A report of The New York Times, which covers the rate of COVID-19 infection per 100,000 people worldwide over the past 7 days, ranks Georgia as the first globally in terms of registered infections. 95.9 cases of new infections were detected per 100,000 inhabitants in Georgia.

“Is the season-opening scheduled for this season”? – This is the top raised question among Georgians on different travel forums. On its side, the majority of hotels in Gudauri are ready to shrink hotel rates for local tourists to boost domestic tourism, however, there is a big uncertainty whether the snow season commences.

The government is launching a new program to attract foreign investment. It will help the investor who will invest 10 million and employ at least 150 people with one million Georgian Lari.

Angel Investors Club will be established in Georgia. The relevant plan has several business people working in Georgia who have gained a lot of experience in the private sector over the years. They are Gia Bazghadze, Gela Suli, and Esben Emborg. The so-called Angel investors are people who finance startups at an early stage - the risk is high, but if the startup is successful and becomes a successful business, the return is appropriate.

Natia Mezvrishvili was the Deputy Minister of Internal Affairs during the ministry of Giorgi Gakharia, then the head of the government administration. In the past, Mezvrishvili was a prosecutor.

GINO Holding decided to open the second aqua park in Georgia in Bakuriani in 2016, but at the moment, the aqua park, hotel, and Didveli residence project in Bakuriani are still unimplemented.

PwC Georgia has published the results of an updated survey that reflects the expectations of the Georgian private sector. The study was conducted under the Investors Council and it is an update to a report published in May. The Private Sector Survey was conducted between September 11 and October 2 through an online survey of 774 businesses.

A total of 2, 081 transport means of 45 various brands were re-exported from Georgia during Oct 2020. Out of them, Japanese Toyota is the most popular vehicle brand sharing over 15% of the re-export car market. When it comes to color, gray is all the rage.

Russian President Vladimir Putin said he’s ready to work with any U.S. leader, but still isn’t ready to recognize the election victory of Joe Biden.

Britain’s AstraZeneca said on Monday its vaccine for the novel coronavirus could be around 90% effective without any serious side effects.

Erdogan’s message comes as EU leaders consider imposing further sanctions on Turkey over the Eastern Mediterranean dispute.

Starting tomorrow British Airways will be selling items from first class to the general public. As the internal note to employees explains: “From Monday 23rd November we’re giving customers, colleagues, and aviation fans the chance to recreate the First Class experience from their own home as we begin selling a limited number of items that are used in our onboard service.

The Delegation of the European Union to Georgia, in coordination with EU Heads of Mission, issues the following comments on the 2020 parliamentary elections, on 22 November 2020.

The company said it expects to have does of REGEN-COV2 treatment ready for about 80,000 patients by the end of this month

BMG presents the top 10 news of the week, related to business, economics, healthcare, and society.

Fitch Ratings has affirmed JSC Georgian Railway's (GR) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB-' with Negative Outlooks. A full list of rating actions is at the end of this commentary.

The history shows that the state is not a good manager – EBRD Chief Economist Dimitar Bogov told The Checkpoints in a recent interview conducted by the host and the co-author of the program Elene Kvanchilashvili.

According to the report, the prices of old apartments declined by 1.2% YoY to 625 USD/Sqm, down 3.0% MoM. The price in GEL terms posted 7.4% annual growth, down 2.5% compared to the previous month. The sales prices are mostly displaying a tendency for YoY decline for old apartments in most of the districts in Oct 2020, while the prices remained resilient in more districts for new apartments.

A sharp drop in the number of active listings, the share of booked properties, and average occupancy – such is the main tendency for the AIRBNB market in the recent monthly watch from TBC Capital on Tbilisi Residential Market.