ArmInfo. Benefits for Armenian  IT sector startups have been extended for another year, until the end  of 2024. The decision was made at a Cabinet meeting on December 21.

ArmInfo.

ArmInfo. "Electric Networks  of Armenia" (ENA) CJSC entered the capital market with an  unprecedented issue of bonds in the amount of 32 billion drams. As  part of this tranche, 320 thousand bonds were issued, each with a  nominal value of 100 thousand drams, with a coupon yield of 11.4%, a  circulation period of 3 years, and the frequency of coupon payments  every six months. The underwriter and market maker is Ameriabank. ENA  CEO Karen Harutyunyan announced to journalists during a briefing on  December 18 on the sidelines of an official event dedicated to the  issue.

ArmInfo. The highway passing through the Verin Lars international checkpoint is open for all types of vehicles. Customs attache of the RA Embassy in Russia Vahan Hakobyan told ArmInfo correspondent.

ArmInfo.Moody's Investors Service ("Moody's") has today upgraded IDBank's long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable from positive.

ArmInfo.

ArmInfo.On December 11, the Alexander Hotel hosted the presentation of “The Cultural Map” by Erin Meyer, a professor at INSEAD International Business School in Paris and an expert in intercultural management. Translated into Armenian and published by Newmag with Ardshinbank’s initiative and financial backing, the event featured insights into the author's creative journey.

ArmInfo.

ArmInfo. "USAID is making a huge investment in Armenia's economy!", USAID Armenia reminds.

ArmInfo.

ArmInfo.By the decision of the "Telcell" company’s board of directors, Artyom Ghazaryan was appointed CEO of the company. Prior to this, he held the position of Commercial Director of the company.

ArmInfo.The situation at the Upper Lars checkpoint is a show of muscle on Moscow's part, which  could be very costly for the Armenian manufacturer on the eve of the New Year holidays. At the same time, the economic authorities of Armenia themselves are insincere in communicating with the local producer, Gagik Makaryan, Chairman of the Republican Union of Employers of Armenia (RUEA), told ArmInfo. 

ArmInfo.In 2024, the expenditures of the state treasury of Armenia, compared with the approved figure for this year, will increase by approximately 562.5 billion drams, and will amount to more than a third of GDP - 3  trillion 206.5 billion drams (30.5% of GDP).

ArmInfo.The situation at the Upper Lars checkpoint was expected, Gagik Aghajanyan, CEO, Apaven  forwarding company, told ArmInfo. 

ArmInfo. The Ministry of Economy of Armenia is studying the publication of "Rosselkhoznadzor"  to understand the degree of non-compliance of Armenian products with  the standards applied by the Russian Federation.

ArmInfo.

ArmInfo. Ameriabank has assumed a long-term commitment to create a sustainable environment  and assist a transition to carbon-neutral economy, Eduard Arakelyan, Head of Corporate Sales and Relationship Management Division, Ameriabank CJSC, told ArmInfo on the sidelines of the Energy Week in Yerevan. 

ArmInfo. Converse Bank is the underwriter for corporate dram coupon bonds of the Euroterm company  in the amount of AMD 500mln, the public primary placement of which began on November 28. This is noted in the Bank's message, which states that the coupon yield is set at 12.5%, the maturity period is 36 months, and the frequency of coupon payments is provided once every six months. The bonds of this issue mature on November 28, 2026.

ArmInfo.

ArmInfo. Emphasizing the importance of development of the regions and programs implemented  within the framework of social responsibility, Team Telecom Armenia begins cooperation with Loft to promote the activation and dissemination of educational, cultural, entertainment projects for young people in the regions of the country. This is stated in the Team message.