Business

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 910’s trading results showed consideration of $12,658,404 from 158,220 shares traded in 14 transactions as compared to session 909’s trading results which showed consideration of $892,232 from 8,749 shares traded in 7 transactions.

Is COVID-19 creating a new local entrepreneurial class?

An article which we propose to publish in the Stabroek Business shortly undertakes a cursory examination of the experiences of a handful of ‘new entrepreneurs’ who have sought to either pursue optional ways of earning a living given the impact of the COVID-19 pandemic on the conventional labour market, or else, have decided to embark on new business excursions, presumably to add to their existing incomes or else, just ‘for the heck’ of undertaking a new adventure.

One of the small bussiness marketing events held prior to the advent of COVID-19

Responding to the COVID-19 threat to the small business sector

A  Stabroek Business Feature If the authorities can hardly be blamed for putting a brave face on what, in many instances, has been the commendable efforts of small and micro businesses, notably those in the agriculture, craft and agro processing sectors, to ‘soak up’ the pressures of the covid-19 pandemic, we need to be mindful that we not extend this focus into the realm of the illusionary.

Russian Deputy Prime Minister Yuri Borisov and President Nicolas Maduro during a meeting in Caracas, Venezuela, Oct. 5, 2019. | Photo: Reuters

Maduro looks to Moscow to help fend off US pressures

With the end of the era of the Donald Trump presidency having, up until now, done little to ease the pressure in Washington to remove the Maduro administration from office in Venezuela, Caracas would appear to be in the midst of consolidating its already close ties with Russia, Moscow having proven to be a strategic ally during the difficult years.

IMF cuts borrowing countries more COVID-19 ‘slack’

The International Monetary Fund (IMF) on Monday March 22 made another bid to throw its lot in to respond to the global coronavirus pandemic when its executive board approved further extensions to already temporary adjustments which it had made to its lending frameworks during the early months of the pandemic.

Karen Abrams

STEMGuyana founder on Forbes Magazine successful ‘50 over 50’ women list

Guyanese-born, United States-based Karen Abrams, who pioneered the introduction of STEM (science, technology, engineering, and mathematics) as an integrated discipline in Guyana has been named by the prestigious Forbes Magazine amongst a group of 50 women over the age of 50 whose work, Forbes says, reflects “the full range of career and passion project paths including entrepreneurship, business ownership, non-profit and philanthropic pursuits, inspirational leadership, public service, policy conceptualization and implementation and social advocacy.”

PAHO Director for Latin America and the Caribbean Dr.Carisa Etinne

Pushing back COVID-19 in the hemisphere: Political leaders must act transparently – PAHO Director

As countries in the Caribbean confront varying degrees of pushback from recalcitrant pockets of population over adherence to strictures believed to be important in minimising the impact of COVID-19, the Pan American Health Organization (PAHO) is warning that countries which fail to enforce strictures effectively could possibly face an acceleration of the pandemic as well as the advent of new strains of the virus.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday April 8, 2021

Stock market

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 909’s trading results showed consideration of $892,232 from 8,749 shares traded in 7 transactions as compared to session 908’s trading results which showed consideration of $$49,098,157 from 440,723 shares traded in 20 transactions.

Professor Pat Francis

UGIRIE seeking to strengthen links between academia and entrepreneurship

Head of the University of Guyana’s recently established Institute of Research, Innovation and Entrepreneurship (UGIRIE) Professor Pat Francis says that the institution can play a novel role in creating a nexus between academia and the realization of initiatives that make ‘real life’ contributions to Guyana’s development.

Women-led businesses and the IDB’s ‘growing together’ gesture

The recent disclosure that the Inter-American Development Bank (IDB) has launched a funded programme – Women Growing Together in the Americas – which seeks to encourage women entrepreneurs in the hemisphere to integrate their businesses into foreign trade and regional value-chains, is deserving of region-wide acknowledgement. 

Presidents Ali and Santokhi during the latter’s visit to Guyana in August

Guyana: Beyond Oil

By Jerry Haar and Deanne Butchey  Newsamericas -March 25, 2021 Many believe that oil is the magic bullet that will hit the bull’s eye of prosperity for Guyana, dramatically increasing revenue, growth, and economic development (regardless of how and where that largesse is spent).

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