YEREVAN, MARCH 19, NOYAN TAPAN. The composite economic indices calculated by the Central Bank of Armenia (CBA) showed a considerable growth in the first quarter of
MEGHRI, MARCH 19, NOYAN TAPAN. Following the Iran-Armenia gas pipeline opening ceremony on March 19, an agreement on cooperation for construction and operation of hydropower plants on
YEREVAN, MARCH 19, NOYAN TAPAN. The first stage of constrcution of a 1.7 mln dollar enterprise generating electricity from methane started in Yerevan with funds of
YEREVAN, MARCH 19, NOYAN TAPAN. The EU TACIS Program will implement a regional development program in Vayots Dzor and Ararat marzes. Within the program's framework, work
MEGHRI, MARCH 19, NOYAN TAPAN. On March 19, at 2:20 pm the official ceremony of opening the Iran-Armenia gas pipeline took place. The Armenian president Robert
YEREVAN, MARCH 19, NOYAN TAPAN. After a long decline, in the last ten days the US dollar to some extent restored its value against the Armenian
YEREVAN, MARCH 19, NOYAN TAPAN. About 15 thousand user of water supply services in Yerevan have not installed water meters and pay for services depending on
YEREVAN, MARCH 19, NOYAN TAPAN. Asphalt laying work and repairs of manholes and breast-walls have already started in Yerevan. Deputy Mayor of Yerevan Vano Vardanian said
MEGHRI, MARCH 19, NOYAN TAPAN. The opening ceremony of the Iran-Armenia gas pipeline which was scheduled for early March 19, did not take place yet, as
YEREVAN, MARCH 16, NOYAN TAPAn. At the March 16 sitting, the Millennium Challenge Account (MCA) - Armenia SNCO Management Board approved the third allocation bid to
YEREVAN, MARCH 16, NOYAN TAPAN. The Armenian president Robert Kocharian on March 16 received the World Bank Regional Director Donna Dowsett-Coirolo and the newly appointed Director of
YEREVAN, MARCH 16, NOYAN TAPAN. Armenia has the highest program implemenation index among countries of the International Development Association (IDA). The World Bank Regional Director Donna Dowsett-Coirolo
YEREVAN, MARCH 16, NOYAN TAPAN. In the recent months, about 400 users of the Internet via phone received bills from ArmeTel for international calls which were
YEREVAN, MARCH 15, NOYAN TAPAN. The Iran-Armenia gas pipeline will be put into operation on March 19 with the participation of the presidents of the Republic
YEREVAN, MARCH 15, NOYAN TAPAN. "The monument to the victims of the Holocaust and the Armenian Genocide erected in Yerevan is important for me because it
YEREVAN, MARCH 15, NOYAN TAPAN. The launching of the ferry link Port Kavkaz - Poti, which was scheduled for March 15, is delayed. Head of Transportation
YEREVAN, MARCH 15, NOYAN TAPAN. The first shipment of cigars of unique trade mark "Yerevancigar" made at Tabacalera la Flor de Santo Domingo Plant will be
YEREVAN, MARCH 14, NOYAN TAPAN. Property of only 2 mln drams out of the bankrupt airline Armenian Airways' property of the total value of 38 mln
YEREVAN, MARCH 14, NOYAN TAPAN. No Armenian airline has been granted a licence for operation of Yerevan-Van charter flight. Aram Marutian, Head of the RA Civial
YEREVAN, MARCH 14, NOYAN TAPAN. The socioeconomic situation in Kotayk marz and programs on its further improvement were discussed by the Armenian president Robert Kocharian and
YEREVAN, MARCH 14, NOYAN TAPAN. The issue of obstacles in the process of granting entry visas by foreign diplomatic services accredited in Armenia was the key
YEREVAN, MARCH 14, NOYAN TAPAN. In January 2007, Armenia's foreign trade amounted to 94 bln 761.5 mln drams or 260.3 mln USD. According to the RA
YEREVAN, MARCH 13, NOYAN TAPAN. The March 7 statement of the US government's National Drug Administration which banned the import of Armenian mineral water "Jermuk" to
YEREVAN, MARCH 13, NOYAN TAPAN. The Armenian president Robert Kocharian on March 13 had a farewell meeting with Hasan Al Atrash, Head of the International Monetary
