New 'Oily' Image of Baku

#azerbaijan #baku #construction #economy

As reported by Azerbaijan Statistic Board, the growth in construction sector for 9 months from the beginning of 2010 totaled 31.9%! At the same time, the research of Azerbaijan Property Market Participants Public Union shows an average 18 per cent g...

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Criminal Contractors

#criminal #canada #armenia #construction #economy

The Surete du Quebec in conjunction with Revenue Quebec's investigative division, have been working on investigation since 2008 to uncover tax evasion schemes in construction industry in province. They already receives warrants for 14 people and...

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Export from Georgia to Azerbaijan

#export #georgia #azerbaijan #economy #politics

As reported by Newsgeorgia.ru, Georgia's exports of goods to Azerbaijan for January-August 2010/2009 increased by 29,5%, amounting about $ 155million. An increase has made $ 35.3 million. From the same source can be seen what this significant increas...

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VAT in the private home construction and renovation market

#vat #armenia #construction #economy #realestate

We think these are just two main reasons which are enough to completely exclude the VAT from this market.
1. With the current lamentable condition of housing in Armenia (especially in Yerevan), where about 80% of the buildings are in a state ...

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Are you going to buy a house or an apartment through mortgage lending?

#mortgage #armenia #economy

The question, may be, doesn't need any comment. Just mention high interest rates of mortgage lending in Armenia (12%-18%). They are slightly lower than in Russia, for example, but much higher than in developed countries. The unpopularity of mortgage ...

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