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Currency Market Report for Previous Week and Forecasts

US Dollar recorded the worst indicator of the year on Friday in relation to key currencies. On the one hand, this was resulted by general strengthening of EUR, and, on the other hand, investors’ doubts about political stability of the USA. Trump failed to reform ObamaCare program and this factor …

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CEFC to Be the Largest Chinese Investment in Georgia

”The foundation of the Bank in Georgia by CEFC will be the largest Chinese investment”said Ambassador in China, David Apciauri  to Commersant during Ambasadorial 2017. As it is known, the signing of the Declaration on the Establishment of the Development Bank of Georgia took place in May of this year …

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GSMEA: Armenia Receives Internet from Georgia and Service Fee is Cheaper

Armenia receives Internet from Georgia and the service fee is cheaper, Mikheil Gotoshia, head of board of Association of Small and Medium Telecommunication Operations told Business Course. The association agrees with the statement made by Kakha Bekauri, head of Georgian National Communication Regulatory Commission (GNERC) that the internet service fee …

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Bruno Balvanera: Bonds are a Viable Source of Local Currency Funding

Bruno Balvanera: Bonds are a Viable Source of Local Currency Funding

Bruno Balvanera, EBRD Director for the Caucasus, Moldova and Belarus declares that the transaction sends a strong signal that bonds are a viable source of local currency funding for the private corporate sector. The EBRD invested GEL 20 million in a bond subscription by JSC Evex Medical Corporation. According to …

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Korean Air is Interested in Georgian Aviation Market

South Korean flag carrier Korean Air is interested in Georgian Aviation Market. Representatives of the company held an initial business meeting with the authorities of TAV Georgia at Tbilisi International Airport. Korean Air was founded in 1962. Nowadays, company operates flights towards 50 countries, 114 different destinations. About TAV Georgia …

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