Daily Archive: Sunday, March 1, 2009

Articles published on Sunday, March 1, 2009

CLICO Guyana fallout

Commissioner of Insurance ‘acting in best interest of policyholders’ The Office of the Commissioner of Insurance yesterday moved to clear the air on the CLICO Guyana issue, in the light of “misleading and misinformed comments currently being made on the matter…” In a press release issued through the Government Information Agency (GINA) yesterday, Com-missioner of Insurance Maria van Beek noted that as regulator of the insurance sector, the commissioner has a responsibility to act in the interest of the long-term stability and strength of the sector and in particular in the interest of policyholders and the public.

Benn cautions against run on banks

Minister of Transport and Hydraulics Robeson Benn on Friday cautioned persons against rushing to the banks to withdraw their money as this could trigger a similar situation as obtained in the United States and other countries where banks had failed.

Melissa ‘Vanilla’ Roberts

Vanilla takes Road March crown

After coming second to Shellon ‘Shelly G’ Garraway in this year’s Carib Soca Monarch competition, Melissa ‘Vanilla’ Roberts bounced back to take the 2009 Road March title with her song “Rude”.

Pegasus appoints new executive chef

Pegasus Hotel Guyana has appointed a new executive chef. Paul Hamilton who was born in Scotland and schooled in England where he obtained his diploma in Hotel and Culinary studies, has been appointed to the post, the hotel said in a press release.

Contentious dismissals

At Kensington Oval The evidence has been growing for some time and the flaws so starkly exposed at Kensington yesterday provided further proof that Test cricket’s latest technological innovation, the umpires’ referral system, is an experiment that needs urgent review, even scrapping altogether.

Mahendra Persaud

Rifle shooting programme fires off today

The 2009 Rifle Shooting programme will fire off today with a Record Shoot  at the Timehri Rifle Ranges as local shooters prepare to defend the Caribbean Fullbore championships  in three months time in  Trinidad and Tobago.

Mayor’s Cup Competition…

Last quarterfinal to be decided tonight The first round of the annual Mayor’s Cup Competition concludes tonight with what promises to be a thrilling double header at the Georgetown Football Club (GFC) ground with the victors advancing to meet each other in the quarterfinals.

Rain no play

Rain had the final say on the opening day of the Guyana Cricket Board (GCB)/ Castrol sponsored Inter-county Under-15 cricket competition at the Anna Regina Community Centre ground in Essequibo yesterday.

The ostrich and the sandhill

So the global financial turmoil has finally reached these shores. If the government really believed all those reassuring words they have been plying us with all this time, they should now be in a state of total shock.

British American sued for US$38M

(Trinidad Guardian) The US company which sold 6,000 acres of land in Florida to British American has sued the insurance company, a subsidiary of the beleaguered CL Financial group, to recover US$38.2 million in a move which could end with the lender owning British American Trinidad.

Fruta EBFA Under-13 League

Grove Hi Tech maintains unbeaten run Only one of three scheduled matches was contested when the Fruta East Bank Football Association Under-13 league competition resumed yesterday at the Grove ground.