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 […]
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 […]
