Communications Museum re-opened in Yerevan

 Monday, May 20 2024 12:31:00
Communications Museum re-opened in Yerevan

ArmInfo.Assuming the responsibility to preserve the history of the development of communications and pass it on to new generations, Team Telecom Armenia reopened the Museum of Communications as part of the pan-European initiative "Night of Museums".

Team Telecom Armenia develops Be Free package
 Tuesday, May 7 2024 11:48

ArmInfo. Team Telecom Armenia has developed a new Be Free package, which provides the opportunity to  unlimitedly use major video platforms without consuming Internet traffic.  According to the company's press service, this offer covers applications such as YouTube, Netflix, Snapchat, TikTok and other top platforms.

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Team becomes TUMO`s main technology partner 
 Thursday, May 2 2024 15:57

ArmInfo. Team Telecom Armenia will support  TUMO's mission (TUMO Center for Creative Technologies)  to make modern technology education accessible to all young people in Armenia.

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Over 10 cases initiated against biometric personal data processors
 Monday, April 29 2024 17:22

ArmInfo. In the first quarter of 2024, more than 10 cases of administrative offenses were initiated against processors of biometric personal data and special category personal data. As a result, an administrative penalty in the form of  a fine was applied to 8 organizations. The RA Ministry of Justice  reports.

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IT companies increased tax payments to state budget by 3.5%
 Monday, April 29 2024 17:16

ArmInfo. In January-March 2024, 84 IT companies were included in the list of 1000 large taxpayers of Armenia, which allocated 20.8 billion drams to the state  budget, which is 3.5% or 728 million drams more than a year ago. This  is stated in a study by the Modex consulting company.

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High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming 
 Monday, April 29 2024 14:55

ArmInfo.Minister of High-tech Industry Mkhitar Hayrapetyan visited Digitain, one of the largest technological companies operating in the iGaming sector of  Armenia.  According to the press service of the Ministry of  High-Technological Industry, accompanied by Digitain management, the  minister got acquainted with the company's infrastructure, the  created ecosystem, developed products and development programs.

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Binance and Binance Academy announce large-scale online educational  project "Crypto School"
 Thursday, April 25 2024 12:57

ArmInfo.Binance and Binance Academy announce a large-scale online educational project "Crypto  School". As part of the initiative, millions of users will be able to gain basic knowledge about blockchain and cryptocurrencies absolutely free of charge.

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Armenia participates in 80th session of UNESCAP
 Tuesday, April 23 2024 12:45

ArmInfo.Deputy Minister of High-Technological Industry of Armenia Gevorg Mantashyan took part in  the 80th session of the Economic and Social Commission for Asia and the Pacific (UNESCAP), which takes place from April 22 to 26 in Bangkok.

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Caring for nature, we have started with ourselves - Team Telecom Armenia
 Monday, April 22 2024 14:46

ArmInfo.On April 22, Earth Day is celebrated all over the world. This year all events are centered on the theme “Planet vs. Plastics”. Following the advice of the day, Team Telecom Armenia summarized the work undertaken within the company in the direction of environmental protection over the previous year. Introduction of energy-efficient solutions

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Armenia is considering appointing attache in Silicon Valley
 Monday, April 15 2024 18:37

ArmInfo. Armenia is considering appointing an attach‚ in Silicon Valle. Minister of High-Technological Industry of Armenia, Mkhitar Hayrapetyan, stated this during a press conference on April 15.

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Info about IT specialists leaving Armenia en masse has nothing to do  with reality - premier
 Friday, April 12 2024 15:24

ArmInfo. Prime Minister Nikol Pashinyan does not agree with the assurances that IT specialists are leaving Armenia en masse.

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Mkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterally
 Wednesday, April 10 2024 18:00

ArmInfo. Based on the results of the recent Moscow consultations regarding the violations committed  by the Russian side of the intergovernmental agreement on cooperation in the field of mass communications, consensus could not be reached. Minister of High-Technological Industry of the Republic of Armenia  Mkhitar Hayrapetyan stated on April 10 during the government hour in the National Assembly of Armenia.

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EDB sets course for digital future of transportation at joint EEC and  ESCAP event
 Tuesday, April 9 2024 17:14

ArmInfo.Sevak Sarukhanyan, Director at the Directorate of Digital Initiatives of the Eurasian Development Bank (EDB), participated in the panel session titled Digital Transformation of Transport: Key Trends and Synergetic Effect at the 11th Asia-Pacific Trade Facilitation Forum, held under the auspices of ESCAP in Samarkand from 2 to 5 April 2024, the EDB Media Centre reports.

