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Business

China's antitrust regulators considering levying a record fine against Alibaba

China's antitrust regulators are considering levying a record fine against Alibaba exceeding the US$975 million that Qualcomm paid in 2015 over anticompetitive practices, so far the largest in China’s corporate history,” TASS reported, referring to The Wall Street Journal.

12.03.2021, 10:51

Business

Armenia to switch to new system of labeling dairy products

To meet a requirement of the Eurasian Economic Union (EEU), Armenia will switch to a new labeling of dairy products starting from January 2019, the chairman of the State Food Safety Service, Georgy Avetisyan, said at a meeting with producers of dairy products today.

30.07.2018, 17:43

Economy

DFA signs 15.5 million USD worth investments memoranda

Speaking at a live news conference today the CEO of Business Armenia Armen Avak Avakian said 16.3 million USD worth exports and 46.8 million USD investments will be implemented with the support of the Development Foundation of Armenia (DFA), whose board of trustees is headed by Prime Minister Karen Karapetyan.

27.03.2018, 16:19

Business

Armenian law eases tax burden for small entrepreneurs

At an extraordinary meeting today Armenia’s National Assembly has passed in the second and final reading a string of amendments to the law "On Customs Regulations".

28.09.2016, 17:17