Daily Archive: Friday, February 15, 2008

Articles published on Friday, February 15, 2008

Inevitable risks

A month before he was caught, the trader Jerome Kerviel worried that his supervisors at Societe Generale would uncover a secret profit of one and a half billion euros which he had made in fraudulent trades.

DIGICEL Mahdia cellular site launch steps up local telecommunications competition

Chief Executive Officer of DIGICEL’s Guyana operations Mark Linehan has told Stabroek Business that last Sunday’s launch of the company’s GSM cellular service at Mahdia reflects the company’s conviction that the creation of a competitive environment in the telecommunications sector offers more choice to Guyanese consumers while providing greater opportunity for the economic advancement of the country.

Editorial

Long before the February 12 on-line issue of The Economist magazine reported on the Lusignan massacre of January 26, countries around the world would have already learnt by one means or another of the dastardly act.

My Business Perspective

Overview: In modern times, the only times Governments are involved in private sector operations and revenue generation, other than taxes, are in the few remaining socialist, communist, or dictatorial countries.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Graham racing for track record

“I don’t like to make predictions to be honest with you, I just let my riding do the talking, but I am looking at breaking the track record on Sunday,” Canadian Super Bike champion Kevin Graham told Stabroek Sport.

NALICO/NAFICO Inter-Association U-15 competition

Defending champions Georgetown and East Bank Demerara, recorded easy wins as action in the NALICO/NAFICO-sponsored Demerara Cricket Board (DCB) At the Georgetown Cricket Club (GCC) ground, Georgetown easily defeated West Demerara by 160 runs to complete their second successive victory which virtually guaranteed them a spot in tomorrow’s finals.

A heartening photograph

Dear Editor, The cheerful smiles and without any distance between them in the photograph in SN of Wednesday 13th between the Australian Prime Minister and Opposition leader is a timely reminder for our leaders to emulate, meet, greet and embrace despite their respective divergent views.

No salary increases for years, wages often paid late

Dear Editor, We are guards employed by the United Associates Security and Domestic Services (UASDS) in Region Two (Pomeroon-Supenaam) and are very perturbed by some developments here To begin with, we are constantly receiving our salaries very late and for January 2008, we have not been paid although it is the end of the month.

In Berbice operation…

A Joint Services operation near Alness, Corentyne yesterday recovered the army’s AK 47 rifle which went missing last year December and two men were nabbed in what sources say was a deal to sell the weapon for $80,000.

Gov’t thwarts Corbin motion on Lusignan

Unhappy with a resolve clause, government MPs yesterday voted against a request for the suspension of the Standing Orders to allow a motion in the name of Opposition Leader Robert Corbin on the Lusignan massacre to proceed, resulting in PNCR-1G members boycotting the rest of the sitting.

Lusignan debate

Government MPs had the House to themselves yesterday to speak on the Lusignan massacre after a PNCR-1G boycott and a sharp exchange between the Speaker and the Minister of Home Affairs captured the spotlight.

Ganja boat intercepted

Wales, West Bank Demerara (WBD) police on Wednesday night intercepted a boat and found 13.6 kilograms of ganja in a bag in the vessel and one man has since been held as investigations continue.