ArmInfo. Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

ArmInfo.  From January to May 2025, Armenia's industrial sector experienced a significant decline of 14.1%  (compared to a 22% growth for the same period the previous year), resulting in a total volume of more than 1 trillion drams (over $2.6 billion). In May alone, industrial production grew by 2.9% to 218.6 billion drams ($565.4 million), as evidenced by data from the Statistical Committee of the Republic of Armenia.

ArmInfo.  In Armenia, power generation in January-May 2025 accelerated in annual growth from 3% to 3.6%, amounting to 3,992.9 million kWh. However, in May alone, power generation decreased by 7% - to 659.3 million kWh, as evidenced by data from the RA Statistical Committee.

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ArmInfo. The State Revenue Committee (SRC) of Armenia proposes to defer the payment of environmental tax,  road tax and state duty paid at land checkpoints upon entry of  vehicles across the state border. The corresponding initiative is  posted on the single portal of legal acts.

ArmInfo.  RA Minister of Economy Gevork Papoyan continues to inform the Armenian public about the process of exporting Armenian cognac to the Russian Federation.

ArmInfo.Armenia has every chance to become an important center for innovative solutions in the region. Kirill Khomyakov, Head of Regional Markets for Binance in Central and Eastern Europe, Central Asia and Africa, expressed this viewpoint during a specialized Binance meet up event in Yerevan.

ArmInfo.  On July 1, 2025, IDBank placed its 3rd, 4th, and 5th tranches of registered coupon bonds for the year through a public offering on the following terms:

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ArmInfo. ArmSwissBank now offers its customers the World Mastercard — a premium card from the international Mastercard system, designed to provide exclusive privileges both in Armenia and worldwide.

ArmInfo. As of May 2025, there were 790,000 registered jobs  in Armenia. as reported by the press service of the Ministry of Economy citing data from the Statistical Committee of Armenia.

ArmInfo. The State Revenue Committee (SRC) of Armenia has revealed a case of illegal mining activity.

ArmInfo. Rospotrebnadzor has requested information from the competent authorities in Armenia about the reasons for a temporary ban on the import of "Korovka from Korenovka" ice cream, as reported by the press service of the  department.

ArmInfo. Prime Minister Nikol Pashinyan received Firebird co-founder and CEO Razmig Hovakimyan, NVIDIA Vice President Rev Lebaredyan and Team Telecom Armenia co-founder and chairman of the board of directors Alexander Yesayan.  

ArmInfo. In Armenia's consumer market  in June 2025,  there was  a recorded inflation of 3.9% compared to June 2024,  (higher than the inflation rate of 0.8% a year ago).

ArmInfo.  After 3 years of painstaking work, the Council of the International Business Relations Support (CIBRS) has finally announced the National Warehouse program strategy. This program will assist Armenian producers in exporting  their goods to the US and Cyprus markets, as announced by CIBRS head Mariam Manukyan in a conversation with journalists during the event dedicated to the Council's programs and activities on July 3.

ArmInfo. The Ministry of Territorial Administration and Infrastructure of Armenia (MTAI) is willing to expand the scope of cooperation with the European Investment Bank (EIB), as stated by the head of MTAI, David Khudatyan, during a meeting with the head of the Eastern Region Public Sector Expansion and EU Neighborhood Policy Lending Department of the European Investment Bank, Matteo Rivellini.

ArmInfo.  During an extraordinary session on July 3, the National Assembly of Armenia approved, in the second and final reading, the draft amendments to the laws "On the Public Services Regulatory Authority" and "On Energy" proposed by the ruling "Civil Contract" faction.  

ArmInfo. The Republic of Armenia received about 44 billion 406 million drams ($113 million) in dividends for owning 21.87% of the shares of the Zangezur Copper and Molybdenum Combine (ZCMC). Prime Minister Nikol Pashinyan announced this on July 3 on a social network.

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