30 November 2020 - JSC Georgian Stock Exchange (“GSE”) and its subsidiary JSC Georgian Central Securities Depository (“GCSD”) announced today that the GCSD has launched debut Georgian Depositary Notes (GeDNs) of JSC Silknet (“Silknet”), a leading Georgian telecommunications operator, linked to USD 200 million, 5-year 11% senior unsecured bonds listed on the Global Exchange Market of Euronext Dublin (“the Notes”).

In order to remain updated on the epidemiological situation in the regions and to ensure raid response to challenges in the process of COVID management, the Prime Minister of Georgia continues regular meetings with state representative governors.

The head of Association of Banks of Georgia does not expect cardinal changes in the banking sector. He notes that "based on the results of the third quarter of the year, the banking sector had quite normal indicators."

According to Sasania, the company plans to bring robots adapted to the Georgian language for the state and the private sector. The robots will help doctors to communicate with the patients. The first robot will arrive in the country in 3 weeks.

In 2003 a young Elon Musk was scouting for a suitable location to fulfil his dream of becoming a space pioneer. He had started Space Exploration Technologies Corp — SpaceX for short — with the aim of building rockets and one day sending humans to the moon, or even Mars.

By 2024, farms receiving annual subsidies of £ 30,000 will face cuts of 50 percent, while any amount above and below £ 50,000 will be cut by 55 percent, increasing to 65 percent for amounts up to £ 150,000 and above will be cut by 70 percent.

"We had cases when chain supermarkets left the market with liabilities of up to 10 million GEL. There is no leverage to take liabilities from a bankrupt company. The company has gone bankrupt and has no funds just to pay off its debts. We have exactly the same situation in non-chain supermarkets. Here everything moves and remains already in private negotiations".

Earlier this month, the US government quietly extended that deadline by two weeks to this Friday, November 27, and has now kicked the can further down the road.

As of the decree, shops are prohibited from selling products that do not belong to the category of food or personal hygiene. This ban is defined by a decree approved by the government on November 26 and it is valid in 10 municipalities of the country.

"The government takes into account the needs of businesses, including shopping malls. On the other hand, we need to see that they are responsible for this process and manage it not only on their own territory, but also outside it. They must be responsible for organizing the queues in this context. We are ready to talk to them," said the Minister of Economy.

"In terms of the region, the indicators are as follows: 4711 objects were inspected in Tbilisi, 1137 - in Imereti, 814 - in Kakheti, 828 - in Kvemo Kartli, 493 - in Shida Kartli, 848 - in Samegrelo-Zemo Svaneti, etc.”, - said Beka Peradze.

Beka Peradze noted that in different countries of the world, where this type of activity is highly organized, works are restricted today.

In the current quarter, which ends in January, Zoom’s growth is projected to stay at a robust 288%, followed by 116% in the next period. Then things start to slow dramatically — into the teens — based on analyst estimates.

According to Amiran Gamkrelidze, Georgia has a very good agreement with the COVAX platform, which means that the country has made advance payment and transferred more than 4.5 million on the condition that the country can choose the vaccine itself.

"There were some instructions from WHO on how to follow Remdesivir protocol and we were discussing it. As of today, we will sign a contract with the manufacturer and after that, the drug will be in the country in 2 weeks. We are working on a new treatment protocol on how to use Remdesivir and it will be available for our citizens as well," Ekaterine Tikaradze said.

"There was WHO recommendation that according to several studies, Remdesivir did not give valid results, although many countries and many clinics use this drug. Tengiz Tsertsvadze also used it and the result is positive,” said Gamkrelidze.

According to Turnava, hospitals consume more than 80 tons per day, practically 90% is locally produced medical oxygen.

As Avtandil Kasradze explains, 2-3 years are enough to become clear whether a startup is viable to become a business.

According to Amirgulashvili, the income from pine-cone exports has been growing for years. He notes, as of the data of 10 months of 2020, 3,500 kg of cone seeds have already been collected, which is estimated at half a million GEL.