ArmInfo.Economic activity in Armenia increased by 10.7% in January 2024 compared to January 2023  (versus 10.5% growth a year earlier). In January alone, economic activity decreased by 45.1% (versus a 46.1% decline in January 2023), and the decline was recorded in all areas except the energy complex, according to the  preliminary data from the RA Statistical Committee.

ArmInfo.First Deputy Minister of High-Tech Industry of the RA Gevorg Mantashyan participated in the "Seaside Startup Summit UAE 2024" educational business conference in the emirate of Ras Al Khaimah, United Arab Emirates.

ArmInfo. S&P Global Ratings affirmed its 'BB-/B' long- and short-term foreign- and local-currency sovereign credit ratings on Armenia. The outlook on the long-term ratings is stable.

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ArmInfo.  The Food Safety Inspectorate  did not reveal any violations at the Jermuk Group  enterprise as a result of the inspection. This is stated in the official statement of the Food Safety Inspection Body of Armenia.

ArmInfo.  Within the framework of the EU4Business "Innovative Tourism and Technology  Development for Armenia" (ITTD) project, 150 companies were established, that received technical and financial support, 126 received grants and more than 350 took part in various ITTD programs.  Vassilis Maragos, head of the EU mission in Armenia, announced during the concluding event held at the National Centre of Chamber Music on February 23.

ArmInfo.Business challenges are always many and diverse, regardless of the size of your business, whether it is a company with a large number of employees or a small enterprise, whether it has just opened or has been operating for decades. Whatever priorities and issues you have in your business, IDBank always has a solution. Now let us tell what solutions they are.

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ArmInfo. The Government of Armenia is creating a state non-profit organization (SNCO) G  Solution, responsible for managing information technologies and related systems of the Ministry of Finance and the State Revenue Committee, exchanging data with other departments, performing technical maintenance, as well as performing other functions. The project was approved at a cabinet meeting on February 23.

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ArmInfo. Armenia is ideally positioned to offer India an alternative sea trade route, especially  with Europe, Narek Mkrtchyan, the country's minister for Labor and Social Affairs, said on the sidelines of the ninth edition of the Raisina Dialogue in the national capital on Wednesday.

ArmInfo.Armenian Prime Minister Nikol Pashinyan believes that the current government has  fulfilled its election promise on economic growth.

ArmInfo.Reacting to the objective dissatisfaction of citizens, the Armenian authorities decided not to tax Armenian citizens who went to work abroad for a period specified by law if they paid income tax in the country where the income was received, Chairman of the State Revenue Committee Rustam Badasyan stated on February 23 at a meeting of the Cabinet of Ministers.

ArmInfo. From April 2024, the policyholders will be required to indicate the number of their bank  account (card or current), or the account of their authorized representative in the CMTPL (Compulsory Motor Third Party Liability) agreement. This is noted in the message of the Motor Insurers' Bureau of Armenia received by ArmInfo.

ArmInfo. Prime Minister Nikol Pashinyan's working visit to France continues.As the press service of the RA Premier reports, on the morning of February 22, the Prime Minister visited the "Elite Club of Political Dialogue", where he had a meeting with the heads of a group of large  French companies operating in various fields.

ArmInfo.Russia is ready to develop and expand cooperation with Armenia in the technological  sphere, both in the already planned and in new areas, Russian Ambassador to Armenia Sergey Kopyrkin stated during a meeting with Minister of High-Tech Industry Mkhitar Hayrapetyan. He noted that there is great potential for mutually beneficial and effective cooperation.

ArmInfo. The online service of Telecom Armenia OJSC provides an opportunity for users to purchase  a SIM card in eSIM format through the My Team mobile application, without visiting the service office; remote identification, subscriber registration, and activation of the service occur using a mobile application. The operator provides an opportunity to securely download the application for the eSIM card to the subscriber's  device. 

ArmInfo.Ria Money Transfer international money transfer service has recognized Ardshinbank as the Partner of the Year for achieving great results during 2023 and supporting Ria Money Transfer business growth.

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ArmInfo. On February 19, a memorandum of understanding was signed between the Tourism Committee  under the RA Ministry of Economy and Strategic Development Agency NGO within the framework of "Living Landscapes for Market Development in Armenia" project funded by the Swiss Agency for Development and  Cooperation and implemented by the Armenian Branch of the World Wildlife Fund (WWF-Armenia) in cooperation with Strategic Development Agency (SDA).