YEREVAN, JUNE 24, NOYAN TAPAN. 30 educational institutions (schools, colleges, higher educational institutions) and 52 enterprises (employers) of Yerevan, as well as Shirak, Ararat, Lori and Aragatsotn
YEREVAN, JUNE 23, NOYAN TAPAN. The Interprise Incubator Foundation (EIF) will conduct a study on Armenian IT sector with the assistance of the USAID-financed Competitive Armenian Private
YEREVAN, JUNE 23, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued the "Virgo" silver commemorative coin with a depiction of the Virgo zodiacal sign.
YEREVAN, JUNE 23, NOYAN TAPAN. In the second quarter of 2008, Armenia's economic indices made: the business environment index - 49.1 against 50.5 in the first
YEREVAN, JUNE 21, NOYAN TAPAN. The second draft program on development of Tavush marz (province) was developed and submitted to the RA government. The draft-related proposals
YEREVAN, JUNE 21, NOYAN TAPAN. During the first stage of the program on solid waste management (garbage disposal) in the city of Ijevan, a water-collecting station
YEREVAN, JUNE 20, NOYAN TAPAN. GDO grew by 9.8% in Armenia in January-May 2008 on the same months of last year and made 982 bln 149.4
YEREVAN, JUNE 20, NOYAN TAPAN. Henceforth small and medium entrepreneurs of Armenia will have the opportunity to establish contacts and find partners in the European market
YEREVAN, JUNE 19, NOYAN TAPAN. Egis BSEOM International company (France) has been announced the winner of the tender for advisory services on design and technical control
YEREVAN, JUNE 19, NOYAN TAPAN. A Supreme Council on the Introduction of New Culture of Income Administration has been created in Armenia, the prime minister Tigran
YEREVAN, JUNE 18, NOYAN TAPAN. The June 18 consultation at the municipality of the city of Jermuk with the participation of the president Serge Sargsian was
YEREVAN, JUNE 18, NOYAN TAPAN. The Iranian province of Yazd and Armenia have opportunities of cooperation in mining industry, building stone production, construction, and joint investment activity,
YEREVAN, JUNE 18, NOYAN TAPAN. At the June 18 sitting, the RA State Commission on Protection of Economic Competition recognized Shant Plus and Ashtarak Kat companies
YEREVAN, JUNE 18, NOYAN TAPAN. The RA State Commission on Protection of Economic Competition on June 18 discussed the applications of Internet service providers - Web,
YEREVAN, JUNE 17, NOYAN TAPAN. Tax administration and policy reforms in Armenia should be made simultaneously and fully, because reform implemenation in parts often becomes the cause
YEREVAN, JUNE 17, NOYAN TAPAN. The Armenian prime minister Tigran Sargsian on June 17 had a meeting with the chief of the International Monetary Fund's (IMF)
YEREVAN, JUNE 17, NOYAN TAPAN. Thanks to the negotiations between the IMF and the new government of Armenia in Yerevan on June 11-17, a basis has
YEREVAN, JUNE 17, NOYAN TAPAN. By the 2008 Report on World Trade Promotion of the World Economic Forum (WEF), Armenia is in 61st place among 118
YEREVAN, JUNE 17, NOYAN TAPAN. The information that the Armenian delegation voted for the Azerbaijani proposals at the recent 31st summit of the Black Sea Economic
YEREVAN, JUNE 17, NOYAN TAPAN. There were 115 hotels and hotel-type facilities in Armenia in 2007 - against 95 in 2006 and 76 in 2005. Their
YEREVAN, JUNE 17, NOYAN TAPAN. The State Tax Service has developed and introduced a pilot computer program that selects risk factors, based on which the tax
YEREVAN, JUNE 12, NOYAN TAPAN. The RA ministry of economy will implement the first twinning program in Armenia within the framework of the European Neighborhood Policy
YEREVAN, JUNE 12, NOYAN TAPAN. The design and contents of the Central Bank of Armenia (CBA) website www.cba.am, which was launched in 2000, have been updated,
YEREVAN, JUNE 11, NOYAN TAPAN. "The growth of consumer prices endangers efficient implementation of the poverty reduction program, so this problem is in the center of
YEREVAN, JUNE 11, NOYAN TAPAN. System reforms should be made in the state procurement system, the RA minister of finance Tigran Davtian said at the National
YEREVAN, JUNE 11, NOYAN TAPAN. The village of Teghut with its population of 1,600 has arable lands of 11 ha and personal plots of 71 ha.
