Issue 5, 2019. October-November

 

INVESTMENT NEWS

Investor.ge provides a brief update on investments and changes in government policy that could impact the business environment.
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THE RUSSIAN FLIGHT BAN - MORE BARK THAN BITE?

The Russian flight ban has hurt the Georgian economy to an extent, but the data show the damage has been limited, and that the push of recent years to diversify the tourism market in Georgia away from Russia and towards upper-income countries has partially made up for this year's set back.
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AMCHAM GEORGIA'S SUPPORT FOR NONSTOP US-GEORGIA FLIGHTS

Launching direct flights to and from the United States has long been a topic of discussion and interest in Georgian financial and political circles. The biggest move to date came on September 10, when a delegation headed by Georgian Economy Minister Natia Turnava began talks with two leading US airlines - Delta and United.
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GEORGIA BETTING BIG ON CRYPTO - BUT HOW IS IT PLAYING ITS CARDS?

Big Cryptocurrency Players have helped Georgia become an unlikely pioneer of RELated technologies.
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UK'S BIG IDEA CHALLENGE SPARKS FRESH BURST OF YOUTH ENTREPRENEURSHIP

The Big Idea Challenge is an annual competition that puts it to youth in the Caucasus, Central Asia and Eastern Europe to come up with innovative business ventures. Here's a look at this year's victors in Georgia.
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IF YOU BUILD IT, THEY WILL COME - BACK. REPOPULATING GEORGIA'S MOUNTAINS

Georgian mountain regions have lost up to 30% of local residents to urban migration - the government's strategy on the development of high mountainous settlements is working to bring them back, and the moutnain regions into the fold of the larger Georgian economy.
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DELICIOUS, NUTRITIOUS AND LOCAL - HELPING SMALL PRODUCERS ACCESS THE GEORGIAN MARKET

Small producers have much to offer, but need help in getting their products onto store shelves and in front of the eye of consumers - the union of georgian entrepreneurs is trying to do just that.
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CIRCULAR MIGRATION: FUELING PROFESSIONAL DEVELOPMENT AND ADDRESSING UNEMPLOYMENT IN GEORGIA

The European labor market is attractive to Georgians, but Europe is wary of mass migration. The answer could be circular migration: a system by which workers are allowed to travel to work in a host country for given periods of time, before coming back to Georgia for a while and then 'circling' out again later on another short-term contract.
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THE RISE OF GEORGIA'S ONLINE HIGH STREET

Georgia's retail scene has changed dramatically in recent years with the Arrival of large, international brands. Slowly, however, the market is moving off the streets and onto online sales platforms - many geared towards local producers.
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