ArmInfo. Beeline announces the opening of sales and service offices in almost all administrative centers of Yerevan and regions of the country, in particular in  Vanadzor, Ijevan, Yeghegnadzor, Kapan, Gyumri, Ashtarak, Hrazdan,  Gavar, Armavir and Artashat, which will operate from Monday to Friday  from 11: 00am to 3:00pm.

ArmInfo.Export growth amid a decline in imports reduced the negative balance of Armenia's foreign trade in Q1 2020 by 13.4% per annum, compared with an increase of  5.2% a year earlier.

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ArmInfo.In Armenia, economic activity in January-March 2020 compared to January-March 2019 slowed to 4%.

ArmInfo. The Armenal factory in Yerevan in the first quarter of 2020 produced the largest volume of foil among the RUSAL foil rolling plants. This is evidenced by the  results of the company's production activities in the first quarter  of this year.  

ArmInfo.In the event of a possible consolidation of telecom operators, one of the main  strategic risks is the issue of information security of the RA, while  with three strong telecom operators this risk is reduced and / or  neutralized.

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ArmInfo.  Former director and  founder of one of the largest Armenian telecommunication companies  Ucom Hayk Yesayan founded a new company. He announced this in his  microblog on Twitter. "On April 20, 2020, Alexander Yesayan and I  registered the" OLNET "limited liability company, which will provide  innovative digital telecommunication services to Armenian consumers,"   Yesayan wrote.

ArmInfo.The universal credit company First Mortgage Company (PIK UKK) plans to issue two tranches of registered, coupon, non-documentary bonds with issue volumes of  100 million drams and $ 800 thousand secured by mortgage loans. This  is evidenced by the prospectus for the issue of these bonds posted on  the website of the Central Bank of Armenia.

ArmInfo. In the first quarter of 2020, the insurance sector of Armenia reduced tax payments to the state budget by 15.6% to 534.7 million drams, of which 445.2 million  drams were paid out of direct taxes (including income tax and income  tax).

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ArmInfo.Based on its obligations, the State Revenue Committee of Armenia initiated and submitted for discussion to the public a package of draft laws on  introducing amendments to the RA Bank Secrecy, Insurance and  Insurance Activities Act and amendments to the RA Tax Code.

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ArmInfo.Precious metals prices continue to rise in Armenia, accelerating the weekly growth rate from 0.5% to 2%. In particular, this week all precious metals  showed growth with the exception of palladium, which has maintained a  downtrend from the previous week.

ArmInfo.Contactless payments are more than applicable nowadays. From now on, the limit for making a payment without entering the PIN code for newly issued cards is 20,000 AMD. To pay via IDBank’s Visa payWave cards at different stores, you just need to keep the card near the POS terminal.

ArmInfo. The Armenian government forecasts a negative economic growth of 2% and a budget deficit of up to 5% of GDP. This was announced today by RA Minister  of Finance Atom Janjughazyan, presenting the amendments to the budget  for 2020 approved by the Cabinet of Ministers, dictated by the  uncertainty caused by the COVID-19 pandemic.

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ArmInfo.According to the results of the Q1 of 2020, the actual fulfillment of the state budget in terms of tax revenues amounted to 349 billion drams, exceeding the  target by 9.5 billion drams.  Chairman of the State Revenue Committee  (SRC) of the RA David Ananyan announced this on April 23.

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