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Daily Archives: October 3, 2018

KPMG Georgia to Carry out Audit at National Bank

NBG Reduces Its Policy Rate By 25 Basis Points To 6.75%

KPMG Georgia will carry out an audit of the reporting of National Bank of Georgia (NBG). The corresponding draft resolution was prepared by the parliament’s finance and budget committee and it will be submitted to the parliament for voting. Under the resolution, KPMG Georgia is to audit the 2018-2019 reporting …

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Going Full Circle for Growth and the Planet

The business case for making our economy more sustainable is clear. Globally, transitioning to a circular economy – where materials are reused, re-manufactured or recycled-could significantly reduce carbon emissions and deliver over US$1 trillion in material cost savings by 2025. The benefits for Asia and the Pacific would be huge. …

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Harry Potter Accesoires in Georgia Became an Exclusive Partner of Bioworld

The company “Harry Potter Accessories in Georgia” became an exclusive partner of one of the biggest international corporations and pop culture, according to Company’s founder Giorgi Gikorashvili. “Harry Potter’s Accessories” aims at making Poerheads’ dreams come true. Giorgi founded it at the age of 14 and manages it successfully until …

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Georgia to Set up Commercial Arbitration of International Chamber of Commerce

Georgia plans to establish a commercial arbitration of International Chamber of Commerce, Prime Minister Mamuka Bakhtadze noted before today’s government meeting. The due agreement will be signed in Paris on December 20, he added. ‘This signifies that, in practice, Georgia will be another country in Europe, which will offer similar …

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Government to Let Foreign Citizens Easier Launch Business in Georgia

Revolutionizing changes are coming, Prime Minister Mamuka Bakhtadze noted when discussing government’s new initiatives, under which citizens of 34 countries will be allowed to register new business companies in Georgia in electronic format without arriving in the country, as well as to open bank accounts and enjoy various preferences. This …

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