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ArmInfo.Jan-Sept 2021 saw a 4.3% increase in economic activity against a 6.7% decline last Jan-Sept, with 7.1% increase recorded in Jan-Sept 2019, before the  COVID-19 pandemic. 

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ArmInfo.The Armenian government approved on Thursday an application by the Pure Land Ltd for being listed among the operators of the Meghri free economic  zone.  The company plans to construct a food packages factory. No  information on investments or any other details is available. The  company will be on the operator list for ten years.  

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ArmInfo.The Armenian government allocated another 400 million drams (about $ 800 thousand) to the administration of the Syunik region for the solution of  priority tasks.  And the S Urban Development Committee  expressed the  hope that in H1 2022 the construction of a residential area in  Shurnukh will be fully completed.

ArmInfo. The Armenian government is considering the possibility of building three more bypass roads in the Syunik region of the republic. Minister of  Territorial Administration and Infrastructures Gnel Sanosyan  announced this at a government session on November 25.

ArmInfo.On November 25, the Armenian government approved a proposal to sign the "Agreement on the Application of Electronic Navigation Seals in the Eurasian Economic Union (EAEU) for Tracking Freight Tracking".

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ArmInfo.The invitation of tenders for the construction of a reservoir in Kaps, a village in the Shirak province of Armenia, got under way on November 1, 2021.   January 10, 2022, is the deadline for submission of tenders, reports  the press service of the RA Ministry of Territorial Administration  and Infrastructures. 

ArmInfo.. The number of vPOS`s is rapidly increasing in Armenia along with traditional POS terminals - a 30% increase in the third three-months period of this year  against the corresponding period of last year (vPOS`s 691 more), with  the number of traditional POS terminals showing a 37% increase (4,710  more POS terminals).

ArmInfo. In Armenia, the total volume of plastic transactions slowed down the y-o-y growth from 32.5% in 9 months of 2020 to 21.6% in 9 months of 2021, amounting to  2.3 trillion AMD (including transactions abroad with cards of  Armenian issuing banks). This is evidenced by the data of the RA  Central Bank.

ArmInfo.Armenia will allocate 25 million euros for the modernization of urban transport. The loan agreement "Yerevan Bus Program" was signed on November 24 at the RA  Ministry of Finance between the Republic of Armenia and the European  Bank for Reconstruction and Development (EBRD).

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ArmInfo.The leading Russian Metrogiprotrans company has won a tender announced by the Yerevan Municipality for the development of the Ajapnyak subway station in  the same name administrative district of the Armenian capital. Mayor  of Yerevan Hayk Marutyan and President of the Board of Directors of  Metrogiprotrans Valeriy Abramson discussed issues of perspective  development of the subway and design work.

ArmInfo.Converse Bank announces Black Friday CashBack action for its Visa Virtual cardholders.