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Daily Archives: November 15, 2016

Transforming Commitment Into Action on Disaster Risk Reduction


Nothing erases development gains as suddenly and severely as natural disasters. Earthquakes, floods, droughts and cyclones wreak destruction, not only across borders but across generations, reversing the hard-won progress of many years in poverty reduction, delivery of essential services, promotion of small business and economic opportunity. Disaster resilience in Asia …

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Khatia Shamugia: Nobody Taught Me PR Management. This is Inherent


Caucasus Business week offers you an interview with Khatia Shamugia, head of PR and Marketing Department of the ICI-Paris perfumery network, where she shares her road to success, becoming one of the leading PR managers in Georgia. What is your profession? I am specialist of Georgian language and literature. I graduated …

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Japan Fixes Vast Fukuoka City Sinkhole – in Two Days


The 30 metre hole was repaired in 48 hours, although health and safety checks delayed the reopening. A section of road in the centre of the Japanese city of Fukuoka has reopened just days after a sinkhole opened up outside a busy railway station and threatened to topple nearby buildings. …

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McDonald’s Georgia Launches Innovative Self-ordering Kiosks


McDonald’s Georgia, is offering the innovative solution to its customers: In partnership with VISA and Bank of Georgia , McDonald’s introduces innovative self-ordering kiosks in Georgia. The Presentation of Self-Ordering Kiosk was organized in McDonald’s Dighomi Restaurant. “Each costumer is really important and unique for us. Innovative self-ordering Kiosk is …

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JSC Capital Bank Stripped Of Banking License

capital Bank

According to decree by vice president of National Bank of Georgia (NBG), JSC Capital Bank was stripped of banking license. As a result, the Bank has moved to liquidation regime. Auditing process at JSC Capital Bank detected that the bank had ignored requirements for prevention of legalizing illegal revenues, as …

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Georgia’s Stance on Donald Trump’s Victory


There has been significant apprising following the election of Donald Trump as the new president of the United States of America. The blame for Donald Trump’s victory has been set on college students and media, the liberals, who failed at staying updated with the political status of the United States …

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Economic Growth Remains below Initial Plan

Rapid Estimates of Economic Growth April 2016

In September 2016 real GDP growth pace (according to preliminary estimations) made up 1.5%. The figure marked 2.2% in the third quarter of 2016, while January to September growth made up 2.6%. This figure slightly exceeds the IMF forecast, under which Georgia’s economic growth in 2016 was fixed at 2.5%. …

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The Biggest Meat-producer Factory in Caucasus To Open in Georgia


In the frame of government program “Produce in Georgia”, LLC “Leaderfood” will broaden the production and there will be the biggest meat-producer factory in Caucasus opened in March, 2017. According to the ministry of Economy, the factory is being built currently and it will have modern facilities and high technologies …

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Georgia Among Best Clubbing Destinations in Eastern Europe


According to Electronic Beats magazine, Georgia stands among the 23 best destinations for clubbing in Eastern Europe. Particularly, the magazine refers to two Georgian clubs. Bassiani is a techno club located in Tbilisi that gained popularity after its establishment in 2014. Due to the numerous bookings, quality sound system and …

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Georgia to Have own Candidate to the Position of a Secretary General of UNWTO

Georgia to Have own Candidate to the Position of a Secretary General of UNWTO

H.E. Giorgi Kvirikashvili, Prime Minister of Georgia nominated H.E. Zurab Pololikashvili, Ambassador of Georgia to the Kingdom of Spain to the position of a Secretary General of the United Nations World Tourism Organization (UNWTO). Georgia will thus have its candidate nominated by H.E. Giorgi Kvirikashvili, Prime Minister of Georgia to …

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