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...

Georgian Domestic Dried Fruit Appears on the Market

Georgian domestic dried and farm delicacies produced by Skigi have recently appeared on the Georgian Market...

World Bank Forecasts Economic Growth in Georgia

The World Bank has forecast a 3% growth in Georgia’s economy in 2016...

Georgian Wine Export Decreased by 39% in 2015

The export of Georgian wine decreased by 39% in 2015 compared to the previous year...

President to Name NBG Chief Candidate by the End of January

The term of office of the National Bank President Giorgi Kadagidze and members of the board...

USD 40 Million to Be Invested in Rixos Tbilisi Construction

USD 40 million is to be invested in the construction of RIXOS TBILISI...

Number of Tourists in Georgia has Increased

The Head of the Georgian National Tourism Administration, Giorgi Chogovadze, summarized tourism statistics from 2015...

Watches Made by Georgian Designer on Display

Impressive watches are being displayed at Art-Time by famous Georgian designer...

Business Association of Georgia: Police Eviction Should be Reinstated

The Business Association of Georgia said that the bill to abolish police eviction should not be adopted...

13 Million GEL to be Invested in Abastumani Resort

The Abastumani resort, located in southern Georgia, will see GEL 13 million invested in 2016...

Cigarette Prices Increase in Georgia

Georgia’s Finance Ministry says excise tax increase has no direct link with the increased price of some type of cigarettes...