YEREVAN, JUNE 11, NOYAN TAPAN. As a result of the secret vote held in the RA National Assembly on June 1, 44-year-old Arthur Javadian has been
YEREVAN, JUNE 11, NOYAN TAPAN. The second international business forum "Asia Society" with the participation of high-ranking officials of various international and regional organizations, and influential businessmen
YEREVAN, JUNE 11, NOYAN TAPAN. Many residents of Noyemberian region prefer to use services of Georgian Airlines rather than Armavia when flying to Moscow. NT correspondent
YEREVAN, JUNE 11, NOYAN TAPAN. At the June 11 sitting, the RA State Commission on Protection of Economic Competition initiated a proceeding based on the publications
YEREVAN, JUNE 11, NOYAN TAPAN. The RA National Assembly on June 11 ratified the Agreement on Social and Legal Guarantees of the CIS Peace Keeping Collective
YEREVAN, JUNE 11, NOYAN TAPAN. The foreign trade of Armenia made 472.3 bln drams or 1 bln 531.4 mln USD in current prices in January-April 2008,
YEREVAN, JUNE 10, NOYAN TAPAN. Russia was the leader by the amount of foreign invetsments in the real sector of Armenian economy in January-March 2008 -
YEREVAN, JUNE 10, NOYAN TAPAN. Russia was the leader by the amount of foreign invetsments in the real sector of Armenian economy in January-March 2008 -
YEREVAN, JUNE 10, NOYAN TAPAN. "The Development of Marketing in the Postal Communication Sector as a Way of Transferring Skills and Experience" seminar of the Regional Cooperation
YEREVAN, JUNE 9, NOYAN TAPAN. The Armenian subsidiary of National Instruments company (US) plans to increase its staff in order to meet growing demand for its
MOSCOW, JUNE 7, NOYAN TAPAN. The ceremony of granting master's degrees and certificates to the first 20 graduates of the joint educational program of Synopsys company,
YEREVAN, JUNE 7, NOYAN TAPAN. Araratbank became an open joint stock company (OJSC) in August 2007 and in December of the same year it already had
YEREVAN, JUNE 7, NOYAN TAPAN. Armenia has some prerequisites for becoming a regional financial center and should also make efforts to become an international financial center, the
YEREVAN, JUNE 7, NOYAN TAPAN. By 2007 results, Armenia's financial sector assets/GDP ratio made 24%, and by this index Armenia is surpassed even by former Soviet
YEREVAN, JUNE 6, NOYAN TAPAN. The government policy in the energy sector will aim to raise energy security which presupposes an extension of ways of importing
YEREVAN, JUNE 6, NOYAN TAPAN. Starting from June 9, Araratbank OJSC will be the first Armenian commercial bank to place nominal nonpaper coupon bonds of 400
YEREVAN, JUNE 6, NOYAN TAPAN. The Armenian, Russian and Iranian experts have already completed technical studies on construction of an oil refinery in Armenia and they
YEREVAN, JUNE 6, NOYAN TAPAN. 31,527 internal tourists (Armenian residents) stayed in shared and individual lodgings in Armenia in the first quarter of 2008. Their number
YEREVAN, JUNE 6, NOYAN TAPAN. 84,234 tourists visited Armenia in the first quarter of 2008 - against 73,188 in the same period of 2007 (15.1% growth).
