#ARMENIA
Armenia’s state food safety agency tightening grip on meat market
Armenia’s state food safety agency addressed Tuesday economic entities selling fresh and frozen meat urging them to pay special attention to the sanitary, veterinary and hygienic requirements necessary for activity at the market.Expert says the government should support Ashtarak-Kat dairy plant
Inefficient management, the growing number of small competitors, high electricity and gas prices are some of the reasons prompting Ashtarak -Kat (Ashtarak Milk), one of the largest dairy companies of Armenia, to stop activity, Gagik Makaryan, the chairman of the National Union of Employers of Armenia told a news conference today.Armenian ministry urges individuals and legal entities to install standalone solar panels
Armenia’s ministry of energy infrastructure and natural resources has urged today local individuals and legal entities to install standalone solar panels, saying all the prerequisites for it have been created.Consumer lending by Armenian banks grew by one percent to 427.4 billion drams
The overall consumer lending by Armenia-based commercial banks at the end of October 2016 stood 427.4 billion drams, a 1% rise when compared to the beginning of the year, according to the data, released by the Central Bank.Armenian regulator downs its 2016 economic growth outlook to 1.3-1.8%
The Central Bank of Armenia has changed its 2016 outlook for the national economy growth downward – from 2.8-3.4% to 1.3-1.8%, the regulator says in its inflation report based on its monetary policy for the fourth quarter of 2016 and the third-quarter performance of the policy.Karen Karapetian to retain prime-ministerial seat if Armenian republicans win parliamentary elections
Karen Karapetian, Armenian prime minister, will remain in office if the ruling Republican Part of Armenia wins parliamentary elections in April 2017, Serzh Sargsyan, Armenian president who is also the head of the party, said Saturday at the 16th convention of the party.Situation with non-performing loans at Ameriabank 2.5 times better than across the sector
The situation with Ameriabank’s non-performing loans is 2.5 times better when compared to the overall situation within the banking sector of Armenia, Ameriabank director for corporate clients Gagik Sahakyan told a news conference today.Armenia’s diamond-cutting industry’s output by 2020 expected to grow to $350-$400 million
Armenia’s diamond cutting industry’s output by 2020 is expected to grow to $350-$400 million a year, according to Gagik Mkrtchyan, an advisor to the Minister of Economic Development and Investment.News 16501 - 16520 of 18467
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