Armenia's business activity index in Q3, 2011 unchangedSeptember 17, 2011 - 15:34 AMT PanARMENIAN.Net - The Q3, 2011 business activity index in Armenia remained unchanged (at 99,9%) compared to the same period in 2010. According to the Central Bank of Armenia (CBA), growth was reported in industry and trade sectors, while a slump was noted in the sector of services; the situation in construction sector remained unchanged. The business environment index increased to total 101,1% in Q3 2011 compared 2010 results. The consumer confidence index went up to comprise 106,3% in Q3, 2011 against 101,3% in Q2. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |