Daily Archive: Friday, June 14, 2013

Articles published on Friday, June 14, 2013

Windies fined for slow over rate

CARDIFF, Wales,  CMC – West Indies have been fined for maintaining a slow over-rate during their rain affected Group B match against South Africa in the Champions Trophy here on Friday.

President asks GPL to hold on tariff hike

President Donald Ramotar announced this afternoon that he had had a meeting with the board and management of GPL and he has instructed the company to stand down the proposed 26.7%  tariff increase until the government can look at ways of restoring the $5b cut from the budget.

Gunmen raid Jamaica livestock farm

(Jamaica Observer) Ten masked gunmen on Wednesday night invaded an animal farm in Nightingale Grove, St Catherine, slaughtering 32 sheep and 18 goats before making off with the carcasses, leaving only the intestines behind.

Urling pitches strategy for PSC reform

With the formal announcement of his candidacy for head of the Private Sector Commission (PSC), Georgetown Chamber of Commerce and Industry (GCCI) President Clinton Urling has outlined plans to enhance the effectiveness of the body, with a view to ensuring a stable social and economic environment for businesses to bloom.

Motion tabled to up limit on gov’t guarantees

Minister of Finance Dr. Ashni Singh yesterday tabled a Motion to increase the limit on total guarantees that can be issued under the Guarantees of Loans (Public Corporations and Companies) Act from $1 billion to $150 billion or approximately US$730 million as a means of guaranteeing that Guyana Power and Light is able to purchase the power that the Amaila Falls hydroelectric facility will generate.

Elon Isaacs

Supply man succumbs after ATV crash

Elon Isaacs, the 32-year-old mini bus driver who smashed into a lantern post after he went for a joy ride with an All Terrain Vehicle (ATV) on June 2 at Supply, East Bank Demerara succumbed to his injuries on  Monday night at the Georgetown Public Hospital. 

Guyana hosting regional meet on land, forest access guidelines

The Agriculture and Natural Resources and the Environment ministries are hosting a meeting for government, civil society and other stakeholders from the Caribbean region to discuss the implementation of the ‘Voluntary Guidelines’ on the responsible governance of tenure of land, fisheries and forest, in the context of food security.

 Donald Ramotar

National Economic Forum to craft 10-year economic growth strategy

Senior government and private sector officials including President Donald Ramotar and the heads of the country’s major Business Support Organisations (BSOs) will participate in what is being billed as a major two-day National Economic Forum (NEF) to discuss “key emerging issues relevant to Guyana’s development”, while outlining a vision of where Guyana wants to be in the next two decades.

Winston George

Winston George places 2nd in Toronto 400m

TORONTO, Canada,  CMC- Grenadian high jumper Patricia Sylvester achieved a personal best and set a new Grenada record as she won the women’s event at the 3rd Annual Toronto International Track and Field Games here on Tuesday.

GCCI’s Business Guyana magazine

GCCI backing women, youth to grow small business sector

The Georgetown Chamber of Commerce and Industry (GCCI) says it is backing women and young people between the ages of 18 and 35 to create a countrywide micro and small business culture that can serve as “effective catalysts in creating jobs for the country’s rapidly developing economy.”

New Fisheries Management Plan finalized

The Ministry of Agriculture’s, Fisheries Department within the framework of the European-Union (EU)-funded African, Caribbean and Pacific (ACP) states FISH 11 project has produced a new Fisheries Management Plan for Guyana that aims to cover the next five years (2013-2018). 

Bolt and Blake split wildcards for worlds

KINGSTON, (Reuters) – Usain Bolt will have to qualify for the 100 metres at this year’s world championships after Jamaican officials decided the country’s automatic entry into the race should go to his training partner Yohan Blake.

Albouystown man jailed for ganja trafficking

A man was on Wednesday sentenced to a three-year prison term after he was found guilty of possession of a quantity of cannabis for the purpose of trafficking Paul Persaud, 20, of Hill Street Albouystown, was also fined $51,420 when his trial concluded in the Georgetown Magistrates’ Court.

Stock market updates

GASCI reports that session 515’s trading results showed consideration of $12,784,559 from 233,605 shares traded in 24 transactions as compared to session 514 which showed consideration of $11,852,403 from 542,896 shares traded in 16 transactions. 

Digital Technology at last Wednesday’s Chamber of Commerce Information Technology Forum

Private sector technology think tank mulled

Starr Computers says local service providers in the business technology sector are likely to support such moves as the Georgetown Chamber of Commerce and Industry (GCCI) may make to develop “meaningful linkages” between equipment and service providers and businesses that can be both enhanced and protected by the technology that is coming on the market.

Focused and assertive private sector representation

Recent conversations with the Chairman of the Private Sector Commission (PSC) and the President of the Georgetown Chamber of Commerce and Industry (GCCI) suggest that both organisations are keen to pursue agendas that have to do with enhancing the quality of the private sector and increasing its contribution to national wealth.

Lessons from Turkey

What began on May 28 as a protest against the planned redevelopment of a park in Istanbul, to accommodate the construction of a replica Ottoman-era barracks and a mosque, has snowballed into a national political crisis for Turkey’s Prime Minister, Recep Tayyip Erdogan, and his Islamist-leaning Justice and Development Party (known by its Turkish acronym, AKP).

Whirlpool smile

Whirlpool smile: Yolanda Jonas of Diamond Housing Scheme, East Bank Demerara was a very happy woman yesterday when she found out that she was the winner of a Whirlpool Washing Machine from the ARIEL Perfect Wash promotion.