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Brett King: Banks should be ready to implement AI
 Wednesday, April 3 2024 20:25

ArmInfo. A "smart" economy requires Artificial Intelligence (AI) technologies, and in this regard, the readiness of banks to implement AI is extremely important. Brett King - world-renowned futurist, the founder of a new  banking concept and bestselling author (Bank 2.0, Bank 3.0, Breaking Banks, Bank 4.0, The Rise of Technosocialism) stated on April 3 during a briefing on the sidelines of the Doing Digital forum in Yerevan.

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Expert: There is no alternative to digital transformation
 Wednesday, April 3 2024 18:36

ArmInfo. There is no alternative to digital transformation.  Davit Hovhannisyan, Chief  Information Technology Officer at Ameriabank stated on the sidelines of the Doing Digital forum on April 3 during a conversation with journalists.

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"Ucom", "Team Telecom" and "Rostelecom" also turned off broadcast of  TV show with participation of Vladimir Solovyov
 Tuesday, April 2 2024 16:47

ArmInfo. "Ucom" and "Team Telecom" and "Rostelecom", synchronously with the Ministry of High-Technological Industry, turned off the broadcast of a TV show with the participation of Vladimir Solovyov on "Russia 1". Chairman of the "In the Name of the Republic" party, Arman Babajanyan, wrote on his Facebook page.

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Viva-MTS changes its company name to Viva Armenia
 Tuesday, March 26 2024 18:57

ArmInfo. Viva-MTS Telecommunications operator has changed its company name to Viva Armenia.

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Team Systems contributes to smart technology development 
 Tuesday, March 26 2024 15:20

ArmInfo.In order to strengthen the connection, Team Systems business university together  with the National Polytechnic University of Armenia (NPUA) held a two-day conference and hackathon on the topic "Green energy and smart technologies".

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Parliamentarian: Armenia attaches great importance to using  opportunities of digital transformation
 Saturday, March 23 2024 11:04

ArmInfo. The RA NA delegation to the Assembly takes part in the works of the Eastern Partnership  Parliamentary Assembly going on Brussels. 

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Subsidiary of Public TV of Armenia to have right to nationwide  broadcasting  
 Tuesday, March 19 2024 11:44

ArmInfo. The deputy of the Civil Contract Faction Sisak Gabrielyan proposed the amendment to the  law on Audiovisual Media. According to him, one audio-visual programme is broadcasted by the Public Television Company of Armenia CJSC only in the metropolitan area. The author suggests that the public broadcaster should have a maximum of two audiovisual programmes with nationwide distribution.

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Public TV`s First News Channel to be broadcasted not only in Yerevan,  but also throughout country
 Monday, March 18 2024 16:57

ArmInfo. The First News Channel of the Public Television Company of Armenia will be broadcasted not only in Yerevan, but also throughout the country. At a meeting on March 18, the RA National Assembly Standing Committee on Science, Education, Culture, Diaspora, Youth and Sport issued a positive conclusion on the amendments to the Law "On Audiovisual Media" submitted by MP Sisak Gabrielyan.

