Category Archives: Business Analytics

Visa’s profit, revenue exceeds estimates on payment volume growth

VisaCard

Visa Inc (V.N), the world’s largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network, Reuters said.

The company, whose shares were up 3.4 percent in extended trading on Thursday, February 2 also affirmed its full-year profit and revenue forecasts.

Infographic: How To Start A Startup In Yerevan

yerevan-shared-banner-for-magazine-1

by: FOXYpreneur
Published on: October 26, 2016
Armenia’s capital Yerevan might not be your first choice when it comes to founding a business. Let this infographic give you inputs why it should be:

Moody’s downgrades Armenia’s bond rating to Ba3

moodys

Banks.am writes: “The key drivers for the downgrade are the following:

1) Armenia’s increased external vulnerability due to declining remittances from Russia, an uncertain outlook for foreign direct investment (FDI), an elevated susceptibility to exchange rate volatility, and expected pressure on foreign exchange (FX) reserves.

Most popular places – to buy property in Armenia

Yerevan central area

Property market in Yerevan city, Armenia:

Best way to find comfortable house for suitable price are real estate agencies (brokers).

There is alos a big announcements newspaper “Gind” which usually prints almost 5000 listings about real estate in Armenia.

Property prices in Yerevan (1 room flat):

About 370.000 people in Yerevan visit supermarkets daily

supermarket shopping

The share of supermarkets in fast moving consumer goods in Yerevan makes 39%, of which 30 percent are absorbed by four main Yerevan-based supermarkets, shows the research conducted by Ameria CJSC.

About 370 thousand people in Yerevan visit supermarkets daily but only 40 percent of them do shopping. About 42 percent of the adults living in Yerevan visit supermarkets almost every day, company’s press service told News.am.