Issue 2, 2018. April-May

 

INVESTMENT NEWS

Investor.ge provides a brief update on investments and changes in government policy that could impact the business environment. The information in this issue was taken from agenda.ge, a government- supported website, and other sources.
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THE BEST MINDS IN THE BUSINESS: FAMOUS ECONOMISTS WEIGH IN ON GEORGIA

Investor.ge is piloting a new column: questions with internationally renowned economists. We are reaching out to economists from all over the world who have written popular and well-regarded books on the issues that are important to the Georgian economy and to developing economies, and to economists working at think tanks that are at the forefront of development policy.
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INCREASED INTEREST FOR GEORGIAN GREEN BONDS

Georgia needs billions of dollars to meet its climate and 'green' growth goals. While there is little chance of international investors footing the bill, a new investment product - green bonds - could provide much needed funding.
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BRINGING THE TALENT BACK: HOW COUNTRIES ARE GETTING SKILLED WORKERS TO COME HOME

There is nothing new about skilled workers seeking better opportunities abroad. What is changing, however, is how traditional 'exporter' countries view the situation.
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REVERSING THE BRAIN DRAIN: EXPERIENCED DIASPORA ARE RETURNING TO TAKE JOBS IN GEORGIA'S FINANCIAL SECTOR

Well-educated members of Georgia's diaspora are leaving good jobs at major financial institutions overseas for the chance to make a difference in the country's growing banking sector.
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TESTING THE ORGANIC STANDARD: TURNING NATURAL GEORGIAN PRODUCTS INTO BONA FIDE ORGANIC GOODS

There are a lot of people in Georgia who still believe that all locally grown agricultural products are 'natural' and 'organic.' Georgians are proud of their fruits and vegetables, which indeed are aromatic, juicy and have a more intense taste than their Western counterparts. But are they really organic?
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GEORGIAN TEA GETS A REBOOT FROM LOCAL ENTREPRENEURS

Georgian tea was once a major export, with local plantations producing tea for consumers around the Soviet Union and beyond. In the 1990s, local production faltered and exports dwindled. Today, however, Georgian investors are slowly reclaiming the brand and cultivating a new, niche market for premium tea.
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GEORGIA GRAPPLES WITH QUALITY OVER QUANTITY IN TOURISM

As the number of international tourists traveling to Georgia increases every year, the government and tourism-industry specialists are asking how to turn the country into a premium tourism destination.
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BUY LOCAL: GEORGIAN COMPANIES TARGET THE DOMESTIC MARKET

Georgia's trade balance is import-heavy, with consumers offered a wide range of products from the exclusive to the mundane. Today, the government is partnering with local entrepreneurs to manufacture and produce goods for domestic consumption.
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GEORGIAN GOVERNMENT EYES E-MARKET, PROPOSES DOMESTIC 'AMAZON'

The Georgian Economy Ministry has floated the idea of building an Amazon-type service based on the Georgian Post. Georgian companies are becoming increasingly active in e-commerce, but worry a government-supported player could disrupt the field.
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CRYPTOCURRENCIES, BLOCKCHAIN TECHNOLOGY CONTINUES TO EXCITE ENTREPRENEURS IN GEORGIA

Georgia has been on the forefront of blockchain technology and cryptocurrencies, starting in 2014 with the BitFury investment, and continuing to the government's pilot project on using blockchain technology in the public registry.
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INNOVATORS AND DISRUPTORS: IDEAS TO BRING CHANGE

Investor.ge is starting a new column on the entrepreneurs pushing Georgia's development forward. For the first interview, our spoke with Sean Mulcahey about Spotcoin's plans to use blockchain technology to help vulnerable Georgians.
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A WINE FOR ALL OCCASIONS: PAIRING GEORGIAN WINES WITH SEASONAL DISHES

Georgian wine is gaining popularity with connoisseurs and wine lovers around the world. But what to do if you don't know a Rkatsiteli from a Saperavi? And which wines go best with which dishes? Investor.ge asked five experts to recommend three seasonal spring dishes, paired with the perfect Georgian wine.
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