YEREVAN, MARCH 13, NOYAN TAPAN. The achievements and problems of Ararat marz were discussed during the March 13 working meeting of the Armenian president
YEREVAN, MARCH 13, NOYAN TAPAN. At the suggestion of the RA Ministry of Agriculture, the US Department of Agriculture's Caucasus Agricultural Development Initiative (USDA/CADI) has developed the
YEREVAN, MARCH 13, NOYAN TAPAN. Economic struggle has been started against "Jermuk" mineral water, and it is necessary to use some other internationally recognized brand so
YEREVAN, MARCH 13, NOYAN TAPAN. The US dollar's appreciation in Armenia in recent days is conditioned by the upcoming parliamentary elections. Economist Eduard Aghajanov said at the
YEREVAN, MARCH 13, NOYAN TAPAN. In January 2007, the total amount of services provided in Armenia made 34 bln 17.5 mln drams (over 93.5 mln USD),
YEREVAN, MARCH 13, NOYAN TAPAN. In 2006, 381,136 tourists visited Armenia against 318,563 tourists in 2005: the growth made 19.6%. According to reports submitted by hotels
YEREVAN, MARCH 13, NOYAN TAPAN. In January 2007, the RA budgetary expenditures made 18 bln 595.1 mln drams (over 51 mln 126 thousand USD), increasing by
YEREVAN, MARCH 13, NOYAN TAPAN. In January 2007, trade turnover in Armenia made 72 bln 123.2 mln drams (about 198.3 mln USD), increasing by 4.7% on
YEREVAN, MARCH 13, NOYAN TAPAN. In 2006, 307,973 internal tourists (Armenian residents) stayed at collective and individual tourist lodgings in Armenia, which is by 14% more than
YEREVAN, MARCH 12, NOYAN TAPAN. An agreement on implementation of joint programs was recently signed by the "Independent Analyses Efficiency and Competitiveness Center" Fund of the Union
YEREVAN, MARCH 12, NOYAN TAPAN. Armenian tour operators will participate for the first time in "Topresa" annual tourism exhibition to be held in the French city
YEREVAN, MARCH 12, NOYAN TAPAN. As of December 31, 2006, 23 insurance companies operated in Armenia against 13 ones as of the same day of 2005.
YEREVAN, MARCH 12, NOYAN TAPAN. At the March 12 sitting, the RA Public Services Regulatory Commission approved ArmRusgazprom's investment program of 68 bln 232.6 mln drams (192.2
YEREVAN, MARCH 10, NOYAN TAPAN. Aristomene Varudakis, of Greek descent, was appointed the new director of the World Bank Armenia Office. WB Yerevan Office Acting Director
YEREVAN, MARCH 10, NOYAN TAPAN. Vice Chairman of the Millennium Challenge Corporation (MCC) John Huko was present at the March 9 sitting of the Millennium Challenge
YEREVAN, MARCH 9, NOYAN TAPAN. Production of Jermuk Group company is not harmful to health. Edgar Ghazarian, advisor to the company president, told this to NT
YEREVAN, MARCH 9, NOYAN TAPAN. The Asian Bank's Board of Directorts will, in all likelihhod, approve a 66 mln dollar credit program and a 2 mln
YEREVAN, MARCH 9, NOYAN TAPAN. The World Bank allocated a prepayment of 1 million USD with the aim of additional financing of the program on development
YEREVAN, MARCH 7, NOYAN TAPAN. At the March 7 sitting, the Armenian government approved the bill on making an amendment to the RA Law on State
YEREVAN, MARCH 7, NOYAN TAPAN. During the March 7 meeting with heads of over 20 farms, the Armenian President Robert Kocharian said that a hot time
YEREVAN, MARCH 7, NOYAN TAPAN. The international cigar festival "High Smoke" will be held in Yerevan on March 10, during which 4 Armenian cigar importing and
YEREVAN, MARCH 7, NOYAN TAPAN. In February 2007, the RA Ministry of Finance and Economy granted 3 licenses for organization of prize games and one casino
YEREVAN, MARCH 6, NOYAN TAPAN. During the March 6 sitting of the Armenian Development Agency (ADA) Board, which was conducted by the board chairman, RA prime
YEREVAN, MARCH 6, NOYAN TAPAN. The RA Ministry of Transport and Communication has not been informed about tariffs of Port Kavkaz-Poti ferry cargo transportations neither by
