Groundbreaking ceremony of two production enterprises to be held in Azerbaijan

President of the Republic of Azerbaijan Ilham Aliyev has received Chairman of the Board of “Uzavtosanoat” JSC of Uzbekistan Ulugbek Rozukulov.

10 non-working days in May

Non-working holidays in May 2023 have become known.

Azerbaijan increases export of alcoholic and non-alcoholic beverages

Azerbaijan’s export of alcoholic and non-alcoholic beverages increased 6.9-fold and the export of sugar by 28.6% for Jan-Man 2023.

List of Azerbaijan’s largest export companies

The Export Review for Jan-Mar 2023 compiled a rating of both non-state and state exporting entities in the non-oil sector.

Sony gets annual profit of $8.9 bn

Japanese electronics manufacturer Sony has presented its results for Q4 and entire fiscal year 2022, which ended on March 31.

GDP growth in euro area was 0.1% in 1st quarter of 2023

Chinese entrepreneurs invited to Alat Economic Zone

A business forum on the topic "Alat Free Economic Zone - new opportunities for cooperation in Azerbaijani-Chinese economic relations" was held at the Azerbaijani Embassy in China.

State Budget to be revised – salaries may rise

Iron ore is sold at price of less than $100 per ton

A ton of iron ore was sold on the world market at price of less than $100 for the first time since the beginning of December. This is linked with difficulties faced by China's construction sector.

Fields in Fuzuli to be put into operation

It is planned to allow exploitation of limestone deposit Dovlatyarli, sand and gravel deposits Ashagi Guzlak and Guruchay located on the territory of Fuzuli district.

Inflation in Australia has fallen to 7%

In the 1st quarter of 2023, inflation in Australia decreased from 7.8% to 7% year-on-year.

A factory with investments of AZN 1.5 million created in Jalilabad

On March 31, 2023, the State Tax Service under the Ministry of Economy carried out the state registration of Zarat Yem Fabriki LLC (TIN: 8303817421).

Minister: Transparent entrepreneurs play a big role in development of Azerbaijan

A conference on the theme "Heydar Aliyev & Entrepreneurship Development in Azerbaijan" has been held in Baku.

Minister spoke about involvement of private sector in Karabakh

The main issue we face in the near future relates to the restoration of the liberated territories and the development of the private sector in Karabakh.

A company with large tax obligations to the state

Asena LLC has a tax debt to the state, ABC.AZ reports with reference to the State Tax Service (under the Ministry of Economy).

India reduced tobacco exports to Azerbaijan

Investments in oil & gas sector exceed AZN 2 bn 

Non-oil & gas GDP grew by 5% 

Japan's economic growth has slowed

Japan's trade deficit narrowed for the second time in March due to falling fuel prices and lower import costs, ABC.AZ reports with reference to the Ministry of Finance of Japan.

Volkswagen plans to release 10 new models of electric vehicles

Volkswagen plans to release 10 new models of electric vehicles by 2026.

Forecast: U.S. economy to have moderate recession in 2nd half of 2023

The U.S. economy will plunge into moderate recession in the 2nd half of this year, ABC.AZ reports, quoting Roger Hallam, global head of rates at Vanguard.