facebook.com/ georgiatoday
Issue no: 946/78
• MAY 16 - 18, 2017
• PUBLISHED TWICE WEEKLY
PRICE: GEL 2.50
In this week’s issue... China Increases Spending on the Silk Road
NEWS PAGE 2
Best Pedagogy for Georgia! ISET PAGE 4
FOCUS
ON CHINA
The deal is signed: let the tax-free trade begin!
PAGE 2
cnbc.com/GettyImages
Waving off the First Direct Flight from Tbilisi to London since 2013 BY KATIE RUTH DAVIES
World Bank Presents Trade in Transition, the Latest Economic Update for Europe & Central Asia PAGE 8
Retail FPI | Hard Times For Caffeine Lovers PAGE 9
T
he first Georgian Airways flight left Tbilisi for London Gatwick direct on Monday, the first direct flight from Tbilisi since British Midland ceased operations in Georgia in 2013. British Airways and its franchise partner British Mediterranean Airways (BMED) served the route between London Heathrow and Tbilisi until October 2007 when the business was bought by bmi British Midland. The latter continued to serve the route, offering services via Yerevan from October 2008 and then via Baku from March 2010, until its own sale to British Airways, who resurrected non-stop flights in October 2012 until the route ceased in March 2013. Continued on page 2 Source: tes.com
Natural Wines from the 8th Floor: Introducing Bina 37 SOCIETY PAGE 10
Winery Khareba Wins Gold Medal at Decanter Wine Awards SOCIETY PAGE 11 Prepared for Georgia Today Business by
Markets As of 12ͲMayͲ2017
STOCKS Bank of Georgia (BGEO LN) GHG (GHG LN) TBC Bank Group (TBCG LN)
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
INDICES
Price
w/w
m/m
Price
w/w
GBP 36.07
Ͳ1,1%
+6,7%
GEOROG 04/21
105.58 (YTM 5.17%)
+0,3%
+0,6%
GBP 3.65
Ͳ0,1%
+1,7%
GEORG 04/21
BONDS
111.38 (YTM 3.72%)
+0,2%
+0,5%
m/m
GBP 16.44
+0,2%
+9,3%
GRAIL 07/22
110.82 (YTM 5.32%)
+0,2%
+0,5%
BGEOLN 07/23
101.39 (YTM 5.73%)
+0,3%
+0,6%
Price
w/w
m/m
50,84
+3,5%
Ͳ9,0%
CURRENCIES
Price
w/w
m/m
1 228,43
+0,0%
Ͳ4,5%
GEL / USD
2,4350
Ͳ0,2%
+2,1%
GEL / EUR
2,6616
Ͳ0,3%
+4,6%
Price
w/w
m/m
GEL / GBP
3,1353
Ͳ0,9%
+4,8%
FTSE 100
7 435,39
+1,9%
+1,2%
GEL / CHF
2,4325
Ͳ1,6%
+2,2%
FTSE 250
19 762,97
+0,3%
+1,7%
GEL / RUB
0,0427
+1,4%
+1,7%
DAX
12 770,41
+0,4%
+5,1%
GEL / TRY
0,6815
Ͳ1,0%
+4,3%
DOW JONES
20 896,61
Ͳ0,5%
+1,5%
GEL / AZN
1,4526
+2,2%
+1,3%
Ͳ
+2,0%
148,95
+0,8%
+4,0%
GEL / UAH
0,0920
Ͳ0,1%
+3,6%
MSCI EM
1 002,37
+2,5%
+4,6%
EUR / USD
0,9147
+0,6%
Ͳ2,4%
SP 500
2 390,90
Ͳ0,3%
+2,0%
GBP / USD
0,7759
+0,7%
MICEX
1 994,58
Ͳ0,4%
+2,4%
CHF / USD
1,0009
+1,3%
Ͳ0,2%
MSCI FM
2 686,58
+1,7%
+2,0%
RUB / USD
57,0869
Ͳ1,5%
+0,8%
GT Index (GEL)
1 133,22
Ͳ
+0,0%
TRY / USD
3,5719
+0,8%
Ͳ2,1%
GT Index (USD)
931,07
Ͳ0,6%
+3,2%
AZN / USD
1,6775
Ͳ1,2%
+0,8%
NASDAQ MSCI EM EE
6 121,23
+0,3%
+4,9%
GEL / AMD
0,0050
Ͳ2,7%