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Businesses

  • EghtesadOnline: Thirty-eight percent of businesses came to a complete standstill due to the outbreak of the new coronavirus in the two months leading to April 19, which declined to 21% in the month ending May 20.

  • EghtesadOnline: The Central Bank of Iran expanded the list of businesses directly hit by the coronavirus pandemic, which are eligible to receive government-backed loans.

  • EghtesadOnline: Coronavirus lockdowns inflicted monthly losses worth 260,000 billion rials ($1.47 billion) on local businesses under the supervision of Iran Chamber of Guilds.

  • EghtesadOnline: Following the rapid reopening of businesses across Iran amid the coronavirus pandemic, a health official said infections in the capital Tehran are volatile and alarming.

  • EghtesadOnline: Since last Wednesday, nearly 18,000 employers and economic operators have registered at the Ministry of Cooperatives, Labor and Social Welfare’s Kara.mcls.gov.ir for coronavirus bailout assistance envisioned for distressed businesses.

  • EghtesadOnline: The Central Bank of Iran has updated and communicated the list of businesses directly hurt by the coronavirus outbreak to banks across the country, which are eligible to receive loans.

  • EghtesadOnline: Banks lent 9,750 trillion rials ($62.9 billion) to businesses in the last fiscal year (March 2019-20), which was up by 2,012 trillion rials or 26% compared to the year before.

  • EghtesadOnline: The number of bounced checks jumped in the month to March 19, marking the end of last fiscal year when the coronavirus spread in Iran hammering businesses in a way unseen in decades.

  • EghtesadOnline: Low-risk businesses affiliated to Tehran Guild Chamber on Saturday resumed activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while minimizing its economic fallout.

  • EghtesadOnline: As an increasing population use public transportation in the Iranian capital city, Tehran, adhering to social distancing will turn into a farfetched goal.