Business

CDB study pushes makeover of regional airline industry

In shambles!

Caribbean Airlines flying over region

Against the backdrop of patently futile measures on the part of the regional airline industry to reduce losses and increase market share, a study undertaken by the Caribbean Development Bank (CDB)—the outcomes of which were made public in May—is advocating a raft of corrective measures that seek to halt the sustained slide of the industry.

Diaspora group pushing technology, investment-driven development strategy

- says primary product exports can’t drive economy

Dr Ivelaw Griffith

Months prior to the May 11 general elections which saw APNU/AFC coalition assume office President David Granger, in his capacity as leader of the opposition coalition had taken his campaign to the diaspora, asserting his belief that it was to that constituency that a new political administration would have to look to recruit much of the skills necessary to plan and execute a national development programme.

The Ministry of the Presidency owes us an explanation

Comment

The APNU/AFC administration and specifically Minister of State in the Ministry of the Presidency Joseph Harmon owe the public an explanation over what appears to have been an attempt last week to improperly walk a $572 million payment to Guyana Pharmaceutical Cor-poration (GPC) through the system based on a contract awarded to that company by the former Cabinet several weeks before the May 11 general elections.

Private sector backs development programme but holding government’s feet to the fire

– McLean

Dominic Gaskin

While the paradigms of a relationship between the new political administration and the local private sector are yet to take definitive shape, Chairman of the Private Sector Commission (PSC) Norman McLean earlier this week at a forum at the Pegasus Hotel, pledged the business community’s “unreserved support” for the administration’s national development programme though he was quick to add that the private sector intended to hold the government’s feet to the fire.

Guyana’s food exports could be imperiled by substandard labs for scientific testing

- Collins

Retired director of the Government Analyst Food and Drugs Department Marilyn Collins has said that if Guyana is to increase its global market share in agricultural products, serious attention must be paid to significantly raising the standards of our research and testing facilities associated with ensuring that our food exports reach the increasingly high standards that are being demanded by the major importing countries.

Riding the Midtown Chariot

Karaoke at the Midtown Chariot

The quality of hospitality and entertainment afforded in Georgetown and its outskirts has improved markedly in recent years. Much of this is due to accelerated investment in services, particularly restaurants, hotels and night clubs and of course to the preparedness of patrons to shell out on having a nice time.

Kitco Market Data

Gold Prices for the three day period ending Thursday July 23, 2015Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

20150724gasci market journal july 24

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 625’s trading results showed consideration of $4,353,953 from 177,616 shares traded in 15 transactions as compared to session 624’s trading results, which showed consideration of $1,484,945 from 1,463 shares traded in 2 transactions.


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