GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 508’s trading results showed consideration of $681,870 from 6,720 shares traded in 4 transactions as compared to session 507 which showed consideration of $3,192,633 from 148,093 shares traded in 19 transactions.
Confronted for the first time in almost two years with a sudden, sharp downward movement in gold prices, local stakeholders, the government, investors as well as the hundreds of employees ranging from skilled workers to labourers can do no more than keep their fingers crossed for the survival of what, up until now, has been a lucrative love affair with the precious metal.
The Micro and Small Enterprise (MSE) Development and Building Alternative Livelihoods for Vulnerable Groups project, the first project to be administered through the institutional framework created by the Small Business Act of 2004 has been tasked with ensuring that a total of 2,200 jobs are either created or sustained within the first two years of the project.
Sustained Path The Guyana economy continues to place too much dependence on gold and remittances.
The Brickdam-based Business School has announced that having entered into separate agreements with two external academic institutions it intends to add two more training courses to its curriculum in the course of this year.
A 24-year-old Guyanese craftsman who has won both national recognition and high marks from the Institute of Private Enterprise Develop-ment (IPED) for his dedicated entrepreneurship, is hoping to secure the support of the public and private sectors to facilitate his participation in the June 27-30 Barbados Manufacturers Exhibition (BMEX) at the Lloyd Erskine Sandiford Centre in Bridgetown.
Starr Computer is partnering with the United States firm BioTrack in a move to significantly upgrade the security culture in both the public and private sectors here by introducing a range of biometric solutions.
Onika Beckles’ preoccupation with completing a degree in Economics at the University of Guyana (UG) is matched only by her fixation with ensuring the social, material and intellectual welfare of her five-year-old daughter.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 507’s trading results showed consideration of $3,192,633 from 148,093 shares traded in 19 transactions as compared to session 506 which showed consideration of $197,368 from 5,750 shares traded in 5 transactions.
Business Cartoons
Recent slippages in the price of gold, particularly those that occurred between two Mondays ago and last Friday have been sufficient to raise eyebrows and, in some cases, even to trigger a hint of nervousness.
Acting Tourism, Industry and Commerce Minister Irfaan Ali said that the imminent activation of the Small Business Bureau and the attendant disbursement to the small business sector of funds from Guyana REDD+ Trust Fund created to support projects identified under the Government of Guyana’s Low Carbon Development Strategy (LCDS) should not be perceived as an indication that “easy money” will now be available.
Managing Director of the Guyana Telephone & Telegraph Company’s (GT&T) Mobile Money Guyana service Shawn Thakurdin concedes that the company’s new mobile financial service launched here last month is yet to set the business community alight or to create a wave of registrations
This newspaper has commented in previous weeks on the air of expectancy which, in recent months, appears to have enveloped the small business sector, a circumstance which is being attributed to the advent of the Small Business Bureau and more recently the release by the IDB of the first tranche of funding
Commendable Changes Commendable changes to the Guyana economy go beyond the behaviour of physical output.
Business Cartoon
The Georgetown Chamber of Commerce and Industry (GCCI) has proffered a mixed review of the government’s 2013 budget proposal, describing it as a consumer budget but bemoaning the fact that little provision has been made for the financing of critical infrastructural work and declaring that this year ought to have seen a more significant
If the Partners of the Americas Farmer to Farmer programme has its way, the age-old farming practice of container gardening would make a huge comeback in Guyana.
Fitzroy Valentine is one of the more than 60 members of the Mar Friends Cooperative Society who have been cultivating crops on land bordering Cuffy Dam at Friendship, East Coast Demerara for more than 30 years.
GASCI MARKET JOURNAL GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 506’s trading results showed consideration of $197,368 from 5,750 shares traded in 5 transactions as compared to
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