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XM, Banks beer to be pushed on overseas market in 2012, Reis says
Banks DIH Ltd’s Chairman Clifford Reis told shareholders at the 56th Annual General Meeting last week that the company intends to focus on “a concerted export drive.
Craft industry hobbled by lack of financing, limited access to overseas markets
Lack of financing and an effective local lobby as well as the high cost of taking advantage of potentially lucrative overseas markets continue to inhibit the local craft industry both as a source of secure employment for Guyanese and as a significant money-earner for the economy, according to Managing Director of Amazon Authentics, Irene Bacchus-Holder.
Persaud wants diamond industry to conform to shaky Kimberley Process
Pronouncements by Natural Resources Minister Robert Persaud that his ministry will seek to bring more order to the country’s natural resources sector includes an assertion that the administration intends to institute stronger monitoring measures to ensure that the country’s diamond exports comply with the requirements of the United Nations-sanctioned Kimberly Process poses a challenge that may well cause those difficulties confronting the gold industry to appear small by comparison.
As gold keeps hope alive, can the leaders deliver salvation?
Fork in the RoadThe elections of 2011 have brought Guyanese to yet another juncture of history along the path of nationhood.
Guyana-born businessman to set up US$25M medical resources facility
Four decades after migrating to the United States as a two-year-old Raj Ouellet has returned to Guyana at the urging of his mother.
Gold mining must not be ‘playground for the well-connected’
The commitment given by Natural Resources and Environment Minister Robert Persaud to remove the deep-seated irregularities in the relationships between miners and state officials, one stakeholder says, will have to be “a tough and ruthless process” that will reveal just how “corrupt” the system has become and the inability of the state to properly monitor “the operational procedures” associated with the mining of gold.
CEO: REDjet moving on
Chief Execu-tive Officer of REDjet Ian Burns has denied that its future was in jeopardy and it needed an $8 million injection to keep operating.
Stock market updates
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Banks DIH Ltd: A jewel in the crown of the Guyana private sector
Banks DIH Ltd is more than deserving of its considerable reputation as one of the flagship private sector enterprises in Guyana.
Business Cartoons
Business Cartoons.
Mistrust persists between miners, government, says claim holder
A local gold miner and member of the Guyana Gold and Diamond Miners Association (GGDMA) has told Stabroek Business that last Monday’s meeting between Natural Resources Minister Robert Persaud and stakeholders in the natural resources sub-sectors is unlikely to quell suspicion among miners that government is bent on taking control of a sector that has traditionally been in private hands,“What the setting up of a Natural Resources Ministry has done, in a sense, is to create even deeper suspicion among miners that official rules, regulations and controls are going to be put in place and that these are not going to work to the advantage of miners,” the miner.
Spike in armed robberies triggers new interest in electronic security
Continually rising crime and various other security concerns have seen a significant increase in the level of interest in electronic and IT–based security solutions by sections of the business community, though some business houses compromise their enterprises by relying on cheaper, less efficient options, Stabroek Business has learnt.
The Ministry of Natural Resources
By clustering all of the various natural resources under a single ministry the Government of Guyana is sending a signal that it intends to lend much closer official attention to those sub-sectors.
Synergy Holdings Inc.
Synergy Holdings Inc.
More value than meets the eye
EnigmaThe Guyana stock market could hardly be regarded as a vibrant market place.