YEREVAN, JUNE 5, NOYAN TAPAN. The signing of an agreement on free trade between Armenia and the US is one of the key elements of the
YEREVAN, JUNE 5, NOYAN TAPAN. At the June 5 sitting, the Armenian government approved the draft decision on the rules of organizing a tender for granting
YEREVAN, JUNE 5, NOYAN TAPAN. Construction work of 71 bln 132.9 mln drams (over 230.7 mln USD) was done in Armenia in January-April 2008, including building
YEREVAN, JUNE 5, NOYAN TAPAN. By data of the State Register of Legal Entities and Private Businessmen of the RA ministry of justice, 1,199 commercial legal
YEREVAN, JUNE 5, NOYAN TAPAN. Foreign investments in the real sector of Armenian economy (without those through the state government system and the banking system) amounted
YEREVAN, JUNE 5, NOYAN TAPAN. The RA ministry of urban development has 4 priorities in 2008: provision of apartments and certificates for apartment purchase, construction and repairs
YEREVAN, JUNE 5, NOYAN TAPAN. The aim of adopting the law on consumer crediting is to protect the rights of citizens who received credits. The deputy
YEREVAN, JUNE 5, NOYAN TAPAN. The instructions given to ministries are not carried out in time. The Armenian prime minister Tigran Sargsian said at the June
YEREVAN, JUNE 5, NOYAN TAPAN. A new chairman of the Central Bank of Armenia (CBA) will be appointed next week, the deputy chairman of the CBA
YEREVAN, JUNE 5, NOYAN TAPAN. At the June 5 sitting, the government approved the bill on ombudsman of the financial system, the bill on consumer credits
YEREVAN, JUNE 4, NOYAN TAPAN. The state (domestic and foreign) debt of the Republic of Armenia made 553 bln 125 mln drams at the end of
YEREVAN, JUNE 4, NOYAN TAPAN. It is likely that as a result of negotiations between the European Bank for Reconstruction and Development (EBRD) and Dundee Precious
YEREVAN, JUNE 4, NOYAN TAPAN. During the June 4 meeting with the Armenian president Serge Sargsian, famous Argentinean Armenian businessman, chairman of American International Airports company Eduardo
YEREVAN, JUNE 4, NOYAN TAPAN. It is the second year that AEG Service company has provided technical services for in-house gas consumption systems in Armenia. The
YEREVAN, JUNE 4, NOYAN TAPAN. The activity of the tax system, including the state of tax administration, is very far from being satisfactory, the Armenian prime
YEREVAN, JUNE 3, NOYAN TAPAN. The chairman of the RA State Commission on Protection of Economic Competition Ashot Shahnazarian left for Kishinev on June 3 in
YEREVAN, JUNE 3, NOYAN TAPAN. At the June 3 sitting, the Central Bank of Armenia (CBA) Board raised the interest rate of refinancing by 0.25%, fixing
YEREVAN, JUNE 3, NOYAN TAPAN. The monetary base amounted to 404 bln 561 mln drams or about 1 bln 312 mln 231.5 thousand drams as of
YEREVAN, JUNE 3, NOYAN TAPAN. Trade amounted to 397 bln 874.4 mln drams or about 1 bln 905 mln 429 thousand USD in current prices in
YEREVAN, JUNE 3, NOYAN TAPAN. Armenian Railway company was passed to South-Caucasian Railways for concession management on June 1. The RA minister of transport and communication
YEREVAN, JUNE 3, NOYAN TAPAN. Motorways of state importance, transport facilities, and bridges will be repaired and put into operation with more than 11 bln drams
YEREVAN, JUNE 3, NOYAN TAPAN. Industrial production of 226 bln 590.6 mln drams or 734 mln 968 thousand USD in current prices was made in Armenia
YEREVAN, JUNE 2, NOYAN TAPAN. By the balance sheet of the Central Bank of Armenia (CBA) at the end of the first quarter of 2008, the
YEREVAN, JUNE 2, NOYAN TAPAN. 2% growth in the tariffs of services was registered in Armenia in May 2008, which was mainly conditioned by a 7.7%
YEREVAN, JUNE 2, NOYAN TAPAN. The price of gasoline grew by 5.7%, that of diesel fuel by 7.5% in Armenia in May on April 2008.
YEREVAN, JUNE 2, NOYAN TAPAN. The growth of consumer prices and of the settlement exchange rate of the Armenian dram against the U.S. dollar made 7.4%
YEREVAN, JUNE 2, NOYAN TAPAN. 1.3% inflation in Armenia's nonfood commodity market in May on April 2008 was somewhat influenced by the growth in prices of
YEREVAN, JUNE 2, NOYAN TAPAN. Food prices grew by 8.9% in Armenia in May 2008 on December 2007 and by 1% on April 2008. 0.4-11.8% inflation
YEREVAN, JUNE 2, NOYAN TAPAN. The consumer price index made 109.9% in Armenia in May 2008 on May 2007, including the index of food commodity prices
YEREVAN, MAY 30, NOYAN TAPAN. The authorized capital of ArmRusgazprom company has increased and currently makes over 278 billion drams (about 903 mln USD), which is
YEREVAN, MAY 29, NOYAN TAPAN. Armenian businessmen should remember that the state is on their side, the president Serge Sargsian stated at the May 29 meeting
YEREVAN, MAY 29, NOYAN TAPAN. Henceforth the decisions and normative acts of all departments, including Yerevan mayor's office, must be made public and put on the
YEREVAN, MAY 29, NOYAN TAPAN. "Studies show that the price elasticity degree is not satisfactory," the prime minister Tigran Sargsian stated at the May 29 sitting.
