Armenia, Iran discuss possibilities of strengthening logistics ties  between  two countries
 Friday, February 16 2024,

ArmInfo. During his working visit to Iran, Deputy Minister of Economy of Armenia Narek Teryan  held a number of meetings with officials of the Islamic Republic of Iran (IRI).

Which Book to Choose as a Gift for the Book Giving Day? A Piece of Advice from Idram and IDBank
 Friday, February 16 2024,

ArmInfo.The most bookish holiday of the year is almost here: on these days the book is definitely the most bought and gifted item in the town, although you can’t call it an “item”. The special offers of bookstores exceed the New Year promotions, and the book queues remind of the good old days when people stood in line to buy books.

 Friday, February 16 2024,

ArmInfo.

SRC: individuals-residents of Armenia must pay tax on income received  abroad
 Friday, February 16 2024,

ArmInfo. If a citizen works abroad, but is at the same time a resident of Armenia, then he is  obliged to independently calculate and pay income tax on the income he receives from this work, as well as submit an online income declaration to the tax authority of the Republic of Armenia no later  than May 1 of the following year, the State Revenue Committee of Armenia reports.

Expert: SRC should have taxed labor migrants only after large-scale  information campaign for them, which was not done
 Friday, February 16 2024,

ArmInfo. The decision of the State Revenue Committee of Armenia on taxation of labor migrants  and penalties in case of non-payment is extremely unfair. Tatevik Bezhanyan, Advocacy Officer at Armenian Caritas Migration and Development Project , stated during a press conference on February 16.  

Global economic growth to slow -EDB
 Friday, February 16 2024,

ArmInfo. Global economic growth will slow, according to the Macroeconomic Outlook 2024-2026 by  the Eurasian Development Bank (EDB). 

EDB expects fiscal policy to stimulate Armenian economy in 2024 
 Friday, February 16 2024,

ArmInfo.The baseline scenario projects Armenian GDP growth at 5.7% in 2024 and 5.3% in 2025. Inflation could accelerate to  3.6% in  2024 amid continued elevated domestic demand, a moderate weakening of the national currency, and the ongoing cycle of refinancing rate reductions, according to the Macroerconomic Outlook by the Eurasian Development Bank (EDB). 

Armenian Card: arca.am application to stop operating from Apr 15,  2024
 Friday, February 16 2024,

ArmInfo.The Armenian Card CJSC has announced its plans to stop operating the arca.am  application. 

 Thursday, February 15 2024,

ArmInfo.

Bank of Georgia Group PLC announces possible transaction to acquire  Ameriabank CJSC
 Thursday, February 15 2024,

ArmInfo.Bank of Georgia Group PLC ( or ) clarifies recent media rumors regarding a potential transaction involving Ameriabank CJSC (), a leading bank in Armenia, and confirms that "it is in "advanced discussions" regarding its potential acquisition of Ameriabank CJSC."

Armenian insurance sector profit decreased by 33% in 2023
 Thursday, February 15 2024,

ArmInfo. The net profit of the insurance sector of Armenia dropped by 33% in 2023, after a 4.5-fold  increase in 2022. "This resulted from higher reimbursement growth of 30% with a modest 17% increase in premiums.

With HSBC`s withdrawal, Armenia loses last transnational  institutional investor - analysts
 Thursday, February 15 2024,

ArmInfo. The likelihood of attracting a new international brand to the Armenian financial market  is quite low. Economist Haykaz Fanyan expressed a similar opinion on his Facebook page, commenting on the HSBC's withdrawal from Armenian market.

 Thursday, February 15 2024,

ArmInfo.

Armenia amends Gyumri Urban Roads Project agreement with EBRD
 Thursday, February 15 2024,

ArmInfo. On February 15, the Government of Armenia approved the proposal to sign Agreement No. 2  on amending the loan agreement Gyumri Urban Roads Project signed between the Republic of Armenia and the European Bank for Reconstruction and Development (EBRD) on May 11, 2016. 

 Thursday, February 15 2024,

ArmInfo.

Moody`s assigns B2 rating to Electric Networks of Armenia
 Wednesday, February 14 2024,

ArmInfo. Attracting financial resources for the investment program of Electric Networks  of Armenia is the easiest task, but it is much more difficult to organize the work correctly, Director General Karen Harutyunyan told reporters on February 14.

Electric Networks of Armenia CJSC bonds successfully placed 
 Wednesday, February 14 2024,

ArmInfo.The placement of AMD 32bln bonds of Electric Networks of Armenia CJSC was successfully  completed within a short space of time, Director General Karen Harutyunyan told reporters. 

Food Safety Inspection Authority of Armenia responds to  Rospotrebnadzor`s decision to suspended sale of Jermuk mineral water
 Wednesday, February 14 2024,

ArmInfo.Jermuk mineral water has been exported to Russia since 2001, gradually increasing the volume from 350,000 liters to 15,273,000 liters per year, and each imported batch complies with the technical regulations of the Eurasian Economic Union, reads an official statement by the Food Safety Inspection Authority of Armenia. 

 Wednesday, February 14 2024,

ArmInfo.

Within year, TUMO Center for Creative Technologies to open in Los  Angeles
 Tuesday, February 13 2024,

ArmInfo. "4146 Lankershim Blvd, North Hollywood is the new home of TUMO Los Angeles". This  information is posted on the Facebook page of TUMO Center for Creative Technologies.

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