YEREVAN, MARCH 6, NOYAN TAPAN. The RA Public Services Regulatory Commission started examining the bid submitted by Yerevan Water company, which proposes raising the tariff of
YEREVAN, MARCH 6, NOYAN TAPAN. The social and economic state of Gegharkunik marz was discussed at the March 5 working meeting of the Armenian president Robert
YEREVAN, MARCH 5, NOYAN TAPAN. Armenia is in 74th place in the world by tourism competitiveness. NT was informed about it from the research center "Economy
MOSCOW, MARCH 5, NOYAN TAPAN. The Armenian delegation headed by Serge Sargsian, secretary of the National Security Council under the Armenian president, RA defence minister, co-chairman of
YEREVAN, MARCH 5, NOYAN TAPAN. Sulphur dioxide emissions from the Alaverdi Copper Smelting Complex amount to 24 thousand tons annually, for which Armenian Copper Program (ACP)
YEREVAN, MARCH 5, NOYAN TAPAN. Construction done in Yerevan has become more controllable and there are no cases of latge-scale unauthorized construction. Hrachia Muradian, Chief Advisor to
YEREVAN, MARCH 5, NOYAN TAPAN. Measures of the target program "Tsakhkadzor as Tourism Center in line with International Standars" will continue until 2015. Mekhak Apresian, Head
YEREVAN, APRIL 3, NOYAN TAPAN. "The RA Public Services Regulatory Commission has made a great progress, and we anticipate to continue working with it in the
YEREVAN, MARCH 2, NOYAN TAPAN. Ameria CJSC in cooperation with Universalia Management Group (Canada) has implemented the evaluation of the Technical Assistance Program of the Japan Policy
YEREVAN, MARCH 2, NOYAN TAPAN. By the March 1 decision of the Central Bank of Armenia (CBA) Board, the bank's annual interest rate has been set
YEREVAN, MARCH 2, NOYAN TAPAN. It is envisaged that tour operators from a number of countries will visit Armenia within the framework of cooperation with the
YEREVAN, MARCH 2, NOYAN TAPAN. It is planned to complete the construction of a ropeway in Jermuk in late 2007 with the aim to prolong the
YEREVAN, MARCH 2, NOYAN TAPAN. Investments of 12 bln 065.7 mln drams (about 34.4 mln USD) will be made in Electric Networks of Armenia company this
YEREVAN, MARCH 2, NOYAN TAPAN. It is envisaged to construct and put into operation 52 small hydropower plants, including 36 ones on natural water flow, in
YEREVAN, MARCH 2, NOYAN TAPAN. In January 2007, 487.7 mln drams (about 1.341 mln USD) of budgetary resources was allocated for servicing of the RA state
YEREVAN, MARCH 2, NOYAN TAPAN. In January 2007, the RA state budgetary revenues from customs duties made over 1.5 bln drams (over 4.1 mln USD), exceeding
YEREVAN, MARCH 2, NOYAN TAPAN. In January 2007, non-tax revenues of the RA state budget made 7.2 bln drams (about 19.8 mln USD), which ensured a
YEREVAN, MARCH 2, NOYAN TAPAN. In January 2007, tax revenues of the RA state budget made over 28.1 bln drams (about 77.26 mln USD), which ensured
YREVAN, MARCH 2, NOYAN TAPAN. In January 2007, the RA state budget was fulfilled with a 21.8 bln dram surplus (without inflow of financial resources by
YEREVAN, MARCH 2, NOYAN TAPAN. Priority problems of Lori marz were discussed at the March 1 meeting of the RA President Robert Kocharian and the Lori
YEREVAN, MARCH 2, NOYAN TAPAN. In January 2007, expenditures of 18.6 bln drams (about 44 mln USD) were made at the expense of the RA state
YEREVAN, MARCH 1, NOYAN TAPAN. A 0.2% inflation registered in the Armenian consumer market in February 2007 was accompanied by a 2.1% decline in the settlement
YEREVAN, MARCH 1, NOYAN TAPAN. In January 2007, the state budgetary revenues of the RA made over 40.4 bln drams (about 111.1 mln USD), while budgetary
YEREVAN, MARCH 1, NOYAN TAPAN. Food commodity prices grew by 0.2% in Armenia in February 2007. According to the RA National Statistical Service, 30.1% price growth
YEREVAN, MARCH 1, NOYAN TAPAN. A 1.2% and 2.2% decline in prices of gasoline and diesel fuel respectively was registered in Armenia in February 2007.
