Daily Archive: Friday, October 1, 2010

Articles published on Friday, October 1, 2010

DDL’s Komal Samaroo and Sandals’ Butch Stewart

Chamber President salutes DDL’s Sandals achievement

– a ‘boost’ for the manufacturing sector President of the Georgetown Chamber of Commerce and Industry Komal Ramnauth has said that the recent agreement between Demerara Distillers Ltd (DDL) and Sandals Resort International under which El Dorado will be the exclusive pouring rum at all Sandals Resorts is an outstanding achievement for the local private sector and for Guyana as a whole.

From hot sauces to vinegar to essence, Prestige Manufacturing and Bottling Enterprise is offering a variety of products at GuyExpo.

Norway $$ in 10 days – Jagdeo

-GuyExpo opens GuyExpo opened last evening with President Bharrat Jagdeo announcing that within 10 days Norway will deposit US$30 million into the Guyana REDD+ Investment Fund (GRIF), the first payment under the forest protection Memorandum of Understanding (MOU) signed between the two countries.

Arjune Gobin

Uzi tied to Wellington Park murder – cops

Ballistic testing on an Uzi semi automatic firearm which was recently intercepted in the Berbice area by the authorities has determined that it was used in a Wellington Park, Corentyne robbery during which a security guard was shot and killed in May this year.

Armed bandits storm energy agency

-tie up guards, steal fuel markers Four masked gunmen stormed the Guyana Energy Agency (GEA) head office on Quamina Street yesterday morning and after tying up two female guards and holding them at gunpoint, escaped with containers of fuel markers.

Advocates of the Youth Vision initiative recited their non-violence pledge during the ceremony to mark the official launch.

New scheme takes aim at school violence

Every Child Guyana/ ChildLinK in collaboration with the UN-funded En-hanced Public Trust, Security and Inclusion programme on Tuesday launched “Youth Vision” an initiative aimed at reducing the level of violence in secondary schools.

GCB to use Airtel $$ for debt repayment, cricket development

– Secretary The money that the Guyana Cricket Board (GCB) stands to gain from the participation of  the Amazon Conquerors in the Airtel Champions League 20/20 tournament in South Africa will go towards paying outstanding debts and cricket development, according to GCB Secretary Anand Sanasie.

So long, farewell! The late Lennox Joseph Hunte (left) receiving a trophy from now Mayor of Georgetown and longstanding member of DCC Hamilton Green.

Lennox Hunte passes on

  “He was a gentleman and gave Jack his jacket,” is the way in which Sherlock Atwell will remember  his friend and former teammate Lennox Joseph Hunte who died at 20:00 hours on Wednesday at the Georgetown Public Hospital (GPHC).

The new Code of Conduct. Inset is GCCI President Komal  Ramnauth

Business code frowns on use of inducements

– competitive advantage must be earned, not paid for Higher standards of ethical behaviour underpinned by respect for national laws and regulations governing trading practices, improved levels of customer service, a commitment to fair business transactions and the “professional and diligent management” of business enterprises are among the key features of the Code of Conduct promulgated by the George-town Chamber of Commerce and Industry (GCCI) on Tuesday evening.

Rugby Sevens depart England for India

`Preparations are going very well’ – Nascimento After five days of British hospitality, the national rugby Sevens team departed England yesterday for India where they will be representing Guyana in rugby Sevens at the Commonwealth Games in New Delhi from October 3-14.

Save our alluvial gold and diamond miners – a plea to President Jagdeo

Your Excellency, President Jagdeo, on behalf of the many thousands of our Alluvial Gold & Diamond Miners, we plead with you to stop any implementation of all the “draconian” mining regulations, some of which were introduced in the past, and many more “IMPOSSIBLE TO MINE CONDITIONS, which the SLUC has sent to you previously, and a set of similar additional conditions, which they are about to send to you now.

The yield and the return

Time Horizon An observation was made about the use of the word “yield” in the narrative of the Lucas Stock Index (LSI) and of the importance of not confusing the concept of the yield with the concept of rate of return on investment. 

Clarification

In the wake of the publication of the April 2010 Economist Intelligence Unit Country Report on Guyana, the Stabroek Business published a story based on the contents of the report in its Friday June 25 issue.

Oscar-nominated Tony Curtis dies, age 85

LOS ANGELES, (Reuters) – Tony Curtis, whose dark  hair and good looks made him a Hollywood star well before he  became an accomplished actor in hit movies such as “Some Like  It Hot” and “The Sweet Smell of Success,” died Wednesday night  at his home in Nevada.

All to play for in Venezuela

As expected, President Hugo Chávez and his United Socialist Party of Venezuela (PSUV) obtained a majority of representatives in the National Assembly in last Sunday’s legislative elections.

GuyExpo opens

This woman was sampling Pandama’s jamoon wine from local wine maker Warren Douglas as she explored the booths during the first night of GuyExpo.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 374’s trading results showed consideration of $3,645,558 from 86,908 shares traded in 12 transactions as compared to session 373 which showed consideration of $605,763 from 53,377 shares traded in 8 transactions.