Issue #1226 Business

Page 1

Issue no: 1226/218

• FEBRUARY 11 - 13, 2020 • PUBLISHED TWICE WEEKLY

In this week’s issue...

FOCUS ON TUSHETI

This week's ISET blog takes a look at how a community network is fueling Tusheti's development

PRICE: GEL 2.50

Weekly Entrepreneurial News @entrepreneur.ge NEWS PAGE 2

PAGE 4

Passenger Flow in Georgian Airports Down 3% in January BUSINESS PAGE 3

WHO Experts Leave for China As Mainland Deaths Rise Above 900 BUSINESS PAGE 3

Area Expo2020: A TwoDay Only Huge ExhibitionSale of Real Estate BUSINESS PAGE 5

EU Regards Georgia as Key Partner in the Region

State Audit Finds Flaws in Tbilisi Transport Company BUSINESS PAGE 7

Talakvadze Says Anaklia Port Must Go Ahead

BY TEA MARIAMIDZE

BUSINESS PAGE 10

T

How the Demotion of Medvedev & Surkov Will Affect Georgia & Why Kadyrov Left Chechnya

he European Union says it considers Georgia a key partner in the region and continues to fully support its sovereignty and territorial integrity within its internationally recognized borders. The statement was made in a report which assesses Georgia’s fulfillment of the EU-Georgia Association Agreement (AA), covering the period since the Association Council meeting in March 2019 and ahead of the next meeting in 2020.

POLITICS PAGE 11 Prepared for Georgia Today Business by

Markets As of 07ͲFebͲ2020

STOCKS

Image source: balcanicaucaso.org

Price

w/w

Bank of Georgia (BGEO LN)

GBP 16.08

+6,3%

+2,6%

Georgia Capital (CGEO LN)

GBP 7.72

Ͳ4,0%

Ͳ13,2%

Continued on page 6

BONDS

Price

w/w

m/m

GEOROG 04/21

104.52 (YTM 2.91%)

+0,1%

+0,0%

GEORG 04/21

105.53 (YTM 2.06%)

Ͳ0,02%

+0,1%

GBP 1.23

Ͳ

+4,2%

GRAIL 07/22

109.99 (YTM 3.41%)

Ͳ0,02%

+0,1%

GBP 12.50

+0,8%

Ͳ0,5%

GEBGG 07/23

106.25 (YTM 4.04%)

+0,2%

+0,7%

COMMODITIES

Price

w/w

m/m

CURRENCIES

Price

w/w

m/m

Crude Oil, Brent (US$/bbl)

54,47

Ͳ6,3%

Ͳ20,2%

GEL / USD

2,8575

Ͳ1,1%

Ͳ0,0%

GEL / EUR

GHG (GHG LN)

The report speaks about the economic situation in Georgia, its place in international ratings, major political activities, the media environment and the involvement of the non-governmental sector in decision-making processes. The document underlines that Georgia continues to be fully committed to and actively participates in the Eastern Partnership multilateral architecture, and adds that the country has provided a contribution. Their expectations are then outlined for the future policy framework. Regarding the economic situation, the report says that the macroeconomic outlook remains stable, with some downward risks.

m/m

TBC Bank Group (TBCG LN)

1 570,44

Ͳ1,2%

Ͳ0,2%

3,1275

Ͳ2,4%

Ͳ2,0%

GEL / GBP

3,6828

Ͳ3,5%

Ͳ1,9%

INDICES

Price

w/w

m/m

GEL / CHF

2,9216

Ͳ2,5%

Ͳ1,0%

FTSE 100

7 466,70

+2,5%

Ͳ1,4%

GEL / RUB

0,0448

Ͳ0,9%

FTSE 250

21 499,29

+1,7%

Ͳ1,5%

GEL / TRY

0,4748

Ͳ1,7%

Ͳ1,0%

DAX

13 513,81

+4,1%

+2,2%

GEL / AZN

1,6846

Ͳ0,9%

+0,1%

DOW JONES

29 102,51

+3,0%

+1,8%

GEL / AMD

0,0060

Ͳ

9 520,51

+4,0%

+5,0%

GEL / UAH

0,1164

+0,3%

Ͳ3,4%

185,07

Ͳ0,02%

Ͳ4,9%

EUR / USD

0,9136

+1,3%

+1,9%

Gold Spot (US$/OZ)

NASDAQ MSCI EM EE

Ͳ3,0%

Ͳ

1 091,64

+2,8%

Ͳ2,2%

0,7761

+2,5%

+1,9%

SP 500

3 327,71

+3,2%

+2,8%

CHF / USD

0,9777

+1,5%

+0,8%

MSCI FM

2 696,22

+1,2%

Ͳ1,3%

RUB / USD

64,0542

+0,1%

+3,4%

GT Index (GEL)

1 582,68

Ͳ

Ͳ

TRY / USD

6,0146

+0,5%

+0,7%

GT Index (USD)

1 208,13

Ͳ

Ͳ

AZN / USD

1,6980

Ͳ0,04%

Ͳ

MSCI EM

GBP / USD


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