Business & Economy

The experts of the Forex Club met with journalists and spoke about the economy of Armenia. Of course the information they published (especially the part about Armenia) was no news for the journalists. The new thing was that it is possible to quote positive and optimistic opinions about the economy of Armenia even by bringing …

“There is still a long way to pass before being able to move forward,” said the head of the Mckinsey & Company Dominique Barton. This company has 96 offices in 50 countries of the world and provides advisory support and expertise to a variety of governments and successful companies operating in different sectors in the …

Armenia’s natural gas operator ArmRosGazprom CJSC paid a total of 12.9 billion Drams in various taxes in the first nine months of the year, more than any other company, the State Revenue Committee said in a report. According to the report, the total amount of taxes paid by Armenia’s largest corporate taxpayers grew by 18% …

All the 1000 major taxpayers of Armenia have jointly paid 318.5 billion AMD worth of tax for the period of the first 9 months of this year. This amounts to over 72% of the total tax collected in Armenia. In January-September of 2010 the state budget of Armenia had received 441.1 billion AMD tax and …

In September the agriculture economies started the purveyance of grapes to wine production companies. As always the authorities assured that there would be no problems with it. According to the information of the agriculture minister, this year we will have 125.000 tons of grapes. The announced minimum price was 120. The cognac factory of Yerevan …

Rumors say that within the framework of the money collection organized by the Hayastan All-Armenian Fund, many businessmen who have promised to donate money change their minds later and don’t give any money. Such rumors mainly concern the owner of BAMO company Murad Muradyan. “He promised 600k dollars. We have received the half of the …

The Pan-Armenian National Fund collected 15,870k dollars last year, which was used mainly for the reconstruction of Shushi. A lot of works have already been done with this money in Shushi. They have finished the construction of three roads, including the infrastructure, and now they are reconstructing two other roads. They are reconstructing the school …

Quite recently interesting news has appeared in the media about Thailand. The minister of finances of this country has participated in the filming of a soap opera as an actor in order to help the economy of the country. By the way, in the soap opera he plays the role of a person stranded in …

Yesterday the Armenian press published very interesting information. Specifically, the Haykakan Zhamanak writes that according to their reliable sources of information, the corresponding departments of the European Union and World Trade Organization have decided to sue Armenia for violating the free trade rules. “It is about the difference of the cigarette and vodka imported and …

Yesterday the official statistics publicized it regular information for the first 9 months of the current year. Let us mention in advance that the macroeconomic indices are not very encouraging. The rate of the economic growth has slowed down and for January-September has reached 2.8%. Let us remember that for January-August it was 3.1%; a …