Iran

Retail Asia21/09/2017

The Iran nuclear deal which took effect January 2016, known officially as the Joint Comprehensive Plan of Action (JCPoA), was implemented after United Nations inspectors said that Iran had dismantled a large portion of its nuclear programme. The Iranian economy has grown because of these easing of sanctions and Iran remains one of the last […]

Retail Asia15/11/2016

Germany, which has been aggressively pushing for closer economic ties with Iran following the lifting of international sanctions against the latter, wants to play a pivotal role in the modernizing and upgrading of Iran’s dilapidated infrastructure and transport system. Germany signed six memoranda of understanding (MoUs) aimed at boosting transport cooperation following a late October […]

Retail Asia31/10/2016

An Iranian banking and financial delegation has paid a visit to Indonesian capital city of Jakarta to discuss facilitating banking ties between the two countries. During the visit, the sides called for removing the obstacles hindering the expansion of banking ties between the two countries, IRNA news agency reported Oct. 29. The Iranian delegation, headed […]

Retail Asia14/10/2016

State-run energy giant Pertamina officially received a cargo of liquefied petroleum gas (LPG) from Iran on Thursday, marking Iran’s first shipment as a new supplier of LPG to Indonesia. Pertamina president director Dwi Soetjipto welcomed the 44,000 metric tons of LPG transported from Asaluyeh Port in Iran 13 days ago by its VLGC Pertamina Gas 2 vessel, at […]

Retail Asia08/07/2016

Indonesia’s state-owned Pertamina will sign a memorandum of understanding with the National Iranian Oil Co. next month to develop oil and gas blocks in Iran. Under the initial agreement, Pertamina will be allowed access to data on four Iranian oil blocks, a senior company official said Friday. “There are two to four blocks that will […]

Retail Asia08/03/2016

Indonesia said it is open to resume banking transactions with Iran following the lifting of economic sanctions against Iran. “Banking relations, an obstacle we are facing, will soon be resumed,” President Joko Widodo said after receiving Irans Foreign Minister Mohammad Javad Zarif on the sidelines of the 5th Organization of Islamic Cooperation Extraordinary Summit on […]

Retail Asia25/08/2015

South Korea’s LG Electronics is making a strong push into the Middle East, opening premium brand shops in the area. The company is deliberately positioning its brand at the higher end of the market to differentiate it from lower cost brands. LG says it has opened a premium brand shop in Jordan on Mecca Street, […]

Tag: Iran

Due diligence: The key to long term success in business within Asia-Iran shipping industry

Germany To Help Iran’s Port Infrastructure

Iran, Indonesia talk banking ties

Iran’s first LPG cargo for Pertamina arrives in Indonesia

Indonesia’s Pertamina targets stakes in two Iranian oil, gas blocks

Indonesia to reopen banking transactions with Iran

LG Electronics opens Middle East stores