Iran, New Zimbabwe Government Keen on Promoting Trade Ties, Investment

Iran, New Zimbabwe Government Keen on Promoting Trade Ties, Investment

Reported by HPMM Group according to FINANCIAL TRIBUNE ;Iran is keen to take advantage of the new dispensation in Zimbabwe led by President Emmerson Mnangagwa to deepen bilateral relations aimed at promoting investment, a top diplomat has said. Iran’s Ambassador to Zimbabwe Ahmad Erfanian said several private companies from Tehran were holding discussions with their […]

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World Shares Sink on US’ Latest Trade Salvo

World Shares Sink on US’ Latest Trade Salvo

The escalating tensions between US and China have sent tremors through global markets in recent days, with tech stocks across developing economies bearing the brunt of the losses Reported by HPMM Group according to FINANCIAL TRIBUNE ;World stock markets slid Friday after Beijing vowed to fight back against the Trump administration’s latest threats of yet […]

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Truck Fleet Renewal to Fast-Track Iran-Sweden Banking Relations

Truck Fleet Renewal to Fast-Track Iran-Sweden Banking Relations

Iran is seeking to develop banking relations with Sweden and eyes joint ventures in vehicle fleet renewal as a potential solution Ingves recommended that Iran increase its oversight on banks, reform the structure of its state-owned lenders and implement a managed floating foreign exchange system after unifying its current dual rate system Reported by HPMM […]

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IMF Highlights Iran’s AML/CFT Progress

IMF Highlights Iran’s AML/CFT Progress

Noting that Iranian authorities are conscious of the risks and potential implications emanating from financial crimes, IMF acknowledges the fact that they have initiated reforms to strengthen the anti-corruption and AML/CFT frameworks Reported by HPMM Group according to FINANCIAL TRIBUNE; The International Monetary Fund, in its latest assessment of Iran’s economic situation as part of […]

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Lessons to Learn From China in Supporting Domestic Production

Lessons to Learn From China in Supporting Domestic Production

The Chinese believe demand for foreign products and foreign currency are two sides of the same coin, therefore they have opted for gradually raising the value of foreign currencies instead of putting up the tariff wall Currency policy should be backed by a monetary policy that keeps the inflation rate at very low levels of […]

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Roadmap to Improve Iran’s Trading Across Borders

Roadmap to Improve Iran’s Trading Across Borders

 Reported by HPMM Group according to FINANCIAL TRIBUNE ; As part of its Doing Business project, the World Bank also monitors indices concerning trading across borders and the numbers indicate Iran is not doing well. Tehran Chamber of Commerce, Industries, Mines and Agriculture, a leading private sector bastion, has sought to improve that by providing […]

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IMF Sums Up Assessment of Iran’s Economic Status Quo

IMF Sums Up Assessment of Iran’s Economic Status Quo

Real GDP growth is expected to ease to 4% in 2018-19, as oil production stabilizes in line with Iran’s OPEC cap, and is forecast to average 4.5% over the medium-term, while Inflation is expected to be contained around 12% in 2018-19  Reported by HPMM Group according to FINANCIAL TRIBUNE ; The International Monetary Fund’s Executive […]

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TEDPIX Up 0.35 Percent

TEDPIX Up 0.35 Percent

 Reported by HPMM Group according to FINANCIAL TRIBUNE ;Tehran Stock Exchange’s main index gained 342.24 points or 0.35% to end Wednesday trade (last trading day on March 28) at 96,938.88. About 721 million shares valued at $26 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday […]

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Global Trade Surpasses World Economic Growth

Global Trade Surpasses World Economic Growth

Trade continues to grow in 2018 as the number of shipping containers processed monthly worldwide rose 1.9% on the month in January Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The volume of global trade grew faster than the world economy in 2017 for the first time in six years, as rising demand for […]

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OECD Finds No Consensus on Interim E-Commerce Taxes

OECD Finds No Consensus on Interim E-Commerce Taxes

Reported by HPMM Group according to FINANCIAL TRIBUNE ;     The Organization for Economic Cooperation and Development’s highly anticipated interim report on taxation in the digital economy, released Friday, delivered few answers, admitting a wide gulf between countries on the vexing issues of how to track and tax value in an online, cloud-based economy. The OECD […]

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