The FINANCIAL -- The ongoing devaluation of the Georgian Lari is having an impact on Georgian businesses. As one of the leading Georgian food producers, Nikora is continuing to maintain its existing prices, by reducing its interest margin. However, if the exchange rate reaches GEL 2.50 to USD 1, then the company will be forced to revise its price policy, Nikora’s CEO has said. The company plans ...
The FINANCIAL -- Mastercard has placed Georgia in a leading position in terms of cashless payments compared to its other ‘Ukraine Cluster’ countries. Georgians’ addiction to innovation in ...
The FINANCIAL -- In line with the fast growing tourism sector of Georgia, its hospitality sector remains a focus point for investors. Currently most of the development pipeline as well as the market ...
The FINANCIAL -- Art is digitized, forged and sold on a nebulous market. Eric Wolzenburg, head of art insurance at Allianz Germany, explains how to insure art pieces nevertheless, according to ...
The FINANCIAL -- First Deputy Managing Director David Lipton sat down with Shekhar Aiyar of the IMF’s European Department to discuss some of the key themes from the October 2016 Annual Meetings in ...
The FINANCIAL -- Corporate and infrastructure Islamic financing in the Gulf region has been lower than in previous years. S&P Global’s regional expert and associate director, Karim Nassif, ...
The FINANCIAL -- The trade and FDI volume of Sweden and overall Scandinavian countries to Georgia remains one of the lowest. Low awareness of Georgia in the Nordic states is one of the main reasons ...
The FINANCIAL -- Being as local as possible is a core principal for succeeding on foreign markets. Delivering values to the market you enter is considered another important factor. These are the ...
The FINANCIAL -- Dominance of the two large institutions, TBC Bank and Bank of Georgia, capturing over 60% of the domestic market, creates barriers to entry for new participants and affects ...
The FINANCIAL -- Quick reform of business regulations is required by Tajikistan in order to deal with external shocks that are undermining its economic growth prospects, the Asian Development Bank ...
The FINANCIAL -- To help EU consumers cut their energy bills and carbon footprint, a brand new version of the widely-recognised EU energy label will be...