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Georgia to Open 34 New Hotels in 2018-2019

Ten new hotels will open in Adjara in 2018-2019, including Courtyard by Marriott, Babylon Tower, Swissotel, Le Meridien, Interstate Hotels and Resorts, Pulmann Hotels & Resort, Wellness Resort & Spa on Mtsvane Kontskh, Ramada Resorts, Metro Sky Tower, Twin Tower. As a result, 2039 new hotel suites will be introduced …

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The Role of Economic Liberalism in Development of Singapore

Megi Kavtaradze

Considering the actuality of liberal principles, we can assume that, economic liberalism is an important topic of the political economy. Its methodology consists of human relations, individual welfare, and laws of economics that are prevalent for success. Singapore is the classic form of free-market liberalism. According to this, the outcomes …

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National Women’s Business Forum to take place in Batumi on March 8

The Georgian Chamber of Commerce and Industry (GCCI) and the Ajara Chamber of Commerce and Industry (ACCI) are organising the National Women’s Business Forum at the Euphoria Hotel in Batumi on 8 March 2018, with the support of EU4Business. Up to 300 participants – 180 women entrepreneurs from all regions …

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Beer Industry Grows by 2-3% in Georgia

Nikoloz Khundzakishvili

In 2017 the beer industry grew by about 2-3%, Nikoloz Khundzakishvili, director of Natakhtari corporate affairs, told BM.GE. The sector’s growth would be 5-6% without changes in beer excise tax structure. “Changes in excise tax structure raised prices on a part of products, while another part cheapened. Strong beers with …

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Vertex to Build Hotel in Bakuriani’s Didveli

Vertex company plans to build a new hotel in Didveli, Bakuriani ski resort. The company has already bought a land plot by online auction. The company will pay 1.706 million GEL for 18 months. According to the auction terms, the investor is obliged to build a hotel complex on the …

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Dairy Plant Launched in Shida Kartli

Nino Chikovani, President of Georgian Chamber of Commerce and Industry (GCCI) and representatives of Shida Kartli local self-government, have opened Nebiera dairy plant. Nebiera company was founded in 2008 as part of UNDP program, but the company had suspended operation for several years. The plant was to ensure educational and …

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Georgia Introduces New Tax Breaks for Small Businesses

Giorgi Kvirikashvili

Entrepreneurship development is our priority direction, especially small business sector. When delivering my speech at the Parliament before voting to the new cabinet of ministers, I noted that we would launch the second stage of small business support efforts after successful implementation of agriculture projects as part of Enterprise Georgia …

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First Large Hotel To Open in Tusheti, Omalo

New beneficiary Samzeo has joined the hospital industry development program. For the first time in Tusheti, in the village of Omalo, a 43-suite hotel will be constructed. The hotel is member of Preferred Hotels&Resorts international brand. The hotel will comprise premium restaurant, sauna, spa, lounge and any visitors will be …

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