Economic Press Monitor
March 12, 2018
IN THIS ISSUE:
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| 1. |
“TBC” INCREASES VOLUME OF SHARES ON LONDON STOCK EXCHANGE
Finances & Banking
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TBC Bank will place additional 618,640 ordinary shares on London Stock Exchange, the magazine reports. The article notes that after additional emission, number of the bank’s shares on London Stock Exchange will exceed 53.55 million.
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| 2. |
HOW SHOULD EMIGRANTS’ MONEY TO BE TURNED INTO INVESTMENTS?
Macroeconomics & Budget
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Since April, International Organization for Migration (IOM) will join the EU-financed project “Sustaining Border Migration Management in Georgia” (SBMMG), Eugeorgia.Info reports. As the article says, the project will assist to dissemination of information on turn of Georgian emigrants’ remittances into investment potential.
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GAME WITH TRILLIONS
Economic & Politics
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Last list of Forbes contains 2,208 billionaires from 72 countries, which total capital amounts to $9.1 trillion, increasing year-on-year by 18%. Giorgi Kapanadze, vice-president of Young Businessmen and Financiers Association, declares: “It is difficult to say today, whether Georgia has another billionaire, except Bidzina Ivanishvili”.
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