Business

Caribbean long-term post-COVID recovery still ‘up in the air’: World Bank President

As international organisations continue to increase their focus on the prognosis for both the speed and extent of Caribbean economies’ recovery from the effects of the COVID-19 pandemic, the World Bank was last week projecting that while there is likely to occur a ‘degree of recovery” in Caribbean Community (CARICOM) countries this year, the ongoing impact of the pandemic notwithstanding, it was unlikely that the extent of that recovery would be sufficient to compensate for the ravages of 2020.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 906’s trading results showed consideration of $18,136,621 from 216,244 shares traded in 33 transactions as compared to session 905’s trading results which showed consideration of $9,104,182 from 48,311 shares traded in 25 transactions.

`Economic Diplomacy’ on a hiding to nowhere?

One of the articles published in this week’s issue of the Stabroek Business addresses the efforts which we stated are being made by Chief Executive Officer of the Guyana Office for Investment (GO-INVEST) Dr Peter Ramsaroop and Minister of Foreign Affairs, Hugh Todd, to draw attention to the government’s efforts, through the vehicles of their respective portfolios, to create a climate more convivial to attracting foreign investment.

Kitco Market Data

Gold Prices for the three day period ending Thursday March 18, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Still no sign of national programme to mark International Year of Fruits and Vegetables

The bountiful spread of fruit and vegetable ‘markets’ that manifest themselves across the country including evidence of a marked increase in the number of new vendors at various vantage points across the capital and in parts of other regions, is one of the many manifestations of the aggressive pursuit of entrepreneurial options arising out of the economic squeeze created by the onset of Covid-19.

Jamaica Tourism Minister Edmund Bartlett

Jamaica tourist industry ‘comin’ back’ this year – Bartlett

For all the damage that has been inflicted on Jamaica’s tourism industry by the onset of COVID-19, notably its impact on tourist arrivals and consequential tourist spending, the Caribbean Community (CARICOM) territory continues to back its visitor appeal by projecting a better year for the industry, the ongoing travails of the pandemic notwithstanding.

T&T FIU links record number of financial scams to COVID-19

Reports in sections of the Trinidad and Tobago media earlier this week assert that the Financial Intelligence Unit of Trinidad and Tobago (FIUTT) tagged a total of 1,831 procedures deemed to have fallen into the realm of Suspicious Transaction and Suspicious Activity and that these were reportedly worth some TT$27 billion.

FAO supporting local ‘fruits and vegetables’ year activities

Guyana’s agricultural sector can anticipate various types of assistance from the local office of the Food & Agriculture Organization (FAO) as the UN agency proceeds with the execution of its mandate as the body responsible for celebrating 2021 as the designated International Year of Fruits and Vegetables (IYFV).

Kitco Market Data

Gold Prices for the three day period ending Thursday March 11, 2021    Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

Stock market updates GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 905’s trading results showed consideration of $9,104,182 from 48,311 shares traded in 25 transactions as compared to session 904’s trading results which showed consideration of $20,853,801 from 228,829 shares traded in 24 transactions.

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