Driven by the sharp seasonal increase in the price of Imeretian cheese, the average cost of cooking one standard Imeretian Khachapuri in December 2016 stood at 3.62 GEL. The Index reached its lowest value (3.51 GEL) in Batumi; the maximum was observed in Kutaisi and Tbilisi (3.75 GEL and 3.63 GEL, respectively). The average price of 3.62 GEL is 4.2% higher compared to the previous month (November 2016), and 4.0% lower compared to December of last year.

On December 15, 2016, Dr. Natalia Velikova, Associate Professor at Texas Tech University (TTU), held a lecture on Focus Group Discussions for the researchers of ISET-PI. Natalia is an Associate Director of the Texas Wine Marketing Research Institute. Currently, she is a Fulbright scholar in Tbilisi and works on the Development of Wine Marketing and Wine Tourism Strategies for Georgia.

Citizens of Georgia’s capital recently witnessed the luxurious Biltmore Hotel Tbilisi grand opening. A $140 million investment by the Dhabi Group supplied the market with 214 luxury rooms and suites. The $2 million opening, huge building, and central location (right on Rustaveli Avenue) made the appearance of this hotel on the market very noticeable.

As economic development progresses, air pollution and the lack of green spaces have become increasingly painful issues for Tbilisi citizens. In our previous blog, Breathing in Tbilisi, we discussed the negative outcomes – in terms of air pollution and tree-cutting – generated by the actions of self-interested developers facing an inert civil society and a local government that is unwilling and/or unable to protect the green public spaces.

On 29 November 2016, in the framework of the EU-funded European Neighbourhood Programme for Agriculture and Rural Development (ENPARD), an Interagency Forum on “Access to Finance for Cooperatives” took place at the Hotels & Preference Hualing Tbilisi. The purpose of the forum was to discuss challenges and opportunities that cooperatives face with regard to access to finance.