Category: NEWS
“There will be no one to deliver milk in the morning”: The problem of the professional driver shortage in Serbia
At the beginning of December, the Serbian government adopted a draft law amending the Road Traffic Safety Law, presented as a solution to Serbia’s pressing problem—the growing shortage of professional drivers. However, as Goran Aleksić from the Road Transport Association “Srbijatransport” explained in an interview with NIN, the situation is far from resolved. For years, […]
Read moreKazakhstan to launch a Digital Map of Enterprises to identify financial, social and labour risks
The Government session chaired by Prime Minister Olzhas Bektenov considered the Action Plan within the framework of the Year of Vocational Occupations, initiated by the Head of State. The Minister of Labour and Social Protection of Population of the Republic of Kazakhstan Svetlana Zhakupova reported on the measures taken,El.kz cites primeminister.kz. In particular, she said […]
Read moreKazakhstan to raise salaries of certain workers in 2025
The Ministry of Labor and Social Protection of the Population of the Republic of Kazakhstan has announced a salary increase of certain government officials’ categories, with an average increase of 20%, Kazinform News Agency reports. It is noted that the wages raise will affect about 600,000 civil servants working in such sectors as accounting, economics, […]
Read moreCU signs memorandum agreement with Toulouse business school France
The Caucasus University of Georgia has signed agreement with Toulouse Business School of France. The agreement aims to enhance academic cooperation between both universities also. As per the representative of the Caucasus University, the agreement will be helpful for Georgian students to get international exposure. This will also give them chance get international experience necessary […]
Read moreGeorgian domestic business should be free from problems caused by political tensions
As Georgian Prime Minister Irakli Kobakhidze pledged on Thursday, businesses across the country would “remain free” and “face no challenges” amid domestic political tensions with ongoing public protests against the Government’s decision not to have European Union accession talks on agenda until 2028.
Kobakhidze emphasized on the Government’s responsibility for the “significant achievement” of “ensuring business freedom” since the ruling party came to power in 2012 in an interview with Imedi TV.
“Misinformation propagated by some domestic media outlets and political figures” regarding the Government’s decision, urging business leaders to “engage responsibly” with the information provided was criticized by the Prime Minister.
The Prime Minister emphasized that the opening of negotiations “should not be viewed as a singular issue [used] for blackmail against Georgia”, and that regular European Council meetings to “prevent the subject from being used as leverage” are extremely important.
The Government’s “commitment” to European integration was underscored by Kobakhidze. He asserted that it remained a “primary choice without alternative” for the country.
“Pressures being placed on businesses”, particularly by “those linked to the previous Government”, was alleged by the Prime Minister during the interview. Kobakhidze also warned against “return of political racketeering seen before 2012” and expressed the opinion that business “should not interfere deeply in political affairs”.
The business representatives were invited by Kobakhidze to share their thoughts on the discussion in comments on his recent meeting with the domestic business community. The gathering was described by him as “important”. The minister also added that it had allowed the participants to exchange their opinions and had given them an opportunity to “ask critical questions”.
According to the Prime Minister, businesses has always been impacted by “short-term fluctuations” in the economy and by the exchange rate of the national currency. He added that in the past, both the exchange rate and the overall economic situation had “stabilized quickly each time” after political tensions.
When Kobakhidze was asked about his views on domestic companies who took critical positions with regards to the Government but “profit from economic ties with Russia”, the Prime Minister claimed that “some people resent the Government’s pragmatic policy”.
In conclusion Kobakhidze said that the businesses in question did “not have answers to these questions, which is why they struggle to participate in the discussions”.
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Read moreLatvia: Changes to language requirements for healthcare workers and pharmacists from Ukraine
Latvia’s parliament amended the national Law on Assistance to Ukrainian Civilians to extend support measures for Ukrainian civilians residing in Latvia into 2025, for the most part without significant legislative change. One significant change, however, was made to the required level of Latvian language knowledge for Ukrainian healthcare workers and pharmacists. Thus far, Ukrainian civilians […]
Read moreLayoffs and new investments by Chinese companies in Serbia’s auto industry
Some workers at the Chinese company Mei Ta, located near Belgrade, ended 2024 with terminated employment contracts. According to local media reports, several hundred workers were laid off at this auto parts factory, and some of them gathered for a protest outside the factory at the end of December in response to the dismissals. “People […]
Read moreAlmaty to generate 76,000 jobs in 2025
84,700 jobs were created in Almaty in 2024, Kazinform News Agency reports referring to the employment and social programs department. 84,700 jobs were created in Almaty in 2024 which reduced unemployment by 4.6%, head of the employment and social programs department Bauyrzhan Zhaubassov said presenting the results of the department’s work for 2024. He said […]
Read moreGeorgian PM pledges domestic business “will be free”,”not face problems” amid continued political tensions
Georgian Prime Minister Irakli Kobakhidze on Thursday pledged businesses across the country would “remain free” and “face no challenges”, amid domestic political tensions with ongoing public protests against the Government’s decision not to have European Union accession talks on agenda until 2028. Georgian Prime Minister Irakli Kobakhidze on Thursday pledged businesses across the country would […]
Read moreThe decrease of Georgia’s IT Sector Foreign Income is $133 Million in Nine Months
The National Bank of Georgia reports that the foreign income of Georgia’s IT sector decreased by 22% in January- September 2024 compared to the same period last year.
A peak for the industry was reached in 2023 ($784 million). The migration effect achieved its peak in 2022-2023, because geopolitical unrest made thousands of Russian, Ukrainian, and Belarusian IT specialists temporarily relocate to Georgia. The sector’s foreign income got a large contribution from their activities, conducted from Georgia, during that period.
30,600 people were employed in the information and communication sector, which includes IT, at the end of 2021. This number increased to 39,000 in 2022 and attained 48,000 by 2024, but the sector’s overall income has shown a decline in spite of the increase in the number of employees. The return migration of Russian, Belarusian, and Ukrainian IT professionals who had temporarily boosted the industry’s earnings during their stay in Georgia caused this decline.
Temporary external factors such as migration influenced the decline and underscored the challenges of sustaining rapid growth in the IT sector. The sector may be stabilized and expanded by enhancing the domestic IT workforce and fostering long-term growth strategies.
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