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Daily Archives: July 28, 2017

Farmers krom Khulo Exported 4 tons of Georgian Garlic to the EU

According to Resan Chogadze, the Chief Specialist of the Ministry of Agriculture department of Ajara, 4 tons of garlic has exported to Germany by 4 farmers of Khulo- Jemal Artmeladze, Mikheil Choghadze, Aleksandre Ishkhnelidze and Bidzina Shavadze. Farmers sown garlic in Fall, 2015, covering 0.5. It was the first time for …

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Georgia Rolls out NEC’s facial Recognition Technology Across Major Cities

NEC Corporation has announced its advanced surveillance system has been rolled out across major cities in Georgia, including the nation’s capital Tbilisi. The surveillance system uses NEC’s facial recognition software for video called NeoFace Watch, which checks images captured by CCTV cameras in real-time against offender databases and “watch lists” …

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ADB Raises 2017 Growth Forecast for Developing Asia to 5.9%

ADB Raises 2017 Growth Forecast for Developing Asia to 5.9%

The Asian Development Bank raises Developing Asia’s 2017 growth forecast to 5.9% from 5.7% in its latest Outlook supplement. Inflation forecast cut to 2.6% from 3%. China 2017 GDP forecast raised to 6.7% from 6.5%; 2018 at 6.4% Inflation cut to 2% from 2.4%; 2018 at 2.6% India 2017 GDP forecast …

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Turkey is Popular Again With British Tourists, Says Thomas Cook

Turkey is Popular Again With British Tourists, Says Thomas Cook

Turkey is back on the tourist map for UK visitors despite growing tensions between its government and Germany. The tour operator Thomas Cook said it was seeing a pick-up in demand for Turkish holidays because they were good value for money. The chief executive, Peter Fankhauser, said Turkey was proving attractive …

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Rehabilitation of Road Access to Tsalka, Dashbash Canyon

New road will be constructed to Tsalka. Kvemo Kartli governor Grigol Nemsadze says to Business course that there will be 1,5 km road. 372 thousand GEL is allocated for rehabilitation. According to the governor, 60% of rehabilitation road access to the canyon has been completed. Grigol Nemsadze says that region has …

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Chinese Development Bank to Fund Basis Bank with 15 mln USD

Chinese Development Bank to Fund Basis Bank with 15 mln USD

Basis Bank announced on attraction of 15 million USD from Chinese Development Bank. The sum will be directed on the funding of small and middle –sized enterprises. This is the second case of cooperation between the parties; Basis Bank has attracted 5 million USD from Chinese Bank in February, 2016. …

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TBC Bank’s ‘Startuper’ Finances Startups with GEL 2 mln

TBC Bank’s program – Startupper is summing up its 5-month results. Since the start of the program, 50 startuppers have already used the special loan of the  program and financial resources of 2,000,000 GEL have already been issued to promote starting businesses. Startups participating in the program operate in various …

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Zviad Tsikolia Accuses Windfor’s in Plagiarism

Zviad Tsikolia Accuses Windfor's in Plagiarism

Zviad Tsikolia, the well-known designer, blames the Agency for Windfor’s in plagiarism. The matter cancers to the rebranding of Nikora’s subsidiary “Chveni Permeri” (Our Farmer), which is released under the brand of “Dgis Productebi” (Products of the Day) and Windfor’s has worked on the concept and is very similar to …

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