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News From British Perspective

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Fady Asly

Georgia
09.12.201727.12.2020
by The FINANCIAL
15 mins read

ICC Georgia’s criticized the draft Law on Accumulated Pension System

ICC Georgia, largest business organization has criticized new draft law on pension system introduced by the government. “According to the suggested pension reform there is no societal group that will be a beneficiary and at the same time satisfied with its results. Furthermore, economic, financial, and political risks are very high and in case of these expectations the consequences will be irreparable”, said ICC in its statement. ICC Georgia has listed 13 main reasons why it believes that the suggested pension reform should not be implemented.

Keep Reading
Georgia
13.11.201727.12.2020
by Tata Lobzhanidze, The FINANCIAL
11 mins read

New Georgian Pension System to Slow Net Wage Growth

The FINANCIAL -- At just over USD 70, which is more than six times lower than in Turkey, and over 4 times lower than in Russia, Georgian pensioners have the lowest monthly pensions compared to their neighbour countries.

Keep Reading
Georgia

ICC Georgia back to work after 75 days of forced “holidays”

The FINANCIAL -- It will be very hard to sell Georgia as an attractive destination for foreign investments., Fady Asly, ICC Georgia President told The FINANCIAL while answering questions related to the impact of COVID-19 on Georgian businesses and the economy.

More
by The FINANCIAL
May 30, 2020December 27, 2020
7 mins read
INTERVIEW

ICC Georgia back to work after 75 days of forced “holidays”

The FINANCIAL -- It will be very hard to sell Georgia as an attractive destination for foreign investments., Fady Asly, ICC Georgia President told The FINANCIAL while answering questions related to the impact of COVID-19 on Georgian businesses and the economy.

More
by The FINANCIAL
May 30, 2020December 27, 2020
7 mins read
Business

ICC Georgia Said COVID-19 Regulations for Businesses Are Useless

The FINANCIAL -- “The International Chamber of Commerce cannot support nor endorse policed regulations for businesses”, Fady Asly, President of ICC Georgia stated in open letter sent to members of Georgian government which has announced new directives demanding from companies record health condition

More
by The FINANCIAL
May 23, 2020
11 mins read
Georgia

ICC Georgia President Address International Community Over “mafia style governance” in Georgia

Dear members of the International Community,We have learned from the press on August 27, that the Prosecutor General of Georgia had sent a letter to the UK Authorities requesting them to freeze the bank accounts of two Georgian businessmen, Mamuka Khazaradze and

More
by The FINANCIAL
August 30, 2019
7 mins read
Golden Brand

Fady Asly: “Georgia is Losing its Competitive Advantage as an Emerging Market”

  Fady Asly, Chairman of the International Chamber of Commerce (ICC) Georgia, which is referred to as the ‘voice of business’ in Georgia, stated that the business and investment climates are deteriorating and the country is losing its competitive advantage as an

More
by The FINANCIAL
July 4, 2019
13 mins read
Placeholder Photo
Georgia

ICC Georgia’s criticized the draft Law on Accumulated Pension System

ICC Georgia, largest business organization has criticized new draft law on pension system introduced by the government. “According to the suggested pension reform there is no societal group that will be a beneficiary and at the same time satisfied with its results.

More
by The FINANCIAL
December 9, 2017December 27, 2020
15 mins read
Georgia

New Georgian Pension System to Slow Net Wage Growth

The FINANCIAL -- At just over USD 70, which is more than six times lower than in Turkey, and over 4 times lower than in Russia, Georgian pensioners have the lowest monthly pensions compared to their neighbour countries.

More
by Tata Lobzhanidze, The FINANCIAL
November 13, 2017December 27, 2020
11 mins read
Video

Fady Asly, ICC Georgia President on difficulties related to doing business in Georgia

The FINANCIAL -- The biggest development that we had in 2015 was in July, when we declared a moratorium on criticizing the Government until October, to give a chance to the investors council under the Prime Minister to solve the problems that

More
by The FINANCIAL
September 18, 2015
22 mins read

COVID-19 Statistics. Europe

Source: Johns Hopkins University, New York Times, Worldometers

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