ArmInfo. A "smart" economy requires Artificial Intelligence (AI) technologies, and in this regard, the readiness of banks to implement AI is extremely important. Brett King - world-renowned futurist, the founder of a new  banking concept and bestselling author (Bank 2.0, Bank 3.0, Breaking Banks, Bank 4.0, The Rise of Technosocialism) stated on April 3 during a briefing on the sidelines of the Doing Digital forum in Yerevan.

ArmInfo.

ArmInfo. There is no alternative to digital transformation.  Davit Hovhannisyan, Chief  Information Technology Officer at Ameriabank stated on the sidelines of the Doing Digital forum on April 3 during a conversation with journalists.

ArmInfo. Over the past 3 years, Ameriabank has been intensively pursuing the path of digital  transformation, which is already reflected in the form of concrete results.  Arman Barseghyan, Retail Banking Director at Ameriabank, told reporters on the sidelines of the Doing Digital forum on April  3, noting that digital transformation has been on their agenda for about 8 years.  "According to our understanding, Ameriabank is already a Fintech company," he emphasized.

ArmInfo.The 1.2% deflation in the consumer market of Armenia in March 2024 compared to March 2023  (compared to the 5.4% inflation recorded a year ago) was caused by the drop in food prices. In Q1 2024, inflation was slightly lower than last year's quarterly level - 0.2% versus 0.8%, which was the result of cheaper non-food products. 

ArmInfo. Moscow notes with regret that Yerevan bowed to West's pressure on the issue of servicing cards of the MIR payment system. This was stated on April 3 during a weekly briefing by spokesperson of the Russian Ministry of Foreign Affairs, Maria Zakharova, when asked to comment on the termination of service of MIR cards in Armenia.

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ArmInfo. It is expected that the development of the Amulsar mine will begin at the end of this year or the beginning of next year.  Babken Tunyan, vice-chairman of the NA Economic Affairs Committee, said on April 3 during the discussion of the project to establish a state duty for the export of gold, platinum and palladium ingots.

ArmInfo. Armenia intends to introduce a state duty on the export of gold, platinum and palladium bars. It will be approximately 0.8-1% of their market value. Deputy Minister of Economy Narek Teryan stated at a meeting of the NA Standing Committee on Economic Affairs on April 3 during the discussion of amendments to the law "On State Duty".

ArmInfo.The Government of Armenia has proposed a new mechanism to encourage conscientious  taxpayers. At a meeting on April 3, the RA National Assembly Commission on Economic Issues issued a positive conclusion on the amendments to the Tax Code presented by the government of the country.

ArmInfo. Avanesov. Armenia is being squeezed out of the North- South megaproject, giving way to  Azerbaijan, Doctor of Political Sciences, Professor of the Russian- Armenian University, President of the Institute of Energy Security (Armenia) Vahe Davtyan in his article.

ArmInfo.IDBank and Idram sum up the March program of “The Power of One Dram” initiative, the beneficiary of which, as previously announced, is the environmental non-governmental organization “My forest Armenia”. Companies will direct the gathered amount, AMD 4.017.648, to the growth of Armenia’s forest fund and biodiversity conservation programs.

ArmInfo.On March 30 of this year, the “Face-to-Face: Dialogue of Generations Regional Forum” took place in Vardenis, bringing together hundreds of young people from the regions of Armenia.

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ArmInfo. "Ucom" and "Team Telecom" and "Rostelecom", synchronously with the Ministry of High-Technological Industry, turned off the broadcast of a TV show with the participation of Vladimir Solovyov on "Russia 1". Chairman of the "In the Name of the Republic" party, Arman Babajanyan, wrote on his Facebook page.

ArmInfo. The State Revenue Committee (SRC) of Armenia proposes to tighten the rules for  duty-free import of goods for personal use into the country on foot, establishing more stringent standards than those determined by the Eurasian Economic Commission. "Not only small businesses, but all of  us will be subject to restrictions," Eduard Badalyan, an expert at the human rights organization "Citizen-Taxpayer-Business", said in an interview with ArmInfo.

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ArmInfo.The Board of the Central Bank of Armenia has given preliminary consent to the acquisition of a significant participation in the authorized capital of Ameriabank CJSC by Bank of Georgia Group PLC (BOGG) and Bank of Georgia JSC.

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ArmInfo. It is necessary to take effective steps to improve the quality of products produced in  the country. Deputy Chairman of the RA National Assembly Committee on Regional and Eurasian Integration  Vagharshak Hakobyan told reporters on April 1, answering a question about the increasing number of cases  of refusal to allow products of domestic producers to cross the borders of the EAEU countries.