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Georgia’s GDP Up by 7.9% in January 2026
Businesscivil-ge2mo ago

Georgia’s GDP Up by 7.9% in January 2026

Georgia’s real gross domestic product (GDP) grew by 7.9% year-on-year in January 2026, according to rapid estimates released by the National Statistics Office (Geostat) on February 27. Geostat said the growth was primarily driven by the information and communication, financial and insurance, mining and quarrying, and accommodation and food service activities. In contrast, construction and …

Geostat: FDI Reaches USD 1.7 Billion in 2025, Up 7.6%
Businesscivil-ge1mo ago

Geostat: FDI Reaches USD 1.7 Billion in 2025, Up 7.6%

Foreign direct investment (FDI) in Georgia reached USD 1.68 billion in 2025, marking a 7.6% increase compared to the adjusted data for 2024, according to the preliminary figures released by the National Statistics Office of Georgia (Geostat) on March 11. According to Geostat, the growth was primarily driven by increases in equity and reinvestments. Equity capital …

Spike in Georgia’s Oil Exports Raises Questions
Businesscivil-ge2mo ago

Spike in Georgia’s Oil Exports Raises Questions

Recent official data pointing to a spike in Georgia’s petroleum and petroleum oil exports has drawn scrutiny from observers, some of whom have questioned whether the growth could be attributable to the country possibly facilitating Russian oil re-exports. On February 19, Geostat published January foreign trade data showing that petroleum and petroleum oils ranked as …

Georgia's GDP Grows by 8.8% in February 2026
Worldcivil-ge1mo ago

Georgia's GDP Grows by 8.8% in February 2026

Georgia's real gross domestic product (GDP) increased by 8.8% year-on-year in February 2026, with the average real GDP growth for January-February standing at 8.4%, according to rapid estimates from Geostat.

China team’s space laser breakthrough takes communication speeds to high orbit
TechnologySCMP1mo ago

China team’s space laser breakthrough takes communication speeds to high orbit

Chinese scientists have reported a milestone in space laser communications, sustaining a high-speed, hours-long laser link with a satellite more than 40,000km (25,000 miles) above the Earth. The capability is seen as critical to future deep-space networks. According to the Chinese Academy of Sciences’ Institute of Optics and Electronics, which led the project, researchers used a 1.8-metre (6-foot) aperture telescope in Yunnan province to lock onto a geostationary satellite within four...