YEREVAN, MAY 29, NOYAN TAPAN. An exhibition entitled "New Yerevan" on the real estate market development tendencies in Armenia will be held in Yerevan's North Avenue
YEREVAN, MAY 27, NOYAN TAPAN. The French government will provide a credit of 24.9 mln euros for improvement of water supply in Yerevan. The protocol on
YEREVAN, MAY 27, NOYAN TAPAN. The Japanese government will allocate an additional credit of 10 bln 491 mln yens (about 100 mln USD) for construction of
YEREVAN, MAY 27, NOYAN TAPAN. At the May 27 sitting, the RA State Commission on Protection of Economic Competition considered Dvin Holding - Azotinvest group as
YEREVAN, MAY 26, NOYAN TAPAN. A strong wind and hail at about 3:30 pm on May 26 damaged sown areas and orchards in several villages of
YEREVAN, MAY 26, NOYAN TAPAN. NSBC Bank Armenia CJSC intends to turn its National Service Center to open soon into a regional center providing practical services,
DILIJAN, MAY 26, NOYAN TAPAN. In implementing the work on making Armenia a regional financial center, those responsible will be required not to compare the country
YEREVAN, MAY 26, NOYAN TAPAN. A meeting of officials in charge of the customs services of Armenia and Russia was held in Moscow recently, during which
YEREVAN, MAY 26, NOYAN TAPAN. The fact of stopping the operation of Alaverdi copper foundry by Armenian Copper Program (ACP) CJSC is an attempt to suspend
YEREVAN, MAY 26, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued the "Leo" silver commemorative coin under the international numismatic program "The Zodiacal Signs".
YEREVAN, AUGUST 25, NOYAN TAPAN. A number of problems related to improvement of Armenia's state procurement system were discussed at the August 25 meeting of the
YEREVAN, MAY 24, NOYAN TAPAN. The 2008 state budget envisages allocations for the IT sector for the first time. However, unlike the previous years when the
YEREVAN, MAY 24, NOYAN TAPAN. Armavia airline has aquired a new A-320 plane from Airbus plant on leasing for 6 years. The plane arrived in Zvartnots
YEREVAN, MAY 23, NOYAN TAPAN. After a year's interruption, on May 26, a sitting of the IT Development Support Council (ITDSC) chaired by the Armenian prime
YEREVAN, MAY 23, NOYAN TAPAN. The gross agricultural output of Armenia made 44.8 bln drams (about 120 mln USD) in current prices in January-March 2008, exceeding
YEREVAN, MAY 23, NOYAN TAPAN. The drinking water tariff will remain unchanged in Yerevan until June 2009, the RA Public Services Regulatory Commission decided at the
YEREVAN, MAY 23, NOYAN TAPAN. Issues related to cooperation between Armenia and Iran on financial control and the fight against money laundering and terrorism financing were
YEREVAN, MAY 23, NOYAN TAPAN. The level of inflation is the highest in Azerbaijan among the CIS countries, Rauf Rajabov, editor-in-chief of the information and analytical
YEREVAN, MAY 22, NOYAN TAPAN. The USAID program on commercialization of energy efficiency projects jointy with Ardshininvestbank organized a discussion "First Steps to Energy Efficiency Financing" on
YEREVAN, MAY 22, NOYAN TAPAN. The Armenian government is developing "School Connection" and "Computer to Each" detailed programs, which are being turned into business programs with
YEREVAN, MAY 22, NOYAN TAPAN. The RA National Assembly on May 22 approved the annual report on execution of the 2007 state budget with 84 votes
YEREVAN, MAY 22, NOYAN TAPAN. By the Armenian government's decision, public lavatories have to be installed at filling stations of the country. The RA minister of
YEREVAN, MAY 21, NOYAN TAPAN. The RA ministry of economy has developed a draft document, in which, based on experience of Poland and Hungary, the idea
YEREVAN, MAY 21, NOYAN TAPAN. Traffic problems in Yerevan make citizens nervous and cause serious economic damage to the state, the prime minister Tigran Sargsian said
YEREVAN, MAY 21, NOYAN TAPAN. "The society is concerned about how realistic the Armenian government's programs are and how these programs will be implemented. I think
YEREVAN, MAY 21, NOYAN TAPAN. 415 Holstein, Simmental and Schviz pedigree calves with a high milk yield capacity will be imported this year from Europe into
YEREVAN, MAY 21, NOYAN TAPAN. The RA National Assembly on May 21 completed the discussion of the annual report on execution of the 2007 state budget.
