Business

Business | 07.07.10 | 10:53

ABBC: Encouragement and support for UK-Armenia business growth

By Gayane Mkrtchyan

An Armenian-British Business Chamber (ABBC) has been established in Armenia, with the purpose of servicing commercial interests and promoting development between the United Kingdom and Armenia.

“The organization has embraced companies that have an Armenian-British origin and operate in Armenia. We should be able to support and bring into a common framework the activities of British companies in Armenia,” ABBC Director General Armine Israelyan told ArmeniaNow.

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Business | 03.06.10 | 12:53

OSCE to promote competitive business environment in Armenia

The OSCE Office in Yerevan and the State Commission on Protection of Economic Competition agreed June 2 to promote a more competitive business environment in Armenia.

The co-operation agreement includes work to strengthen legal frameworks and practice, and to support sustainable socio-economic development.

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Business | 21.05.10 | 14:35

Mobile Wars: Armenia's telecom companies in row over Smartphone sale

By Siranuysh Gevorgyan

Keen rivalry continues among Armenia’s telecom companies as besides offering more competitive price plans and discounts for their customers at least two of them are now also competing in selling mobile phones in their service centers.

Armenia’s largest mobile network operator, Russian-owned VivaCell-MTS, and Orange Armenia, a mobile network launched by the French telecommunications giant in Armenia last November, have recently engaged in fierce competition over the sale of Android-based HTC Smartphones in Armenia.

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Business | 03.03.10 | 11:20

Drivers complain: Gas price hike troubles commuter service industry

By Karine Ionesyan

Drivers of vehicles using natural gas (butane), including a majority of taxis and minibuses, fear that the rise in the tariff announced last week and effective April 1 will have a negative impact on their livelihood.

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Business | 22.02.10 | 10:33

iArmenia: Apple adds ROA to list of app-able countries

From Macworld.com

Armenia is no longer in iObscurity.

Apple has announced Armenia among 13 countries where it has launched local versions of its App Store from where iPhone, iPod and iPad users can download “Apps” – applications for use on their iproducts.

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Business | 03.02.10 | 12:23

Facebook Engagement: Hostel sees benefits of social networks in promoting budget travel in Armenia

By Siranuysh Gevorgyan

A representative of a hostel in Yerevan that claims to be one of the first to start promoting its services through popular social networks online says that having a fan page on Facebook has helped advance the business at home and abroad and make Armenia more recognizable as a travel destination to the foreign market.

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Business | 22.01.10 | 14:17

Fishing for Markets: Armenian hatcheries want to go global

By Gayane Mkrtchyan

A total of 250 small, large and medium-sized fish farms in Armenia have signaled their intention to seek to expand to foreign markets. But the head of the union embracing them says they are meeting difficulties and need state assistance to encompass the task.

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Business | 22.01.10 | 13:20

Web Woes: Lower prices, worse service in Armenia’s new year online

By Sara Khojoyan

Since January 1, internet subscribers in Armenia have paid tariffs reduced from last year’s prices, due to a drop in wholesale prices on the service coming to the country. For example: Web Am is now offering its subscribers six weeks’ service for the same price that a month previously cost (12,000-36,000 drams, or $32-96).

Wireless wars: Competition brings new offers to Armenia’s telecom market

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Business | 18.12.09 | 12:57

No bids for Bjni: Auction for Sukiasyan plant put off in absence of offers

By Gayane Mkrtchyan

The auction for the troubled Bjni mineral water producing company this week fell through after no bidder came forward to buy it.

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Business | 25.11.09 | 16:00

Bad News Through the Grapevine: Spirit sales down, bugs causing problems

By Karine Ionesyan

The Ararat Valley could be deprived of grapes during the upcoming ten years, if fears are realized by some farmers over the spread of a deadly infection.

Phylloxera is caused by an insect that feeds on grape roots, and it spoils the vine within two years. The disease is mainly spread by wind and has been detected in Turkey and in Echmiadzin.

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Business | 24.11.09 | 16:00

Crisis is not a hindrance: Information Technologies keep on developing in Armenia

By Georg Khachaturyan

Participants of an Information Technologies conference in Yerevan say the IT sector in Armenia has grown, despite the world economic crisis.

A the conference put on by Competitive Armenian Private Sector Project (CAPS), funded by the United States Agency for International Development (USAID, USAID’s David Hall said reforms in customs and taxation were among reasons for the growth during difficult financial times.

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More articles

Business

ABBC: Encouragement and support for UK-Armenia business growth

By Gayane Mkrtchyan

An Armenian-British Business Chamber (ABBC) has been established in Armenia, with the purpose of servicing commercial interests and promoting development between the United Kingdom and Armenia.

(1) Comments

Business

Encouraging Knowledge: Armenian Presidential Award goes to world’s leading technology company man

By Suren Musayelyan

Citing the need to attract the attention of Armenian youth towards information technologies, Armenian President Serzh Sargsyan has handed his 2009 award “for a contribution of global significance in the IT area” to an Intel man.

At a ceremony on Monday he described former CEO and Chairman of Intel Corporation’s Board Craig Barrett as “a person who has always been able to look ahead and insist that the future belongs to knowledge.”

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Crisis

Overcoming the crisis: Government says life in Armenia has become better

By Naira Hayrumyan

Armenia’s Finance Ministry this week has reported about an unprecedented 8.8 percent growth of the economy during the first five months of this year. Local television channels keep telling about an improving situation in the country, saying that the crisis is over and all this thanks to the government policies.

Independent economists, however, say that the Gross Domestic Product (GDP) growth is not the result of the government’s economic policy, but is related to the improvement of affairs on the world mining industry market.

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ABBC: Encouragement and support for UK-Armenia business growth

A chamber of commerce is a good idea but the Armenian government has to first shake off it's reputation as a band of lawless thugs before it can hope to attract any worthwhile investment. The country's development has been stymied by its recent past, with even ministers running amok and openly brandishing weapons in public! How can any investor worth his salt possibly invest in those type of...

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