1150 GMT June 22 2017
Iran to construct 6,500km of railroads by 2022
Iran will construct 6,500 kilometers of railroads in five years, announced the head of International Transportation Office at Iranian Railways.
GSFC keen to set up ammonia urea plant in Iran
India's state-run Gujarat State Fertilizers and Chemicals (GSFC) announced on Tuesday that it was exploring the possibility of setting up an ammonia-urea plant in Iran.
Why Asia’s central banks should worry less about inflation and more about debt
Central banks have long used inflation expectations to set policy, including interest rates, but some analysts wonder if Asia's policy makers should have bigger fish to fry.
CBI upgrades growth forecasts but warns government on economy
Britain’s economy is in for a period of 'tepid' growth as households hold back spending in the face of higher inflation, the Confederation of British Industry (CBI) believes.
Fitch sees China growth below government target
China’s economic growth is expected to fall below the government’s six percent target in 2018 and 2019, according to Fitch, reflecting the increasing challenge of supporting growth given a higher level of indebtedness.
S. Korea's current account surplus declined in 2016
South Korea's current account surplus dropped slightly in 2016 from a year earlier due mainly to decreased exports, data by the central bank showed on Tuesday.
Gov't urged to sign new deals with int'l oil firms
An economic expert has urged the government to sign new contracts with major international oil companies to expedite the development of oil and petrochemical projects.
ICCIMA: Indonesia major destination for Iranian businessmen
Indonesia is a major destination for Iranian businessmen, said head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
Georgia says has lowest fee in South-West transport corridor
Georgia is applying the lowest tariffs for cargo transportation via the South-West corridor, said the chairman of the Georgian Railway LLC in Baku on Monday.
Iran, Eni to sign MoU on Kish, Darkhovein fields
Italy's Eni is preparing to sign a preliminary agreement to study Iran's Kish gas field and Darkhovin oilfield.
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