Baku / 10.06.19 / Turan: On June 10, the Turan news agency published information about the assets of the Pasha Holding group of companies as of December 31, 2018 with reference to the Internet resource https://www.professiontrip.com/.
In this regard, the chief specialist on external communications of LLC Pasha Holding, Abbas Musayev, addressed the agency. He said: "Currently, our new corporate website is at the development stage. In order to test the new design and functionality conditional data have been placed on the test page https://www.professiontrip.com/. In other words, https://www.professiontrip.com/ is a test domain used for several hours and is not an information resource. Therefore, the information placed on this test page may not reflect reality." -0-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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