ArmInfo.

ArmInfo. Armenia can become trading hub for foreign securities.  This is a good opportunity. So, in general, private investors, companies, as well as the stock exchange, all of them can participate in it. Director of the Financial Stability Directorate at the Central Bank of Armenia Garegin Gevorgyan stated during the first Investment and Financial Forum, speaking about the current realities arising from the geopolitical situation.

ArmInfo.SPRING PR will again host its annual International Doing Digital Forum (DDF) on 3 April in Yerevan. This year the Forum is entitled “Embracing Opportunities” and will focus on the latest approaches to digital transformation in finance and various business sectors, examine opportunities and the specifics of their localization, and position Armenia as a growing hub for digital transformation within the global technological and business community, thus enhancing the country's competitiveness. Ameriabank is the fintech partner of the forum.

ArmInfo. In Armenia, consumer prices are falling due to cheaper food products, such as cereals,  flour, meat, butter, fish, bread, cheeses, vegetables and fruits. In parallel, an increase in prices for gasoline, alcohol and cigarettes is recorded. In addition, the prices of services continue to increase, especially the tariffs for personal transport services have risen sharply, by the data of the RA Statistical Committee.

ArmInfo.FLYONE ARMENIA airline announces the launch of ticket sales to a number of new destinations  for the summer of 2024.

ArmInfo. Former MP Gevorg Papoyan has been appointed Armenia's new minister of economy. Armenian  President Vahagn Khachaturyan signed the relevant decree on Tuesday. Papoyan has been appointed to the vacant post pursuant to Prime Minister Nikol Pashinyan's proposal.

ArmInfo. In the last 4 years, the volume of dram debt in the general context of the state debt has  increased from 20% to 46%. Head of Public Debt Management Department of the Ministry of Finance of Armenia Samvel Khanvelyan stated during a plenary session on the topic "Investment Climate in Armenia and  Prospects for the Development of the Capital Markets" within the framework of the first Investment and Financial Forum.

ArmInfo.As a government, we see the need to create conditions and incentives for the development  of the capital market. Deputy Minister of Economy of Armenia Narek Teryan stated during the plenary session on the topic "Investment climate in Armenia and prospects for the development of the capital  markets" within the framework of the first Investment and Financial Forum by.

ArmInfo. Armenia should become one of the leading countries in the world in a number of technological areas, Sevak Hovhannisyan, a member of the working group on science and technology under the RA Prime Minister, a member of the board of I-V Consulting, stated 5 during parliamentary hearings on the prospects for the development of the high-tech sector, on March 5.  

ArmInfo.

ArmInfo.Starting today, ArmSwissBank will support Google Pay for Mastercard cardholders, enabling them to take advantage of simple and secure contactless payments and digital card storage on both Android and Wear OS devices.

ArmInfo.

ArmInfo.

ArmInfo. In Armenia, the number of virtual terminals (vPOS) by 2024 reached 4,518 thousand, of which  over 51% or 2,322 thousand are used in points of trade, catering and services.

ArmInfo.

ArmInfo. Two or three nuclear power units with a capacity of 200 MW each would make it possible to more effectively manage the energy system in Armenia. This was stated at the plenary session of the National Assembly of the Republic of Armenia by  Chairman of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia Garegin Baghramyan.

ArmInfo.At its meeting on February 29, the Government of Armenia approved the proposal to sign  a grant agreement between the Republic of Armenia and the Asian Development Bank "Program for increasing food security adapted to climate change".

ArmInfo.The Government of Armenia accepted a 20% stake in the MTS Armenia company as a gift and  transferred the authority to manage it to the office of the Prime Minister of the Republic of Armenia. The decision was approved on February 29 at a meeting of the Cabinet.

ArmInfo.

ArmInfo.As of January 1, 2024, the total number of cards in the Armenian plastic market reached more than 3.722 million cards,  with a y-o-y growth of 17%. At the same time, micro- processing cards with an NFC chip have increased 3-fold over three years, including by 24% in 2023 (versus 45% in 2022), amounting to 2.6 million cards, with their dominance growing in the total number of cards to almost 70%, by data from the Central Bank of the Republic of Armenia.