Daily Archives: September 17, 2018

Georgia Named among 12 Best Countries for Starting Business

The Reboot Digital Agency has named 12 best countries for starting a business, including Georgia ranks fourth. The agency has used the World Bank’s Doing Business indicators, as well as indicators reflecting the minimum capital for starting business and the time for registering a new business. Georgia’s rating point is …

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Baku-Tbilisi-Karsi Route to Drive Cargo Turnover Growth in Georgia

As part of ARGUS Caspian and Black Sea Transport Corridor 2018 Forum the agency analyst talks about Georgia’s transit potential with BM.GE. Key interest is related to dry cargo transportation from Asia to Europe via BTK railroad, he said. Krishtalov noted that the Caspian-Black Sea transport corridor is especially interesting …

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Rehabilitation of Leo Pilpani’s Folklore Theater is Underway in Mestia

The rehabilitation of Leo Pilpani’s  Folklore Theater is underway in the town of Mestia. The project is funded by the World Bank with 4.7 million GEL and is implemented by Municipal Development Fund. The project envisages rehabilitation of the existing building. Also, arrangement of summer amphitheater and open parking, maintenance …

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We will have Reformed and New System of Assessment by 2020

Minister of Education, Science, Culture and Sport Mikheil Batiashvili announced plans for revising the united national exams. By 2020 a new system of assessment will be introduced, he said. Under the changes, students will be able to choose universities themselves, however, it is not known yet which form will be …

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Natia Turnava Appointed As Deputy Minister of Economy

Natia Turnava

Natia Turnava has been appointed as deputy Minister of Economy and Sustainable Development of Georgia. Since 2013 Natia Turunava has been working as Deputy Executive Director of “Partnership Fund”. Prior to that, she had been in office for 20 years in private and public sectors; Turnava was also the member of the …

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Georgian Startup COCOnut Helps you to Create Romantic Atmosphere

As it seems, inspiration can be anywhere, whether when you walk to a grocery store it can be the beginning of your business story. Founder of COCOnut Irakli Kobauri shared his story with CBW how married couple started their startup by seeing a coconut from different perspective:  Tell us a little bit …

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Economic Effect From Marijuana Export

 Following legalization of marijuana consumption, Government of Georgia has decided to legalize medical marijuana production and exports  and reaping economic benefits. Government of Georgia has already discussed the bill for cannabis cultivation and exports. At the Government meeting Prime Minister Mamuka Bakhtadze noted that government aims to neutralize marijuana-related risks. …

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