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Daily Archives: May 2, 2018

Vera Kobalia to Work in Asia on BlockChain Technology Employment Project

Vera Kobalia, ex economy minister of Georgia and founder of Kobalia Consulting company, will work on a joint project with Hong-Kong University on employment of BlockChain technology in public sector. Vera Kobalia unveiled this information to Business Morning TV program. “I have received offer and we will work jointly with …

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Manager of Mcdonald’s Georgia Listed Among Top 10 Managers Worldwide

Salome Kaladze

Director of Mcdonald’s Georgia, Gldani Branch, Salome Kaladze, has been listed among McDonald’s managers worldwide. McDonald’s have an annual award ceremony to identify and celebrate their top 75 managers in Europe. There is an event for the winners and their immediate teams and this film was created as the closer to …

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Kartli Wind Power Station Produces 9,365,860 kWh

The electricity generated by the Kartli wind power plant in April of this year amounted to 9,365,860 kWh, which exceeds the 1,965,860 kWh predicted in the previous month. The Kartli wind power plant is the first such alternative energy project in Georgia and its installed capacity is 20.7 megawatts. The …

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Smoking Ban will Badly Hit Private Sector

Starting May 1, 2018 Tobacco Control Law will come into force. The law bans smoking, including electronic cigarettes, at various facilities. Smoking is banned at: Any building, public transport, excluding taxi and motorboat; educational facilities, libraries, youth camps, children entertainment centers and other buildings for underage bodies and their territories; …

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G&T: Georgia May Host 7.6 million Tourists by 2022

Major Tourism Development Ahead for Georgia’s Western Guria Region

Galt&Taggart has published tourism sector research results. According to the report, tourism is one of the rapidly growing sectors of Georgian economy and it is an important source of inflow of foreign currency. The report analyzes tourism statistics, under which 3.5 million tourists visited Georgia in 2017 and revenues from …

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Georgia and Jordan Share Women’s Economic Empowerment

The Alliances Caucasus Programme (www.alcp.ge) funded by the Swiss Agency for Development and Cooperation SDC and implemented by Mercy Corps in Georgia, hosted a study tour from the Arab Women’s Enterprise Fund (AWEF). The tour included Jordan Municipality Mayors, WEE coordinators and representatives from the Ministry of Agriculture of Jordan to …

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Two Commercial Banks to Pay Fines of 1.9 million GEL

NBG Reduces Its Policy Rate By 25 Basis Points To 6.75%

For the purpose of protecting requirements of the law against illegal revenues legalization, the National Bank of Georgia (NBG) has inspections various financial companies. As a result, fines imposed on non-bank financial institutions made up 712 750GEL. According to the 2017 report by NBG, a total of 95 currency exchange …

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