YEREVAN, MAY 20, NOYAN TAPAN. Despite the fact that the Geghanush tailing pit of Deno Gold Mining Company (DGMC) - the former Kapan ore mining and
YEREVAN, MAY 20, NOYAN TAPAN. At the May 20 sitting of the Central Bank of Armenia (CBA) Board, which was conducted by the CBA deputy chairman
YEREVAN, MAY 20, NOYAN TAPAN. HSBC Bank Armenia will join the Armenian Card (ArCA) processing system by the 4th quarter of 2008, which will create an
YEREVAN, MAY 20, NOYAN TAPAN. National Service Center of HSBC Bank Armenia CJSC will open in Yerevan in late May. The center will fulfil many of
YEREVAN, MAY 20, NOYAN TAPAN. One of the most important tasks of the 2008-2012 activity program of the Armenian government is reduction of the poverty indices,
YEREVAN, MAY 20, NOYAN TAPAN. Zvartnots International Airport serviced 372,179 passengers in the first 4 months of 2008, which is more by 41,861 passengers than in
YEREVAN, MAY 20, NOYAN TAPAN. Armenia's GDP grew by 9.3% in January-April 2008 on the same period of 2007 and made 696 bln 104.7 mln drams
YEREVAN, MAY 20, NOYAN TAPAN. The results registered by HSBC Bank Armenia in 2007 were notable in terms of increased investments and the improved quality of
YEREVAN, MAY 20, NOYAN TAPAN. The RA National Assembly on May 20 started discussion of the annual report on execution of the 2007 state budget.
YEREVAN, MAY 20, NOYAN TAPAN. A people, whose sons are not equal before the law and death, will not have a victorious homeland, - with these
YEREVAN, MAY 20, NOYAN TAPAN. VimplelCom OJSC has announced the appointment of Neycho Velichkov as director general of ArmenTEl CJSC - VimpelCom's subsidiary providing communication services under
YEREVAN, MAY 20, NOYAN TAPAN. At the May 20 sitting, the RA Public Services Regulatory Commission approved the rules of provision and use of phone services.
YEREVAN, MAY 19, NOYAN TAPAN. "Gazprom is a stable and long-term partner of Armenia," the RA president Serge Sargsian stated during the May 19 meeting with
YEREVAN, MAY 19, NOYAN TAPAN. Armenian company Mika-Cement has signed an agreement on supply of 200 thousand tons of M-400 and M-500 cement for the construction
YEREVAN, MAY 17, NOYAN TAPAN. The Armenian authorities intend to continue the further deepening of cooperation with the Ara world and Egypt, the Armenian foreign minister
YEREVAN, MAY 17, NOYAN TAPAN. In the framework of the proceedings initiated based on complaints filed by some providers against ArmenTel company, the RA State Commission
YEREVAN, MAY 17, NOYAN TAPAN. The RA State Commission on Protection of Economic Competition has not received any calls about abuse of a competitive position, the
YEREVAN, MAY 17, NOYAN TAPAN. The Second Annual IT Career Fair with the participation of 30 information and communication technology (ICT) companies of Armenia took place
YEREVAN, MAY 17, NOYAN TAPAN. "Only after the Businesswomen Support Foundation-Business Center adjunct to the RA Chamber of Commerce and Industry (CCI) started operating, it became possible
YEREVAN, MAY 16, NOYAN TAPAN. Both state budgetary allocations and foreign investments for restoration of the country's road network are growing year by year, thanks to
YEREVAN, MAY 16, NOYAN TAPAN. State budgetary expenditures in the electric power sector made 28.1 bln drams in 2007 instead of the envisaged amount of 4.1
YEREVAN, MAY 16, NOYAN TAPAN. In 2007, the overall expenditures of agriculture made 8 bln drams (about 27 mln USD), 2 bln drams of which was
YEREVAN, MAY 15, NOYAN TAPAN. 7.6 bln drams (over 22.2 mln USD) was allocated to the ministry of foreign affairs from the state budget in 2007,
YEREVAN, MAY 15, NOYAN TAPAN. It is the second day that prices at Armenia's 214 compressed gas filling stations have been reduced by about 40 drams.
