Archive for the ‘Economics’ Category

The Frustration

Sunday, October 1st, 2006

It is good to see that the national budget is increasing the salaries of public employees but there seems to be no initiative to improve responsiveness of the public sector and reduce corruption. There are the various aid organizations that have programs but none of them seem to be making a dent in the […]

Armenia - only 82nd By Economic Competition Rating

Thursday, September 28th, 2006

Armenia occupies the 82nd place by economic competition indices among 125 countries of the world (one position down as compared to 2005).

Business over Patriotism:

Sunday, May 21st, 2006

Top banker in Russia says investment in Armenia attractive from purely profit motive Suren Deheryan & Suren Musayelyan / ArmeniaNow reporters
The Moscow business journal Profile recently named Garegin Tosunian the sixth most influential financier in Russia, and the only Armenian in the top 10.
The 50-year-old, who in 2002 was elected president of […]

Vedanta Resources Planning to Enter Armenia’s Precious Metal Market

Sunday, May 21st, 2006

Yerevan, 17.05.06 ArmInfo. According to the information distributed by an Indian News Paper Economic Times Vedanta Resources is planning to enter the precious metal business in Armenia.
The Economic Times also informs that the intention of Vedanta - India’s major player in non-ferrous metals, in investing in gold mining industry is based on an all-time […]

Interview with Microsoft’s John White

Sunday, May 21st, 2006

Microsoft has opened its office in Armenia, with the well-known IT specialist Grigory Barsegyan appointed as director. The office will be officially presented, after a number of organizational and technical preparations. CIS HUB Director John White and CIS Business Development Manager Yuri Omelchenko paid a short visit to Armenia recently. Mr. White, who is responsible […]

Microsoft Office in Armenia

Friday, May 19th, 2006

MICROSOFT OPENS OFFICIAL REPRESENTATIVE OFFICE IN ARMENIA
ARKA News Agency / May 17 2006

Official representative office of Microsoft Corporation was opened in Armenia on May 16. Director of the Armenian representative office of the company Grigor Barseghyan said coming
plans of Microsoft in Armenia envisage enlargement of the circle of its partners, instruction in high technologies […]

More on Armavia Plane Tragedy

Wednesday, May 3rd, 2006

President Kocharyan has sent Serge Sargsyan, Defense Minister, to Sochi to investigate the plane tragedy. This is cited as the worst in Armenia’s history. Mr Kocharyan has also declared today a National day of Mourning, and two more official days are scheduled for Friday and Saturday.

President Putin also reportedly discussed the issue with […]

Armavia Plane Crashes

Wednesday, May 3rd, 2006

Bad weather is slowing recovery of the bodies of 113 people killed when a plane flying from Armenia to southern Russia crashed into the Black Sea. - BBC NEWS

Combatting Tax Fraud?

Tuesday, April 18th, 2006

Armenpress: President Robert Kocharian and chief of taxation service Felix Tsolakian discussed today the service’s performance in the first quarter of the year, as well as ways to cut shadow deals in mining and construction businesses and other tax fraud.

Of Mice and Men

Monday, February 6th, 2006

The following article appeared in The Washington Post today.

From Hosting Mice to People, With Help From Marriott

Monday, February 6, 2006; Page D02

In the cold, dark winter of 1993, checking into the Hotel Armenia in Yerevan, Armenia, was an exercise in fortitude. The country had barely any fuel, and word was that mice, seeking a source […]