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Armenia's Economic Pulse

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  • Re: Armenia's Economic Pulse

    Originally posted by bell-the-cat View Post
    The PR firm isn't trying to sell Armenia to Greeks or Armenians or Georgians or Iranians or any of the countries whose values of environmental or cultural conservation match the abject backwardness that is found in Armenia (and that you actually praise ). It is trying to sell Armenia to sophisticated customers in sophisticated nations, to people that know about proper conservation and where it would be illegal to mistreat the environment or historical monuments in the way that they are casually mistreated and destroyed in Armenia. That casual mistreatment and destruction might be seen by most Armenians as entirely acceptable behaviour - but the average German or Frenchman or Briton would look on the "restoration" activities inflicted on Armenia's historical monuments with horror and disgust and would not choose to travel to such a country when they have things on their own doorstep that are a 100 times better (and 100% original, not 5%).
    And since when did US motels cost $150 a night?
    The motel bid might have been a slight exaggeration, but I do hope you get the point. In Armenia w/ about $100/day you can get 4 or 5 start treatment near the city center in Yerevan. Try to do the same around Madison/Broadway in New York and you can expect to pay 2-3 or even 4 times more. The point is there isn't a demand for hotels, otherwise there would be the supply. The few oligarch mega hotels, though disgusting, have nothing to do with that topic of discussion. I don't think you get the fact that you introduce random negatives that though valid to other discussions, have nothing to do with the topic at hand.

    I honestly don't know how many people look up how many percent of things are "restorations" when choosing destination. I would consider myself more educated than the average resident in the west and yet I've never looked up such things. If anything, when living in Austria, my family kind of scoffed at a "tourist attraction" which was just a bunch of rocks supposedly from the middle ages. Honestly it didn't look like anything other than random broken stones. We were only thinking how does this count as anything, the things we have in Iran, if only it had a better government to advertise them. Maybe I'm just too third world for that level of advancement. But if a place can advertise itself as the first christian nation on earth, with a "holy" city with the world's oldest state church, that would be enough to sell me given they were mildly western friendly, and there was an acceptable level of safety and accommodations.

    Comment


    • Re: Armenia's Economic Pulse

      Lebanese Company to Farm Pecans in Armenia



      YEREVAN (Arka)—Lebanese company Gardenia Lebniz Farms is establishing pecan orchards in the Kotayk province of Armenia to grow a variety of the nut, the Armenian Agricultural Ministry reported Monday.
      The news came following a meeting of Armenian Agriculture Minister Sergo Karapetyan with Lebanese ambassador to Armenia Jean Makaron, head of Gardenia Lebniz Farms Nicola Abu Faisal, and another representative of the company Jamil Abdeim.
      The Lebanese company has already chosen 20 hectares of land in Yeghvard and is making preparatory work for planting the first pecan trees brought from the U.S. state of California.
      Representatives of the company said that some products of the company, like olives, spices and grains, will be sold in Armenian stores soon. Sergo Karapetyan promised to cooperate fully with the Lebanese company. The Lebanese company sells its products to more than 40 countries.

      Azerbaboon: 9.000 Google hits and counting!

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      • Re: Armenia's Economic Pulse

        Armenian economic expansion last year was 3.5 percent -NSS


        YEREVAN, February 28. / ARKA /. Armenia's economy expanded last year 3.5%, according to the official numbers released by the National Statistical Service (NSS). It said the GDP amounted to 4.266.8 trillion drams or about $10.4 billion

        The government’s projection of GDP growth for 2013 was 6.2 %
        . According to the National Statistical Service, the GDP in the fourth quarter of 2013 amounted to 1.357.7 trillion drams, having increased by 5.2 % compared with the same period in 2012.

        GDP growth in the first quarter was 7.5 % (722.4 billion drams), in the second quarter it upped by 0.6 % (900.7 billion drams) and in the third quarter it saw a 1.6% rise

        Armenia's economy expanded last year 3.5%, according to the official numbers released by the National Statistical Service (NSS). It said the GDP amounted to 4.266.8 trillion drams or about $10.4 billion





        Is there an explanation to the sudden drop or is it an annual trend? Can it be attributed to Russian punishment in the mid year for being close to signing the EU agreement?

