Value-added tax revenue grew by 80% in the period March 21 to August 22, 2014 compared to the same period last year, contributing to 95% of Tax Affairs Organization’s budget.
However,…
Economy
Economy
A day after the central bank released an inflation report, Statistical Center of Iran released its own report on the issue.
According to SCI report, inflation rate for the 12 months ending…
Economy
Iran and Zimbabwe plan to intensify cooperation and exchange expertise in small and medium industries sector. Iran, for its part, will construct industrial parks in the African country, the head…
Economy
There are currently 1,500 oil companies in southern port city of Asaluyeh, while, about 1,200 of the educated indigenous inhabitants are currently unemployed, deputy chairman of the local council…
Economy
Bond futures are instruments to provide more liquidity and reduce risks in the capital market, said a brokerage firm at stock exchange.
The bond futures not only provide more liquidity,…
Economy
Stocks’ midday rallies in Tehran Stock Exchange reversed down due to the ambiguity over the outcome of the nuclear talks between Iran and the P5+1.
In a seesaw trading day, the TSE…
Economy
Leading European and Japanese companies are back to negotiate purchasing Iran’s petrochemicals as western sanctions over Tehran’s nuclear program are loosening, Mahdi Sharifi, managing director of…
Economy
The National Iranian Copper Company offered 4,000 tons of copper cathodes priced at 209,861 rials ($7.89) per kilogram at Iran Mercantile Exchange (IME) on Sunday. The company also offered 3,500…
Economy
South-east Asia’s economy is set to overtake Japan’s by 2025, according to new projections from Singapore’s United Overseas Bank (UOB).
Economy
A trade expert in the petrochemical industry has named three main challenges businesses in Iran’s petrochemical sector face when doing trade, these include: hurdles in transferring money abroad,…
Economy
The rial on the first working day of the week (Saturday) lost slightly more than 1% of its value against the US dollar, as the latest round of nuclear talks between Iran and the P5+1 group came to…
Economy
A European Union court has ruled western sanctions against Iran’s Bank Sina to be illegal, according to the Bank’s CEO. Although the EU High Court ruled in favor of the bank, the company’s head…
Economy
The Swiss Foreign Minister has been quoted as saying his country would likely boost trade transaction with the Islamic Republic of Iran if the sanctions against the country are lifted. …
Economy
In a visit to Hormozgan Province, African diplomats named Iran as “the best and the most reliable route to transit grains from Central Asia to East Africa”, IRNA reported on Friday.
Economy
In our Saturday issue (Sept. 27, No. 18) we carried a piece ‘Gov’t Economic Roadmap - Will it Help End the Recession’. This is a follow-up to that article.
Economy
The National Water and Wastewater Engineering Co. in cooperation with the Energy Ministry is preparing to exclude potable water from non-potable water across the country, news reports said. A…
Economy
Iran Mercantile Exchange has allowed the trade of scrap metals after officially registering scrap from Iran Railways Company.
Iran annually produces 2 million tons of scrap metal, while…
Economy
Stocks slipped on the week’s first trading day as the TSE’s gauge shifted its 8 days ongoing consecutive uptrend to a downward trend.
Economy
The Price Earning (P/E) ratio in the stock market has dropped to a historic low at 5.43, prompting investors to snap up the opportunity and shore up their portfolios, an analyst said.
Economy
The government has said it plans to place 400,000 electric motorcycles and 140,000 hybrid taxi cabs on the market as part of a plan backed by the oil ministry to help protect the environment, said…
Economy
In a meeting this week in Putrajaya, the Malaysian de facto capital, the Iranian deputy-minister of welfare, labor and cooperatives agreed with Malaysian officials to expand bilateral…
Economy
The recent news from the Central Bank of Iran to oblige charging of transaction fees from 1,000 to 1,500 rials per transaction (pending Money and Credit Council final approval) on ‘Point-of-…
Economy
Iranian insurers have proved that they can thrive, or at least survive, with limited access to the global reinsurance markets, according to the report released by Business Monitor International on…
Economy
The average capital increase of all listed firms on the Tehran Stock Exchange is close to 100 percent, SENA reported. The entire licenses were offered to increase the capital in the first six…
Economy
Some 338,000 tons of commodities worth over 6.6 trillion rials ($2.48 billion) were traded at Iran Mercantile Exchange during the week ending September 25. In the industrial and mineral products…
Economy