YEREVAN, MAY 15, NOYAN TAPAN. The Japan Bank for International Cooperation (JBIC) will provide an additional credit of 10.5 billion yens for construction of a steam-and-gas unit
YEREVAN, MAY 15, NOYAN TAPAN. Foreign companies receive orders for IT production of 20-30 million dollars a year from Armenian banks, the executive director of the
YEREVAN, MAY 15, NOYAN TAPAN. By the World Economic Forum's index of IT use in state governance and various sectors of economy, Armenia ranks 106th in
YEREVAN, MAY 15, NOYAN TAPAN. The Armenian president will have a meeting with representatives of Armenia's business circles in a few days. During the meeting, some
YEREVAN, MAY 15, NOYAN TAPAN. DigiTec Business forum on the use of IT in various business sectors will be held at Yerevan's Armenia Marriott Hotel on
YEREVAN, MAY 14, NOYAN TAPAN. The state budgetary financing of the education and science sector grew by about 32% or 22.9 billion drams in 2007, the
YEREVAN, MAY 15, NOYAN TAPAN. 1,447 transactions on purchase-sale of private residential houses were concluded in Armenia in the first quarter of 2008, including 321 transactions in
YEREVAN, MAY 14, NOYAN TAPAN. The 2007 state budgetary allocations of 16.7 billion drams for the sphere of culture were almost completely spent, the RA chief
YEREVAN, MAY 14, NOYAN TAPAN. The state budget-financed Public Television of Armenia does not ensure citizens' right to receive free and balanced information, member of the
YEREVAN, MAY 14, NOYAN TAPAN. The 2007 state budgetary allocations for the Public Television and Radio Company were fully spent, the chairman of the council of
YEREVAN, MAY 14, NOYAN TAPAN. A consultation on creation of the Financial Monitoring Center (FMC) - a body for the fight against money laundering and terrorism
YEREVAN, MAY 14, NOYAN TAPAN. The Armenian government has set the goal of implementing a rapid technological transformation of the country and reducing the current technological gap,
YEREVAN, MAY 14, NOYAN TAPAN. 35,085 real estate-related transactions were concluded in the first quarter of 2008: their number grew by 14.1% on the same period
YEREVAN, MAY 14, NOYAN TAPAN. Prices of gasoline and diesel fuel rose by 2.5% and 5.2% respectively in Armenia in April on March 2008.
YEREVAN, MAY 14, NOYAN TAPAN. Industrial production of 168 bln 858.5 mln drams or over 548.1 mln USD in current prices was made in Armenia in
YEREVAN, MAY 14, NOYAN TAPAN. 2.6% growth in the tariffs of services was registered in Armenia in April on March 2008, mainly due to a growth
YEREVAN, MAY 14, NOYAN TAPAN. There was 1.1% and 0.2% growth in consumer prices and the settlment exchange rate of the Armenian dram against the U.S.
