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Daily Archives: June 28, 2018

OPPA Electronic Wallet – New Brand Entered Georgian Digital Market

New brand ”OPPA” entered Georgian digital market with the mission- to introduce modern electronic culture of money management and settlement in Georgia and make it easier for people to perform monetary transactions. The brand was created by JSO OPPA (formerly Nova Technology), which holds fast Payment Terminals PayBox and online payments …

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Business Sector To Communicate with Business Ombudsman Via Electronic Portal

Irakli Lekvinadze

Business Ombudsman of Georgia Irakli Lekvinadze and deputy Business Ombudsman Levan Kalandadze introduced the Business Ombudsman’s portal to the private sector representatives. The portal was developed with the support of International Finance Corporation (IFC). The Business Ombudsman’s portal is an innovative platform for communication with Business Ombudsman of Georgia. The …

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4-Star Hotel Golden Tulip to Open in Autumn in Tbilisi

4-star hotel Golden Tulip will be opened in Autumn in Tbilisi. Tornike Janashvili, Director of Investment Company ”Block Invest” stated about this at BPN. This will be the first hotel of the Golden Tulip brand in the capital, covering 11 floors and 78 rooms. According to him, the hotel will offer …

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More than 300 000 Citizens of Georgia Enjoy Visa-free Regime with EU

More than 300 000 citizens of Georgia have used visa-free regime opportunity with EU since March 28, 2017 to travel to Schengen zone countries. When appraising results of association agreement with EU, Foreign Minister David Zalkaliani noted that since the association agreement signature Georgia has received financial assistance of about …

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Free Trade Agreement Signed between Georgia and Hong Kong

Free Trade Agreement was signed between Georgia and Special Administrative Region of the People’s Republic of China, Hong Kong on June 28. On behalf of the Government of Georgia, Deputy Minister of Economy and Sustainable Development of Georgia Genadi Arveladze and the Secretary of Commerce and Economic Development, Edward YAU …

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IMF Executive Board Concludes 2018 Article

The Executive Board of the International Monetary Fund (IMF) approved the completion of the second review of the three-year Extended Fund Facility (EFF) arrangement for Georgia. The EFF was approved on April 12, 2017 for an of SDR 210.4 million (about US$285 million or 100 percent of quota at the …

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