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Iranian Ports’ Throughput Down 9.2%

EghtesadOnline: Around 61.7 million tons of goods were loaded and unloaded in Iranian ports from March 21 to Sept. 4, registering a decline of 9.2% compared with last year’s corresponding period, managing director of Ports and Maritime Organization of Iran, Mohammad Rastad, said.
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Publish Date: 10/September/2018 | 05:54

Bank Debts Behind Monetary Base Growth

EghtesadOnline: A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that rising liabilities of the banking system to the central bank has been the main reason behind a surging monetary base.
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Publish Date: 10/September/2018 | 05:54

Iran: Customs Clearance Process Back to Normal

EghtesadOnline: Customs clearance process for imports is back to normal following the announcement that 3,479 items have become exempt from exchange rate difference surcharge, the head of the Islamic Republic of Iran Customs Administration said.
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Publish Date: 10/September/2018 | 05:51

Shalamcheh Border Closure Denied

EghtesadOnline: Shalamcheh border crossing, which connects Iran’s southwestern Khuzestan Province to Basra in Iraq, is open and operating normally, Iranian and Iraqi officials said in reaction to reports claiming that the border crossing was closed following the recent unrest in Basra.
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Publish Date: 10/September/2018 | 05:44

Strong Iranian Presence in Damascus Int’l Fair

EghtesadOnline: The 60th Damascus International Fair opened in the Syrian capital on Thursday after a five-year hiatus with the presence of 54 Iranian companies, Iran’s ambassador to Syria said.
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Publish Date: 10/September/2018 | 05:43

Iran’s Total-Factor Productivity Near Zero

EghtesadOnline: Iran’s annual total-factor productivity index during the fiscal 2005-6 to 2016-17 hovered around zero, suggesting the neutral role played by productivity in the country’s economic growth.
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Publish Date: 10/September/2018 | 05:38

More Afghans Return Home Amid Economic Hardship in Iran

EghtesadOnline: More than 225,000 Afghans have been voluntarily or legally repatriated from Iran in the past nine months through Islam Qala crossing into Afghanistan, an Afghan official said on Saturday.
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Publish Date: 10/September/2018 | 05:32

Iran Gov't Plan to Ease Home Loan Rules

EghtesadOnline: As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to at least partially offset the declining public purchasing power in the housing market.
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Publish Date: 10/September/2018 | 05:26

Jump in Commerce With Georgia

EghtesadOnline: Iran traded 185,352 tons of non-oil commodities worth $69.05 million with Georgia during the first four months of the current fiscal year (March 21-July 22).
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Publish Date: 05/September/2018 | 05:32

Peanuts Imported From Five Countries

EghtesadOnline: More than 4,124 tons of peanuts worth $5.43 million were imported into Iran from five countries during the first four months of the current Iranian year (March 21-July 22), the latest figures released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 05/September/2018 | 05:31

Iran - List of Subsidized Imports Gets Longer

EghtesadOnline: Seventy-five new items have been included among essential goods that can be imported by receiving foreign currency at the subsidized rate.
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Publish Date: 05/September/2018 | 05:29

JICA Strengthening Economic Relations Between Iran, Japan

EghtesadOnline: The general policy of the Japanese government and Japan International Cooperation Agency is to strengthen economic relations between Iran and Japan, chief executive officer of JICA in Iran said.
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Publish Date: 05/September/2018 | 05:28

Over 18K Tons of Livestock Feed Exported

EghtesadOnline: Iran exported 18,239 tons of livestock feed worth $7.43 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 05/September/2018 | 05:27

Call for Cheap Currency Elimination

EghtesadOnline: President of Iran Chamber of Commerce, Industries, Mines and Agriculture called for the total elimination of cheap currency offered at the 42,000-rial exchange rate.
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Publish Date: 05/September/2018 | 05:23

Bank Maskan Mulls Offering Bigger Loans With Lower Interests

EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's purchasing power that has taken a serious hit due to recent hefty price hikes.
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Publish Date: 05/September/2018 | 05:22

Iran Gov’t Moves to Regulate Distribution Network

EghtesadOnline: Eager to contain the mounting public outrage over the recent car price hikes, the hard-pressed Industries Ministry has decided to shift the focus to aggravating factors closer to home, especially the distribution network.
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Publish Date: 04/September/2018 | 11:58

Illegal Pakistani Migrants Deported

EghtesadOnline: Iranian security forces handed over 158 Pakistani nationals to their counterparts at the border checkpoint in Taftan of Chaghi district on Sunday.
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Publish Date: 04/September/2018 | 04:46

100,000 Tires Needed for Road Fleet

EghtesadOnline: Iran has a shortage of about 100,000 tires in its road transportation fleet, trucks in particular, a deputy minister of roads and urban development said.
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Publish Date: 04/September/2018 | 04:45