products, it was decreed that banks consider […]
TSE’s main index shed 766 points or 0.8% to close the month at 95,524, as Iran Fara Bourse’s benchmark dropped 32.85 points or 2.99% to 1,063.8 Things are expected to change for the better in the year’s second month, Ordibehesht (April 21-May 21), as new corporate performance reports will be published and the new USD […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Lawmakers have revised regulations for the ownership of non-governmental banks and credit institutions, which will remove ambiguities surrounding the ownership of these entities in the past. According to ICANA, the official news agency of the Iranian Parliament, privatized banks and credit institutions henceforth can only be […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Global stock markets followed Wall Street higher Wednesday despite a Chinese tariff hike on US sorghum in a swelling trade dispute with Washington. In early trading, London’s FTSE 100 rose 0.7% to 7,278.02 and France’s CAC 40 added 0.5% to 5,379.95. German’s DAX advanced 0.3% to […]
Governments will have to start adjusting tax rates according to a company’s environmental stewardship or the size of its workforce. One idea is to tax robots and related technologies to compensate for the drift of economic rewards away from labor Reported by HPMM Group according to FINANCIAL TRIBUNE ; Before the threat of a US-China […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iranian and Vietnamese firms discussed trade opportunities at the Vietnam-Iran Business Forum held on Monday. The forum was organized to mark the visit to Vietnam of Iran’s Parliament Speaker Ali Larijani, Vietnam News reported on Tuesday. Speaking at the forum, Doan Duy Khuong, vice chairman of […]