YEREVAN, MARCH 1, NOYAN TAPAN. A 0.3% price fall was registered in the Armenian non-food commodity market in February 2007, which is mainly conditioned by 0.7-2.2%
YEREVAN, MARCH 1, NOYAN TAPAN. In January 2007, the gross agricultural output of Armenia made 14 bln drams (about 40 mln USD), exceeding by 3.5% the
YEREVAN, MARCH 1, NOYAN TAPAN. Greece envisages to implement a five-year program on developement of the economies of developing countries. The program is now at the
YEREVAN, MARCH 1, NOYAN TAPAN. A 2.6% grwoth was registered in the Armenian consumer market in January-February 2007 on December 2006. According to the RA National
YEREVAN, MARCH 1, NOYAN TAPAN. During the February 28 working meeting of the Armenian President Robert Kocharian and Chairman of the Central Bank of Armenia (CBA)
YEREVAN, FEBRUARY 28, NOYAN TAPAN. In January 2007, construction of 3 bln 808 mln drams (about 10.5 mln USD) was done in Armenia, including construction of
YEREVAN, FEBRUARY 28, NOYAN TAPAN. Industrial production of 45 bln 38.4 mln drams or about 124.8 mln USD was made in Armenia in January 2007. Production
YEREVAN, FEBRUARY 28, NOYAN TAPAN. The International Financial Corporation (IFC) will provide a 11 million US dollar credit to the Armenian airline Armavia. Gerome Souklal, IFC Regional
YEREVAN, FEBRUARY 28, NOYAN TAPAN. Property of the total amount of 38 mln 751 thousand drams (about 110 thousand USD) of the bankrupt airline Armenian Airways
YEREVAN, FEBRUARY 28, NOYAN TAPAN. By late 2007, Armeconombank envisages to increase the amount of its mortage credits to 12 million dollars, while mortgage crediting period
YEREVAN, FEBRUARY 27, NOYAN TAPAN. OMX AB, a Swedish-Finnish company of financial services, has submitted to the Central Bank of Armenia (CBA) its business proposals on development
YEREVAN, FEBRUARY 27, NOYAN TAPAN. Problems of Armavir marz were discussed during the working meeting of the Armenian President Robert Kocharian and the regional governor of
YEREVAN, FEBRUARY 27, NOYAN TAPAN. The RA National Assembly on February 27 passed 15 bills and legislative packages discussed the day before. Most of these bills
YEREVAN, FEBRUARY 27, NOYAN TAPAN. The RA National Assembly on February 27 passed 15 bills and legislative packages discussed the day before. Most of these bills
YEREVAN, FEBRUARY 27, NOYAN TAPAN. Shen Concern CJSC is the first company to issue corporate bonds after receiving a rating of the Central Bank of Armenia
YEREVAN, FEBRUARY 27, NOYAN TAPAN. A credit agreement of 2 million USD was signed between Armeconombank and the International Financial Corporation (IFC) on February 27. Armeconombank's Executive
YEREVAN, FEBRUARY 26, NOYAN TAPAN. Armenian Copper Program (ACP) company produced about 8.8 thousand tons of black cooper and processed 48,224 tons of concentrate in 2006
YEREVAN, FEBRUARY 26, NOYAN TAPAN. Yerevan Mayor's Office envisages to implement construction, improvement and repair work of 7.2 bln drams (about 20 mln USD) in 2007.
YEREVAN, FEBRUARY 23, NOYAN TAPAN. In the opinion of Chairman of the Central Bank of Armenia (CBA) Tigran Sargsian, the financial systems of Armenia, Georgia and
YEREVAN, FEBRUARY 23, NOYAN TAPAN. The Millennium Challenge Program envisages allocating 236 mln USD to Armenia in order to develop infrastructures and reduce poverty in rural
YEREVAN, FEBRUARY 23, NOYAN TAPAN. Armenia is prepared to fight against bird flu, a widespread disease in the world. The RA Minister of Agriculture Davit Lokian
YEREVAN, FEBRUARY 23, NOYAN TAPAN. Unfavorable weather conditions prevented the Iran-Armenia gas pipeline from being put into operation ahead of the date envisaged by the agreement -
YEREVAN, FEBRUARY 23, NOYAN TAPAN. Within the program on fight against bird flu in Armenia, the USAID on February 23 donated laboratory equipment and other items
YEREVAN, FEBRUARY 23, NOYAN TAPAN. Armeconombank has become the first Armenian bank to receive E+ stability rating and B1 rating of long-term deposits in Armenian drams
YEREVAN, FEBRUARY 23, NOYAN TAPAN. The second international exhibition "Interprint 2007" with the participation of 18 Armenian and foreign companies will be held at the Moscow
YEREVAN, FEBRUARY 22, NOYAN TAPAN. At the Feruary 22 sitting, the Armenian government approved the bill on making amendments and additions to the RA Law on
YEREVAN, FEBRUARY 22, NOYAN TAPAN. The order of subsidizing economic entities of the agriculatural sector was approved at the February 22 sitting of the Armenian government.
