2011/09/29

Sep 28 Economy

Aleppo is the industry decision to suspend the importation «hinders» Trade and Damascus is its note ... prices become inflamed and angry at the merchants and citizens
http://www.alwatan.sy/dindex.php?idn=109356
http://backupurl.com/753w6c
2011-09-28

Search the Council of Ministers in its session held yesterday the development of goods and basic materials in the local markets and procedures for provision and security, the Council requested the Ministry of Economy and Commerce to take practical measures to control the movement of market prices and prevent the exploitation of comments the temporary import of some goods with a view to raising prices, particularly food, manufactured goods and domestically produced and re- of some items of the suspension in order to achieve the national interest.

This came as byproducts coming in and the feelings of anger when a large number of traders and industrialists of the government's decision to suspend the import of materials that increase the tariffs of 5 percent of profits to the street, economic, commercial and industrial due to its effects on the markets. (Details p. 9)

A number of traders and industrialists for their discontent to the issuance of this decision and in its current form and shape of a sudden, without the government can convince the Syrian street without Bembrradtha and also be able to respond to thousands of questions received in respect of goods shipped or in free zones.

To the surprise of the Syrian citizen with a sudden rise for all prices, especially of imported materials, while a number of agencies and electrical items and vehicles to close centers, sale and storage of their cars and goods to the later stages of the center of a number of traders buy large quantities of material from the market for resale at higher prices a few days after, as A number of citizens also purchased large quantities of imported materials for storage, for fear of losing markets.

Having announced the Aleppo merchants before yesterday they were against the resolution because of its negative aspects of the internal market, issued the Aleppo Chamber of Industry yesterday issued a statement indicating that the «opinion the economic year is that this government decision detriment of the national economy and caused a stir both materially and morally in the street and hinder business activity and industrial » for most of the work and sends « a message of weakness» abroad.

The statement said the decision, issued by the government last Thursday, cannot be a solution acceptable to the economic activities «, which refuses to bear the brunt of the errors accumulated from some government financial and banking, which led to the imbalance in the balance of foreign exchange especially with regard to the mechanism of financing imports and secure Cutting them ».

The statement added: «sees room to comment, even if temporarily cause a monopoly and high prices and encourage smuggling and corruption and lead to lower quality local product and adversely affects the rights of consumers and believes that the protection of national industry is not by raising the walls of protectionism but through giving competitive advantages to the domestic industry of the incentives and facilities with the survival markets open, provided that imports adjusted according to the control mechanisms to ensure fair and equal competition between all the products and goods ».

Al «alwatan.sy» the Damascus Chamber of Commerce held a meeting yesterday attended by the entire membership to consider the resolution referred to the view that the decision of many negative while its advantages are limited.

The Chamber Board of Directors decided today submitted a memorandum to the Prime Minister and Minister of Economy in order to clarify the negative aspects of the decision.

And on the resolution, the Governor of Central Bank of Syria Adib Mayyaali yesterday to reduce imports to Syria will provide six billion dollars a year to cope with sanctions imposed by the United States and the European Union.

The inclined told «AFP» that «the goods covered by this decision represents about 25 percent of the imports and this will provide at least six billion dollars, including $ 4.5 billion of import cars».

He said «It is a preventive measure to protect our currencies on the foreign exceed 17 billion dollars». And about a decision, Mayyaali said «I cannot give a deadline because it is linked to a period of pressure on Syria by European countries».


الصناعات الهندسية: لا ارتفاع على أسعار سيارة شام وسيامكو تعمل على زيادة طاقتها الانتاجية
Engineering Industries: No increase in the prices of car Saamku Cham and working to increase its production capacity
http://www.sana.sy/ara/4/2011/09/28/372211.htm
September 28, 2011

The Director-General of the General Establishment for Engineering Industries and the company's vice president of the Syrian-Iranian car industry Saamku Dr. Nidal clefts there would be no increase in the price of a car produced by the Cham Saamku.

. . . Iran Khodro Company owns 40 percent of the capital of the company has with the General Organization for Engineering Industries, 35 percent of the Company and the authority of Commerce 25 percent.


Syria signed a memorandum of understanding with the Russian company to provide them with three new passenger planes in 2013
http://www.aksalser.com/index.php?page=view_news&id=31271e0deb84b687cf3288d21c2564d8&ar=526167944
Wednesday - September 28 - 2011 - 14:29:08


شركة "توبليف" تزود الخطوط الجوية السورية باحدث طائراتها
Company "Tupolev" provide the airline with modern aircraft, the Syrian
http://arabic.rt.com/news_all_news/news/567776
28.09.2011 15:16


الرقم القياسي للمستهلك يرتفع 0.65% بسبب ارتفاع أسعار الأغذية واللحوم و البيض
Record of the consumer rises 0.65% due to higher food prices, meat and eggs
http://www.aksalser.com/index.php?page=view_news&id=bb7fa8bdb14f564f570def4cbb76a7d3&ar=730015841
Wednesday - September 28 - 2011 - 12:38:15

Issued the Central Bureau of Statistics indices of consumer prices for the month of August when it reached the record differences for July rose 0.65 points the previous record 146.49%.

The Bureau noted that it was due to a slight rise in the group food and non-alcoholic beverages amounted to 1.48 points, in addition to higher prices for milk, cheese, eggs, reaching difference 5.18 points, meat 4.08 points, pulses and vegetables 4.01 points, and food products under another 14.48 points, while the prices of fruits, where differences amounted to 11.3 points and non-alcoholic beverages 1.82 points, coffee, tea and cocoa 2.17 points.

For his part, and restored the Central Bureau of Statistics reason for the rise to higher meat prices at a rate of 23.3 percent, sugar and sweets 21.2%.

The monthly inflation August for the last two in July stood at 0.45%, while the annual inflation for the month of August 2011 for August 2010 amounted to 3.9%.

Group were also affected by restaurants and hotels at such a high as well as higher milk prices and cheese for 9.75% June 2011 Despite the low prices of the group rate of 18.9% fruit and vegetables, 13.03% for June 2011.


رويترز : سوريا لا تشتري في مناقصة لتوريد 100 ألف طن قمحا بسبب الاسعار الباهظة
Reuters: Syria does not buy in a tender to supply 100 thousand tons of wheat due to high prices
http://www.aksalser.com/index.php?page=view_news&id=0a18c070a34423b14e518b2f93e50f02&ar=782902228
Wednesday - September 28 - 2011 - 15:22:28


Damascus stock price index for this week
The index has recovered by 5.9% from the historical low just recorded last week.

26/Sep/2011 951.33 volume 114 thousand
27/Sep/2011 966.64 volume 408 thousand (2nd biggest volume in history after Aug. 2))
28/Sep/2011 957.97 volume 27 thousand

(In a temporal measure, the market is open for 3 days a week only.)

16/Dec/2010 1752.50 (historial high)
19/Sep/2011 904.67 (historical low)

Weekly closing rates
19/May/2011 1323.11
26/May/2011 1256.80
02/Jun/2011 1234.13
09/Jun/2011 1136.82
16/Jun/2011 1133.09
23/Jun/2011 1057.36
30/Jun/2011 1031.04
07/Jul/2011 1067.50
14/Jul/2011 1032.62
21/Jul/2011 1010.06
28/Jul/2011 1013.81
04/Aug/2011 993.89
11/Aug/2011 950.89
17/Aug/2011 951.66
24/Aug/2011 950.73
29/Aug/2011 951.05
07/Sep/2011 933.34
14/Sep/2011 909.16
21/Sep/2011 927.12

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