EghtesadOnline: The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows businesses make use of cryptocurrency to settle payments to foreign partners, the head of the Trade Promotion Organization of Iran said.
EghtesadOnline: The reported government move to eliminate forex subsidies for import of basic goods would pose importers with new liquidity problems, businesspeople say.
EghtesadOnline: Following the six-day lockdown, all businesses, with the exception of those listed below, may resume operations as of Aug. 22, according to an announcement of Iran Chamber of Guilds.
EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture says recent power outages have inflicted between 1-5 billion rials ($4,000-20,000) worth of losses on businesses.
EghtesadOnline: The government has extended a total of 770 trillion rials ($3.37 billion) in financial assistance to households, businesses, the unemployed and the heath sector in the last fiscal year (March 2020-21).
EghtesadOnline: The National Coronavirus Headquarters has agreed that restrictions imposed on Group II of jobs in the high-risk red and orange zones for coronavirus transmission, including Tehran’s Grand Bazaar and shopping malls, should be relaxed.
EghtesadOnline: A total of 699,000 jobs were safeguarded throughout the coronavirus crisis as a result of loans extended by the government to businesses under the Covid-19 relief assistance program.
EghtesadOnline: Iran Chamber of Guilds has issued a statement expressing concerns regarding the economic implications of a new surge in Covid-19 cases.
EghtesadOnline: The Central Bank of Iran on Saturday announced financial relief to businesses battered by months of lockdowns to curb the Covid-19 pandemic.