11.09.10
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Currency Rates(GEL)
11-09-2010
USD 1.8539 +0.0029
EUR 2.357 +0.0046
GBP 2.8557 -0.0050
RUB 6.0035 (100) +0.0107
UAH 2.3443 (10) +0.0037
AZN 2.3064 +0.0036
AMD 5.0952 (1000) +0.0030
All currency Rates
World Indicies
Index Value Change
G&T Index (GEL) 187.2 +11.9%
RBC Comp 147.28 -0.17%
DJA 3482.29 +0.19%
NASDAQ 2114.03 -0.28%
CAC 40 3490.79 +0.11%
FTSE Eurotop 300 5225.22 0%
DAX 5925.22 0%
S&P 500 1049.33 +0.04%
SSMI 6180.89 -0.39%
NIKKEI 225 8927.02 +1.17%
All Indicies
World Prices(USD)
Product Value Change
Gold NYMEX 1248.30 +0.91%
Platinum 1501.49 -0.46%
Silevr 18.89 +0.69%
Palladium NYMEX 500.40 +0.50%
Nickel 20710 +1.55%
Aluminum (Comex) 2045 +0.48%
Oil (Brent) 75.16 +0.70%
Gas(NYMEX) 3.8160 +0.10%
Sugar LIFFE 578.70 +0.24%
Cocoa, USD (tone) 2740 -0.12%
Wheat 154.60 +1.71%
 

  
2010.09.10 16:11
Tbilisi (GBC) - A mission of the International Monetary Fund (IMF) is visiting Georgia.
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Legislature
  2010.07.07 15:41Finance Ministry Develops Bill on Restructuring Tax Liabilities and State Loans
Tbilisi (GBC) - A bill of amendments is expected to be made to the law on restructuring tax liabilities and state loans, Natia Mikeladze, deputy Finance Minister, told GBC. Read more...
  2010.05.06 18:47National Bank Sold 20 million USD by Currency Auction on May 6
Tbilisi (GBC) - On May 6 the National Bank of Georgia (NBG) sold 20 million USD by currency auction. Read more...
  2010.05.03 12:33Georgia Issues 1 785 Construction Licenses in 2010
Tbilisi (GBC) - A total of 1 785 licenses were issued in the first quarter of 2010, including 462 residential construction licenses and 713 nonresidential construction licenses, GeoStat, the National Statistics Office of Georgia, says. Read more...
  2010.01.18 13:08Tbilisi Municipal Office of Architecture to Issue Permits for Outdoor Advertisements
Tbilisi (GBC) - Outdoor advertisements on buildings must correspond to the city appearance. Read more...
  2010.01.09 14:58Tbilisi City Hall Lowers Construction License Tariffs
Tbilisi (GBC) - Tbilisi City Hall has lowered tariffs for issuing construction licenses. Read more...
  2008.12.10 17:01Customs Brokers Required to Present Guarantees to the State before Launching Activities
Tbilisi (GBC) - To launch brokerage activities, customs brokers will have to present guarantees to the state. Read more...
  2008.12.10 16:35Banks in Receivership will not be Fined for Overdue Payment of Budget Liabilities
Tbilisi (GBC) - Banks in receivership will not be imposed fines for the failure to pay in due time liabilities to the budget according to the amendments to the Tax Code. The Bank Supervision Agency recommended that the provision be introduced to the Tax Code. Read more...
  2008.12.03 15:26Government to Increase Gambling Business Fees
Tbilisi (GBC) - The government will increase fees for gambling business. Read more...
  2008.11.21 12:54Apartment Sale and Acquisition Exempted from Taxes for Four Years
Tbilisi (GBC) - According to amendments to the Tax Code those who acquire apartments will be exempt from taxes. Read more...
  2008.10.30 12:47Banking Experts Suggest Introducing Deposit Insurance System
Tbilisi (GBC) - Banking experts have asked for the introduction of a deposit insurance system. The insurance fund will increase the confidence of population in banks, which would contribute to the rate of increasing deposits, say experts. Read more...
  2008.10.03 13:51Minimum Reserve Requirement Decision for Commercial Banks Enacted
Tbilisi (GBC) - The decision by the National Bank of Georgia (NBG) to lower the minimal reserve requirement to 5% from 13% entered into force on October 2. Read more...
  2008.09.16 19:06Financial Supervision Agency Further Loosens Requirements for Commercial Banks
Tbilisi (GBC) - The Financial Supervision Agency has further lowered requirements for commercial banks in the aftermath of the August developments in the country. Read more...
  2008.09.12 19:02NBG Cuts Minimum Reserve Requirement for Commercial Banks
Tbilisi (GBC) - The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) discussed minimum reserves for banks and decided to lower the minimum reserve requirements to 5%, a factor which should resists the decline in the money multiplier. Read more...
  2008.09.03 13:32Tbilisi City Hall to Auction Non-Agricultural Lands Plots
Tbilisi (GBC) - Tbilisi City Hall will sell non-agricultural lands owned by local self-government bodies by auction. Read more...
  2008.08.28 15:06Tbilisi City Hall to Auction Non-Agricultural Land and Real Property
Tbilisi (GBC) - The Tbilisi City Hall will auction non-agricultural land plots and real property owned by local self-government bodies. Read more...
  2008.07.17 15:58New Duties to Be Levied on Construction in Tbilisi
Tbilisi (GBC) - New duties will be levied on newly launched constructions according to the amendments to the Law on Capital. Read more...
  2008.06.20 16:27Georgia Has not State Control over Precious Stones, says Head of Zarapkhana Examination and Analysis Service
Tbilisi (GBC) - There is no state control imposed on precious stones. The Department of Precious Stones and Metals existed in the country until it was abolished in 2005. Read more...
  2008.06.05 16:57Regulatory Board to Control Construction in Tbilisi
Tbilisi (GBC) - The a special regulatory board will control construction works in Tbilisi. Under the May 16 decree of the Tbilisi City Hall, the board was set up at the Tbilisi Municipality. Read more...
  2008.04.21 17:00Tbilisi Public Register Waves Registration of Real Estates Situated in Regions
Tbilisi (GBC) - The Tbilisi Public Register has waved to register real estates situated in regions of Georgia on purpose to cut the queues. Read more...
  2008.04.15 12:09Lands of State Forestry Funds Isn't Inferior to Recognition of Ownership Rights
Tbilisi (GBC) - Under the amendments to the Law on Recognition of Ownership Rights on Lands in Ownership of Physical and Private Law Legal Bodies, lands of the State Forestry Fund isn't subjected to the recognition of ownership rights any more. Read more...


