Business & Economy

There are too many contradictions in Armenia, especially in the field of economy. Sometimes it is impossible to understand anything only based on logical analysis. It doesn’t matter who is speaking about the economic development; whether the representatives of international organizations or not. The World Bank has used the word “Tiger” in its reports covering …

Don’t look for a dictionary. This word-combination means “Large Southern Caucasus Bear”. While “168 Hours” was trying to draw comparisons between the Armenian national currency and the “puppy” in our last edition, the Central Bank suggested comparing it with another animal. The CB has issued 100 dram nominal value coins in honor of the “Large …

According to our sources, the French cement production company “Lafarge” and Armenian businessmen Gagik Tsarukyan and Mikhail Baghdasarov are negotiating, due to the fact that the mentioned French company wants to buy the Armenian cement factories belonging to Mikhail Baghdasarov and Gagik Tsarukyan.

The head of the state customs commission, Armen Avetisyan, doesn’t deny the fact that there is corruption among commission members. He would be surprised if he were told that there has never been corruption since, as he said, corruption has always been an inseparable part of the customs services of the world. He also spoke …

There is a joke: two guys are talking to each other and talking about the funerals of their fathers. One of them says that there were so many people that there wasn’t any free place to stand. The other one says that during the funeral of his father there were so many people there that …

The RA Public Services Regulatory Commission has rejected the proposal of “Armentel” to increase the prices for its communication services. The commission explained that the proposal was not justified for increasing the prices for the mentioned services. The general director of Armentel, Vasilis Fetsis, believes that they will be able to solve the issue with …

During the discussions the commission approved that draft and brought up a decision to reject the proposal of Armentel. The commission informed that the facts brought up by Armentel to increase the prices for its services were not justified. The general director of Armentel, Vasilis Fetsis did not agree with the argument of the commission …

One of my friends used to have a dog. I don’t know what kind of dog it was, but I can say that Armenians call that dog and dogs like that “puppies”. This puppy had an interesting character. Whenever it was alone, it would cuddle up in a corner and tremble with fear, even when …

The Greek “OTE” company made an announcement denying the rumors that the company has already chosen the winner of the contest declared for selling 90% of the shares of “ArmenTel”. According to “Mediamax”, the mentioned statement informs that as soon as the contest is over and OTE makes a final decision, it will inform the …

“Armenian railway” CJSC company may be given managed for a period of 40 years to “a foreign investor or railway administration”. This was what the RA transportation and communication minister, Andranik Manoukyan said during the 41 railway session of CIS and Baltic countries held in Yerevan. “The Armenian government has jointly worked out a program …