In January-August 2018 Georgia exports made up 2 146 million USD and imports constituted 5 954 million USD. Despite Georgia’s negative trade balance in January-August  and the deficit of 3 808 million GEL, the country has positive trade balance of more than 2 million USD with 10 countries. The reporting period recorded the …

The World Bank (WB) has reacted to the article published on BM.Ge – the issue is of available damage that may be inflicted to their bio economy because of highway works. After February 2018 the WB keeps communication with one of the farmer Tea Kutateladze. Moreover, meetings were held with …

Visa and the National Bank of Georgia continue to promote financial literacy by organising a special educating-entertaining event for kids during Back to School period at Tbilisi Mall. This activity will be conducted within Visa and the National bank of Georgia financial literacy campaign started in May, 2018 by launching …

Member of the Board of the National Bank of Georgia, Vice-Governor Murtaz Kikoria has just resigned from the office. Mr. Murtaz Kikoria served as the Chief Executive Officer of JSC Bank of Georgia from September 2015 to September 7, 2016. Mr. Kikoria served as Deputy Chief Financial Officer of Finance …

TBC Bank introduced technological innovations to business clients and interested audiences. The three-stage competition finals of TBC Bank software development were held and 3 winners were selected at the event. At the public presentation, 6 teams presented software prototypes created for different business sector, which will facilitate simplification and automation …

According to the preliminary data, in the first half of 2018, FDI in Georgia amounted to US$676.2 mln, a US$73.2 mln (9.8%) decrease compared to the corresponding period of 2017. Based on a semi-annual analysis, FDI in Georgia has been characterized by a decreasing tendency since the second half of …

Enterprise Georgia agency is implementing a new phase of micro entrepreneurship support program. Tornike Sulaberidze, the agency deputy director told BM.Ge that reception of business ideas was finished and the applicants selected for the business plan development stage will be named on September 20. At this stage, about 17 000 …

“Economy of Georgia is open for investments” noted Ray Washburne, President of the Overseas Private Investment Corporation (OPIC) at a meeting with Mamuka Bakhtadze, Prime Minister of Georgia during his Working Visit to USA. Head of the Government of Georgia and President of OPIC discussed the pipeline of projects intended …

PwC in Georgia has strengthened its practice with the addition of two new women directors. As PwC bids to boost its expertise in the region and meets changing customer demands, as well as rewards top performer and talented women, the firm has announced an extensive roster of promotions in Assurance …

In August 2018, the quantity of balancing electricity, purchased (sold) through ESCO was 178 322 147.1 kWh, which represents 17% of total delivery to the grid in mentioned month. The cost of balancing electricity have made up GEL 21 146 639.06. In August, the Weighted Average Price of balancing electricity per …

From today, the Liberty social card holders, including pensioners and socially-assisted individuals, will benefit from the most demanded 350 products in any of the NiKora’s Supermarket locations across the country. “We are glad that we once again have the opportunity to take care of our customers, especially those who need …

6,000 GEL cash compensation, which the court imposed to TBC Bank and its founded due to Asaval-Dasavali’s fraudulent information, was awarded to 5 high school students of TSU Journalism Faculty as a scholarship. According to Mamuka Khazaradze’s decision, awarding scholarships will continue permanently and successful students of the third course …