        Comment


        • Re: Armenia's Economic Pulse

          Answered my own question: http://www.tradingeconomics.com/arme...-growth-annual

          It seems like that is definitely not an annual trend. This definitely leads me back to the Russia factor.

          Comment


          • Re: Armenia's Economic Pulse

            Originally posted by bell-the-cat View Post
            The PR firm isn't trying to sell Armenia to Greeks or Armenians or Georgians or Iranians or any of the countries whose values of environmental or cultural conservation match the abject backwardness that is found in Armenia (and that you actually praise ). It is trying to sell Armenia to sophisticated customers in sophisticated nations, to people that know about proper conservation and where it would be illegal to mistreat the environment or historical monuments in the way that they are casually mistreated and destroyed in Armenia. That casual mistreatment and destruction might be seen by most Armenians as entirely acceptable behaviour - but the average German or Frenchman or Briton would look on the "restoration" activities inflicted on Armenia's historical monuments with horror and disgust and would not choose to travel to such a country when they have things on their own doorstep that are a 100 times better (and 100% original, not 5%).
            And since when did US motels cost $150 a night?
            Quote: the key target markets will be Russia, Georgia, and Iran. Also some specific target at centers in Germany and France.
            Compare that to the first sentence of above post.

            Comment


            • Re: Armenia's Economic Pulse

              Originally posted by Artashes View Post
              Quote: the key target markets will be Russia, Georgia, and Iran. Also some specific target at centers in Germany and France.
              Compare that to the first sentence of above post.
              As usual, you missed everything.

              My first post on this subject said "While there is no difficulty in selling Armenia to the likes of Russia, Georgia and Iran, Armenia today has no "culture and history" policies that a more sophisiticated visitor would find acceptable".
              The whole subject matter of that and the later posts was that this PR firm will have no problems selling Armenia to those from Russia, Georgia and Iran, those that come from societies that share Armenia's current low conservation and environmental standards, but the PR firm will not be able to easily sell Armenia to the other target market, the "urban centres in Germany and France", since Armenia will be very unappealing in those markets because to attract customers from there will require much higher conservation and environmental standards.
              Last edited by bell-the-cat; 03-19-2014, 09:14 AM.
              Plenipotentiary meow!

              Comment


              • Re: Armenia's Economic Pulse

                Originally posted by bell-the-cat View Post
                The PR firm isn't trying to sell Armenia to Greeks or Armenians or Georgians or Iranians or any of the countries whose values of environmental or cultural conservation match the abject backwardness that is found in Armenia (and that you actually praise ). It is trying to sell Armenia to sophisticated customers in sophisticated nations, to people that know about proper conservation and where it would be illegal to mistreat the environment or historical monuments in the way that they are casually mistreated and destroyed in Armenia. That casual mistreatment and destruction might be seen by most Armenians as entirely acceptable behaviour - but the average German or Frenchman or Briton would look on the "restoration" activities inflicted on Armenia's historical monuments with horror and disgust and would not choose to travel to such a country when they have things on their own doorstep that are a 100 times better (and 100% original, not 5%).
                And since when did US motels cost $150 a night?
                Originally posted by bell-the-cat View Post
                As usual, you missed everything.

                My first post on this subject said "While there is no difficulty in selling Armenia to the likes of Russia, Georgia and Iran, Armenia today has no "culture and history" policies that a more sophisiticated visitor would find acceptable".
                The whole subject matter of that and the later posts was that this PR firm will have no problems selling Armenia to those from Russia, Georgia and Iran, those that come from societies that share Armenia's current low conservation and environmental standards, but the PR firm will not be able to easily sell Armenia to the other target market, the "urban centres in Germany and France", since Armenia will be very unappealing in those markets because to attract customers from there will require much higher conservation and environmental standards.
                The first sentence of the first quote is 180 degrees opposite of what was stated in 2nd quote.
                I didn't miss anything.
                Post #742 states... You have no understanding of what would induce tourists...
                A false assumption. On the contrary, it is you that has no understanding of a PR firms job.
                Post #736 states (NOBODY) in in Europe... A completely meritless statement. You don't know .1% of the people in Europe, much less everybody.
                In same post, poster refers to " sophisticated" Europeans. Ever read their history? Ever done a criticle analysis of their contemporary conduct on the world stage? If that is what passes for ?sophisticated? The then this world has been being thieved upon and invironmentaly destroyed by the "sophisticated".
                To tout the sophisticated as admirable and someone to emulate is to ignore the gross disservice this group has and does exhibit to our poor world.
                Post #738 states... Armenians are deluded about the atractivness of their country.
                No they are not.
                Artashes

