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Daily Archives: May 27, 2015

Georgia’s Unemployment Rate Drops to 11-Year Low

Georgia’s Unemployment Rate Drops to 11-Year Low

The number of people employed in Georgia is increasing. Official statistics from the country’s national statistics office, Geostat, revealed at the end of 2014 the unemployment rate in Georgia was 12.4 percent – the lowest it has been in 11 years. The 2014 unemployment rate was a decline of 2.2 percent …

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6 Ways Government Can Encourage Entrepreneurship

Key recommendations for government policy in the fostering of entrepreneurial ecosystems are: Make the formation of entrepreneurial activity a government priority – The formulation of effective policy for entrepreneurial ecosystems requires the active involvement of Government Ministers working with senior public servants who act as ‘institutional entrepreneurs’ to shape and …

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Last May Weekend in Tbilisi: What to Do?

Staying in Tbilisi? Got no plans for the last weekend of this spring? Here we are for you! With full understanding, that you might not know everything what happens in Tbilisi recently, we decided to make a short list of events happening for this weekend. The weather should be warm, so you …

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The 10 most valuable brands in the world

Apple has overtaken Google this year to become the world’s most valuable brand, according to WPP and Millward Brown’s annual “Brand Z” rankings. Technology brands dominate the top 10, but there is also a surprise entrant. Millward Brown’s study uses the views of around 2 million potential and current customers …

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Azerbaijan Reduces car Import From Georgia

Azerbaijan reduces car import from Georgia

May 26-Some 1,737 cars worth $32.8 million were exported from Georgia to Azerbaijan in January-April 2015 or by 5.8 times less than in the same period of 2014, the Georgian National Statistics Service said in its foreign trade report as of January-April 2015. The share of this category of goods …

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Developement Company Arena Lux Promotes Healthy Life Style

The development company  Arena Lux is constructing a multipurpose complex in Tbilisi, on the University Street around the area of the “Arena” sports center. The construction of the 14-story complex began in January this year and will be completed at the end of December. The complex will include living, commercial …

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Georgia should not be a Poor Country, Says Prime Minister

Georgia should not be a Poor Country, Says Prime Minister

The Prime Minister of Georgia Irakli Garibashvili  announced that Georgia should  not be a poor country today. As the Prime Minister has said at the Diaspora professional forum, Georgia has a lot of resources that can be used. “We have a major problem such as  inefficient use of our resources. …

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In 2014, Unemployment Rate in Georgia Lowered 2.2% and Totaled 12.4%

In 2014, Unemployment Rate in Georgia Lowered 2.2% and Totaled 12.4%

According to the National Statistical Service, in 2014 Georgia’s unemployment rate lowered  2.2 percentage points compared to 2013 and totaled 12.4 percent. It should be noted that in 2014 the unemployment rate hit 11 -year lows. In  2014 the economically active population made 66.5 per cent of the  working-age population …

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Queen Elizabeth’s Speech and David Cameron’s Politics

Queen Elizabeth II will deliver a speech in the Westminster Abbey today, in which she will present the newly-elected Conservative Party’s legislative agenda. The Tories, Cameron’s political party retains the reputation of being out of touch with the country’s political needs, with its decisions often judged as “heartless,” according to …

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Festival of Books Kicks off in Tbilisi

Festival of Books Kicks off in Tbilisi

Whether you’re a bookworm, an occasional reader or even in you haven’t picked up a book in years, the Festival of Books in Tbilisi has something for you. From tomorrow Georgia’s capital city will host the 17th Tbilisi International Book Festival – an annual event that presents thousands of books …

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