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Daily Archives: October 9, 2015

Ten of The World’s Most Intriguing Wine Regions

We’ve all experienced it on our travels – whether watching a sunset in Italy with a glass of chilled Prosecco or at a barbeque in Australia with a beefy Shiraz – when a local wine could not be more perfectly suited to the moment. Lonely Planet’s new book Wine Trails …

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Georgia among the Countries with the Lowest Tax Rates in the World

According to the rating of the World Bank, Georgia is ranked   9th among the countries with the lowest tax rates in the world. The study says that businessmen pay  much attention to the tax rates while  expanding their activities. Many governments also often compete with each other in this matter. The …

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Second-hand Clothes Business Loses Customers in Georgia

Representatives of the second-hand clothes business  talk about  a sharp decline in demand for the products. In particular, the founder of the chain of stores notes that the number of buyers has been  reducing  in recent years due to the general economic situation in the country. “State of our  business …

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IMF Predicts Georgia’s Economic Growth will Reach 5% in 2020

IMF: Georgia’s Economy Stable but Faces Ongoing Risks

The IMF published the new economic growth forecast. IMF retained Georgia’s economic growth rate forecast at  2%. According to the new IMF forecast for 2015 and 2016, Georgia will have 2 percent economic growth in 2015 and 3 percent in 2016, while in 2020- 5 percent. The Fund  believes that the …

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China Opens Communist Party Theme Park


Who needs Disneyland when you can have a theme park for youngsters to declare their loyalty to China’s Communist Party? That’s what Wuhan government officials seem to think anyway. The capital city of China’s central Hubei province has just opened a Communist Party theme park dedicated to China’s homegrown heroes. …

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Georgia – One Year on Prescription Drugs

David Sergeenko

David Sergeenko and the representatives of pharmaceutical companies summed up one year since prescription drugs policy came to force in Georgia.  The Minister noted that the prescription system has decreased pharmaceutical addiction by 95%. Apart from some blemishes, the reform can be assessed as successful, Sergeenko noted. According to him, selling of psychotropic drugs …

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TBC Renovates Mortgage Center on Chavchavadze Avenue

On October 9 TBC Bank’s office on Chavchavadze Avenue presented to its guests the renovated Mortgage Center, offering a more comfortable environment for its customers. The quantity of the construction projects represented at the Center has significantly increased. Overall there are 51 construction projects, with 1575 apartments on sale currently. …

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Georgia Put four Past Gibraltar to Pick up third Group D win


Georgia have picked up their third victory of Euro 2016 qualifying by seeing off Gibraltar 4-0 in Tbilisi. The Crusaders needed 30 minutes to break down the Group D whipping boys, and were restricted to just four goals on home soil. Mate Vatsadze slotted home the first beyond the reach …

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Who will Attend Silk Road Forum 2015?

The Georgian capital of Tbilisi will host Silk Road Forum on October 15-16. The aim of the forum is to explore new visions of enhancing partnership in four main areas of cooperation: transport, energy, trade and people-to-people contacts. It will bring together more than 700 delegates from 30 countries and …

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EU Launches € 1.1 million Project to support Employment Service

The objective of the € 1.1 million project is to provide complex institutional and capacity building to empower the ESS and the Ministry of Labour, Health and Social Affairs of Georgia and other relevant staff to effectively fulfil its mission and duties and deliver well-targeted, high-quality, gender-sensitive and cost-effective services …

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