Caucasus Business Week

Georgia Improves Position in Global Competitiveness Index

October 17, 2018

Georgia Improves Position in Global Competitiveness Index

The World Economic Forum has published the 2018 Global Competitiveness Index, under which Georgia ra…

Tax Amnesty to Vivify only 5% of Suspended Companies But this is Encouraging Figure Anyway

October 17, 2018

Tax Amnesty to Vivify only 5% of Suspended Companies But this is Encouraging Figure Anyway

From January 1, 2013 to September 25, 2018 the Government of Georgia has written off debts of 3 117 …

Electronic Music Innovators – Band GusGus Comes to Georgia

October 17, 2018

Electronic Music Innovators – Band GusGus Comes to Georgia

Multi functional space Republic hosts electronic music innovators – band GusGus on October 26th in T…

Planting Vine from Home- Startup MyWay.wine

October 16, 2018

Planting Vine from Home- Startup MyWay.wine

Georgian wine lovers and viticulture followers are able to plant vines from their own homes and sele…

Tbilisi Hosts Second Architecture Biennial

October 16, 2018

Tbilisi Hosts Second Architecture Biennial

Tbilisi Architecture Biennial was established in 2017 by Tinatin Gurgenidze, Natia Kalandarishvili, …

British Fear Group to Make Investments in Georgia

October 16, 2018

British Fear Group to Make Investments in Georgia

Giorgi Kobulia, Minister of Economy and Sustainable Development of Georgia, has met with Steven Fear…

Nutsa Kistauri: “Face to Face Communication is the best Practice That I Believe Can never Be Changed“

October 16, 2018

Nutsa Kistauri: “Face to Face Communication is the best Practice That I Believe Can never Be Changed“

Interview with the Head of Public Relations at Georgian Co-Investment Fund Why did you decide to ent…

Top Players of Georgian Airports: Report

October 16, 2018

Top Players of Georgian Airports: Report

According to the passenger trail in January-September of 2018, Turkish Airlines is the leader of the…

Commercial Banks against National Bank – New Regulations to Take Effect in November

October 16, 2018

Commercial Banks against National Bank – New Regulations to Take Effect in November

With the aim to enforce the responsible crediting framework, the Financial Stability Committee has t…

Business Ombudsman Responds Draft Law Limiting Gaming Business and Advertising Market

October 16, 2018

Business Ombudsman Responds Draft Law Limiting Gaming Business and Advertising Market

The legislative initiative has been registered in the Parliament of Georgia on prohibition of dissem…

TBC Bank held Agro Forum for Farmers in Abasha

October 16, 2018

TBC Bank held Agro Forum for Farmers in Abasha

TBC Bank’s Agro Forums continue in regions. The Seventh Agro Forum has hosted farmers in Abash…

EBRD appoints Bruno Balvanera new Managing Director, Central Asia

October 16, 2018

EBRD appoints Bruno Balvanera new Managing Director, Central Asia

Bruno Balvanera has been appointed new EBRD Managing Director, Central Asia. In this position he wil…

Municipal Inspection Imposes Fines of over 10 million GEL

October 16, 2018

Municipal Inspection Imposes Fines of over 10 million GEL

Several directions will be added to the municipal inspection of Tbilisi City Hall in 2019, Tbilisi M…

Tokyo hosts Georgian Film Festival as 110th Anniversary of Georgian Cinema

October 16, 2018

Tokyo hosts Georgian Film Festival as 110th Anniversary of Georgian Cinema

Japan is hosting the Georgian Film Festival as part of the 100th anniversary celebration of the esta…

New Meat Processing Factory Rachuli Lori opened in Ambrolauri

October 16, 2018

New Meat Processing Factory Rachuli Lori opened in Ambrolauri

Today a new meat processing plant opened in Ambrolauri municipality. The company “Rachuli Lori…

George Kobulia and UK Minister of State for Trade Policy Discussed Bilateral Trade Development

October 16, 2018

George Kobulia and UK Minister of State for Trade Policy Discussed Bilateral Trade Development

Development of the bilateral trade relations and the prospects of attracting the UK investments to G…

Romanian State Airline Company TAROM to Operate in Georgia

October 16, 2018

Romanian State Airline Company TAROM to Operate in Georgia

Romanian airline TAROM launches regular air flights in Georgia this winter. Bucharest-Tbilisi-Bucha…

For the first time Georgia Joins NASA Space Apps Challenge

October 16, 2018

For the first time Georgia Joins NASA Space Apps Challenge

NASA Space Apps is world’s largest hackathon that occurs over 48 hours in more than 200 locati…

Koba Gvenetadze Received The Best Central Bankers 2018 Award From Global Finance

October 16, 2018

Koba Gvenetadze Received The Best Central Bankers 2018 Award From Global Finance

In this year’s report cards, Global Finance rates the performance of 89 central bank governors. Glob…

National Bank and China Banking and Insurance Regulatory Commission Sign Memorandum

October 15, 2018

National Bank and China Banking and Insurance Regulatory Commission Sign Memorandum

National Bank of Georgia (NBG) and China Banking and Insurance Regulatory Commission have signed a m…

Healthcare

EU, in Partnership with UNDP, Promotes Youth Engagement in Rural Development

More then 150 young people from five municipalities of Ajara Autonomous Republic took part in the Youth Forum on 14 October 2018 that focused on the youth leadership in rural areas. Aiming to boost the role of young people in rural development, the Youth Forum provided its participant with the …

Short overview of the current situation, main players and the opportunities of the Georgian Pharmaceutical Sector Georgian pharmaceutical sector is a dynamic, rapidly growing market benefiting from an easy business environment. Since 2010, the pharmaceutical product registration procedures have been greatly simplified with Seven-day recognition registration procedure in case when …

The price of medical examinations for involvement in Hepatitis C elimination program will decline further. Starting now the government will finance the genotype analysis program. As a result, total price of the examination will decline by 140 GEL and the patient’s maximum expenditures will not exceed 160 GEL. Moreover, the …