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Monthly Archives: December 2016

Visa Drives Secure Cashless Payments in Georgia with Visa Token Service

Visa Token

First in Georgia Visa Token Service program launched in cooperation with the Bank of Georgia. Visa Token Service creates secure environment to help accelerate innovation in ecommerce and mobile payments. Visa today announced the launch of Visa Token Service in Georgia – an innovative technology that provides a secure environment …

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GEL Devaluated by 14.8% Against USD from Early this Year

GEL Devaluated by 14.8% Against USD from Early this Year

National Bank of Georgia (NBG) purchased the same amount of USD, as it had sold. According to Galt & Taggart, NBG made foreign exchange intervention 24 times. The central bank purchased over 278 million USD and sold 280 million, at that 40 million – in the previous week. It should …

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Tangerines Export to Increase in Ukraine and Armenia

The citrus season is in the active phase. The tangerines are one of the most important export products for Georgian agriculture. Orange vintage starts at the end of November and continues until December. The Minister of Agriculture, Lasha Komakhidze, talks about the statistics and results of Acharian orange vintage. Mr. …

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Georgian Airways to Restore Flights to Tehran

tehran

Georgian Airways plans to resume flights to Tehran. Flights will be performed twice a week, Givi Davitashvili, Georgian Airways director, noted. Previously, the airline used to perform flights to Iran, but this direction was suspended for a certain period, because of lack of passenger demand and the customer’s decision. The …

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Temur Chkonia: We Should Legalize Marijuana in Georgia

Temur chkonia

Georgia should legalize marijuana, businessman Temur Chkonia asserts. “Marijuana legalization issue has caused serious discussions. Both supporters and objectors actively defend their positions. Marijuana legalization is possible in Georgia and it should be legalized. This is much inspiration for economic recovery and for attracting tourists”,Temur Chkonia told BPI. However, legalization …

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Georgia’s Leading PR Professionals Give their Top Tips

PR

A while ago Caucasus Business Week has started it’s newest category PR, which sooner attracted everyone’s attention. We have interviewed dozens of Public Relation professionals and enjoyed their brave quotes and helpful pieces of advice. We offer you some of their best tips of being successful and becoming real expert. …

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Supporting Tourism – A New Statement on Corporate Social Responsibility From the Company that is Building the Shuakhevi HPP

Adjaristsqali Georgia LLC (AGL), which is constructing the Shuakhevi Hydroelectric Plant (HPP), issued a new statement on corporate social responsibility in support of tourism development in mountainous Adjara. According to official statistics, the number of tourists in Adjara is growing every year: 358,883 in 2012; 393,617 in 2013; 431,678 in …

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Georgia Demands to Build Tesla Gigafactory 2 in Georgia: Petition

Petition demanding construction of Tesla Gigafactory 2 in Georgia, as world’s biggest building has added 2.4 MILLION square feet in just six months in Nevada. “100 Tesla Gigafactories would be enough to give a renewable energy to the whole World” – Elon Musk Since TESLA is planning on to build its …

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Beeline Buys Two RadioFrequency Spectrum Licenses for 14 499 878 GEL

LLC Mobitel (Beeline) has bought two radiofrequency spectrum licenses for 14 499 878 GEL at Georgian National Communications Commission (GNCC) on December 23. Based on LLC Mobitel application, on November 8, 2016, GNCC announced two auctions for issuing radio frequency spectrum licenses. Two 2×5 mghz frequency lines in 2100 mghz …

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Sazamtro.ge-Online Shopping Website and Social Network

There is a new website sazamtro.ge, which offers the customers different services in the same space. It is possible to exchange items and also grant it as a gift along with shopping. Ia khomeriki will talk about the concept of the website and where the idea came from to create …

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