Issue no: 1261
• AUGUST 28 - SEPTEMBER 3, 2020 • PUBLISHED WEEKLY
In this week’s issue...
FOCUS
Corona Updates: Georgia Gets Ready to Re-Open Education & Cultural Life
ON KUTAISI INT'L UNIVERSITY
1000 students get ready to enter Georgia's top-standard int'l state university
PRICE: GEL 2.50
NEWS PAGE 2
Elections: Opposition Alleges Alliance of Patriots Will Be Funded by the Kremlin
PAGE 9
POLITICS PAGE 4
History of Georgian Entrepreneurship (late 19thearly 20th cc.) BUSINESS PAGE 7
Bolnisi Establishes New Platform for Efficient Business with Support of EU Initiative BUSINESS PAGE 8
Georgian Gov’t Encourages Foreigners to Move to Georgia & Work Remotely BY ANA DUMBADZE
A
s part of the strategy of the gradual opening up of the country, the Coordination Council of the Government in July took the decision to set up a special entry regime for foreign citizens wishing to come and work remotely from Georgia. The project is intended for foreigners who are freelancers who work remotely or can manage their businesses from any part of the world. "We invite citizens who are working remotely for global companies in 95 countries to come to Georgia, where they’ll have the chance to fulfill their job responsibilities remotely for at least 180 days," Prime Minister Giorgi Gakharia stated at Wednesday's session of the Interagency Coordination Council. "The National Tourism Administration has a very good initiative, entitled 'Work from Georgia.' In the context of the global pandemic, more and more transnational corporations and global companies are switching to remote work, meaning the geographical location of people does not matter in order for them to exercise their rights and responsibilities. Continued on page 2
New Seafood Restaurant ‘Calligraphy’ in Batumi to Surprise Guests with Special Dishes SOCIETY PAGE 10
Accepting Submissions: Iranian Film Festival Dedicated to Honor Healthcare Workers amidst COVID-19 Pandemic CULTURE PAGE 11 Prepared for Georgia Today Business by
Markets As of 24ͲAugͲ2020
w/w
m/m
Bank of Georgia (BGEO LN)
GBP 8.94 +12,5%
+9,8%
GEOROG 04/21
102.16 (YTM 3.44%)
+0,9%
+0,7%
Georgia Capital (CGEO LN)
STOCKS
GBP 3.71
Ͳ2,2%
Ͳ2,2%
GEORG 04/21
102.76 (YTM 2.41%)
+0,1%
+0,3%
GHG (GHG LN)
GBP 0.71
Ͳ
Ͳ5,2%
GRAIL 07/22
104.64 (YTM 5.12%)
Ͳ0,3%
+1,6%
TBC Bank Group (TBCG LN)
GBP 8.80
+0,5%
+13,0%
GEBGG 07/23
103.38 (YTM 4.74%)
+0,4%
+2,0%
Price
w/w
m/m
CURRENCIES
Price
w/w
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
BONDS
Price
w/w
m/m
m/m
45,13
Ͳ0,5%
+4,1%
GEL / USD
3,0785
+0,2%
+0,1%
1 928,88
Ͳ2,8%
+1,4%
GEL / EUR
3,6289
Ͳ0,4%
+1,3%
GEL / GBP
4,0193
Ͳ0,1%
+2,2%
INDICES
Price
w/w
m/m
GEL / CHF
3,3760
Ͳ0,1%
+1,1%
FTSE 100
6 104,73
Ͳ0,4%
Ͳ0,3%
GEL / RUB
0,0413
Ͳ1,0%
Ͳ3,7%
FTSE 250
17 685,07
Ͳ0,5%
+2,4%
GEL / TRY
0,4174
+0,3%
Ͳ7,1%
DAX
13 066,54
+1,1%
+1,8%
GEL / AZN
1,8109
+0,2%
+0,1%
DOW JONES
28 308,46
+1,7%
+6,9%
GEL / AMD
Ͳ
Ͳ1,6%
NASDAQ
11 379,72
+2,2%
+9,8%
GEL / UAH
0,1124
Ͳ0,7%
+1,7%
151,03
Ͳ2,7%
+1,5%
EUR / USD
0,8483
+0,7%
Ͳ1,1%
MSCI EM EE MSCI EM
Image Source: insider.com/Maya Karkalicheva/Getty Images
Price
+4,5%
GBP / USD
0,0063
Ͳ2,1%
1 108,23
+0,8%
SP 500
3 431,28
+1,5%
+6,7%
CHF / USD
0,9119
+0,6%
Ͳ0,9%
MSCI FM
2 206,36
Ͳ0,6%
+4,2%
RUB / USD
74,6519
+1,3%
+4,1%
GT Index (GEL)
1 582,68
Ͳ
Ͳ
TRY / USD
7,3764
Ͳ0,1%
+7,7%
GT Index (USD)
1 208,13
Ͳ
Ͳ
AZN / USD
1,6988
na
na
0,7655
+0,3%