YEREVAN, MAY 14, NOYAN TAPAN. The 0.6% inflation in Armenia's non-food commodity market in April on March 2008 was somewhat affected by the growth in prices
YEREVAN, MAY 14, NOYAN TAPAN. The tendency to inflation, which was registered in Armenia's food commodity market in the first three months of 2008, continued in
YEREVAN, MAY 13, NOYAN TAPAN. Within the framework of the proceedings initiated in order to indentify a possible anticompetition agreement in the gas filling market, in
YEREVAN, MAY 13, NOYAN TAPAN. Out of 11,6 bln drams (about 38 mln USD) envisaged by the 2007 state budget for the Armenian government's staff, 11.4
YEREVAN, MAY 13, NOYAN TAPAN. Out of 2.9 bln drams (about 9.5 mln USD) envisaged by the 2007 state budget for the RA National Assembly staff,
YEREVAN, MAY 13, NOYAN TAPAN. 2.8 billion drams was envisaged by the 2007 state budget for the RA president's staff, and this sum was almost completely
YEREVAN, MAY 13, NOYAN TAPAN. The rules of the tender to choose a third mobile phone communication operator in Armenia have not been approved yet. The
YEREVAN, MAY 13, NOYAN TAPAN. The RA Public Services Regulatory Commission will approve the new rules on provision of phone services on May 20, the head
YEREVAN, MAY 12, NOYAN TAPAN. Armenian-Norwegian ADC company plans to start the provision of broadband Internet "triple play" package of services through its channels to both households
YEREVAN, MAY 12, NOYAN TAPAN. Armenian-Norwegian ADC (Armenian Datacom Company) started in Armenia the construction of a third international fiber optic line for data exit and
YEREVAN, MAY 12, NOYAN TAPAN. The shortcomings of the 2007 state budget's execution are mainly related to state procurement, the chairman of the RA Control Chamber
YEREVAN, MAY 12, NOYAN TAPAN. There are some problems with the execution of Armenia's budget in recent years and these problems have had a negative impact
YEREVAN, MAY 12, NOYAN TAPAN. The number of tourists to Armenia made 84,234 in January-March 2008 - against 73,188 in the same period of 2007, with
YEREVAN, MAY 12, NOYAN TAPAN. Trade amounted to 281 bln 942.9 mln drams (about 915 mln 221 thousand USD) in current prices in January-March 2008, increasing
YEREVAN, MAY 12, NOYAN TAPAN. As of March 31, 2008, monetary base made 380 bln 822 mln drams (about 1 bln 236.2 mln USD), declining by
YEREVAN, MAY 12, NOYAN TAPAN. The 13.7% economic growth registered in Armenia in 2007 exceeds the programmed index by 4.7%, while the 2006 index - by
YEREVAN, MAY 12, NOYAN TAPAN. Despite the fact that 2007 was a year of parliamentary elections and preparation for the presidential election, a 33% growth of
YEREVAN, MAY 9, NOYAN TAPAN. The Central Bank of Armenia (CBA) put into circulation a new banknote of the nominal value of 10 000 drams (2008
YEREVAN, MAY 9, NOYAN TAPAN. The exhibition "Construction and Interior" with the participation of 40 Armenian and foreign companies opened at the Hall of Sittings of
YEREVAN, MAY 7, NOYAN TAPAN. The first career fair of the tourism sector with the participation of 25 companies of the tourism sector and higher educational
YEREVAN, MAY 6, NOYAN TAPAN. At the May 6 sitting of the Central Bank of Armenia (CBA) Board, which was conducted by the CBA deputy chairman
YEREVAN, MAY 6, NOYAN TAPAN. 21 credit institutions with their 40 branches operated in Armenia as of March 31, 2008. According to data of the Central
YEREVAN, MAY 6, NOYAN TAPAN. 22 commercial banks with their 358 branches operated in Armenia as of March 31, 2008. According to data of the Central
YEREVAN, MAY 6, NOYAN TAPAN. As of March 31, 2008, the overall assets of Armenian insurance companies made 9,428,936 thousand drams (over 25.3 mln USD) -
YEREVAN, MAY 6, NOYAN TAPAN. The second forum on competitiveness of the Armenian tourism "New Challenges and Markets" was held in Yerevan on May 6 with
YEREVAN, MAY 6, MOYAN TAPAN. "Alpha-Sphere" team of programmers was announced the winner of the first-ever Armenian stage of "Imagine Cup" competition held by Microsoft for
YEREVAN, MAY 5, NOYAN TAPAN. The ceremony of the exchange of the deeds of the Convention between the Armenian and Italian Governments on Exclusion of Double
YEREVAN, MAY 5, NOYAN TAPAN. The European integration should be not a end in itself for Armenia but an instrument of making efficient economic reforms, the
YEREVAN, MAY 5, NOYAN TAPAN. The Small and Medium Entrepreneurship Development National Center (SME DNC) of Armenia along with the Union of IT Enterprises has launched
YEREVAN, MAY 5, NOYAN TAPAN. At the May 5 sitting, the Central Bank of Armenia (CBA) Board raised the refinancing rate by 0.25%, fixing it at
YEREVAN, MAY 5, NOYAN TAPAN. The Armenian government is developing a program aimed at ensuring the availability of a computer in each household of the country.