YEREVAN, FEBRUARY 22, NOYAN TAPAN. At the February 22 sitting, the Armenian government approved the 2007 complex program on development of the real estate cadastre financed
YEREVAN, FEBRUARY 22, NOYAN TAPAN. Gazprom OJSC intends to increase its holding of ArmRusgazprom CJSC from 57.6% to 80% by 2009. Regnum information agency reported citing
YEREVAN, FEBRUARY 22, NOYAN TAPAN. "Today we depend seriously on one country - Russia, which is considered a strategical ally but this alliance can change at
YEREVAN, FEBRUARY 21, NOYAN TAPAN. At the February 21 special sitting, the RA National Assembly passed about 20 bills and legislative packages discussed the day before.
YEREVAN, FEBRUARY 21, NOYAN TAPAN. According to the press service of the RA State Customs Committee (SCC), improper fulfilment of their tasks by a number of
YEREVAN, FEBRUARY 21, NOYAN TAPAN. At the February 21 special sitting RA NA adopted over two dozens of bills and legislative packages. Bill "On Making Amendments
YEREVAN, FEBRUARY 21, NOYAN TAPAN. Armenia's GDP grew by 11.9% in January 2007 on the same month of last year and made 83 bln 771 mln
YEREVAN, FEBRUARY 20, NOYAN TAPAN. At the February 20 closed-door sitting, the RA Constitutional Court decided that the obligations stipulated in the loan agreement "Production Infrastructures Restoration
YEREVAN, FEBRUARY 19, NOYAN TAPAN. The RA Minister of Finance and Economy Vardan Khachatrian is in Manila (Philippines) on February 19-23 to participate in negotiations with high-ranking
YEREVAN, FEBRUARY 19, NOYAN TAPAN. The fourth international economic forum "Kamurj 2007" ("Bridge 2007") started in Tsakhkadzor on February 17. About 300 representatives from 7 countries, including
YEREVAN, FEBRUARY 17, NOYAN TAPAN. The Russian Ministry of Atomic Energy expressed interest to get permission of conducting exploration work at uranium mines of Armenia." The
ATHENS, FEBRUARY 17, NOYAN TAPAN. At the sitting of the commission coordinating international motor transportation between Armenia and Greece, which was held in Athens on February 14-15,
YEREVAN, FEBRUARY 16, NOYAN TAPAN. Most of payments made through the payment systems of the Central Bank of Armenia (CBA) in 2006 was through the electronic
YEREVAN, FEBRUARY 16, NOYAN TAPAN. In 2006, a growth of operations through various payment systems and by means of payment instruments was registered in Armenia. According
YEREVAN, FEBRUARY 15, NOYAN TAPAN. The World Bank (WB) allocated a 2 mln USD grant to Armenia with the aim of implementation of the program to
YEREVAN, FEBRUARY 15, NOYAN TAPAN. "When Vympelcom company - the owner of 90% of ArmenTel's shares renounced all monopolies, I'll agree with sale of 10% shares
YEREVAN, FEBRUARY 15, NOYAN TAPAN. Yerevan-Batumi-Yerevan direct railway communication will reopen this summer. The RA Minister of Transport and Communication Andranik Manukian told reporters on February 15
YEREVAN, FEBRUARY 15, NOYAN TAPAN. More than 300 representatives of private companies, departments, chambers of commerce and industry and business unions of Armenia, Germany, Kazakhstan, Poland, Russia,
YEREVAN, FEBRUARY 15, NOYAN TAPAN. 30 companies - participants of the "Made in Armenia" exhibition held in Toronto on January 18-20 reached agreements to export Armenian production
YEREVAN, FEBRUARY 13, NOYAN TAPAN. In 2006, the RA state debt servicing expenditures made 9 bln drams (over 21 mln 632.5 thousand USD), as a result
YEREVAN, FEBRUARY 14, NOYAN TAPAN. The first conference of the Financial Action Task Force (FATF) and the CE Committee of Experts on the Evaluation of Anti-Money
YEREVAN, FEBRUARY 14, NOYAN TAPAN. At the February 14 sitting, the court of first instance of Yerevan's Kentron and Nork-Marash communities again postponed the examination of
YEREVAN, FEBRUARY 14, NOYAN TAPAN. Tony Moroyan, Chairman of the Organizing Committee of the first Armtech 2007 congress on Armenian high technologies to be held in
YEREVAN, FEBRUARY 14, NOYAN TAPAN. This year the Armenian government will provide gratis 1,400 tons of seeds of barley, corn, and some herbs for spring sowing
