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Barbados’ Fortress Fund targets Guyana
One of the Caribbean’s best known investment managers, the Barbados-based Fortress Fund Managers, says the performance of Guyana’s economy places it foremost on the list of Caribbean territories in which it is earnestly seeking new opportunities to broaden its investment thrust.
Ghamandi & Sons Enterprises: Helping local industry to grow
The rains may have brought other forms of business activity to a shuddering halt but for Ghamandi & Sons Enterprises it is an uncharacteristically busy period.
Drained and Irritated
IntentionsAt a sitting of the National Assembly today, the country was likely to hear the views and vision of President Ramotar as he addresses the members of the august parliamentary institution.
Grace Kennedy profile in US food retail sector good for the Caribbean
A three-decade battle by the popular Jamaican brand Grace Kennedy to have its canned and packaged foods become fixtures on the supermarket shelves of the major retail outlets in the United States is beginning to bear fruit according to a recent report on the news service Caribbean 360 website monitored by this newspaper.
Sustained export ban bodes ill for the future of Guyana’s scrap industry
Local scrap metal dealers remain hopeful that their efforts to save the industry from extinction will bear some fruit when the government makes its now overdue latest pronouncement on whether or not there are sufficient safeguards in place to remove a ban on exports, which has been in place since April last year.
WTO paints promising picture for global tourism in 2012
The projection by the World Tourism Organization that global tourist arrivals will reach a billion this year signals a dramatic and remarkably quick recovery for an industry that had been hard hit by the global economic crisis.
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Business Cartoons
Business Cartoons.
Defective consumer goods and value for money
Based on the number of complaints we continue to receive from consumers claiming to have bought goods, which, after a relatively short period of use, manifest defects or sometimes cease to function altogether, we believe that a case may well exist for even greater vigilance on the part of the local consumer protection authorities.
CDB tags Guyana’s 5% growth rate last year to strong performances in agriculture, gold sectors
Strong performances by Guyana’s private sector-driven agriculture and gold mining sectors provided “significant support” for the country’s post-crisis economic recovery effort in 2011 even as other countries in the region continued to lag behind in their recovery pursuits, according to a January 31 release from the Caribbean Development Bank (CDB).
Government committed to tourism sector but still no minister
Two months into the Donald Ramotar presidency, the Govern-ment of Guyana is yet to name a replacement for Manniram Prashad as Tourism Minister though President Donald Ramotar has sought to provide assurances that his government remains committed to the growth of the sector.
Cooperative sector as an economic option very much on government’s agenda
More than a quarter of a century after having seemingly been written off as a failed experiment, the vehicle of the cooperative as an economic option for changing lives, maximizing production, increasing employment levels and contributing meaningfully to the growth of the Guyana economy is in the process of being restored to the national agenda.
Tourism: Walking the talk
We appear over the years to have had a fair degree of difficulty in making up our minds as to whether we will embrace tourism as a high-profile sector and do what is necessary not only to burnish the image of the industry but to take it to another level as far as its contribution to the national economy is concerned.
Conflict Diamonds
Conflict Diamonds.
A tough year for micro lenders
DedicatedSometime in the not too distant future, the Institute for Private Enterprise Development (IPED) will hold its 26th Annual General Meeting to discuss the performance of the organization over the last year, and most likely attend to other housekeeping matters.