RA Prime Minister presented Italian business community with business opportunities in Armenia Friday, November 22 2019
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 ArmInfo. Armenian Prime Minister Nikol Pashinyan, who is on an official visit to Italy, held a meeting with representatives of Italian business and investment circles in Milan on the eve of a working lunch. |
ArmInfo. On November 22, Deputy Minister of Economy of Armenia Varos Simonyan received Dmitry Ladikov-Roev, member of the Board of Directors, Managing Director for Assets and Liabilities of the Eurasian Development Bank and Armen Melkikyan, head of the Bank's Yerevan office.
ArmInfo. Tax information is now available on the e-platform site of the State Revenue Committee of Armenia (SRC). This was reported by the press service of the SRC.
ArmInfo.On the eve of Black Friday, Converse Bank is launching another loyalty campaign. Within the framework of the campaign, until November 29 inclusively, Visa Virtual Account and Visa instant issue card will be provided without service charge (throughout the whole validity period of the card). And on November 29, on Black Friday, clients can make non-cash online purchases and receive 10% cashback.
ArmInfo. The World Bank's Board of Executive Directors approved today a new, EUR 45.8 million (US $50 million) loan for the Armenia Governance Development Policy Operation (DPO), a budget support operation, the press service of the WB informs.
ArmInfo. For 9 months of 2019, the Armenian insurers reimbursed 18.2 billion drams or $ 38.2 million in various classes (the figures are given from the reports of Insurance Companies portfolios according to the standards of the Central Bank of the Republic of Armenia). In y-o-y terms, reimbursements of insurers increased by 9.9%, against growth by 37.9% a year earlier.
ArmInfo. The total net profit of Armenian insurance companies for 9 months of 2019 compared to the same period a year ago increased 3-fold (against a decline of 77.4% a year earlier), exceeding 1.1 billion drams or $ 2.4 million.
ArmInfo.On November 19, Yerevan hosted the presentation of the plan for the development of the Armenian energy system for 2020 - 2036 with minimal cost. The document was developed jointly with USAID as part of a program to liberalize and trade electricity. Presenting the project, Deputy Minister of Territorial Administration and Infrastructures of the Republic of Armenia Hakob Vardanyan noted that the document presents ways to provide reliable and stable energy supply at the most affordable prices for consumers, to realize the potential of renewable energy and energy efficiency.
ArmInfo. The Armenian government does not exclude the possibility of providing a budget loan to the Armenian Nuclear Power Plant (ANPP) to fill the shortage of financial resources. On November 13, Minister of Finance of the Republic of Armenia Atom Janjughazyan stated this from the rostrum of the Republic of Armenia, answering the question of MP of the National Assembly of the Republic of Armenia from the Prosperous Armenia faction Mikayel Melkumyan about the deficit of 6 billion drams needed for the implementation of the program for the modernization of the second power unit of the ANPP.
ArmInfo. The winner of the State Prize of Armenia Global IT Award -2019 was a Japanese computer scientist and one of the world's leading computer vision researchers Takeo Kanade. This was announced at a November 20 press conference at the RA Ministry of High Technology Industry.
ArmInfo.Beeline Armenia has launched COMBO 4 Special services bundle. According to the press service of company for the monthly fee of AMD 4000 subscribers receive fixed 100MB/s internet, 50 BeeTV channels, a new mobile number with the code "033", 5GB mobile internet, 50 minutes of free calls to other mobile networks, unlimited calls to Beeline numbers and 180 minutes of free calls to landline Beeline numbers.
ArmInfo. In September 2019, compared to September last year, the number of mortgage loans in Armenia increased by 23.3%, or by 7261 mortgage loans. The Prime Minister of Armenia Nikol Pashinyan wrote about this on his Facebook page.
ArmInfo. The cadastral value of luxury expensive real estate in Armenia can increase eight fold. This was stated during the discussion of the draft law "On Establishing the Procedure for Calculation of the Cadastre Approximate to the Market Value of Real Estate for the Taxation of Real Estate" on September 11, head of the Real Estate Cadastre Committee of Armenia Sarhat Petrosyan. Thus, with the adoption of the law, the tax on particularly expensive real estate will increase significantly.
ArmInfo.The volume of cargo transportation in Armenia in January-September 2019 compared to the same period of the previous year decreased by 52.2% - up to 10 364.2 thousand tons. Of these, 6 703.9 thousand tons (64.7% of the total) fell on road transport, which decreased by 63.3% year on year. This is evidenced by the data of the RA Statistics Committee.
ArmInfo. Revenues of the communication sphere of Armenia by October 1, 2019 reached 109.4 billion drams, with annual growth of 1.3%, against 0.8% growth a year earlier. According to the RA Statistics Committee, the improvement in dynamics was triggered by an increase in the segment of the creation and broadcasting of television and radio programs by 83.7% and 3.3%, respectively. Whereas, dominating in the communications sector (90.5%), the telecommunications segment showed a decline of 2.6% (against growth of 0.6% a year earlier), with revenue of 99 billion drams.
Tigran Khachatryan: Attracting several transnational investors to Armenia will allow the country to start playing for high stakes
During the first 5 years, the agricultural insurance market in Armenia will operate at a loss
Artak Kamalyan: Education is the key to success. Everything else is of secondary importance
Head of PSRC: Whatever the agreement, the domestic tariff is dependent on the price at the border
IMF: Armenia needs to achieve sustainable inclusive growth
Artur Atoyan: Problems of fish farmers are solved by the communist method, that is, they are not solved at all
HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in return for investments is rather rhetorical
Former head of the Ministry of Finance: 
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan: Armenia`s payment business has great prospects
Russian processing company "MultiCarta" discussed cooperation opportunities with Yerevan Municipality in the transport sector
$ 270 Million to be invested in the construction of the first skyscraper in Yerevan
The AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL ARMENIA Foundation is the partner
Forecast: Armenia has good prospects for expanding its presence in the Polish market
Armenian government`s delegation headed by Prime Minister will take part in the St. Petersburg International Economic Forum on June 6-7
Concessionaire of Zvartnots International Airport promises to become one of the best operators in the world
Forecast: Electricity exports to the Middle East through Iran are a key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia, CMTPL loss ratio increased up to 64.5% in Q1 2019
From January 1, 2020, the cost of customs clearance of cars from non-EEU countries in Armenia will increase by at least 4-5 fold: whether the market for used cars is going up
Overdue loans accelerate growth in banking system of Armenia
Converse Bank offers online loans at a low effective interest rate
Renco company will attract additional shareholders and partners to the project of building a new thermal-power plant in Armenia
T.Avinyan: The Government is open for cooperation and encourages active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle signed in Yerevan
Veolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a loan in seconds.
By the end of 2018, "Galburdjian Group" will launch the production of sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources, rather than small hydropower stations
Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the construction of a new nuclear unit