YEREVAN, MAY 5, NOYAN TAPAN. "I consider it as a challenge that ArmenTel company (Beeline brand) and K-Telecom company (VivaCell brand) are not interested in participating
YEREVAN, MAY 4, NOYAN TAPAN. A special sitting of the RA State Commission on Protection of Economic Competition was held on May 4, during which proceedings
YEREVAN, MAY 4, NOYAN TAPAN. A meeting "without ties" of the heads of the IT sector was held in Tsakhkadzor on May 1-3. The meeting was
YEREVAN, MAY 1, NOYAN TAPAN. The program of the new Armenian government will not have a description of 21st century's economy, as this program gives priority
YEREVAN, MAY 1, NOYAN TAPAN. The structure of the population's employment in any country depends on the economic structure of the given country but in Armenia
YEREVAN, MAY 1, NOYAN TAPAN. In accordance with the requirements of joining the World Trade Organization (WTO), starting from January 1, 2009, it is envisaged to
YEREVAN, MAY 1, NOYAN TAPAN. 6% inflation was registered in Armenia's consumer market in January-April 2008. Inflation in April on March made 1.1%.
YEREVAN, MAY 1, NOYAN TAPAN. Spring sowing started earlier than usual this year due to the unprecedentedly high temperature as compared with the previous years, the
YEREVAN, APRIL 30, NOYAN TAPAN. Levon Barseghian, Seyran Martirosian and Artur Sakunts - members of the Board of Beneficiaries of the Millenium Challenge Fund - Armenia (MCF-Armenia)
YEREVAN, APRIL 30, NOYAN TAPAN. No increase in bus and minibus fares is expected in Yerevan from May 1. NT correspondent was informed by director of
YEREVAN, APRIL 30, NOYAN TAPAN. 66 tractors and combine harvesters of grain and corn will be imported into Armenia in May with grants provided by the
YEREVAN, APRIL 30, NOYAN TAPAN. The price-quality ratio of Armenia's tourist services are quite acceptable to Italian tourists. A 8-day travel from Italy to Armenia costs
YEREVAN, APRIL 30, NOYAN TAPAN. 32 companies of light industry, which were subjected to monitoring by the RA ministry of economy in 2007, manufactured production of
YEREVAN, APRIL 29, NOYAN TAPAN. The first international exhibition of religious tourism will be held in the city of Orlando (Florida, the U.S.) on October 29
YREVAN, APRIL 29, NOYAN TAPAN. With the aim of developing Armenia's tourism sector, the USAID-financed Competitive Armenian Private Sector (CAPS) Program assists both with participation of tour
YEREVAN, APRIL 29, NOYAN TAPAN. The second forum on Armenian tourism competitiveness is scheduled for May 6, and the 2008 Tourism Career Fair will be held
YEREVAN, APRIL 29, NOYAN TAPAN. A British tour operator has started the sale of tour packages for Armenia-Georgia-Turkey route, NT correspondent was informed by Alan Saffery,
YEREVAN, APRIL 29, NOYAN TAPAN. VTB-Armenia Bank, which aims to become one of Armenia's leading banks, has made considerable progress in 2007. The director general of
YEREVAN, APRIL 29, NOYAN TAPAN. VTB Leasing credit and leasing organization, which was registered by the Central Bank of Armenia (CBA) in March and which is
YEREVAN, APRIL 28, NOYAN TAPAN. 91 court decisions were made based on suits filed to courts by the RA State Tax Service (STS) in 2007 and
YEREVAN, APRIL 28, NOYAN TAPAN. Taxes of 75 bln drams (about 241 mln USD) were collected by employees of the RA State Tax Service (STS) in
YEREVAN, APRIL 28, NOYAN TAPAN. People expect changes to be made in tax administration sector too, and Armenia has no right to yield to regional countries
YEREVAN, APRIL 23, NOYAN TAPAN. HayPost and Ingo Armenia companies on April 23 signed an agreement, by which HayPost will offer insurance services to its Armenian
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