economic

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China's state-controlled Xi'an Railway group has reduced rail costs by 20-26pc for cargoes departing from some parts of Shaanxi, the country's third-largest coal producing province, to encourage more domestic industrial activity and cut coal logistics costs.
News ID: 9056    Publish Date : 2020/04/07

Japan's LPG demand is expected to fall with the government's state of emergency to curb its Covid-19 outbreak and the slowdown in the country's economic activity.
News ID: 9055    Publish Date : 2020/04/07

The coronavirus pandemic has created an economic crisis “like no other” — one that is “way worse” than the 2008 global financial crisis, the International Monetary Fund’s top official said on Friday.
News ID: 9040    Publish Date : 2020/04/04

It has been a major development as the first biggest layoff warning call involving a production plant due to the COVID-19 epidemic. The management of the plant declared almost all of its 302 employees would be laid off.
News ID: 9017    Publish Date : 2020/04/01

Spain has exempted much of its metals, chemicals, cement and other large power-consuming industries from the halt in non-essential economic activity decreed in the country from 30 March, although they will still have to cut output.
News ID: 9007    Publish Date : 2020/04/01

US-Australian mining firm Coronado Coal is shutting its US mining operations and will ship from stocks in response to the coronavirus-induced economic downturn, although it will maintain operations at its Curragh coking coal mine in Australia.
News ID: 8973    Publish Date : 2020/03/30

Iranian First Vice-President Eshaq Jahangiri underlined the need for all economic enterprises to materialize the goals pursued by the motto of the new Iranian year, “surge in production”, highlighted by the Leader in his message on the occasion of Nowruz.
News ID: 8878    Publish Date : 2020/03/26

Islamic Revolution Guards Corps (IRGC) Deputy Commander for Political Affairs Brigadier General Yadollah Javani stressed the importance of Leader’s motto of the new year, “surge in production”, describing it as a key to resolve the economic problems in Iran.
News ID: 8854    Publish Date : 2020/03/24

Iranian President Hassan Rouhani said the US government is partly accountable for unemployment and other economic woes in Iran.
News ID: 8835    Publish Date : 2020/03/23

Iranian Ambassador to Iraq Iraj Masjedi said on Sunday that Tehran and Baghdad are determined to further develop their economic relations and cooperation.
News ID: 8818    Publish Date : 2020/03/22

Vietnam Association of Environmental Economics (VIASEE) has just sent a petition to Prime Minister Nguyen Xuan Phuc on strategies and solutions for Bauxite mining, promoting the development of the aluminium industry in the Central Highlands.
News ID: 8788    Publish Date : 2020/03/19

A group of Iranian nationals are suing troubled British lender Metro Bank for suspending their accounts without prior notice or explanation.
News ID: 8773    Publish Date : 2020/03/18

Japan's energy demand is predicted to weaken over the next fiscal year starting 1 April as the spread of the coronavirus pandemic slows the country's economic activity.
News ID: 8763    Publish Date : 2020/03/18

The Bosnian official authorities stated that a company from the town of Zvornik held talks with Iranian officials for selling aluminium oxide. This could have been used in Tehran’s nuclear programme.
News ID: 8749    Publish Date : 2020/03/17

New reports show that Iran has exported 125 million tons of commodities between late March 2019 and late February 2020, which shows the country has registered a 17.61 percent year-on-year jump in terms of exports’ weight.
News ID: 8739    Publish Date : 2020/03/16

China's economic activity slowed sharply during January-February as a result of the coronavirus outbreak, but the country's national bureau of statistics (NBS) said second-quarter activity should pick up significantly.
News ID: 8729    Publish Date : 2020/03/16

Non-oil exports from Iran’s Southern province of Bushehr has posted a 20% jump in terms of weight in the past 11 months since late March 2019, in comparison with the corresponding period in the last year, a local official announced on Sunday.
News ID: 8721    Publish Date : 2020/03/15

The Governor of the Central Bank of Iran said he has asked the International Monetary Fund for a $5 billion loan that would help the country deal with the outbreak of COVID-19, saying the IMF’s response will be a litmus test for claims about relief aid for containing the disease.
News ID: 8708    Publish Date : 2020/03/12

Steelmakers association UK Steel suggests the government should move towards a "Buy America" model for material procurement, prioritising domestic steel to "boost the social and economic benefits" of the projects.
News ID: 8696    Publish Date : 2020/03/12

Sanctions-hit Iran has asked the IMF for an emergency loan to help it battle the coronavirus pandemic.
News ID: 8694    Publish Date : 2020/03/12

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