Tag: market

Viktoria Khechumyan, the CEO of nooor, joins us to discuss the evolution of Armenia’s blockchain ecosystem over the past few years. Nooor is a consulting company that advises on topics related to blockchain technology, including idea validation and talent recruitment. They’ve been involved in developing the blockchain ecosystem in Armenia from the early days. Viktoria also shared her thoughts on current trends in blockchain, and what the coming years hold for the technology.

When proper enforcement of safety regulations is delayed, it can result in tragedy. This is exactly what happened on August 14, 2022, when a warehouse at a market in Yerevan caught fire and exploded, leaving 16 people dead and 60 injured.

We are at an exciting inflection point for Armenia’s tech sector, as the potential for rapid growth and new activity in the coming years is high, writes Njdeh Satourian.

The rise of China has shifted the geopolitical center of gravity to the Indo-Pacific. What does this paradigm shift entail? How can Armenia navigate the transition and find its place on the world stage?

While there have been some positive developments in the Armenian dairy industry, its further development is being hampered by a number of factors. Economist Suren Parsyan explains.

When Lilit Odabashian puts her mind to something, she makes it happen. Like Armenians all over the world, Lilit was devastated at what was happening during the 2020 Artsakh War. She decided to start a Facebook group called Buy Armenian to encourage people to buy Armenian products as a way of trying to do her part. As the group grew and took on a life of its own, her husband Nishan joined the initiative and they launched the Buy Armenian website that features over 800 vendors.

Economist Suren Parsyan writes that due to the pandemic and the post-war situation, Armenia is witnessing a decline in purchasing power, a phenomenon that is having an impact on the real estate market.

Taking into account Turkey’s overt support to Azerbaijan during the 2020 Artsakh War, Armenia’s government has decided to ban the import of Turkish goods for six months. The ban will take effect on December 31 of this year.

Armenia’s advancement in the tech and innovation space is only in its infancy. In order to take the next step, domestic financial markets need to be well-aligned and sophisticated enough to provide the best possible support and take Armenian entrepreneurship and innovation to the next level.

China’s revolutionary and controversial Belt and Road Initiative, meant to link East and West, has dipped its toes into Armenia.