  Armenia posts decrease in business activity index April 16, 2013 - 18:52 AMT PanARMENIAN.Net - Armenia’s business activity index dropped 0,8 in Q1, 2013 as compared to last quarter to total 59,8,%. The highest activity index, 62,6% (5,7% growth) was posted in the industrial sector; 57,6% activity was reported in construction sector, with the remaining sectors showing a decreasing tendency. Business environment sector posted a 55,5% index in Q1, 2013, increasing by 5,7% against the last quarter. The highest activity index, 63,3% was reported in the services sector. The consumer confidence index dropped by 1,6% to total 44%, the Central Bank of Armenia (CBA) press service reported.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