                Comment


                • Re: Armenia's Economic Pulse

                  ARMENIA FRESH FRUIT AND VEGETABLE EXPORTS QUADRUPLE

                  March 20, 2014 | 17:13

                  YEREVAN. - A total of 11,406.03 tons of fresh fruits and vegetables
                  were exported from Armenia as of March 20, 2014, against the 3,312.64
                  tons in the same period last year.

                  These fresh fruits and vegetables were primarily exported to Georgia
                  (8,815.58 tons), Russia (2,486.97 tons), Iraq (66.72 tons), United
                  Arab Emirates (36.60 tons), and Ukraine (0.16 tons), informed the
                  Ministry of Agriculture of Armenia.

                  News from Armenia - NEWS.am
                  Hayastan or Bust.

                  Comment


                  • Re: Armenia's Economic Pulse

                    Originally posted by Haykakan View Post
                    ARMENIA FRESH FRUIT AND VEGETABLE EXPORTS QUADRUPLE

                    March 20, 2014 | 17:13

                    YEREVAN. - A total of 11,406.03 tons of fresh fruits and vegetables
                    were exported from Armenia as of March 20, 2014, against the 3,312.64
                    tons in the same period last year.

                    These fresh fruits and vegetables were primarily exported to Georgia
                    (8,815.58 tons), Russia (2,486.97 tons), Iraq (66.72 tons), United
                    Arab Emirates (36.60 tons), and Ukraine (0.16 tons), informed the
                    Ministry of Agriculture of Armenia.

                    News from Armenia - NEWS.am
                    Unless Im mistaken, during the soviet period, Armenia was to Russia what California is to USA in fruit & nut production.
                    Mismanagement of water, land, distribution, and human resources for the sake of oligarch benefit is greatly holding back Hayastan in this regard.

                    Comment


                    • Re: Armenia's Economic Pulse

                      Armenia’s economic indices may be worse this year than in 2013- daily says - See more at

                      YEREVAN, March 21. / ARKA /. Armenia’s economic activity index in the first two months of 2014 dropped to 2.4 percent from 8 percent in the first two months last year, Zhamanak (Time) daily says in its today’s issue citing the official numbers of the National Statistical Service. The daily does not expect any significant rise in economic activity index in the next 2-3 months either.

                      According to it, some sectors of the Armenian economy saw a change trend. In particular, the construction industry rose by 1.2 percent in January and February this year, for the first time since 2008, but the industrial output slashed by 4.1%. As for agriculture, it grew by f 4.9 percent.

                      Electricity production fell by 4.4% because less natural gas arrived in Armenia from Iran for production of electricity which is shipped back to Tehran.

                      According to the newspaper, Armenian exports in the first two months decreased by 3.2%, and imports fell by 6.7%. As a result, foreign trade turnover was less 5.8% year-on-year. The newspaper also writes that in January and February this year the average monthly salary increased by 6.5 percent to 156,300 drams, however, a 5.1 percent inflation slashed the real rise to 1.4 percent.

                      The daily suggests that economic problems in Russia together with anticipated consequences of sanctions imposed on it by the West are likely to be felt in May and June.

                      This means, Armenia’s macroeconomic data for the first months of this year will be modest , but in the middle of the year, it will also feel h the consequences of the deteriorating Russian economy that would affect also Armenia’s key indicators making the 3.5 percent economic expansion last year seem quite good and desirable

                      Armenia’s economic activity index in the first two months of 2014 dropped to 2.4 percent from 8 percent in the first two months last year, Zhamanak (Time) daily says in its today’s issue citing the official numbers of the National Statistical Service.





                      The wording is a little confusing. The article is discussing how Quarterly GDP Growth in Q1 2014 in expected to be 2.4% this year compared to 7.5% last year.

                      Comment

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