YEREVAN, FEBRUARY 14, NOYAN TAPAN. Ensuring further progress in the Armenian high-tech sector will be the main subject of the first Armtech 2007 congress (conference and exhibition)
YEREVAN, FEBRUARY 14, NOYAN TAPAN. This year it will be possible to take rodent control measures on lands of the total area of about 160 thousand
YEREVAN, FEBRUARY 14, NOYAN TAPAN. In 2006, the gross agricultural output of Armenia made 555.9 bln drams (about 1.5 bln USD), which exceeds by 0.4% the
YEREVAN, FEBRUARY 14, NOYAN TAPAN. In 2006, the total amount of ArmenTel company's revenues from services to the population, institutions and organizations made 126 bln 158.6 mln
YEREVAN, FEBRUARY 13, NOYAN TAPAN. Representatives of the international bank ABN AMRO were recently on a working visit to Armenia with the aim of installing the
YEREVAN, FEBRUARY 13, NOYAN TAPAN. The 2004-2007 program of socioeconomic development of Yerevan has been completely implemented. Deputy Mayor of Yerevan Kamo Areyan stated at the February
YEREVAN, FEBRUARY 13, NOYAN TAPAN. Work on preparing the National Competitiveness Report is being completed at the research center "Economy and Values". The center's director Manuk Hergnian
YEREVAN, FEBRUARY 13, NOYAN TAPAN. The ferry link "Port Kavkaz - Poti" will be put into operation on March 15. The memorandum on it was signed
YEREVAN, FEBRUARY 13, NOYAN TAPAN. The international tender for passing the Armenian railway for concessional management will be announced in July. The RA Minister of Transport
YEREVAN, FEBRUARY 13, NOYAN TAPAN. The issue of construction of the Iran-Armenia railway is being discussed, and the Armenian side is seeking sources of its financing.
YEREVAN, FEBRUARY 13, NOYAN TAPAN. Projects of Yerevan's agglomeration are developed within the framework of the program of measures on Yerevan's Master Plan. Chief Architect of Yerevan
YEREVAN, FEBRUARY 13, NOYAN TAPAN. The 2007-2011 medium term program on construction of transport nodal points, highways and pedestrian crossings was developed by Yerevan Mayor's Office. Chief
YEREVAN, FEBRUARY 13, NOYAN TAPAN. In 2006, over 89.2 bln drams (about 214 mln 402.5 thousand USD) was allocated from the RA state budget for financing
YEREVAN, FERUARY 13, NOYAN TAPAN. In 2006, subsidies of 19.9 bln drams (about 47 mln 632 thousand USD) were allocated from the RA state budget. These
YEREVAN, FEBRUARY 12, NOYAN TAPAN. In 2006, the RA Ministry of Finance and Economy granted 648 licences by simple procedure. According to the ministry's press service,
YEREVAN, FEBRUARY 12, NOYAN TAPAN. The natural food suppliment "Apricotabs" made of Armenian apricots caused great interest at Expo 2007 recently held in Canada, Director General of
YEREVAN, FEBRUARY 12, NOYAN TAPAN. The case of Royal Armenia is the first one when a private company declined to give a bribe to employees of
YEREVAN, FEBRUARY 12, NOYAN TAPAN. Experts of International Civil Aviation Organization (ICAO) will visit Armenia in June to conduct an audit of aviation safety work. Aram
YEREVAN, FEBRUARY 12, NOYAN TAPAN. The number of transit flights through the air space of Armenia has grown by 300% since 1996. 70-80 flights are made
YEREVAN, FEBRUARY 12, NOYAN TAPAN. Repairs of the 3,220-meter runway of Gyumri's Shirak Airport will start in May. Head of the RA Civil Aviation Main
YEREVAN, FEBRUARY 12, NOYAN TAPAN. RA Civil Aviation General Department introduced a report to RA government proposing the latter making a decision on either privatizing Stepanavan airport
YEREVAN, FEBRUARY 9, NOYAN TAPAN. Observations of fruit gardens and vineyards in Ararat and Armavir marzes showed that these gardens and vineyards were not affected by
COLOMBO, FEBRUARY 8, NOYAN TAPAN. The Armenian Ambassador to India Ashot Kocharian was on a working visit to Colombo, the capital city of Sri Lanka, on
YEREVAN, FEBRUARY 8, NOYAN TAPAN. In 2006, expenditures of more than 454.1 bln drams (about 1 bln 91 mln 482 thusand USD) were made at the
