Economy Minister says amendments on tax code have attracted “capital, investments, property” to country
Georgian Economy Minister Levan Davitashvili on Monday said recent amendments in the domestic tax code, aimed at asset transfers from countries with preferential taxation to Georgia, had allowed the country to attract “more capital, investments and property” and make it an “attractive investment country for investors”. Photo: Ministry of Economy Georgian Economy Minister Levan Davitashvili […]
Read moreSignificant Growth and Employment Surge was demonstrated by Serbia’s Gaming Industry in 2023
The results of the research from the Serbian Video Game Industry Association (SGA) presented at the Serbian Chamber of Commerce (PKS) show a 17 percent increase made by Serbia’s gaming industry in 2023. It earned more than 175 million euros, and also a rise in employment was seen.
According to Mihailo Vesović, Director of Strategic Analysis, Services and Internationalisation at the PKS, original products are being developed by 57 percent of companies. Games produced in Serbia have been purchased or downloaded more than one hundred million times.
Vesović said that the gaming industry got a positive impact from significant geostrategic changes, which is a vital link between the creative, social and technical sciences. He highlighted that Serbian gamers’ appearance in Cologne last year got an astonishing support and this continuity will be maintained this year. They had also signed an agreement with the Association as a confirmation and official recognition of close and successful cooperation.
The exceptional growth in employment (by 98 percent) is the most notable change from 2022. It is estimated that 4,300 gaming professionals are working in Serbia now.
The PKS attributes this growth to the large number of gaming professionals and their families who have relocated to Serbia from Russia, Ukraine and Belarus and to the fact that some of the world’s leading companies, such as Wargaming, Playri, and Sperasoft now have their largest offices in Serbia. They expect this influx of knowledge and experience to significantly impact the local gaming industry.
The creation of 475 new positions, with women comprising 28 percent of the industry’s workforce, is also included in this year plans.
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Read moreUzbekistan’s citizens are warned of document scams amidst Kazakhstan employment drive
There has been a warning of scams for Uzbekistan’s Citizens going to Kazakhstan for employment or currently working there. Some people posed as embassy or consulate representatives and claimed money and passports for the processing of documents.
Uzbeks heading to Kazakhstan for work are cautioned against such fraudsters by the Foreign Labor Migration Agency. Workers are instructed not to trust these individuals or hand over personal documents.
Individuals falsely representing themselves as embassy or consulate staff targeted Uzbek citizens seeking employment in Kazakhstan or engaging in labor activities there. The fraudsters attempted to take money and passports under the pretense of arranging official documentation.
Citizens are advised not to fall for these scams. The Migration Agency has also emphasized that individuals must apply in person at Public Service Centers for work permits or temporary residency permits.
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Read moreAmended tax code to annul tax debts of 145,842 individuals was approved by the Parliament
Amendments into the tax code of the country that will see tax debts totalling ₾591 million ($221.53mln) written off for 145,842 individuals and establishment of temporary tax reliefs for certain transactions were approved by the Parliament of Georgia on Wednesday. According to Paata Kvizhinadze, the Chair of the Budget and Finance Committee, all private entities, […]
Read moreJovanovic expects the number of experts in ICT sector to grow to at least 140,000 by 2027
As Mihailo Jovanovic, the minister of information and telecommunications of Serbia, estimated at the opening of the 23rd Technobank Conference in Belgrade, close to 110,000 experts work in the ICT sector today, and at least 140,000 are expected to work in it by 2027.
The results and the upcoming activities in the development of the ICT sector in Serbia were presented by Jovanovic at the opening of the conference. He also pointed out that the continuation of investments in the most modern digital, TC and innovative infrastructure was an integral part of the “Leap into the Future – Serbia 2027” plan.
Jovanovic reminded about the efforts toward a further modernization through the expansion of the State Data Center in Kragujevac through the construction of Block 2, with a capacity of 16 MW, as well as about the construction of the innovation district in that city.
According to him, members of the IT community will be able to work, and the National Center for Information Security and the future fifth science-technology park in Serbia will have a special place there, in that district, unique in the region.
As Jovanovic said, the entire complex of one of the most significant state capital investments would be an important incentive for new future investments and the creation of new jobs.
The minister also promised that they will complete the construction of Lozionica in Belgrade, the center of creative industries, information technologies, eGovernment and digitization, by the end of the year. This will make of Serbia a regional innovative and creative hub, a center of excellence, urban and dynamic life and creativity.
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Read moreIn war-torn Ukraine, officials and businesses voice concern about job vacancies
As Ukraine aims to mobilize up to 500,000 troops in the third year of war against Russia, it needs six times more workers driving the economy at home to support the troops. “Their salaries are paid by our people, who pay taxes. When we talk about mobilization, we must know that one soldier equals six […]
Read moreJovanovic: Around 110,000 experts work in ICT sector, number expected to grow to at least 140,000 by 2027
Today, close to 110,000 experts work in the ICT sector, and by 2027, at least 140,000 are expected to work in it, the minister of information and telecommunications of Serbia, Mihailo Jovanovic, estimated at the opening of the 23rd Technobank Conference in Belgrade. At the opening of the conference, Jovanovic presented the results and the […]
Read moreKazakhstan and Macau signed visa-free agreement
Kazakhstan and Macau have signed an agreement on mutual exemption from visa requirements, reports the Ministry of Foreign Affairs of Kazakhstan. The Ambassador of Kazakhstan to China Shakhrat Nuryshev and the Secretary of Administration and Justice of the Macau Special Administrative Region Chong Wen Chong signed an agreement between the government of the Republic of […]
Read moreParliament approves amended tax code to annul tax debts of 145,842 individuals
The Parliament of Georgia on Wednesday approved amendments into the tax code of the country that will see tax debts totalling ₾591 million ($221.53mln) written off for 145,842 individuals and establishment of temporary tax reliefs for certain transactions. Paata Kvizhinadze, the Chair of the Budget and Finance Committee, said all private entities, including individual entrepreneurs, […]
Read moreVisa-free travel agreement has been officially signed between China and Georgia
The Minister of Foreign Affairs of Georgia, Ilia Darchiashvili, and the Ambassador of China to Georgia, Chou Tsien, signed the agreement.
Georgia’s citizens will be allowed to travel to China without a visa and stay in the country for 30 days at a time as soon as the agreement enters into force after the two states complete internal legal procedures.
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