   
              
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  GBC and UGBC Company Joint Project - Business and Marketing Researches  


Euromoney ISI Emerging Marketsdelivers hard-to-get information on about 80 emerging markets through its award-winning online Emerging Markets Information Service directly to 13 000 investment, consulting and other international companies; has offices in 28 countries. (GBC' partner since November 2006).


Dow Jones Factiva - provides news coverage on business and economic developments and derives information from  about 14000 reliable sources. Dow Jones Factiva has offices in about 50 states worldwide. (GBC's partner since February 2007). 


  ICC Georgia - has 100 member companies in Georgia and over 8000 companies from 130 states worldwide (GBC has been ICC Georgia member since May 2008)


   UN Program - Global Compact Georgia - Incorporates companies with high social responsibility, has about 50 member companies in Georgia and 10 000 worldwide (GBC has been a program member since March 2007).


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   GBC Consumer Structure According to Countries
(Source Dow Jones ,  December 2007)

    

RANK

COUNTRY

USAGE %

1

UNITED STATES

35.40%

2

UNITED KINGDOM

19.55%

3

RUSSIAN FEDERATION

15.14%

4

INDIA

11.44%

5

PHILIPPINES

3.58%

6

GERMANY

3.34%

7

FRANCE

2.26%

8

HONG KONG

1.43%

9

BELGIUM

1.19%

10

CYPRUS

0.72%

 

OTHER

5.96%

 

TOTAL

100.00%

    

 GBC Consumer Structure According to Business Sectors
(Source: Dow Jones December, 2007)
 
  
 

RANK

INDUSTRY

USAGE %

1

BANKING AND CREDIT

35.76%

2

SECURITIES AND INVESTING

17.04%

3

INSURANCE

9.89%

4

METALS AND MINING

8.34%

5

ACCOUNTING AND CONSULTING

8.22%

6

BUSINESS AND CONSUMER SERVICES

5.84%

7

GOVERNMENT

3.34%

8

MEDIA

2.86%

9

COMPUTERS

2.50%

10

EDUCATION

1.43%

 

OTHER

4.77%

 

TOTAL

100.00%

   


 

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