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Glassware, Chinaware Production Rises

EghtesadOnline: More than 113,000 tons of glassware were produced in the first three months of the current Iranian year (March 21-June 21), registering an increase of 15.9% compared with last year’s corresponding period, the Ministry of Industries, Mining and Trade reported.
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Publish Date: 10/September/2018 | 10:29

Banana Imports at $200m in Five Months

EghtesadOnline: More than 209,650 tons of banana worth over $200 million were imported into Iran during the first five months of the current fiscal year (March 21-Aug. 22).
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Publish Date: 10/September/2018 | 10:28

Iran's Trade With UAE Dips 3%

EghtesadOnline: Iran traded 9.48 million tons of non-oil commodities worth $6.16 billion with the UAE during the first five months of the current fiscal year (March 21-Aug. 22), registering a 2.08% and 3.39% decline in tonnage and value respectively compared with last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 10/September/2018 | 10:27

80% of Licensed Production Units Active

EghtesadOnline: Of the 80,000 licensed production units in Iran, 68,000 or 85% are operating, a deputy minister of industries, mining and trade said.
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Publish Date: 10/September/2018 | 10:27

Iran Provincial Home Sales Buck the Trend

EghtesadOnline: While Tehran’s housing market has registered three months of consecutive declines in home sales and price surges, similar markets of other provinces exhibit a different trend.
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Publish Date: 10/September/2018 | 06:04

Most Consumers Complain About Bread, Fruit

EghtesadOnline: More than 28,100 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the fifth month of the Iranian calendar (July 23-Aug. 22), according to a report released by the Consumer and Producer Protection Organization.
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Publish Date: 10/September/2018 | 06:03

Parliament Rejects Controversial Bill

EghtesadOnline: The parliament has voted against the bill obliging the government to streamline the distribution network for providing Iranian households with essential goods through consumer cooperatives, chain stores, guild units and related unions.
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Publish Date: 10/September/2018 | 06:02

Iran Secondary Forex Market Trade Buoyant

EghtesadOnline: While the unofficial currency market enters a bull run, a Central Bank of Iran official said trade in the Secondary Forex Market is increasing, with deals breaking a record on Tuesday.
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Publish Date: 10/September/2018 | 06:01

Iran Scrapping Cash Withdrawal From Germany

EghtesadOnline: Iran has informed German financial regulator BaFin that it would be dropping its earlier request to repatriate funds from the bank, German media outlets, including Deutsche Presse-Agentur and Sueddeutsche Zeitung reported on Tuesday.
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Publish Date: 10/September/2018 | 06:00

UNHCR Chief: Iran Deserves More Help to Support Afghan Refugees

EghtesadOnline: Iran continues to set a global example through its progressive and inclusive refugee policies, but the country needs more support hosting one of the largest refugee populations in the world, said UN High Commissioner for Refugees Filippo Grandi during a three-day visit.
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Publish Date: 10/September/2018 | 05:58

Fish Feed Export Ban Lifted

EghtesadOnline: The ban on fish feed export has been lifted, the director general of Export Affairs Bureau with the Islamic Republic of Iran Customs Administration said.
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Publish Date: 10/September/2018 | 05:56

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