– advocates accelerated lending
A review of the liquidity profile of Guyana’s commercial banking sector has revealed that commercial banks are positioned to significantly increase the extent of its lending to both individuals and the private sector though he cautioned that the growth of lending “has to be orderly and should not in any way upset the safety and soundness of the banking sector.”
Head of the Health Sector Development Unit (HSDU) and recently appointed Advisor to President Donald Ramotar, Keith Burrowes, has told Stabroek Business that the creation of a blueprint for the setting up of a Development Bank in Guyana will be undertaken in collaboration with the private sector.
Attractive
Despite the pressure from other countries on the human capital of Guyana and other developing countries, there are benefits to having a diaspora.
Tour operators say the ambience of Guyana’s Kaieteur Falls never fails to impress intrepid travellers, nature lovers who revel in the sheer power of the mighty Kaieteur, the rawness of the environment and the absence of too many symbols of civilization.
– to engage private sector umbrella bodies
Even as chief executive officers of local private sector entities complain incessantly about the scarcity of skills at all levels in the business community, the head of one of the city’s leading business training institutions has told Stabroek Business that in some instances they may well have only themselves to blame for the problem.
Ask most small and micro businesses in Guyana what most threatens their capacity to grow and they will probably tell you something about the indifference of both the major local lending institutions and the private sector umbrella organizations to their concerns.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 478’s trading results showed consideration of $1,228,733 from 60,951 shares traded in 7 transactions as compared to session 477 which showed consideration of $3,137,724 from 149,582 shares traded in 12 transactions.
Mahdia is full of surprises. Not least of those is the fact that if you travel to this small township in the Potaro-Siparuni region you are more likely than not to meet one, possibly more, fellow coastlanders.
– says crime, job scarcity driving migration
Chairman of Demerara Distillers Ltd (DDL) Yesu Persaud says that while he would advise potential investors to invest in Guyana, he believes that the need exists for the creation of a one-stop agency to facilitate them.
Personal
The decision to leave one’s country is a personal one, and as is often the case, the reasons are linked to ambition, economics, and safety and security.
– joint ventures with bigger investors a likely option
The Guyana Gold and Diamond Miners Association (GGDMA) is currently studying a proposal received from the Ministry of Natural Resources and the Environment (MNRE) which the ministry says is aimed at transforming and upgrading the activities of small miners “into organized and modernized mining.”
One of the country’s leading occupational safety and health specialists has told Stabroek Business that government and the private sector must share the blame for the fact that insofar as local safety and health standards are concerned, “as a country, we are in a bad way”.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 477’s trading results showed consideration of $3,137,724 from 149,582 shares traded in 12 transactions as compared to session 476 which showed consideration of $4,691,688 from 225,915 shares traded in 11 transactions.
For the time being at least Guyanese author Maureen Rampertab’s recently launched second book of stories for children, Story Time, is probably safe from the clutches of the predators whose illegal copying and selling of school texts has robbed many an author, publisher and local bookstore of revenues to which they are entitled.
– music executive
Failure to rein in flagrant copyright transgression in Guyana has resulted in the impoverishment of the local music industry and the frustration of indigenous artistes, according to the head of one of the country’s leading recording studios.