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Economy
18:06 03/05/2021Converse Bank: Summarizing the results of the campaign dedicated to Women's HolidaysConverse Bank has summarized the results of the campaign dedicated to Women's Holidays. The bank offered its female customers an opportunity to make non-cash purchases with Woman's Card payment cards...
18:07 28/04/2021The opening of the Turkish border at present may harm Armenian farmers - Robert KocharyanArmenia's ex-president Robert Kocharyan believes the opening of the border with Turkey at present poses risks to the Armenian agricultural sector, and specifically for farmers of Ararat valley.
15:34 28/04/2021European parliament votes through Brexit deal with big majorityThe European parliament has given its overwhelming backing to the Brexit trade and security deal, prompting senior figures on both sides to speak of hope for a “new chapter” of friendly relations...
13:40 27/04/2021Robert Kocharyan: There is possibility to restrain the inflation"We have the opportunity to restrain the inflation and it is possible to do so within a short period of time - in one moth," Armenia's former President Robert Kocharyan stated on Monday during the...
11:33 27/04/2021Turkey announces "full lockdown" to curb COVID spreadTurks will be required to stay mostly at home under a nationwide "full lockdown" starting on Thursday and lasting until May 17 to curb a surge in coronavirus infections and deaths, President Tayyip...
19:23 23/04/2021EBRD will support Armenia Securities Exchange to develop the strategy of Armenia’s capital marketWithin EBRD’s continuous commitment and support to the development of capital markets of Armenia, and considering the recent developments, EBRD has confirmed a new technical assistance program to...
15:43 22/04/2021Philip Lynch: Success is in things that can be controlledWatch the second part of the interview with Philip Lynch, Independent Board Member at Ameriabank. Topics covered: development trends of the Armenian economy, success formula of Ameriabank, in...
14:00 22/04/2021IMF expects Armenia's economy to grow by 1% in 2021Armenia’s economy is set to start recovering in 2021 from the impact of the COVID-19 pandemic and the military hostilities in late 2020, the International Monetary Fund (IMF) said in a statement,...
19:01 21/04/2021Gurgen Khachatryan. Despite the difficulties, we managed to overcome the crisis at UcomCo-founder of Galaxy Group of Companies and Chairman of the Board of Directors of Ucom, Gurgen Khachatryan, has released a statement today, which reads, “Around this time a year ago, active attempts...
15:12 17/04/2021Employees of Sotk gold mine block the road and railway leading to the mine - Taguhi TovmasyanIndependent lawmaker Taguhi Tovmasyan reports that dozens of employees of Sotk gold mine have blocked the roadway and the railway leading to the mine, demanding the payment of their full salaries.
19:46 15/04/2021Philip Lynch provides estimates on Armenia’s economyPhilip Lynch, Ameriabank’s Independent Board Member, has been in finance for over 30 years. His estimates and analysis of the Armenian economy are very interesting. Can Armenia adopt the Asian...
18:55 14/04/2021Ameriabank launches placement of new bond issues for USD 20 million and AMD 5 billionAmeriabank is placing new issues of AMD and USD registered coupon bonds for USD 20 million and AMD 5 billion respectively, the Bank said in a released statement.
15:42 12/04/2021Eurobonds issued by the Republic of Armenia are now traded on Armenia Securities ExchangeArmenia Securities Exchange onboarded Armenian Eurobond (ISIN: XS2010028939, Ticker: EUBDB5) to start trading on its platform.
17:28 08/04/2021World food prices rise for 10th month in a row – FAOWorld food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said...
12:26 07/04/2021Armenian currency depreciated by 5 drams in just 5 days, says former officialArmenia's national currency, the dram, has heavily depreciated in just five days, the former chief of staff of Armenia’s Constitutional Court and former ambassador to Poland, Edgar Ghazaryan, said on...
17:38 05/04/2021US dollar rate increased in Armenia by around 8% in MarchThe prices of non-food products have increased by 8.4% in March 2021 against March 2020 data, while the inflation against the previous month stood at 1.6%, according to the latest the data published...
10:15 05/04/2021LG shutting down its smartphone business as losses mountLG Electronics said on Monday it would close down its loss-making smartphone business, BBC News reported.
17:49 01/04/2021Economist: Russian gas price for Armenia still uncertainThe price of Russian natural gas supplied to Armenia is still uncertain, economist Suren Parsyan said on Thursday.
16:47 31/03/2021Sharp economic contraction, increased poverty and a fiscal deterioration in Armenia - World Bank reportArmenia's economic decline of 2020 will reach the mark of 7.6% and recover up to 3.4% in 2021, according to the World Bank’s latest economic update for Europe and Central Asia.
19:29 29/03/2021Fitch forecast Armenia's debt to GDP ratio to peak at 67.6% at the end of 2021Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B+' with a stable outlook.