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Daily Archives: October 1, 2015

Bebo Conserves Might Return to the Market

Due to financial problems, a canning factory Bebo stopped its production. “The Georgian Products Group” which is engaged in Bebo conserves  production told CBW that due to a bank loan and the imposed high-interest rates, the factory faced financial problems and was forced to stop production a few months ago. …

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Georgia’s External Debt Amounted to $14.1 Billion

Here's How the Dollar's Rise is Affecting Businesses Around the World

Georgia’s external debt amounted to $14.1 billion, National Bank of Georgia (NBG) reports. According to central bank’s data, the total foreign debt of Georgia, as of  June 30, 2015, amounts to $14.1 billion (GEL 31.8 billion), which is 90.9 percent of GDP in the last four quarters; in the second quarter …

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Zedazeni Founder: I Suspect that Coca-Cola has Accounting Problems

Zedazeni founder Cezar Chocheli responds to  the statements made by Coca Cola President Temur Chkhonia through CBW edition. Two days ago Chkonia told CBW, while talking about the introduction of mandatory labeling, that Zedazeni betrayed the principle and the agreement. The businessman made such assessment commenting on the Finance Minister’s visit …

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The Gross External Debt Increased by $437.4 mln

DEBT

The gross external debt of Georgia amounted to 14.1 billion USD (31.8 billion GEL) as of 30 June 2015, that accounts to 90.9 percent of the GDP. The gross external debt of Georgia increased by 437.4 million USD during the second quarter of 2015. Out of that increase 341.7 million …

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Advanced Insurance System can be an Alternative to the Banks

An interview with the former head of the Insurance Supervision Service Lasha Nikoladze Today many talk about the need for some types of compulsory insurance – for example, vehicle insurance. However, the ongoing process was put on hold and gives the impression that the government does not risk to make unpopular …

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The Net International Investment Position Increased by 607.6mln

The net international investment position (IIP) of Georgia amounted to -17.5 billion USD (-39.3 billion GEL) for June 30 2015. This is -112.3 percent of Georgia’s GDP. This figure has increased by 607.6 million USD compared to the second quarter of 2014, and by 356.7 million USD compared to the …

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TBC is the Most Active Bank in Social Networks

TBC bank

TBC Bank is revealed to be Georgia’s most active bank in social networks, according to the internet portal Taripebi.ge.  As of September 28, 2015 TBC Bank has 506,804 likes on its Facebook page, 4, 242 Instagram followers and 4,062 subscriptions on the Youtube channel. The survey, in which TBC became the leader company, was conducted among all Georgian banks. “For …

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10 Body Language Mistakes in Job Interviews

Seeking Job ??? Your answers to job interview questions aren’t the only thing that can make or break your chances of landing work. Body language also plays a large role. Facial expressions, posture and other physical behaviors can reveal more about job seekers than the words they use, according to CareerBuilder. …

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