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Issue no: 854/32
• JUNE 21 - 23, 2016
• PUBLISHED TWICE WEEKLY
PRICE: GEL 2.50
In this week’s issue... MINDSPACE: a New Way of Influencing Behavior through Public Policy ISET PAGE 4
PASHA Bank Sponsors Bond Congress
FOCUS
PAGE 6
Ferretti Group Yachts to Enter Georgian Market
ON CREATING NEW OPPORTUNITIES
Georgian Govt opens Startup Georgia program to encourage business entrepreneurship for a more positive country
PAGE 3
Developing Gudauri: Govt and Constructors to Sign Memorandum
PAGE 8
International Conference Highlights South Caucasus Archaeology Finds
PREPARED BY MARIAM KIASASHVILI
O
n June 24, the Ministry of Economy and Sustainable Development, Mountain Resorts Development Company Ltd and Redco Ltd will be signing a Memorandum of Mutual Cooperation at Holiday Inn, Tbilisi. Prime Minister Giorgi Kvirikashvili; Vice-Premier, Minister of Economy, Dimitry Kumsishvili; Head of Mountain Resorts Development Company Ltd by the Ministry of Economy, Alexandre Onoprishvili, and the representatives of Starwood Hotels and Redco will be attending the event. Continued on page 5
PAGE 11
Dechert OnPoint: An Overview of Georgia’s Immigration Regime PAGE 13 Prepared for Georgia Today Business by
Markets As of 17ͲJunͲ2016
STOCKS Bank of Georgia (BGEO LN) GHG (GHG LN) TBC Bank (TBCB LI)
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
INDICES
Price
w/w
Price
w/w
m/m
GBP 24.92
+0,6%
+6,2%
GEOROG 05/17
102.06 (YTM 4.51%)
+0,2%
Ͳ0,1%
GBP 2.85
+9,4%
+28,0%
m/m
GEORG 04/21
BONDS
110.54 (YTM 4.42%)
Ͳ0,5%
Ͳ0,5%
US$ 13.00
Ͳ
+11,6%
GRAIL 07/22
110.50 (YTM 5.68%)
Ͳ0,5%
+1,1%
GEBGG 07/17
103.94 (YTM 3.84%)
Ͳ
Ͳ0,5%
Price
w/w
m/m
49,17
Ͳ2,7%
Ͳ0,2%
CURRENCIES
Price
w/w
m/m
1 298,65
+1,9%
+1,5%
GEL / USD
2,1800
+2,4%
Ͳ0,1%
GEL / EUR
2,4337
+1,7%
Ͳ1,3%
Price
w/w
m/m
GEL / GBP
3,1276
+3,1%
Ͳ0,8%
FTSE 100
6 021,09
Ͳ1,5%
Ͳ2,4%
GEL / CHF
2,2700
+2,8%
+1,9%
FTSE 250
16 422,04
Ͳ2,4%
Ͳ2,5%
GEL / RUB
0,0337
+2,7%
Ͳ
9 631,36
Ͳ2,1%
Ͳ2,6%
GEL / TRY
0,7449
+2,5%
+1,2%
17 675,16
Ͳ1,1%
+0,8%
GEL / AZN
1,4307
+2,2%
Ͳ1,6%
DAX DOW JONES NASDAQ
4 800,34
Ͳ1,9%
+1,8%
GEL / AMD
Ͳ
0,0046
+4,5%
MSCI EM EE
121,92
Ͳ2,1%
Ͳ4,2%
GEL / UAH
0,0876
+2,8%
+1,4%
MSCI EM
806,22
Ͳ2,1%
+0,6%
EUR / USD
0,8868
Ͳ0,2%
+0,3%
Ͳ1,2%
SP 500
2 071,22
+1,2%
GBP / USD
0,6964
Ͳ0,7%
+0,7%
MICEX
1 877,07
Ͳ1,4%
Ͳ1,7%
CHF / USD
0,9600
Ͳ0,5%
Ͳ2,1%
MSCI FM
2 576,22
+0,6%
+0,9%
RUB / USD
64,7542
Ͳ1,1%
GT Index (GEL)
819,99
+2,8%
+2,9%
TRY / USD
2,9274
Ͳ0,1%
Ͳ1,2%
GT Index (USD)
758,18
+2,4%
+5,4%
AZN / USD
1,5220
+0,1%
+1,8%
Ͳ0,1%