We recently completed a research project, aimed at identifying constraints affecting the development of rural small and medium enterprises (SMEs) in Georgia and Armenia, and ascertaining how these can be overcome.
On December 12-15, practical marketing training was conducted for 20 guesthouse owners in Khulo municipality, aimed at enhancing their knowledge and introducing the marketing tools necessary for the development of their respective businesses.
On December 12, PMC Research presented the outcomes of its research entitled “Russia’s Disinformation Campaigns in Georgia: A Study of State and Civil Society Response” and subsequently held a discussion thereon.
We are collaborating with the Ministry of Education, Science, Culture and Sport (MoESCS), under a UNDP project designed to support the Ministry in the implementation of the newly-adopted law on vocational education and training (VET).
In the past few years several major regulations were implemented both by the government and the National Bank of Georgia. In this newsletter, possible implications of imposed lending constraints on the private sector are presented.
Publication by our partner Ifo Institute for Economic Research that estimates World Economic Outlook in Emerging Markets and Developing Economies according to 2019 year. This research was prepared by Ifo and was originally published in Ifo World Economic Survey, IV 2019 November, Vol. 18. PMC Research Center is a regional partner of Ifo Institute in South Caucasus.
In Georgia, the average cost of a room in a 3-star hotel was 129 GEL per night in November 2019. While the average cost of a room in a 4-star hotel in Georgia was 202 GEL per night and the average cost of a room in a guesthouse2 was 64 GEL per night.
In November 2019, in Georgia the hotel price index decreased by 6.4% compared to October 2019. The 3-star, 4-star and 5-star hotel price index decreased by 6.0%, while for guesthouses, the price index decreased by 9.4%.
In October 2019, in Georgia the hotel price index3 decreased by 5.9% compared to September 2019. The 3-star, 4-star and 5-star hotel price index decreased by 5.9%, while for guesthouses, the price index decreased by 6.2%.
Publication provides an overview of how the initiative could advance relations between China and the three countries of the South Caucasus, namely Armenia, Azerbaijan, and Georgia. The publication also sketched out the dynamics of the BRI related to transport connectivity, bilateral trade and foreign direct investment.