Real GDP Growth Expected to Reach 4.6%

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2018...

The Importance of This Year’s Nobel Memorial Prize in Economic Sciences

This year has plagued a number of countries with tremendous natural disasters...

Israel Inspires Georgian Politicians. For All the Wrong Reasons

Four years after rising to power in 1977, Israel’s Likud party was about to be dealt a major...

October: Average Hotel Prices in Georgia & Hotel Price Index

In Georgia, the average cost of a room1 in a 3-star hotel was 139 GEL per night in October 2018...

The Banking Association of Georgia Speaks out in Support of TBC Bank

The following is a statement released by the Banking Association of Georgia...

86,2 Mil Bottles of Georgian Wine Exported in 2018

Georgian wine exports totaled 86.2 million bottles in 2018, 17% more compared to 2017...

Georgia, India to Launch Free Trade Talks

Georgia and India are to launch free trade negotiations. Georgia’s Ministry of Economics...

Passenger Traffic at Georgian Airports up 23% in 2018

The number of passengers taking flights from Georgia’s three international airports increased by 23% in 2018 compared to 2017...

Sales of HUAWEI Smartphones Exceed 200 mln Units in 2018

The business team of the HUAWEI Company has announced that that its smartphone shipments...

The Bold 50: Etseri, Svaneti

Well, this certainly was a bolt from the blue, quite unexpected. I got an email from my boss’ boss, George Sharashidze...

Georgia’s Economy Forecasted to Grow by 5% in 2019

The World Bank predicts Georgia’s economy will grow by 5% a year in 2019, 2020, and 2021, according to their report Global Economic Prospects...

TBC Shares Fall by 5.38%

On 10 January, the price of TBC group shares fell by 5.38% at the London stock exchange. At the start of trading, one share cost 15 GBP which dropped to 14.08 GBP by the end of the trading session...

TBC Denies Slander

The POG has launched an investigation into an operation carried out by TBC Bank in 2008....

Cigarette Prices Rise by 0.5GEL

Cigarettes prices in Georgia have risen by an average of 50 tetri in according with the new Tax Code that came into force on 1 January 2019...