Daily Archive: Friday, March 18, 2011

Articles published on Friday, March 18, 2011

BEV employees robbed of over $4M

The police are investigating an armed robbery that occurred at about 2.30 pm today at BEV Fisheries at Houston Estate, Georgetown, during which accountant Michael Vieira, 30 years of Houston Estate, Georgetown, and labourer Richie Sahadeo, 35 years of Better Hope South, ECD, were attacked and robbed by three men, two of whom armed with handguns.

GuySuCo at standstill

GuySuCo’s operations came to a grinding halt two weeks ago due to persistent rainfall—a critical blow for the first crop and production, in a year the industry desperately needs a turnaround.

Lopes and Stephney put down USVI but lose to Aruba

Following their Wednesday  2 – 1 win against the US Virgin Islands, Guyana’s boys under-14 team of Daniel Lopes and Judah Stephney yesterday lost 3 – 0 to Aruba in the North/Central America & Caribbean Pre-Qualifying (WJT) when the fourth day of  competition continued in Santo Domingo, Dominican Republic.

Basketball action in the University of Guyana  Inter-Faculty Basketball Tournament between the Faculty of Technology and UG’s staff team yesterday at the Cliff Anderson Sports Hall. (Orlando Charles photo)

Technology defeat Staff 56-53

More teams continue to chalk up wins in the University of Guyana (UG) Inter-Faculty Basketball Tournament, which continued yesterday with a game that saw the Faculty of Technology defeating UG’s staff team 56-53.

CCC aim to dominate against Guyanese

CAVE HILL, Barbados, CMC – Combined Campuses & Colleges will look to cement their place in the semi-finals, when they face Guyana in the sixth round of the WICB Regional first-class championship, starting today at the Three Ws Oval.CCC

Prime Minister Sam Hinds

PM calls for creation of mining bank

Prime Minister Samuel Hinds is advocating the setting up of a mining bank in Guyana at a juncture when, he says, high gold prices and attendant high profit margins allow miners to place some of their earnings in shares in such an institution.

An aerial view of Ogle airstrip

Second phase of Ogle airport runway to be completed in May

Work on the second 2000-ft phase of the runway at the Ogle International Airport is expected, weather permitting, to be completed by May this year and flights from Caribbean countries could be landing at Ogle by early next year, Chief Executive Officer of the Ogle International Airport Project Anthony Mekdeci told Stabroek Business.

BACIF machines at work

BACIF readying itself for a return of the good times

The Brass, Aluminum and Cast Iron Foundry (BACIF) celebrates its 51st year of service to Guyana’s manufacturing sector with numerous absorbing stories to tell about its critical role in keeping the wheels of industry turning through difficult years and, in the process, making a largely unsung but vital contribution to Guyana’s economy.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 399’s trading results showed consideration of $7,671,846 from 438,783 shares traded in 21 transactions as compared to session 398 which showed consideration of $6,327,661 from 140,489 shares traded in 8 transactions. 

Reculer pour mieux sauter

‘Reculer pour mieux sauter’ – the French maxim means ‘to take a step back in order to jump better’ or, in other words, to retreat in order to achieve a stronger position – was supposed to be a favoured tactic of Napoleon Bonaparte.