Economy
.jpg "PSRC proposes to keep gas tariff for common consumers unchanged, offers hike for agricultural sector and big consumers")
01/06/2020 14:06PSRC proposes to keep gas tariff for common consumers unchanged, offers hike for agricultural sector and big consumersIn its application Gazprom Armenia offered to set 135,900 AMD for each 1,000 cubic meters of gas for the consumers using up to 10,000 cubic meters of gas monthly against current 139,909 AMD..jpg "Natural gas supply to Armenia to be suspended temporarily due to construction works on trunk pipelines")
01/06/2020 13:28Natural gas supply to Armenia to be suspended temporarily due to construction works on trunk pipelinesDuring this period the consumers will be ensured with gas supply without limitations..jpg "Social condition of population keeps on worsening: Vanetsyan")
30/05/2020 20:40Social condition of population keeps on worsening: Vanetsyan“The social condition of the population keeps on worsening. Finding daily bread has become the most difficult issue for a person. Today people in Armenia do not live good while for me it is clear that a person in Armenia must live good. Consider this to be my chief goal I have defined for me, if want consider it to be my dream. I assure you that I will not spare an effort to reach this dream,” he said..jpg "Assistance to already operating micro-businesses to be more effective than providing money to beginners: economist")
27/05/2020 16:04Assistance to already operating micro-businesses to be more effective than providing money to beginners: economist“There must be certain criteria and control. These funds are the ones paid by tax-payers and there is always a danger of spending them ineffectively. Consequently, if the government provides grant someone for doing business, it must clearly set what expectations it has and in what way it will get the sum back in case of failure,” he said..png "AmCham Appreciates its Members Donations to fight against COVID-19 around: 750,000 USD in Armenia and 1 B USD Globally")
27/05/2020 12:57AmCham Appreciates its Members Donations to fight against COVID-19 around: 750,000 USD in Armenia and 1 B USD GloballyAmCham is an excellent source of information on Armenian business community..jpg "Record drop in energy investment, warns International Energy Agency")
27/05/2020 12:46Record drop in energy investment, warns International Energy AgencyBefore the pandemic, funding was set to rise 2%, but now it’s predicted to plunge 20%, says the International Energy Agency (IEA)..jpg "Samvel Avanesyan appointed Artsakh Republic Minister of Labor, Social Affairs and Housing")
27/05/2020 12:30Samvel Avanesyan appointed Artsakh Republic Minister of Labor, Social Affairs and HousingOn 27 May President Arayik Harutyunyan signed a decree..jpg "Toyota to start export of Russia-produced cars to Armenia")
26/05/2020 18:40Toyota to start export of Russia-produced cars to Armenia“Armenia will become the third international market for export after Belarus and Kazakhsran. By the end of 2020 about 250 Camry and RAV4 cars assembled in St. Petersburg factory are expected to be exported to Armenia,” company representative said..jpg "Seventeen percent of Armenian companies record 90-100% consumption decline")
26/05/2020 18:35Seventeen percent of Armenian companies record 90-100% consumption declineSome 50-80% of reduction has been recorded among 32% companies, another 25% suffered 10-30% of consumption decline..jpg "USA to allocate additional $1 million assistance to Armenia to fight coronavirus pandemic")
21/05/2020 17:08USA to allocate additional $1 million assistance to Armenia to fight coronavirus pandemic“This new money brings our total assistance for COVID-related activities up to $5,4 million,” the ambassador said..jpg "Tourism sector is in lockout but it is possible to save it: Mekhak Apresyan")
19/05/2020 17:42Tourism sector is in lockout but it is possible to save it: Mekhak ApresyanHe said the shadows in the sector will be brought to minimum and interesting tax-budget mechanisms will be applied..jpg "IMF Executive Board approves $280 million emergency funding for Armenia")
19/05/2020 16:23IMF Executive Board approves $280 million emergency funding for ArmeniaThe impact of the COVID-19 pandemic and the tightening of global financial conditions have disrupted Armenia’s above-trend growth and favorable economic conditions. The near-term outlook has significantly weakened, with fiscal and current account deficits widening considerably this year..jpg "Russian president: Uniform tariff on gas transit in the EAEU cannot be applied in the current level of integration")
19/05/2020 14:48Russian president: Uniform tariff on gas transit in the EAEU cannot be applied in the current level of integrationHe said Armenia and Belarus do not accept the common formula for EAEU countries on gas pricing offered by the EAEU Development Strategies by 2025..jpg "Pashinyan: Quick formation of common energy market an urgent issue for Armenia")
19/05/2020 14:15Pashinyan: Quick formation of common energy market an urgent issue for Armenia“As I have noted many times the joint energy market must not be discriminative, it must become one of the basis of our integration. It is impossible to reach high-quality progress in the integration processes without it. The creation of equal conditions for the economic activity of all the participants of the union is impossible without it,” Pashinyan said..jpg "The Union of Employers of Armenia has expressed concern over the events surrounding the management of Ucom")
18/05/2020 17:05The Union of Employers of Armenia has expressed concern over the events surrounding the management of Ucom"Ucom is widely popular and is known as a highly efficient organization, and in this regard, we have to ensure that its day-to-day business and reputation are not damaged," the statement said.
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