Issue #946 Business

Page 1

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%


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