Issue no: 1228/219
• FEBRUARY 18 - 20, 2020 • PUBLISHED TWICE WEEKLY
PRICE: GEL 2.50
In this week’s issue... Weekly Entrepreneurial News @entrepreneur.ge NEWS PAGE 2
Real Estate Market Oct-Dec 2019 Market Highlights ISET PAGE 4
FOCUS ON EURONEWS GEORGIA Check out our exclusive interview with Euronews CEO, Michael Peters
PAGE 13
Georgia Ranks 18th among Best European Countries for Business 2020 BY TEA MARIAMIDZE
Re|Bank – New Retail Banking Service in Georgia aimed at Maximum Customer Comfort BUSINESS PAGE 5
CENN Launches Green Scholarship for Young Climate Activists BUSINESS PAGE 9
Registered Crime up 9.8% in Georgia BUSINESS PAGE 11
Georgian PM Summarizes Munich Security Conference POLITICS PAGE 14
Premiere of Gaetano Donizetti’s L'Elisir d'Amore – a Co-production of 3 European Theaters
G
eorgia has taken 18th place in the list of the best European Countries for Doing Business in 2020, the latest report of the European Chamber (EuCham) reads. The annual report includes 46 countries and is based on the average of two indicators: the Ease of Doing Business (EoDB) score of the World Bank (WB) and the Corruption Perception Index score of Transparency International (TI).
CULTURE PAGE 15 Prepared for Georgia Today Business by
Markets
Image source: expat.com
Despite the position in the Top 20 countries with the best business opportunities, Georgia’s score this year, 70, is a worsened indicator compared to the 2019 ranking, where Georgia had 71 points and was in 16th place. However, Georgia has kept its position as leader in the region with its economic environment. According to the report, Armenia takes 33rd place with 58 points, followed by Turkey in 35rd place and 58 points. Azerbaijan is ranked 41st with 53 points, and Russia showed the lowest rank in the region at 43rd with 53 points in total. Georgia left behind such countries as Portugal (19th place), Latvia (21st), Poland (67th), Italy (63rd), Belarus (29th), Hungary (31st), Greece (34th), Kazakhstan (39th) and Ukraine (50th). Continued on page 5
As of 14ͲFebͲ2020
STOCKS Bank of Georgia (BGEO LN) Georgia Capital (CGEO LN) GHG (GHG LN)
w/w
m/m
GBP 17.93 +11,5%
Price
w/w
m/m
GEOROG 04/21
104.85 (YTM 2.57%)
+0,3%
+0,4%
GBP 8.16
Price
+5,7%
+10,0% Ͳ8,2%
GEORG 04/21
BONDS
105.47 (YTM 2.02%)
Ͳ0,1%
Ͳ0,0%
GBP 1.28
+4,1%
+2,8%
GRAIL 07/22
110.11 (YTM 3.32%)
+0,1%
+0,0%
GBP 13.32
+6,6%
+5,7%
GEBGG 07/23
106.55 (YTM 3.94%)
+0,3%
+0,5%
COMMODITIES
Price
w/w
m/m
CURRENCIES
Price
w/w
m/m
Crude Oil, Brent (US$/bbl)
57,32
+5,2%
Ͳ11,1%
GEL / USD
2,8645
+0,2%
Ͳ0,3%
1 584,06
+0,9%
+2,4%
GEL / EUR
3,1031
Ͳ0,8%
Ͳ3,1%
GEL / GBP
3,7371
+1,5%
Ͳ0,1%
Price
w/w
m/m
GEL / CHF
2,9175
Ͳ0,1%
Ͳ1,9% Ͳ4,1%
TBC Bank Group (TBCG LN)
Gold Spot (US$/OZ)
INDICES FTSE 100
7 409,13
Ͳ0,8%
Ͳ2,8%
GEL / RUB
0,0449
+0,2%
FTSE 250
21 790,08
+1,4%
+0,2%
GEL / TRY
0,4730
Ͳ0,4%
Ͳ3,2% Ͳ0,1%
DAX
13 744,21
+1,7%
+2,1%
GEL / AZN
1,6894
+0,3%
DOW JONES
29 398,08
+1,0%
+1,6%
GEL / AMD
0,0060
Ͳ
9 731,18
+2,2%
+5,2%
GEL / UAH
0,1171
+0,6%
Ͳ3,4%
186,25
+0,6%
Ͳ6,1%
EUR / USD
0,9233
+1,1%
+2,7%
GBP / USD
NASDAQ MSCI EM EE
Ͳ
1 106,30
+1,3%
Ͳ3,3%
0,7665
Ͳ1,2%
SP 500
3 380,16
+1,6%
+3,0%
CHF / USD
0,9823
+0,5%
+1,5%
MSCI FM
2 663,13
Ͳ1,2%
Ͳ3,7%
RUB / USD
63,5540
Ͳ0,9%
+3,4%
GT Index (GEL)
1 582,68
Ͳ
Ͳ
TRY / USD
6,0587
+0,7%
+3,0%
GT Index (USD)
1 208,13
Ͳ
Ͳ
AZN / USD
1,6980
Ͳ
Ͳ
MSCI EM
Ͳ0,2%