Iran Business Environment Improves

Iran Business Environment Improves

Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s National Business Environment Index improved slightly in the fourth quarter of the last fiscal year (Dec. 22, 2017-March 20), according to the results of a study undertaken by Iran Chamber of Commerce, Industries, Mines and Agriculture. The index stood at 5.8 points in the fourth […]

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Gov’t Weighing Impact of Forex Measures on Trade

Gov’t Weighing Impact of Forex Measures on Trade

Reported by HPMM Group according to FINANCIAL TRIBUNE ; The government is assessing the effect of unified exchange rates on the country’s exports and imports to find the best strategy for foreign trade, the head of Trade Promotion Organization of Iran told top exporters. Mojtaba Khosrotaj also referred to the government’s decision to impose an […]

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Capital, Money Markets Financing Key to Support Domestic Production

Capital, Money Markets Financing Key to Support Domestic Production

In the budget law of the current Iranian year (started March 21), more than 1,000 billion rials ($23 million) worth of incentives like subsidy on loans’ interest have been considered for exporting industries The capital market has the potential to lighten the overwhelming burden of banks to provide financing by employing huge resources from Iranian […]

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TEDPIX Ends Trade Lower

TEDPIX Ends Trade Lower

  Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Stock Exchange’s main index lost 194.67 points or 0.21% on Monday compared to the day before to end trade at 94,299.5. About 486 million shares valued at $34.52 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts […]

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Banks to Present IFRS-Based Balance Sheets by June

Banks to Present IFRS-Based Balance Sheets by June

Reported by HPMM Group according to FINANCIAL TRIBUNE ; All Iranian banks officially listed in the capital market will devise and present their balance sheets as per the International Financial Reporting Standards, according to the CEO of the state-run Export Development Bank of Iran. “Because the required infrastructures are in place, it is predicted that […]

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Iran Launches Online Forex System

Iran Launches Online Forex System

Reported by HPMM Group according to FINANCIAL TRIBUNE ; First Vice President Es’haq Jahangiri on Monday officially inaugurated the Forex Deals Integrated System, an online system designed to address the country’s currency needs and boost transparency. “This system is a new opportunity for importers to be able to get their required foreign currency easily and […]

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WB Says Will Help Nations Boost Shared Prosperity

WB Says Will Help Nations Boost Shared Prosperity

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Despite expectations that growth will be robust in the near term, developing countries face challenges to keep up the pace of progress and ensure inclusive, sustainable growth amid structural changes to the global economy. The World Bank Group is uniquely placed to address global challenges and […]

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Support Women’s Employment to Boost Long-Term Growth

Support Women’s Employment to Boost Long-Term Growth

Iran’s highly educated women represent an untapped source of growth and productivity Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran has made tremendous strides in eliminating gender gaps in education and health indicators. For about a decade now, there has been virtually no gap between male and female enrollment in primary and secondary […]

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TSE Benchmark Sheds 771 Points in Sunday Trade

TSE Benchmark Sheds 771 Points in Sunday Trade

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Tehran Stock Exchange’s main index lost 771.53 points or 0.81% on Sunday compared to the day before to end trade at 94,494.3. About 552 million shares valued at $29.35 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on […]

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Maskan Loans to Support Middle-Income Iranians

Maskan Loans to Support Middle-Income Iranians

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    As Iran’s beleaguered housing sector continues to show signs of boom after five years of stagnancy and a majority of pundits predict a rise in home prices, Bank Maskan, the nation’s agent bank for the sector, has vowed support for middle-income Iranians who represent the bulk […]

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