05
February
2018
Recently, the administration of Tbilisi City Hall announced that the Tbilisi taxi market is going to be regulated. The process of switching to a regulatory frame will be gradual. At first, taxi drivers will be obliged to acquire taxi signs and permission from the appropriate authorities. This regulation is not expected to create significant pressure on taxi service providers. At the second stage, however, taxi drivers will be required to pass a technical inspection and satisfy minimal quality standards.
01
February
2018
At the end of January, ISET’s Retail Food Price Index increased by 5.2% y/y (compared to January 2017). On a monthly basis (compared to December 2017), food prices in Tbilisi’s major supermarkets decreased slightly by 0.3%. According to data from the last two weeks of January, prices dropped the most for buckwheat (-6%), rice (-6%), and bananas (-2%).
22
January
2018
Since January 2018, electricity tariffs have increased in Georgia. The new tariffs were determined by the Georgian National Energy and Water Supply Regulatory Commission (GNERC) on December 27 2017 based on a review of applications submitted by the country’s distribution companies (JSI Telasi and Energo-Pro Georgia). In Tbilisi, the tariff has increased by 1.56 tetri per kWh and in regions by 1.28 Tetri per kWh.
22
December
2017
The International School of Economics in Tbilisi (ISET) invites applications for participation in the 2018 “Executive Leadership” program.
05
December
2017
On December 5, 2017, a Memorandum of Cooperation was signed between the International School of Economics at Tbilisi State University (ISET) and Mgaloblishvili Kipiani Dzidziguri (MKD). This cooperation comprises implementing educational programs, organizing workshops, lectures, and other similar events as well as promoting students’ internships and employment prospects.
