ArmInfo.

ArmInfo.The Armenian government has simplified the procedure for companies' participation in the public procurement process. A similar decision was made at a  cabinet meeting on March 25.

ArmInfo. In Armenia, economic activity in January-February 2021 against January-February 2020 decreased by 6.7%, in February 2021 against February 2020 - by 5.3%,  and only in February increased by 12.4%, against last year's growth  in January -February by 8.7% per annum, the same growth in February  2020 to February 2019, and February growth by 9.2%.

ArmInfo.In the next 5 years in Armenia there will be a need for at least 20 thousand specialists in the field of high technologies. Minister of High-Tech Industry  Hakob Arshakyan wrote about this on his Facebook page.

ArmInfo.For the eighth year running, AraratBank has been honored with STP Quality Award by Austria-based Raiffeisen Bank International AG.

ArmInfo.Ameriabank was named “The Best Bank in Armenia 2021” by Global Finance during its 28th annual awards for the World’s Best Banks. The Bank was awarded in recognition of its achievements, innovative approaches and solutions.

ArmInfo. VTB Bank (Armenia) and Motor Show Kia Motors jointly launch a new car loan program, offering customers a wide selection of KIA cars on unprecedentedly favorable conditions. ArmInfo reported this in the press service of the bank.

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ArmInfo.As stated in the Bank, the nominal coupon bonds of the 21st issue of "National Mortgage Company" RCO CJSC will be listed on March 24 of this year on the Abond platform of the Armenian Stock Exchange. ARARATBANK OJSC — a member of the stock exchange since January 2009 — will act as a market maker of the bonds above.

ArmInfo.

ArmInfo. The first round of public hearings dedicated to the reconstruction of the Kajaran-Agarak section within the framework of Tranche-4 of the construction of the North-South regional road corridor were held in the cities of Kajaran and Meghri,  Syunik region of Armenia.

ArmInfo.The draft concept for assessing state investment programs was discussed today in the government at a meeting chaired by Prime Minister Nikol Pashinyan. It was developed by the Ministry of Economy in cooperation with the International  Monetary Fund.

ArmInfo.Another major and online online game development companies will soon appear in Armenia.  Swedish developer of  online casinos, a  company of  Evolution stated the   intention rto open its representative office. The Minister of Economy of the  country Wagan Kerobyan reported on his page in Facebook.

ArmInfo. At a meeting with the Director of the Armenian Office of the Asian Development Bank (ADB) Paolo Spantigati, RA Deputy Prime Minister Mher Grigoryan expressed gratitude to ADB for the assistance provided to Armenia in the fight against coronavirus, as well as for the constructive cooperation  established over the years.

ArmInfo. The UNDP Sustainable Communities Program, funded by the Russian Federation, announces the launch of the My Village competition to co-finance small agricultural business programs in Armenia.

ArmInfo.

ArmInfo. In February 2021, 1,800 agreements between farmers and insurance companies were concluded in Armenia within the framework of the agricultural  insurance program, while for the whole of 2020 their number was  1,500, Head of the Department for Development of Agricultural  Programs of the RA Ministry of Economy Ira Panosyan said.

ArmInfo.The issue of extending the embargo on imports of Turkish goods to Armenia for another 6 months is currently being discussed. Deputy Minister of  Economy Avag Avanesyan stated this in an interview with reporters on  March 22.

ArmInfo.

ArmInfo. In 2020, Armenia reduced the share of manufacturing in total industrial production from 69.8% to 67.1%. In absolute terms, the manufacturing industry declined from $ 3.057 billion recorded in 2019 to $ 2.825 billion at the end of  2020.