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Daily Archives: February 26, 2018

Beer Imports Grow in Georgia

Beer imports to Georgia has almost doubled over the past 5 years. Geostat, national statistics service of Georgia, told BMG that beer imports has risen by 45% as compared to 2013, and totaled 11.3 million liters, while the figure was 7.8 million liters in 2013. Beer imports has risen by …

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The Winners of CSR Award Georgia 2018 Revealed

On February 23, 2018, Rooms Tbilisi hotel hosted Corporate Social Responsibility Award Ceremony. Initiated by CSR club and Global Compact Network Georgia, the CSR award competition was held in Georgia for the first time. 16 companies submitted 23 projects, which were evaluated by the independent and impartial jury consisting of …

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The Most Anticipated Films to Watch in 2018

Welcome to CBW’s list of films to look out for in the coming year. There’s plenty to suggest and it’s hard to fit everything in, but compiled list below feels like the best bet matched with any kind of taste. Bohemian Rhapsody A film that feels like it’s under a …

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Tbilisi to host Georgia-Belarus business forum on 23 March

The Georgian-Belarusian business forum will take place in Tbilisi on 23 March, BelTA learned from the website of the Belarusian Chamber of Commerce and Industry (BelCCI), belta.by reports.  The BelCCI invites Belarusian companies to take part in a business visit to Georgia on 20-24 March. The program envisages the participation of …

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World Bank: Georgia Surpasses Many Countries in terms of Blockchain Technologies

World Bank (WB) is exploring Georgia’s experience in blockchain technology development. WB Chief economist Hans Timmer told BMG that the system makes transactions transparent and this technology simplifies and cheapens transactions. “Georgia genuinely surpasses many countries in this component and that’s why we have selected your country. I am astonished …

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Today Small Business is Not Able to Make Reinvestments: AYFB

Paata Bairakhtari

New tax preferences for small business sector will come into force on July 1. The government’s initiative calls for cutting the turnover tax for small business  5 times. As a result, companies with 500 000 GEL turnover will move to the category of small business. YFB vice president Paata Bairakhtari …

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2000 Specialists to be Trained within Anaklia Project

According to Keti Bochorishvili, CEO of Anaklia City, within deep-sea water project it will start retraining local staff, who will be employed at the port. “This is our newest project, we’ve already started English language courses, and it’s very important for us, English level of local people to be high, …

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Small Business Preferences and Available Risks

small business

New tax preferences for small business sector will come into force on July 1. The government’s initiative calls for cutting the turnover tax for small business  5 times. As a result, companies with 500 000 GEL turnover will move to the category of small business. This initiative announced by Prime …

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