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Issue no: 830/20
• MARCH 29 - 31, 2016
• PUBLISHED TWICE WEEKLY
PRICE: GEL 2.50
In this week’s issue... Georgian Railway Signs Memorandum with Turkish LAM Group PAGE 3
Why Georgia Is Not South Korea (or Israel)? ISET PAGE 4
FOCUS
ON VOCATIONAL EDUCATION PAGE 3
New reforms to introduce teaching through partnership between the public and private sectorsguaranteeing qualified employees and lower unemployment
Treepex: Plant a Tree at the Touch of a Button BY EKA KARSAULIDZE
T
reepex is an innovative mobile application that will change the idea of purchasing. By buying a product with the Treepex logo, you will automatically be planting trees in Protected Areas of Georgia, thus promoting the growth of Georgian species of trees and improving the ecological background of the country. Founders of the project, two friends Bacho Khachidze and Lasha Kvantaliani, said that the project consists of three components – environment, new technologies and the human factor. The project works quite simply: you go to a shop, buy a product that you were planning to buy anyway, and if it has a Treepex logo, you download the same name app (Android and iOS), scan the logo’s unique QR Code, take a photo of your purchased item and upload the photo on your social network. Continued on page 3
New Multifunctional Complex to Be Built in Batumi PAGE 5
Georgia’s Healthcare Reform GALT & TAGGART PAGE 6
World Bank to Give USD 40 Mil to National Innovation Ecosystem Project PAGE 8
Where is Georgia with Turkey-Russia Crisis? PAGE 10
Dechert OnPoint: The New Elements of Produce in Georgia PAGE 11 Prepared for Georgia Today Business by
Markets As of 25ͲMarͲ2016
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 20.37
+0,8%
+5,3%
GEOROG 05/17
100.75 (YTM 6.17%)
+0,2%
+1,1%
GBP 1.64
+3,8%
+9,3%
m/m
GEORG 04/21
BONDS
107.40 (YTM 5.19%)
+0,1%
+1,9%
US$ 10.30
+6,6%
+8,4%
GRAIL 07/22
106.44 (YTM 6.48%)
+0,7%
+2,8%
GEBGG 07/17
103.63 (YTM 4.75%)
Ͳ0,1%
+0,5%
Price
w/w
m/m
40,44
Ͳ1,8%
+14,6%
1 217,05
Ͳ3,1%
Ͳ1,3%
w/w
m/m
GEL / USD
2,3350
+2,4%
Ͳ5,8%
GEL / EUR
CURRENCIES
2,6074
Price
+1,5%
Ͳ4,5%
Price
w/w
m/m
GEL / GBP
3,2953
Ͳ0,5%
FTSE 100
6 106,48
Ͳ1,3%
+1,6%
GEL / CHF
2,3830
+0,9%
Ͳ4,8%
FTSE 250
16 674,35
Ͳ1,3%
+1,7%
GEL / RUB
0,0342
+2,4%
+4,3%
9 851,35
Ͳ1,0%
+5,6%
GEL / TRY
0,8118
+2,1%
Ͳ4,1%
17 515,73
Ͳ0,5%
+4,9%
GEL / AZN
1,4461
+2,4%
Ͳ8,7%
4 773,51
Ͳ0,5%
+4,2%
GEL / AMD
0,0048
+2,1%
DAX DOW JONES NASDAQ
Ͳ4,9%
Ͳ4,0%
MSCI EM EE
121,53
Ͳ4,0%
+12,5%
GEL / UAH
0,0900
+5,0%
Ͳ1,5%
MSCI EM
812,32
Ͳ1,7%
+10,5%
EUR / USD
0,8955
+0,9%
Ͳ1,3%
SP 500
2 035,94
Ͳ0,7%
+4,3%
GBP / USD
0,7075
+2,4%
Ͳ1,2%
MICEX
1 866,23
+0,8%
Ͳ1,3%
MSCI FM
Ͳ2,5%
+3,5%
CHF / USD
0,9776
2 455,24
Ͳ0,2%
+6,3%
RUB / USD
68,1750
Ͳ0,1%
GT Index (GEL)
886,18
Ͳ
Ͳ0,0%
TRY / USD
2,8758
+0,3%
Ͳ1,8%
GT Index (USD)
749,81
Ͳ0,8%
+6,4%
AZN / USD
1,6163
+2,0%
+3,3%
Ͳ9,5%