It was decided that MPs have active participation in the approval of government bills related to FATF, four of which are being reviewed in the judicial and national security commissions of the parliament Reported by HPMM Group according to FINANCIAL TRIBUNE ; Asenior lawmaker announced that a pending legislation for implementing Iran’s action plan set […]
In the past regional economies used to have surplus of more than 10% on the budget, whereas, currently, they are running a fiscal deficit of just under 10% Reported by HPMM Group according to FINANCIAL TRIBUNE ; Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices […]
Asia is in a better position to weather storms created by trade or, more important, rising interest rates in the US and Europe and even possibly Japan Reported by HPMM Group according to FINANCIAL TRIBUNE ; With threats both of trade wars and rising interest rates, how does developing Asia stand relative both to the […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Shares were mixed in Asia on Monday, with Chinese benchmarks leading decliners. The air strikes on Syria appeared to be having scant impact on trading, and oil prices fell back. Eyes were on Chinese GDP data due on Tuesday. Japan’s Nikkei 225 index gained 0.3% to […]
Non-oil exports represent only 11% of GDP, in line with other oil exporting countries, but are low compared to upper middle-income states that on average export 24.2% of GDP, reflecting the legacy of import substitution, a reliance on domestic markets and Reported by HPMM Group according to FINANCIAL TRIBUNE ; The comparatively low share of […]
With 7,500 km of railroads under construction, the declared goal is to extend the national railroad network from less than 15,000 kilometers at present to 25,000 kilometers by 2025 The share of rail cargo has increased from 8.5% to 12% in overall cargo volume from 2013 to 2017 Reported by HPMM Group according to FINANCIAL […]
This year’s Finex began in Tehran from April 16 with the goal of bolstering ties between Iran’s capital, banking and insurance markets The Central Insurance of Iran plans to issue insurance-tied bonds and link life insurance to investment funds in the current fiscal year (started March 21) Reported by HPMM Group according to FINANCIAL TRIBUNE […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s dormant bauxite project in Guinea-Conakry has recently sprung back to life, as companies operating it have announced an international tender for developing the mine and constructing a pipeline. Mines & Metals Engineering GmbH, an Iranian firm registered in Germany, announced on March 3 that it […]
At present, the two southern ports of Bushehr and Lengeh account for the largest portion of goods sent from Iran to Qatar. However, Qatari officials seek stronger ties with all the Iranian southern ports The value of trade between Iran and Qatar hit $275 million in the last fiscal year (March 2017-18), marking a 137% […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central Bank of Iran is expected to announce its regulatory framework for fintechs in the coming months and according to the regulator’s deputy for innovative technologies, European standards are being eyed as the ideal benchmark. “Implementing European regulations such as PSD2 will require legal support […]