YEREVAN, FEBRUARY 8, NOYAN TAPAN. In 2006, the state budgetary revenues of the RA from capital operations made about 16 bln drams (about 38 mln 458
YEREVAN, FEBRUARY 8, NOYAN TAPAN. It is envisaged that by late 2008 Cornet AM provider company owned by the Russian-British company Callnet will be able to
YEREVAN, FEBRUARY 8, NOYAN TAPAN. According to the RA Law on 2007 State Budget of the RA, at the February 8 sitting the Armenian government approved
YEREVAN, FEBRUARY 8, NOYAN TAPAN. This year the tariff of irrigation water will not increase, remaining the same - 8 drams (about 0.02 USD) for a
ASHTARAK, FEBRUARY 7, NOYAN TAPAN. Aragatsotn marz will be completely provided with gas supply within the next three years. The regional governor Gabriel Gyozalian told this
YEREVAN, FEBRUARY 7, NOYAN TAPAN. The appreciation of the Armenian dram has not yet seriously affected competitiveness of Armenian goods. The International Monetary Fund (IMF) Representative to
YEREVAN, FEBRUARY 6, NOYAN TAPAN. Microsoft intends to conduct scientific studies in Armenia. Grigor Barseghian, Director of Microsoft RA company - Microsoft's Armenian representative, stated this at
YEREVAN, FEBRUARY 6, NOYAN TAPAN. Considetabel work in Armenia, a country famous for its brandy, is being done to make Armenian wines also popular in the
YEREVAN, FEBRUARY 6, NOYAN TAPAN. Microsoft is taking mmeasures so that in Armenia computers will be sold with the company's licensed software. Grigor Barseghian, Director of Microsoft
YEREVAN, FEBRUARY 6, NOYAN TAPAN. Today Armenia has much potential for receiving considerable revenues in the tourism sector. For this purpose the state should conduct an
YEREVAN, FEBRUARY 6, NOYAN TAPAN. The Armenian Institute of Tourism - the Armenian branch of the Russian International Academy of Tourism is the only regional higher
YEREVAN, FEBRUARY 6, NOYAN TAPAN. 5,940.8 mln kwh of electricity was generated in Armenia in 2006, which is by 5.9% less than the respective index of
YEREVAN, FEBRUARY 6, NOYAN TAPAN. In 2006, the RA state budgetary revenues from state duties made about 19 bln drams (45.7 mln USD), as a result
YEREVAN, FEBRUARY 6, NOYAN TAPAN. The total amount of fixed payments from various kinds of activity made over 15.1 bln drams (aout 36.3 mln USD) in
YEREVAN, FEBRUARY 5, NOYAN TAPAN. In 2006, 17.9% of the RA state budget's tax revenues was at the expense of profit tax, which made more than
YEREVAN, FEBRUARY 5, NOYAN TAPAN. 45.5% of the RA state budget's tax revenues collected in 2006 was at the expense of value added tax (VAT), which
YEREVAN, FEBRUARY 5, NOYAN TAPAN. Construction of 35 bln 439.4 mln drams, or 5.7% of the total volume of construction in the country, was done in
YEREVAN, FEBRUARY 5, NOYAN TAPAN. In the opinion of the CBA Chairman Tigran Sargsian, in 2006 - the first year of CBA's inflation targeting policy, they
YEREVAN, FEBRUARY 5, NOYAN TAPAN. It is expected that within a month OMX AB, a Swedish-Finnish company providing financial services, will present its business proposals on development
YEREVAN, FEBRUARY 5, NOYAN TAPAN. The Chairan of the Central Bank of Arenia (CBA) Tigran Sargsian considered the entry of Credit Agricole Bank (France) into the
YEREVAN, FEBRUARY 5, NOYAN TAPAN. The Central Bank of Armenia (CBA) in cooperation with KfW Bank (Germany) and the Association of Professional Participants of Mortgage Market
YEREVAN, FEBRUARY 5, NOYAN TAPAN. In 2006, construction of 623 bln 111.5 mln drams (more than 1 bln 497.7 mln USD) was done in Armenia, including
YEREVAN, FEBRUARY 5, NOYAN TAPAN. According to the Central Bank of Armenia (CBA), in 2006, the total amount of non-official transfers (remittances by natural persons) from
YEREVAN, FEBRUARY 5, NOYAN TAPAN. The Millennium Challenge Corporation (MCC), on behalf of the US government, has transferred the second tranche of 270 thousand 835 USD
YEREVAN, FEBRUARY 5, NOYAN TAPAN. In 2007, legislative steps will taken so that all big shops will shift to the system of cashless servicing of customers.
