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| 10 November 2011 |
| Novotel Hotel Tbilisi |
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The FINANCIAL -- The EBRD is considering a senior loan to 64 Chavchavadze LLC to finance the development, construction and operation of a 4-star hotel in the capital |
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| 28 October 2011 |
| Principal exports from Georgia to Azerbaijan, Armenia and Turkey |
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| From January to September 2011 exports to Azerbaijan reached $270 mln, to Armenia $170 mln and to Turkey $162 mln. The largest amount of imports came from Turkey at $901 mln, then Ukraine at $519 mln and Azerbaijan at$443 mln. In absolute figures Georgian foreign trade turnover with Turkey |
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| 20 October 2011 |
| Georgia-Kazakh business forum to boost export |
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Transportation, food, tourism, minerals and energy
industries were the key topics at the Georgian -Kazakh business forum
held in Tbilisi on October 18 where the countries’ Chambers of Commerce
and Industries signed the cooperation memorandum.
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| 13 October 2011 |
| Georgia Holds 50th Place in Rating |
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The Forbes rating of the best countries for business put Georgia in the 50th place among 134 countries. Compared to the previous year’s rating, Georgia improved its position by 11 points. The rating cons |
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| 07 October 2011 |
| Georgia, France sign inter governmental economic agreements
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Inter governmental agreements on cooperation in transport, tourism and energy spheres were signed between Georgian and France in the president`s palace in Tbilisi in Friday.
The agreements also imply cooperation in purchasing of the equipment of the railroad in Me |
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| 06 October 2011 |
| Georgia’s International Investment Position |
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Net International Investment Position (IIP) of Georgia by the end of the second quarter of 2011 amounted to USD13.3 billion that translates into USD 1.8 billion increase on yearly base, National Bank of Georgia reported on September 30, 2011.
Of total growth, 73.6 percent |
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| 03 October 2011 |
| Annual Inflation Slows to 4.6% - Geostat |
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Year-on-year rate of inflation fell from 7.2% in August to 4.6% in September with consumer price index rising 0.6% month-on-month, the state statistics agency, Geostat, said on Monday. < |
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| 28 September 2011 |
| Tax System – Not Perfect, But Improved |
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Although not perfect, the tax and customs system has improved recently and cases of businesses being unfairly targeted have reduced, President Saakashvili said.
“For some time we’ve been too carried away with those ratings, boasting by Georgia bei |
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| 19 September 2011 |
| Account by State Tourism Department
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| The State Tourism Department has an account of the tourism development index in Georgia based on the results of the summer 2011. According to the results of the eight months of the year, the number of the visitors to Georgia has increased with 43%.
The year 2011 was also distinguished a |
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