Home / 2015 / March (page 4)

Monthly Archives: March 2015

Revenue Service Refutes Information about Frequent Tax Audits

The Revenue Service of Georgia under the Finance Ministry denies reports about frequent tax audits spread by some businessmen. In particular, the Service states that the test purchases in shopping facilities are carried out  in the normal mode, permanently, as it always has beem and not more frequently than usual. …

Read More »

Samsung Building a Foldable Phone, LG on Transparent Screens

Samsung is releasing the occasional flip smartphone, but those are niche products with limited availability and appeal. A Samsung official revealed that the company has a plant to leverage its bendable display technology to create foldable phones. The official did not provide any more info though if a foldable, flip …

Read More »

Banks Working on Restructuring Bank Loans

Banks responds to the Prime Minister of Georgia who urged to understand the position of citizens affected by fluctuations of the national currency and now have to spend more to cover the loans taken  in US dollars. According to bankers, they are already working with clients on restructuring their debts. …

Read More »

Google Project Ara Phones – The Future of Mobile Devices?

google project ara

Imagine your phone as the ultimate Swiss Army knife, the perfect toolkit. What would you want on yours? A mini screwdriver, a fingerprint scanner, a bottle opener? With Google Project Ara phones, the attachment possibilities are endless. Ara’s mix-and-match nature lets you upgrade components a la carte, and play around …

Read More »

Premier Forecasts Georgian Lari to Stabilize by Summer

According to Georgia’s Prime Minister, the lari  will further strengthen in the summer. The forecast was made by the Prime Minister at the press conference. Irakli Garibashvili says that in  experts’ and analysts’ opinion,  a period of crisis has been  overcome and the national currency will not depreciate  even more. …

Read More »

National Tourism Administration Doubles Spending on Marketing

In  2015  the National Tourism Administration will spend GEL 7.8 million on advertising campaign abroad, which is almost 2 times more than in 2014. According to George Chogovadze,  Director  of  the National Tourism Administration, despite the economic and political situation, Russia and Ukraine still remain the main target markets to …

Read More »

Jamaica to be Turned into a Global Logistics Hub

As Jamaica joins a rush to lure the bigger, deeper-drafting boats expected to cross an expanded Panama Canal by mid-2015, political leaders and civic boosters envision the Old Harbor area as a cornerstone of what they envision as a transformative, dream development for the Caribbean island. Jamaica aims to become …

Read More »