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Chicken Farmers Suffer Losses Amid Surplus Production

EghtesadOnline: Chicken farmers have suffered 21 trillion rials ($130 million) in losses in the past five months due to a production surplus, the head of Iran Broiler Breeders Union’s board of directors said.
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Publish Date: 04/May/2020 | 24:23

SCI: Unemployment Falls to 10.7%

EghtesadOnline: Iran’s unemployment rate stood at 10.7% in the last Iranian year (March 2019-20), indicating a 1.5% decline compared with the year before, the latest report by the Statistical Center of Iran shows.
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Publish Date: 04/May/2020 | 24:20

Central Bank of Iran: Slight Decline in Producer Inflation

EghtesadOnline: A decrease of 2.4 percentage point was registered in the Producer Price Index for the Iranian month ending April 19 compared with the preceding month (Feb. 20-March 19), according to Governor of the Central Bank of Iran Abdolnasser Hemmati.
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Publish Date: 04/May/2020 | 04:41

Liquidity Harming, Not Helping Manufactures

EghtesadOnline: Unusually large volumes of liquidity is flowing into non-productive sectors and speculative markets, instead of boosting manufactures, an economist says.
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Publish Date: 04/May/2020 | 04:37

Schools, Mosques to Reopen in Viral ‘White’ Zones

EghtesadOnline: In line with its plan to gradually ease lockdown measures, Iran’s COVID-19 taskforce said schools and mosques are set to resume operations in counties with low risks of coronavirus transmission.
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Publish Date: 04/May/2020 | 04:31

Update on Iran's Border Crossings Amid Coronavirus Outbreak

EghtesadOnline: Spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi has given the latest account of Iran's commercial exchanges through border crossings with neighboring countries, as the outbreak of the new coronavirus restricted the flow of goods through land borders.
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Publish Date: 04/May/2020 | 04:26

Annual Detergent Exports at $180-220m

EghtesadOnline: I ran exports $180-220 million worth of detergents annually, says the secretary of the Association of Detergent, Hygienic and Cosmetic Industries.
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Publish Date: 03/May/2020 | 24:03

Egg Exports Exceed 10K Tons in 1 Month

EghtesadOnline: I ran exported more than 10,000 tons of eggs to neighboring countries, such as Iraq, Afghanistan, Oman and Qatar, in the first month of the current Iranian year (March 20-April 19), says Reza Torkashvand, the head of Producers of Egg-Laying Hens Union.
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Publish Date: 03/May/2020 | 11:59

32% Rise in Iran's Cement, Clinker Exports

EghtesadOnline: More than 17.5 million tons of cement and clinker were exported from Iran in the last fiscal year (March 2019-20), registering a 32% growth compared with the previous year, according to the head of Cement Employers Association.
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Publish Date: 03/May/2020 | 05:10

Iran Auto Output Down 32.5%

EghtesadOnline: Iran’s automotive output declined by 32.5% during the month ending on April 17 compared to a year earlier.
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Publish Date: 03/May/2020 | 05:00

Iran Daily Corona Cases Lowest Since March 9

EghtesadOnline: Iran registered its largest single-day drop in COVID-19 infections since April 9 on Saturday, which brought its tally of daily cases to its lowest since March 9.
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Publish Date: 03/May/2020 | 04:32

70% Decline in Mehrabad Int’l Airport Passenger Traffic

EghtesadOnline: T ehran’s Mehrabad International Airport transported 291,739 passengers during the first month of the current Iranian year (March 20-April 19) to register a 70% decline compared with last year’s similar month, according to the airport’s managing director.
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Publish Date: 03/May/2020 | 04:28

Tehran Stocks at All-Time High

EghtesadOnline: Symbol tickers of all companies listed on the Tehran Stock Exchange and Iran Fara Bourse (the junior equity market) were in the green Saturday amid renewed rush to buy shares.
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Publish Date: 03/May/2020 | 04:20

Iran: Passenger, Cargo Air Transport Halved After Corona Outbreak

EghtesadOnline: A total of 1.66 million passengers and 17,268 tons of cargos were transported by air in Iran during the 12th month of last Iranian year (Feb. 20-March 19) to register a 54% and 52% year-on-year decline respectively.
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Publish Date: 02/May/2020 | 10:42

Iran Corona Death Toll Nears 6,000

EghtesadOnline: Iran’s death toll from the virus known to cause COVID-19 neared 6,000 on Wednesday, roughly accounting for 2.7% of global fatalities from the disease in 210 countries and territories that have so far reported the infection.
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Publish Date: 30/April/2020 | 10:20

IPO Welcomes Decision on Justice Shares

EghtesadOnline: The initiative to ease restrictions on trading the so-called Justice Shares will allow Justice Shares worth 3,000 trillion rails ($18.75 billion) to be offered Iran’s stock market, head of the Iranian Privatization Organization said.
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Publish Date: 30/April/2020 | 10:15

COVID-19 Inflicts $330m in Losses on Iran's Tourism Industry

EghtesadOnline: The outbreak of the new coronavirus inflicted 53 trillion rials ($330 million) in losses on Iranian tourism industry during the two months to April 19, the president of Iranian Hoteliers Association said.
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Publish Date: 30/April/2020 | 06:17

Iran: Special Customs Credit for Essential Goods Importers

EghtesadOnline: The Islamic Republic of Iran Customs Administration is now offering special customs credit to importers of essential goods, says Mehrdad Jamal Arvanaqi, an official with the administration.
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Publish Date: 30/April/2020 | 06:11