Business & Economy

“What would you do if you had ten million AMD?” Currently, many people have been asking this question to one another. Most people who haven’t thought about this seriously say that they will either buy an apartment or a car. What if this money is in your hands? Now there are many people in Armenia …

The 15th session of the“Hayastan” All-Armenia Fund, headed by RA president Robert Kocharyan, began with a moment of silence and condolences for the victims of the plane crash in Sochi. The introductory speech in the beginning of the session was short and didn’t take that long, “The fund is already a stable institution and is …

Actually, the number of foreign cars in Yerevan is almost close to the actual number of Soviet cars. “A car is not a luxury, but rather a means of exchange.” If my memory serves me right, Ford said these words. He wanted to make a car affordable for all levels of society. For Armenians, a …

The prices for gasoline in Armenia depend on world prices for oil, and at this rate, gasoline prices will be increased in Armenia. Recently, the prices increased by 10%. Currently, one liter of “Premium” gasoline is 370 AMD. “Flash” company, which controls over 30% of import, assures that if the international price for oil continues …

The Internal Revenue Service of Armenia (IRS) has already published the list of the biggest taxpayers for the first trimester of the year, but this time there aren’t 300 companies in the list, but rather1000 companies. According to official information, the taxes paid covered 43,2 billion AMD. As for these 1000 taxpayers, they paid 61.219 …

As for our economy, there isn’t anything to be proud of. We say that there is a lack of natural resources in our country, but there are rare fields, where we have developments. for instance, mineral water, brandy and stone production. During the past couple of years (i.e. during Kocharyan’s term as president) something new …

Mineral water is one of those rare products that Armenia does not import. Even though you can sometimes see mineral water made in other countries sold in big shops, this is not imported with the purpose of doing business, but rather with the purpose of increasing reputation. Armenia is one of those rare countries that …

The RA agriculture ministry has warned farmers about the possible weather that may threat to agriculture. According to their information, the temperature will rapidly go down on April 27. The ministry of agriculture has informed all corresponding regional representations to be ready. The ministry hasn’t made any predictions on how much agriculture will suffer but …

The RA Internal Revenue Service (STS) has published the list of the biggest taxpayers of the first three months of 2006. The main difference of this list from the previous ones is that this list includes 1000 tax payers, when this number used to be 300 before. They did this with the purpose of enabling …

It’s kind of strange to see a dead real estate market in Yerevan, Armenia. Real estate agencies say that it has been more than six months that the number of their sale deals have gone down almost by fifty percent. Notary officers say the same. Those who are engaged in real estate business divide the …