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Economy
20:00 18/04/2020Electricity generation at Armenia's solar power plants increased by 50% in January-FebruaryIn January-February 2020, a total of 1 billion 461.3 million kilowatt-hours of electricity was produced in Armenia, increasing by 23.1% to compare with the same period of 2019, Armenia’s National...
14:45 17/04/2020Armenian parliament elects new Central Bank chiefThe Armenian National Assembly voted 104 to 15 to elect Martin Galstyan new Chairman of the Central Bank of Armenia on Friday.
13:04 17/04/2020Armenia seeks €13.4mn loan for lifeline road network improvementArmenia is going to take a loan of 13 million 400 thousand euros from the International Bank for Reconstruction and Development (IBRD) to improve its lifeline road network, Minister of Territorial...
11:21 16/04/2020Apple announces new iPhone SE to target mid-range marketApple has announced a new iPhone SE, reviving a mid-market brand it had discontinued in 2018. It resembles the form of 2017's iPhone 8 with a 4.7in screen, and a fingerprint ID sensor but not a depth...
20:26 15/04/2020Labor migrants can be employed in local construction sector- Suren PapikyanThe Armenian labor migrants who are unable to leave for Russia this year will be involved in the local construction sector, the Minister of Territorial Administration and Infrastructure Suren...
19:26 15/04/2020PM says the country may face difficulty in forming strategic grain reserveThe Armenian government has addressed issues of foot supply chain and food safety on number of occasions, and studies have revealed that the country has a high level of self-sufficiency in food...
16:50 15/04/2020Hermès Boutique in China made $2.7 million in one day after it reopenedThe day one of Hermès’ Chinese flagship stores reopened after the coronavirus quarantine, the company reportedly pulled in $2.7 million in sales, Footwear News reported.
12:06 15/04/2020UN chief responds to Trump: 'Not the time' to reduce funds for WHONow is a time for unity in the global battle to push the COVID-19 pandemic into reverse, not a time to cut the resources of the World Health Organization (WHO), which is spearheading and coordinating...
20:44 14/04/2020Belarus president in favor of more adaptive price for natural gasBelarus President Aleksandr Lukashenko believes there are unresolved problems in the sphere of energy industry and prices for energy resources.
17:15 14/04/2020Government expands the scope of beneficiaries to help with utility billsThe government adopted on Tuesday the twelfth measure aimed at neutralizing the economic impact of the coronavirus outbreak for approval of government members.
19:10 13/04/2020“Armenia” airlines cancel all regular flights“Armenia” airlines have cancelled all regular flights until May 15, the air carrier said in a released statement on Monday.
18:12 13/04/2020FAO addresses agricultural land abandonment in ArmeniaThe Food and Agriculture Organization of the United Nations (FAO) continues helping Armenia’s Ministry of Economy address agricultural land abandonment, affecting approximately one-third of all...
16:16 13/04/2020Spain allows partial return to work as coronavirus casualty figures improveSpain allowed some employees to return to work in factories, offices and on construction sites on Monday, as restrictions were eased in non-essential industries amid the coronavirus pandemic,...
14:39 13/04/2020Armenian government to help certain citizens with utility billsAt a special cabinet meeting on Monday, Deputy Prime Minister Mher Grigoryan presented the eleventh measure to neutralize the economic impact of the coronavirus outbreak for approval of government...
11:01 13/04/2020Oil jumps after OPEC and allies agree to historic production cutOil prices moved higher early Monday morning stateside after OPEC and its allies agreed to cut production by 9.7 million barrels per day.
10:46 13/04/2020Exports of essential foodstuffs from EAEU banned for three monthsImports of some food and agricultural products from third countries to the Eurasian Economic Union (EAEU) territory will be exempt from customs duties by June 30, a video posted on the Facebook page...
12:51 11/04/2020More than 11 thousand families received social assistance - PMAs part of the government programme aimed at neutralizing the economic impact of COVID-19, around 12 billion 300 million drams have been provided as quick support to specific social groups, Armenian...
20:33 10/04/2020Decision on tariffs on natural gas transportation in EAEU postponed by two weeksPrime ministers of the Eurasian Economic Union member states approved in general a draft strategy on advancing Eurasian integration in the period till 2025 on 10 April, the Chairman of the Board of...
19:24 10/04/2020Donations for Armenia coronavirus efforts reach around 887 million AMDArmenia’s ministry of finance informs that as available since March 17, 2020, the treasury account 900005001947, referred to as “Financial assistance to the state from individuals and organizations...
12:41 10/04/2020IMF forecasts for Armenia's economy amid coronavirus pandemicThe Armenian authorities have requested an increase in financial support provided by the International Monetary Fund (IMF) for the country and, pending Executive Board approval, around $280 million...