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News
Ameriabank`s Trade Finance portfolio enriched with four prestigious awards from EBRD and IFCAmeriabank`s Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC
Armenia-UAE economic and technical cooperation commission to meet in  Abu Dhabi Armenia-UAE economic and technical cooperation commission to meet in  Abu Dhabi 
Armenia`s government plans to implement housing programme for  forcibly displaced people in next 10-12 yearsArmenia`s government plans to implement housing programme for  forcibly displaced people in next 10-12 years
Communications Museum re-opened in YerevanCommunications Museum re-opened in Yerevan
Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy MinisterDouble increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister
Rocket Line - now for 60 months: Idram and IDBankRocket Line - now for 60 months: Idram and IDBank
Rising prices for services, going into shadows and closing businesses  - incomplete list of Rising prices for services, going into shadows and closing businesses  - incomplete list of "expectations" from revision of turnover tax  rate from SME Cooperation Association President
Liability for misrepresented information is proposed in ArmeniaLiability for misrepresented information is proposed in Armenia
Government proposes to make changes to car trade system within  Government proposes to make changes to car trade system within  "Trade-in" program
Armswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transitionArmswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transition
Armenian lawyers unwilling to pay taxes on universal basisArmenian lawyers unwilling to pay taxes on universal basis
EU Commissioner: EU will continue to contribute to economic  development of ArmeniaEU Commissioner: EU will continue to contribute to economic  development of Armenia
PM discusses opportunities for diversifying Armenian economy with WB,  IFC management PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
EBRD President considers programs implemented by Bank useful for  development of private sector in ArmeniaEBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
EBRD lends up to US$ 10 million to Armeconombank for MSME on-lendingEBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
Armenia benefits greatly from influx of capital and IT specialists -  EBRD chief economistArmenia benefits greatly from influx of capital and IT specialists -  EBRD chief economist
Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027
Idram Junior and Koreez signed a memorandum of cooperationIdram Junior and Koreez signed a memorandum of cooperation
During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.
Government to allocate additional AMD 3 billion to finance state  order for healthcareGovernment to allocate additional AMD 3 billion to finance state  order for healthcare
EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEsEBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
Pankin: Armenia`s suspension of CSTO funding isn`t tragedyPankin: Armenia`s suspension of CSTO funding isn`t tragedy
Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion 
EBRD Governors re-elect President Odile Renaud-Basso for second termEBRD Governors re-elect President Odile Renaud-Basso for second term
EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia 
No specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFANo specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFA
Pashinyan: all those who have the necessary skills, abilities and  desire can make a profit in ArmeniaPashinyan: all those who have the necessary skills, abilities and  desire can make a profit in Armenia
Odile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factorsOdile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factors
Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines 
EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%
EBRD promises unprecedented investments in Armenian economyEBRD promises unprecedented investments in Armenian economy
FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollarsFMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars
Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President 
French Development Agency, Armenian government to expand cooperation  areas and programs` scope French Development Agency, Armenian government to expand cooperation  areas and programs` scope 
The Power of One Dram Sums up the Two-Year Program with Teach for ArmeniaThe Power of One Dram Sums up the Two-Year Program with Teach for Armenia
Noubar Afeyan willing to use his potential to strengthen Armenia Noubar Afeyan willing to use his potential to strengthen Armenia 
Ministry of Economy of Armenia denies that growth in agricultural  exports is due to re-exportsMinistry of Economy of Armenia denies that growth in agricultural  exports is due to re-exports
Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%
EBRD funds customs and logistics centre in SyunikEBRD funds customs and logistics centre in Syunik
Grigori Zakaryan: “Capital markets have a crucial for economic development.”Grigori Zakaryan: “Capital markets have a crucial for economic development.”
Ambassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEUAmbassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEU
EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEsEBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs
Thanos Arvanitis: The time has come for Armenia to accelerate reformsThanos Arvanitis: The time has come for Armenia to accelerate reforms
Armenia to host 33rd EBRD Business Forum with flagship sponsorship of ArdshinbankArmenia to host 33rd EBRD Business Forum with flagship sponsorship of Ardshinbank
EAEU economic operators will become more recognizable when carrying  out foreign economic activitiesEAEU economic operators will become more recognizable when carrying  out foreign economic activities
Martin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decreaseMartin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decrease
About 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economyAbout 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economy
92% tax revenues recorded in Armenia in 1st quarter of 2024 92% tax revenues recorded in Armenia in 1st quarter of 2024 
IDBank issues the 2nd tranche of dollar bonds of 2024IDBank issues the 2nd tranche of dollar bonds of 2024
Armenia to be next country to host ACE programArmenia to be next country to host ACE program
Armenia agrees to EBRD expansion Armenia agrees to EBRD expansion 
Alkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure developmentAlkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure development
CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%
Government writes off 469 financial obligations of Artsakh citizens  on loans secured by goldGovernment writes off 469 financial obligations of Artsakh citizens  on loans secured by gold
Food products, services cause of 0.8% inflation in Jan-Apr 2024 Food products, services cause of 0.8% inflation in Jan-Apr 2024 
Armenia`s Deputy Premier receives IMF delegationArmenia`s Deputy Premier receives IMF delegation
Armenian Economy Minister travels to USA on week-long working visitArmenian Economy Minister travels to USA on week-long working visit
Armenia is trapped in Armenia is trapped in "Dutch disease" - economist
“By Your Side”: IDBank`s new support program for displaced Artsakh citizens“By Your Side”: IDBank`s new support program for displaced Artsakh citizens
Team Telecom Armenia develops Be Free packageTeam Telecom Armenia develops Be Free package
Read more


Exchange rates
20.05.2024
RUB4.290.03
USD387.970.37
EUR421.761.64
GBP492.842.53
CAD284.920.76
JPY24.910.04
CNY53.640.01
CHF426.900.68


Experts
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Expert on Armenia`s international trade growth against Expert on Armenia`s international trade growth against "miserable  trade pattern"  
Expert: Armenia should use Georgian, Turkish transit opportunitiesExpert: Armenia should use Georgian, Turkish transit opportunities
Read more

Commented
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for  $303.6 millionBank of Georgia announces proposed acquisition of Ameriabank for  $303.6 million

Company bonds
UCO CJSC "GLOBAL CREDIT"1
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UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2