Daily Archive: Saturday, April 11, 2009

Articles published on Saturday, April 11, 2009

Seated left to right are panelists Les Romahlo, member, National Fisheries Advisory Committee; Reuben Charles, Fisheries Consultant; Nigel Dharamlall, Chief Fisheries Officer, Ministry of Agriculture; Barry Joefield, Senior Project Officer, Agricultural Development, Caricom Secretariat; Milton Haughton, Deputy Execitive Director, Caribbean Regional Fisheries Mechanism and Carmel Haynes, Communications Officer, MARGOV Project, University of the West Indies, Cave Hill Campus

Corentyne fish port official backs statement on catch reduction

-cites irresponsible harvesting Chairman of the No. 66 Fish Port Complex Pravinchandra Deodat has told Stabroek Business that irresponsible harvesting has contributed to a reduction in catch by as much as 40 per cent over the past two years and that there was indeed a need for the Ministry of Agriculture to put even stronger measures in place to protect the fishing industry.

Not exciting: Downtown Georgetown yesterday. (Picture by Orlando Charles)

No significant job losses in the commercial sector yet -Chintamani

…but mood ‘not exciting’ President of the Georgetown Chamber of Commerce and Industry (GCCI) Chandradat Chintamani has told Stabroek Business that while the current downturn in the economy is yet to result in significant job losses in the commercial sector there was “an understandable state of uneasiness” as evidence of job losses in other sectors continues to curtail consumer spending.

The unacceptable menace of shipping containers

Business Editorial The sight of heavy duty vehicles leaving the various shipping ports bearing the weight of laden storage containers is an encouraging one since it provides some indication of the volume of local commercial activity which, in a worrying economic environment, certainly cannot be taken for granted.

Data Security

By Andre Griffith In a huge story that has been missed here because of various local upheavals, around ten locations in the NorthWest of England were raided just yesterday, and about a dozen men were arrested in a hastily re-scheduled counter terrorism operation. 

Americas Summit private sector forum must craft solutions to regional crisis

-GCCI President Georgetown Chamber of Commerce and Industry (GCCI) President Chandradat Chintamani wants the  private sector forum which is being staged as part of the historic Summit of the Americas in Port-of-Spain to serve as a catalyst for the evolution of a more cohesive regional private sector that can make direct and relevant inputs in national and regional development plans and processes.

Suriname Ambassador to Guyana, Manorma Soeknandan

Suriname may be disposed to talks on curbing smuggling

-Chamber President There are positive indications that Suriname may be willing to work with the authorities here to curb the rising tide of smuggling of consumer goods into Guyana across the Corentyne river according to President of the Georgetown Chamber of Commerce and Industry, Chandradat Chintamani.

$10M for Clico fund

(Barbados Nation) – Barbados is putting an initial US$5 million (BDS$10 million) into a “Liquidity Support Fund” to help maintain the viability of troubled financial giant CLICO and its subsidiary British American in the Eastern Caribbean Currency Union (ECCU).

Alcoa reports US$497m loss

(Jamaica Gleaner) – Alcoa Inc said on Tuesday it lost US$497 million during the first quarter, as the global economic crisis continued to erode prices and demand for the lightweight metal.

Jamaica unwavering on offshore centre plan

– project funds grow seven-fold in new budget (Jamaica Gleaner) – Jamaica will push ahead with its plan to establish Jamaica as an international financial services centre to capture a piece of the lucrative offshore market within the Caribbean, notwithstanding a renewed crusade by rich countries to clamp down on tax havens worldwide.