Tbilisi Taxi Reform: Will It Work?

In the summer of 2019, Tbilisi City Hall came up with a new initiative...

Global Slowdown & Geopolitical Tensions May Affect Georgia’s Growth Expectations

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the third and fourth quarters of 2019...

Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game

The share of “transit tourists” (those who continue from Georgia to a neigbor country) in the total is not very high...

Georgian Wine Industry: Implications of a Russian Embargo

Russia has certain economic leverage over Georgia, as last year Georgian exports to Russia accounted...

Never Waste a Good Crisis

Achieving economic independence from Russia will be costly in the short-term...

Trade Deficit Shrinks, as Exports, Tourism & Remittances Show Strong Growth

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the second quarter of 2019...

Tourism Admin Head: Georgia May Lose 1 mln Tourists after Russian Ban on Flights

Georgia’s National Tourism Administration (GNTA) Head Mariam Kvrivishvili says that the Russian...

Annual Inflation Rate Equals 4.3% in Georgia

In June 2019 the Consumer Price Index decreased by 1.0 percent compared to the previous month...

Georgia and Serbia Sign Trade-Economic Agreement

On July 3-4, the Georgian capital hosted the first session of the Georgia-Serbia Intergovernmental...

Trump: HUAWEI will Be Able to Use American Products Again

President Donald Trump said he’ll allow Huawei Technologies Co. to buy products from U.S. suppliers...

Cristina Doros Appointed as Visa Country Manager for Caucasus Region

Today, Visa announced the appointment of Cristina Doros as Visa Country...

TBC Bank Group Becomes the Principal Shareholder of TKT.GE Platform

The TBC Bank Group PLC has increased its shares in TKT.GE, a platform for online ticket purchasing...

Tbilisi to Host Italian-Georgian Business Forum

On July 4, the Italian-Georgian Business Forum will take place ...

Profit from Wine Exports Exceeds $90 Mln

The fact that demand on Georgian wine is increasing, is proved by the figures...

Danfoss Group to Launch Office in Georgia

Mamuka Bakhtadze, the Prime Minister of Georgia has recently participated in the World Economic...

New Regional Director of World Bank on Recent Reforms in Georgia

“There is a number of international rankings, including Doing Business, which has yet...