Government is yet to recognize the potential of tourism in the development of the Guyana economy, President of the Tourism and Hospitality Association of Guyana (THAG) Christopher ‘Kit’ Nascimento has declared .
This week’s public announcement by Trans Guyana Airways that it will be increasing the frequency of its air service to Lethem to three flights daily attests to the growing economic and social focus of the Rupununi and the commensurate growing demand for the movement of people and material in and out of the region .
The current political administration, including President Donald Ramotar, has made some definitive pronouncements regarding the country’s tourism potential and what is felt to be the contribution tourism can make to providing employment and growing the country’s economy .
This article was received from Project Syndicate, an international not-for-profit association of newspapers dedicated to hosting a global debate on the key issues shaping our world .
WASHINGTON (Reuters) - Public company and bank audits conducted around the globe by units affiliated with the world’s six largest accounting firms are persistently riddled with flaws, a group of international regulators have found .
Harold Smith is one of a succession of Guyanese whose names are linked to the international shipping industry .
Rubis Guyana Inc West Indies Ltd may have every reason to believe that its new Lightweight Liquid Petroleum Gas (LPG) Composite Bottle may, potentially, provide a significant breakthrough in the cooking gas sector .
Colwayne Morris believes he may be living through a significant period in the evolution of agricultural practices in Guyana and while he concedes that the shade house method is by no means new, he feels a point has been reached where its impact could significantly alter the face of local farming .
The local commercial banking sector last Friday used the Guyana Marketing Corporation-sponsored Agro-processors Forum to restate its concerns over the risks associated with lending to a weak and underdeveloped agro-processing industry .
Guyana’s predominantly small-scale, agro-processing enterprises continue to face inevitable and serious material and technical deficiencies that retard their development and slow the pace of their emergence as a major economic sector .
Great progress has been made in Guyana’s water and housing sectors over the last 10 years because the Government of Guyana has deliberately built capacity of special agencies dedicated to and focused on each of these .
The provisions in the country’s 2014 budget for the tourism sector do not reflect the various official public pronouncements regarding government’s commitment to moving the industry to “an enhanced level of prominence,” Chief Executive Officer of Roraima Airways and former Head of the Tourism and Hospitality Association of Guyana, Gerry Gouveia told Stabroek Business in an interview on Wednesday .
Local commercial banks and other lending agencies ought to be in a position to access credit reports on potential borrowers through the local Credit Bureau “within a month or two,” according to Bureau General Manager Judy Semple-Joseph .
Against the backdrop of mounting international pressure on the Caribbean over the perceived role of offshore banking institutions in facilitating financial crimes, including money laundering, Prime Minister of The Bahamas, Perry Christie used this week’s opening session of the Third Caribbean Conference on the International Financial Services Sector to defend regional offshore banks, asserting that they were far more robust than those in countries that continue to fight offshore financial services in the region .
In his 2014 budget presentation, Finance Minister Dr .
We met Marcia Gonsalves last Friday at a forum on agro-processing at the International Conference Centre organized by the Guyana Marketing Corporation .
Business Cartoons .
Strong, officially backed ‘buy local’ advocacy is one of the recommendations which the Head of the Guyana Agro Processors Association, the umbrella body for at least 25 small and medium-sized local food manufacturing entities, is expected to make in his presentation at today’s National Agro-processing Forum at the Inter-national Conference Centre, Liliendaal .
Today’s national agro-processing event being held at the International Conference Centre, Liliendaal is important for several reasons, perhaps the key one being that it provides a stage on which many small manufacturing enterprises – some, first the first time – can bring their products to the attention of a relatively large potential market .
The state of the country’s sugar industry is a microcosm of its weak agro processing sector, President of the National Agro Processors Association Ram Prashad has told Stabroek Business .
The Small Business Bureau (SBB) could begin disbursements of grants of up to $300,000 each for start-up small business projects and re-tooling of existing ones as early as next month under the Low Carbon Micro and Small Enterprise Development Project (LCMSEDP), Stabroek Business has learnt .
By Joycelyn WilliamsJoycelyn Williams is a Lecturer at the University of Guyana and a Programme Management ConsultantIndustrial policy has been used by all the high performing Asian countries and the BRICS to deliberately push forward structural transformation and industrial development .
Yesterday marked the official end of the two-year term of Clinton Urling as President of the Georgetown Chamber of Commerce and Industry .
Not for the first time in recent years government is talking up tourism as a focus of accelerated attention, presenting the sector as Finance Minister Dr Ashni Singh described in this year’s budget speech, potentially “a major driver of growth and job-creation in Guyana .
By Amos SarrouyAfter I told my friend in Puerto Ordaz that I was in search of Guyanese living in Venezuela he took me to meet some people that he knew .
A cross section of local manufacturers are expected to participate in the inaugural National Agro Processors Forum at the International Conference Centre, Liliendaal on Friday March 28 .
Generally believed to be one of the largest producers of pork along the East Coast Demerara/West Coast Berbice corridor, Vasil Wood believes that after several decades there is still much more that needs to be done to create a thriving national pork production industry .
By Joycelyn Williams Joycelyn Williams is a Lecturer at the University of Guyana and a Programme Management Consultant .
Against the backdrop of increasing interest in the implications of the advent of the country’s first ever Credit Bureau as regards relationships between credit seekers and lending agencies, Creditinfo Guyana’s Chief Executive Officer Judy Semple-Joseph said that a team of high-level and internationally experienced experts are due in Guyana shortly to conduct a two-day workshop at the Cara Lodge Hotel .
Issues pertaining to the state of the country’s rice sector and particularly the export sector have arisen in the media over the past few weeks .
Business Cartoons .