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...

Geostat’s Report on January-July External Trade

The National Statistics Office of Georgia (Geostat) has presented...

IFC Helps Boost Access to Finance for Smaller Businesses & Women Entrepreneurs in Georgia

IFC, a member of the World Bank Group, has announced a long-term local currency loan of 100 million Georgian GEL...

Ministry: 2018-2019 Energy Projects to Bring More than $1 bln Investment

The Ministry of Economy of Georgia says the energy sector remains one of the highest...

UWE Bristol & ISU Tbilisi Round Up First Entrepreneurship Boot Camps

The University of the West of England (UWE Bristol) and Ilia State University...

Georgian Economic Climate (Q3, 2019)

Georgian Economic Climate is a joint product of PMC Research Center and the ifo Institute for Economic Research...

New Pension Plan Update: 42,000 State Workers Withdraw

In January 2019, a new law came into force that changed the way Georgia’s pension system operates...

Luca Polare Opens 15th Branch, Continues Rapid Development

The Georgian ice cream parlor network Luca Polare is expanding by opening its 15th branch in Tbilisi...

Georgia Signs Convention on Trade Dispute Mediation

The Singapore Convention on Mediation was signed on Wednesday, August 7, by 46 UN Member States...

On Georgian Copyright

Anyone who’s lived in Georgia a while will know that copyright is a gray area, with movies, music and literature...

Baghdati Introduces New Concept for Promoting Town as Tourist Destination

The municipality of Baghdati in western Georgia welcomed colleagues from the Polish town of Kostrzyn...