Business : Stabroek News

Business

Corruption-driven bottlenecks can thwart plan to fast track customs clearance of goods
By Staff | Friday, October 10, 2008 | 0 Comments

-businessman The commitment given by Georgetown Chamber President, Chandradat Chintamani that collaboration between the Chamber and the Customs and Trade Administration should reduce the length of the clearance period for goods arriving at ports for Christmas... Read more »

IDB remittance projections could have serious implications for Guyana
By Staff | Friday, October 10, 2008 | 0 Comments
Even as local remittance services continue to project a reduction in the flow of overseas remittances to Guyana as a consequence of the current downturn in the United States economy, the Inter-American Development Bank (IDB) has produced a report which... Read more »

The Business Cartoon
By Staff | Friday, October 10, 2008 | 0 Comments

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Customs and corruption
By Staff | Friday, October 10, 2008 | 1 Comment
During the period immediately following the disclosure of the alleged Fidelity/Customs fraud both the President and the Commissioner General of the Guyana Revenue Authority conceded that the Customs Department was no stranger to corrupt practices. Of... Read more »

Some considerations for a successful System Implementation
By Staff | Friday, October 10, 2008 | 0 Comments
By Andre Griffith Failure and perceptions of failure are the norm rather than the exception in information systems implementations. This week we will briefly examine some considerations for successfully implementing information systems especially... Read more »

From sub-prime to sublime disaster:
By Staff | Friday, October 10, 2008 | 0 Comments
Implications for the Caribbean Region of the Current Financial Crisis in the USA Presentation made by Dr Maurice Odle, Economic Adviser to the Secretary-General of CARICOM at a Staff Seminar on Thursday, 18 September 2008, at Turkeyen, East Coast Demerara. Part... Read more »

Ponderous probe casts pall of gloom over City Hall
By Staff | Friday, October 10, 2008 | 0 Comments

Officials in private hearings with Commissioners A pall of uncertainty continues to hang over the administration of the Georgetown City Council as a Commission of Enquiry triggered by a report by the Office of the Auditor General into aspects of the financial... Read more »

Regional Chapter of US-based Project Management Institute to inaugurate Guyana Committee October 31
By Staff | Friday, October 10, 2008 | 0 Comments
Forum to include specialist lectures on project management The Guyana Committee of the Southern Chapter of the United States-based Project Management Institute (PMI SCC) will host a project management seminar in Georgetown on October 31 which, local Committee... Read more »

Stock market updates
By Staff | Friday, October 10, 2008 | 0 Comments

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 272’s trading results showed consideration of $4,135,420 from 94,158 shares traded in 14 transactions as compared to session 271 which showed consideration of $1,131,421 from 103,000... Read more »

Georgetown Chamber would set up credit facility if gov’t gives permission
By Staff | Friday, October 3, 2008 | 1 Comment

-GCCI President President of the Georgetown Chamber of Commerce and Industry (GCCI) Chandradat Chintamani has told Stabroek Business that the Chamber would give serious consideration to the creation of a Credit Bureau to support the financing of small... Read more »

We haven’t increased flour prices since May - NAMILCO GM
By Staff | Friday, October 3, 2008 | 3 Comments

Says further reduction will come before year end General Manager of the National Milling Company (NAMILCO) Bert Sukhai has told Stabroek Business that contrary to the impression created by the recent spat between the company and government over flour... Read more »

Combating metal theft: How effective will the Commerce Minister’s Task Force be?
By Staff | Friday, October 3, 2008 | 0 Comments
Commerce Minister Manniram Prashad appears to be going a different route to the Prime Minister in seeking to bring the scourge of metal theft that is inextricably tied to the scrap industry under control. In 2006, under pressure from the major utility... Read more »

A US financial crisis that resembles an ongoing problem for entrepreneurs in Guyana
By Staff | Friday, October 3, 2008 | 4 Comments
Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice President of the Lending Services Division. Mr. Lucas has agreed to serve as a columnist with the Stabroek Business and will be contributing articles on economic, financial... Read more »

Manning-backed Trinidad Citrus Growers project seeking to invest up to US$25m in Tacama savannahs
By Staff | Friday, October 3, 2008 | 3 Comments

Two senior officials of the Caribbean Citrus Growers Association (CCGA), a Trinidad and Tobago-based company, have been meeting with local officials and visiting areas of Tacama in the interior savannahs as the Association prepares to pump around US$25m... Read more »

Global economic crisis could hit remittances sector hard
By Staff | Friday, October 3, 2008 | 1 Comment

The local remittance sector is bracing itself for what could be “a hard knock” arising out of the unfolding crisis in the United States economy and the slowdown in the remittance rate to Guyana could begin to impact significantly in as little as... Read more »

From sub-prime to sublime disaster: Implications for the Caribbean Region of the Current Financial Crisis in the USA
By Staff | Friday, October 3, 2008 | 1 Comment
Presentation made by Dr Maurice Odle, Economic Adviser to the Secretary-General of CARICOM at a Staff Seminar on Thursday, 18 September 2008, at Turkeyen, East Coast Demerara. Part 1 Overview/Structure When I was given this assignment yesterday, I assumed... Read more »

Stock market updates
By Staff | Friday, October 3, 2008 | 0 Comments

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 271’s trading results showed consideration of $1,131,421 from 103,000 shares traded in 9 transactions as compared to session 270 which showed consideration of $8,576,098 from 320,404... Read more »

Neal & Massy celebrates 40th Anniversary
By Staff | Friday, September 26, 2008 | 4 Comments

Group eyeing opportunities in local petroleum, ethanol industries - CEO The Neal and Massy Group of Companies has linked the expansion of its range of services in Guyana to the country’s “national growth horizons” and is geared to make interventions... Read more »

Georgetown Chamber website to be up before year end - Chintamani
By Staff | Friday, September 26, 2008 | 0 Comments

`The website initiative can be seen as the start of a process through which the Chamber is seeking to reinvent itself’ The Georgetown Chamber of Commerce and Industry (GCCI) is to launch a website before year end and Chamber President Chandradat Chintamani... Read more »

Intensifying the lobby for electronic banking
By Staff | Friday, September 26, 2008 | 0 Comments
Last week the Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Bankers Association (GBA) organized a forum to discuss with the local business community the various services which commercial banks can provide that offer an alternative... Read more »

Prospects for sustainable agro-industrial investment in the Upper Berbice River Sub Region
By Staff | Friday, September 26, 2008 | 0 Comments
Real challenges to agricultural entrepreneurial initiative …Transportation and communication Historical episodes on commercial agricultural activity in the Upper Berbice River sub region, and the Intermediate Savannahs have endorsed the inherent difficulties... Read more »

Goods could be cleared within five days of arrival
By Staff | Friday, September 26, 2008 | 1 Comment

…if Chamber, Customs plan works The seasonal difficulties experienced by businesses seeking to expedite customs clearance for goods during the Christmas season could be significantly reduced this year if recent discussions between the Georgetown... Read more »

Gov’t needs to provide more education on EPA - GCCI President
By Staff | Friday, September 26, 2008 | 4 Comments
Too little has been done up to this time to educate the business community and the country as a whole about the proposed Economic Partnership Agreement (EPA) with Europe and the various ways in which it will impact on the country,” according to President... Read more »

Taxpayers
By Staff | Friday, September 26, 2008 | 0 Comments

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