YEREVAN, FEBRUARY 5, NOYAN TAPAN. The owner of Armenian Converse Bank's control packet of shares is the Advanced Global Investments LLC American company, which, according to
YEREVAN, FEBRUARY 5, NOYAN TAPAN. In 2006, the tax revenues of the RA state budget made 364.9 bln drams (more than 877 mln USD), thanks to
YEREVAN, FEBRUARY 2, NOYAN TAPAN. 381,136 tourists visited Armenia in 2006 against 318,563 tourists in 2005: the growth made 19.6%. According
YEREVAN, FEBRUARY 2, NOYAN TAPAN. In 2006, metal ore extraction in Armenia made 109 bln 304.8 mln drams (about 262 mln 727 thousand USD), exceeding by
YEREVAN, FEBRUARY 2, NOYAN TAPAN. The process of implementing the programs with funds of the Lincy Foundation was discussed at the February 2 sitting of the
YEREVAN, FEBRUARY 2, NOYAN TAPAN. In 2006, production of Armenia's chemical industry made 14 bln 495.8 mln drams (more than 34 mln 842 thousand USD), or
TALIN, FEBRUARY 2, NOYAN TAPAN. Work on gas supply provision, road construction, repairs of irrigation and drinking water networks is currently being done in 21 rural
TALIN, FEBRUARY 2, NOYAN TAPAN. The Armenian government started implementing a pilot subsidizing program in Aragats region of Aragatsotn marz and Chambarak region of Gegharkunik marz. By
YEREVAN, FEBRUARY 2, NOYAN TAPAN. The 2.4% inflation registered in the Armenian consumer market in January 2007 on December 2006 was accompanied by a 0.2% fall
YEREVAN, FEBRUARY 2, NOYAN TAPAN. The 0.4% growth in tariffs of services to the Armenian population in January 2007 was mainly conditioned by the growth in
YEREVAN, FEBRUARY 2, NOYAN TAPAN. A 0.8% price fall was registered in Armenia's non-food commodity market in January 2007, which was mainloy due to a 5.7%
YEREVAN, FEBRUARY 2, NOYAN TAPAN. Prices of food commodities grew by 5% in Armenia in January 2007, which is by 0.1% lower than the index of
YEREVAN, FEBRUARY 2, NOYAN TAPAN. This year Armenia participated for the first time in the congress of the World Federation of Tourist Guide Associations (WFTGA), whch
YEREVAN, FEBRUARY 2, NOYAN TAPAN. A 5.7% and 1.9% fall in price for petrol and diesel fuel, respectively, was registered in January in Armenia.
YEREVAN, FEBRUARY 2, NOYAN TAPAN. No monitoring of underground waters has been done in Armenia for the past 14 years. Whereas, as T. Lennarts, Technical Director
YEREVAN, FEBRUARY 1, NOYAN TAPAN. In 2006, industrial production of 643 bln 503.7 mln drams (about 1 bln 546.7 mln USD) was made in Armenia. Production
YEREVAN, FEBRUARY 1, NOYAN TAPAN. At the February 1 sitting, the Armenian government approved the 2007 program of Armenian tourism development and the list of measures
YEREVAN, FEBRUARY 1, NOYAN TAPAN. In 2006, the RA state budgetary revenues made over 438.7 bln drams (more than 1 bln 54 mln USD), while expenditures
YEREVAN, FEBRUARY 1, NOYAN TAPAN. A 2.4% inflation was registered in the Armenian consumer market in January 2007 on December 2006, which is by 0.1% lower
YEREVAN, FEBRUARY 1, NOYAN TAPAN. Output of about 100 million USD was produced in Armenia's information technology sector in 2006. The RA Deputy Minister of Trade
YEREVAN, FEBRUARY 1, NOYAN TAPAN. A GPS - Global Positioning System, which can be also used via mobile phones, will be introduced in Armenia this year,
YEREVAN, FEBRUARY 1, NOYAN TAPAN. A big international jewelry exhibition will be held in Yerevan in mid October 2007. The Armenian Jewelers Association (AJA) is the
YEREVAN, FEBRUARY 1, NOYAN TAPAN. It is envisaged that in February the Armenian government will make a decision on creation of the Gem and Jewelry Making
YEREVAN, FEBRUARY 1, NOYAN TAPAN. On January 31, Argentine Armenian businessman Eduardo Ernekian bought 100% shares of Converse Bank. Noyan Tapan correspondent was informed about it by
YEREVAN, JANUARY 31, NOYAN TAPAN. In 2006, the Armenian gem and jewelry sector's production made 88 bln drams or about 211.5 mln USD, which is less
YEREVAn, JANUARY 31, NOYAN TAPAN. By the 2007 RA state budget, 35 mln drams (about 97 thousand USD) has been allocated to the Armenian Tourism Development
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