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Economy
12:36 20/02/2025SRC reports increase in tax revenues and state dutiesIn January 2025, the State Revenue Committee (SRC) secured 232.8 billion drams in tax revenues and state duties, an increase of 55.2 billion drams or 31.1% from the same period last year.
17:03 18/02/2025ARKA News Agency launches updated banking portal Armbanks.amARKA News Agency announces the launch of the updated banking portal Armbanks.am, which has become more up-to-date and functional.
16:05 13/02/2025ZCMC strike: A provocation by ‘dark forces' or a labor dispute?The protest by employees of the Zangezur Copper-Molybdenum Combine (ZCMC) in Armenia’s Syunik Province, which many initially viewed as an action instigated by provocateurs and former Armenian...
15:35 08/02/20253 Baltic states cut ties to Russian power gridThe flow of electricity between the Baltic countries of Estonia, Latvia and Lithuania and Russia was officially severed Saturday morning after officials switched off the Soviet-era grid’s...
13:33 06/02/2025Armenian economy minister comments on ZCMC workers' strikeArmenian Minister of Economy Gevorg Papoyan on Thursday expressed concern over the ongoing strike by employees of the Zangezur Copper Molybdenum Combine (ZCMC).
11:53 06/02/2025ZCMC management again rejects strikers' pay rise demandThe striking employees of Armenia’s Zangezur Copper Molybdenum Combine (ZCMC) on Wednesday again met with the company’s management but failed to reach an agreement.
12:12 04/02/2025Armenia's Central Bank lowers refinancing rate by 0.25ppAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25pp, setting it at 6.75%.
14:19 03/02/2025Ameriabank secures €105 million loan from EIB Global to boost small and medium-sized businesses in ArmeniaAmeriabank has partnered with the European Investment Bank (EIB Global) to secure €105 million in funding, marking the largest direct loan from EIB Global to a bank in the South Caucasus region.
14:15 03/02/2025Canada and Mexico order retaliatory tariffs on American goodsCanada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump, and businesses and consumers in both countries questioned Sunday how...
18:04 01/02/2025ZCMC leadership accused of repeatedly threatening employeesThe leadership of Zangezur Copper Molybdenum Combine (ZCMC) has resorted to "terrorist tactics" to intimidate its employees, one of them told Panorama.am in response to the company's statement on the...
16:06 31/01/2025Pashinyan: Deadline for submission of income declarations extended until November 1Prime Minister Nikol Pashinyan has announced that the deadline for Armenian citizens to submit annual income declarations has been extended until November 1.
15:13 31/01/2025Byblos Bank Armenia awarded Mastercard's 'Excellence in Premium Value Proposition' prizeByblos Bank Armenia has been awarded Mastercard’s prize for excellence in premium offerings for customers.
16:40 27/01/2025ARARAT Museum awarded with World Travel AwardsARARAT Museum keeps its leading positions in the international contests and gets its 5th recognition from World Travel Awards.
14:05 23/01/2025Report warns of additional risks for Armenia amid possible economic slowdown in RussiaThe sanctions against Russia, combined with the Russian-Ukrainian conflict, are heightening the risk of an economic slowdown in Russia and creating additional challenges for Armenia's economy, the...
13:53 22/01/2025Public transport fare increase in Yerevan based on outdated calculations, expert saysBabken Pipoyan, head of the Informed and Protected Consumer NGO, has criticized the upcoming increase in public transport fares in Yerevan, citing a lack of proper calculations.
13:35 21/01/2025Ex-minister calls for abolishing asset declaration in ArmeniaEconomist Mesrop Arakelyan, a former minister of labor and social affairs, has called for the cancellation of Armenia’s “disgraceful” asset declaration system.
12:30 20/01/2025Bitcoin hits new all-time highBitcoin hit a record high above $109,000 on Monday as Donald Trump, who has signalled plans to deregulate the cryptocurrency sector, prepares to be sworn in as US president, AFP reported.
12:34 16/01/2025Pashinyan, Aliyev among participants of World Economic Forum meeting in SwitzerlandAmid a world being shaped by geopolitical tensions, economic shifts, and technological advancement, the World Economic Forum Annual Meeting 2025 will bring together close to 3,000 leaders from...
15:00 15/01/2025Armenia’s decision on EU entry launch starts EAEU exit, Russian official saysMoscow considers Yerevan’s decision to launch the process of the EU (European Union) entry as a start of Armenia’s withdrawal from the Eurasian Economic Union (EAEU), Russian Deputy Prime Minister...
15:00 14/01/2025Lavrov: Armenia's aspiration to join EU incompatible with EAEU membershipArmenia's membership in the Eurasian Economic Union (EAEU) is incompatible with its desire to join the European Union (EU), as these international organizations operate under different principles,...