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The FINANCIAL -- During Global Finance's annual awards ceremony held in New York City on November 5, TBC Bank won two global sub-category awards in the Consumer Internet Banking category for Best Integrated Internet Bank Site and Best Bill Payment & Presentment.
The FINANCIAL -- The SME Market is considered one of the most dynamically growing segments of the Georgian economy and one of the major job-providers in the country.
The FINANCIAL -- “Georgia now has one of the most liberal business environments, but it is not yet a place where doing business (as opposed to registering a business) is actually easy. Among the key problems are access to finance, qualified labor, small market size and independence of the judiciary,” the authors of the recent report National Competitiveness – Georgia by ISET, financed by USAID believe.
The FINANCIAL -- There are many things that come to mind when asked to describe Georgian culture. Hospitality, food, wine, song anddance are usually cited;people reference the church, supras, patriotism, heavy drinking, a passionate spirit, and more. When asked to identify what makes an individual a Georgian, though, there seem to be a few very clear criteria.
The FINANCIAL -- The growing popularity of mobile phones and the internet is reducing the demand for fixed-line phones.
The FINANCIAL -- The Georgian economy is recovering, changing the platform and is moving from the old strategy to a new one, which will be based on private business development instead of implementing needless infrastructural projects, Nodar Khaduri, Georgia’s Finance Minister, told The FINANCIAL.
The FINANCIAL -- Georgia is set to sign an Association Agreement with the European Union in September of 2014, Tamar Beruchashvili, Deputy Minister at the Ministry of Foreign Affairs of Georgia, told The FINANCIAL.
The FINANCIAL -- “Even as Georgia builds on its strong progress since the Rose Revolution, the change in government opened the door to re-evaluation of important policy directions,” Stephen Haykin, the Mission Director for USAID programmes in Georgia, told The FINANCIAL.
The FINANCIAL -- A wide range of high quality mobile phones at the best prices, the most favourable offers, a highly qualified team of experts, unlimited possibilities of mobile internet and a special environment - this is what communications company Geocell brings together in one space, as it invites everybody to take part in the latest achievements of the mobile world that it offers.
The FINANCIAL -- “Taking additional social liabilities by the state is not the way to proceed. Additional social liabilities will be justified only after the economic situation is improved and more or less sustainable growth is achieved”, authors of the latest report by Economic Policy Research Center believe.
The FINANCIAL -- At the international RSM conference, Georgian audit, advisory and consulting company Capto Group was recognized as the fastest-growing of the network’s members, with an annual income of up to 10 million USD - the increase in its revenues amounted to 109% in 2013.
The FINANCIAL -- Now 19 years old, Aversi has been stably developing on the Georgian market for almost two decades.
The FINANCIAL -- In a few years the budget of Georgia will not have enough money to cover pension payments, according to the Ministry of Labour, Health and Social Affairs.
The FINANCIAL -- A newly published report supported by Zurich Insurance Group (Zurich) and conducted by the Business Continuity Institute (BCI) highlights the lack of visibility businesses have of their supply chain and the potential disruption that could occur as a result.
The FINANCIAL -- Three quarters of householders say they expect some sort of major expense to crop up over the next year, yet only 40% intend to save 'just in case', new AA research reveals.
The FINANCIAL -- As night-time draws in earlier, the threat of burglary will become a real concern for many. However, age-old fears that dark evenings create more opportunities for thieves may be unfounded as AA Home Insurance data reveals little correlation between winter nights and burglaries.
The FINANCIAL -- The AA is supporting Trading Standards Institute (TSI) and Citizens Advice Bureau at the start of a month-long campaign to help people avoid the pitfalls of buying used cars.
The FINANCIAL -- The Bentley Mulsanne Shaheen, a vehicle specifically created for the Middle East market, made its debut at the Dubai Motor Show. The new luxury flagship model draws its inspiration from the Shaheen eagle, a bird of prey that is embedded in Middle Eastern culture and society, according to Bentley.
The FINANCIAL -- Porsche delivered 13,393 vehicles to customers around the world in October of this year, achieving an increase of 14.6 percent compared with the same month last year, according to Porsche Cars North America, Inc.
The FINANCIAL -- Ford China continued to expand sales in October, with 93,969 wholesale units sold, up 55 percent from October 2012. Following a record third quarter, year-to-date sales also remain strong with 741,818 wholesale units sold, up 52 percent compared to the same period last year, according to Ford Motor Company.