Daily Archive: Friday, March 2, 2018

Two temporary relief centres have been established at the Uitvlugt Estate Community Centre and the Uitvlugt Secondary School for residents affected by the flooding on the West Coast of Demerara in Region Three, according to the Department of Public Information (DPI).

The police say that two bandits were killed in a shootout with law enforcers today after a raid on a ranch in the Berbice River.

Just days after its 7th major oil find in the Stabroek Block offshore, ExxonMobil’s subsidiary is set to begin drilling at another site.

Regional Three Officials and the Minister within the Ministry of Public Health, Dr.

President David Granger (second from right at right of table), today, met with the representatives of Chiyoda Corporation and Mitsubishi Corporation executives, who are interested in Guyana’s oil and gas sector.

Chief Sea and River Defence Officer at the Ministry of Public Infrastructure, Kevin Samad has reported that there is severe overtopping along West Demerara between the Den Amstel and De Willem area.

Thirty lots of what would be considered prime lands of the now shuttered Wales Sugar Estate on the West Bank of Demerara are up for sale.

(Trinidad Guardian) Third time’s the charm? It was a smiling Marlene McDonald who was sworn in as a Minister in Public Administration and Communication yesterday—her third ministerial posting in the Government’s term.

Close to a decade after the Lindo Creek killings, a former policeman yesterday recounted the recovery of  the charred remains of the eight miners at the crime scene.

The Special Purpose Unit (SPU) under the National Industrial & Commercial Investments Limited (NICIL), yesterday announced that 100 cane cutters have been contracted to harvest cane in the fields at the former GuySuCo Rose Hall Estate.

The High Court on Wednesday ruled that the revocation of 35 gun licences that were granted to miner Saddiqi Rasul, owner of SRS Security Services, was lawful.

The University of Guyana (UG) yesterday signed a grant with the Caribbean Development Bank (CDB) for just under US$150,000 ($31m) to begin the process for a new library while government has provided US$26, 000 towards the project.

Contractor Elton Carter, the man charged with the D’Urban and Smyth streets accident that claimed the life of cricket coach Daniel Richmond last year, was yesterday handed a 12-month sentence.

The construction of a high-rise building in Duke Street, Kingston by city businessman Rizwan Khan has upset residents of Barrack and Duke streets who are now grappling with damage to their properties and other problems.

Twelve Guyanese will be boarding the drill ship Noble Bob Douglas next week for the ExxonMobil well sites after they completed training with the company and logistics company JSL International.

PORT OF SPAIN, Trinidad, CMC – CARICOM leaders will meet with the International Cricket Council next month in London to discuss their recently adopted position on the future of West Indies cricket, as they step up pressure on embattled Cricket West Indies to restructure its governance.

The government will be forging ahead with the US$31.03M Sheriff Street-Mandela Avenue Road Enhancement Project and works are scheduled to begin this month.

CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana): COMMUNIQUÉ ISSUED AT THE CONCLUSION OF THE TWENTY-NINTH INTER-SESSIONAL MEETING OF THE CONFERENCE OF HEADS OF GOVERNMENT OF THE CARIBBEAN COMMUNITY 26-27 February 2018, Port-au-Prince, Haiti Heads of Government having reviewed relevant legal opinions agreed that cricket in the Caribbean Community (CARICOM) was a regional public good and, as a consequence, a course of action could be pursued whereby Governments would intervene in the governance of West Indies Cricket, as distinct from managing the operations of the sport.

The conclusion of most sporting events usually ends with the celebration of its marquee players while little is said of the juniors, the ones who set the tone and will perhaps one day earn the rights to inflated attention.

A former clerk was yesterday charged with embezzling $2.6 million from John Fernandes Limited.

The calendar has flipped to March, therefore it’s time for the Kares Engineering Inc.

Charged with burning a 15-year-old with water, which he claimed was an accident, Compton Sealey was spared from prosecution yesterday when the victim indicated he did not want to pursue the case.

The top stable owners of the Triple Crown Series which runs off from Sunday can look forward to adding large pieces of hardware to their cabinets.

The Director of the Guyana Deaf Mission, Lawrence Hallahan believes his movements were being carefully observed by a man who attacked him at gunpoint on Wednesday morning and relieved him of more than $100,000 in cash and other valuables shortly after he had returned to his Vlissengen Road office from a city bank.

Mark Greaves, the accused in the 2015 Christmas Day murder of Winston Fredericks, was discharged yesterday after Justice Navindra Singh upheld a no-case submission made by his attorney.

Ralph Green, sponsor of the East Bank Football Association (EBFA) Under-11 League, made a timely donation of equipment to Diamond Upsetters Football Club on Tuesday.

A fire ravaged a building in the Parika Commercial District on Wednesday afternoon, resulting in the destruction of a cook shop and a barbershop.

CAC TT Qualifiers Guyana’s table tennis delegation participating in the qualifiers for the forthcoming Central America and Caribbean Games made an impressive start on Wednesday, the opening day in Havana, Cuba.

The preliminary trial of the two police officers accused of the murder of businessman Godfrey Scipio, called ‘Sagga,’ yesterday commenced before Magistrate Fabayo Azore.

Distribution/Warehouse defeated Central Service by eight wickets, when the Banks DIH GT Beer Inter-Department Soft Ball Cricket Championship, continued on Monday at the Thirst Park ground.

Caribbean Premier League: The player draft for the 2018 Hero CPL T20 Caribbean Premier League took place on Thursday 1st March at Gfinity eSports Arena in London with many of the world’s top cricketers being selected for the tournament that will begin on 8th August.

Contrary to a report in yesterday’s Stabroek News entitled `Finance Minister proposal on GuySuCo Chair draws opposition at Cabinet’,  Finance Minister Winston Jordan was not present at Tuesday’s Cabinet meeting when the proposal in his name for a new Chairman of GuySuCo was presented.

HARARE, Zimbabwe, CMC – An unconvincing West Indies needed left-arm spinner Nikita Miller’s five-wicket haul to beat minnows United Arab Emirates by 32 runs, as their dodgy start to the ICC World Cup Qualifiers continued here Thursday.

The Guyana Police Force on Wednesday held a farewell parade in honour of its 31st Commissioner of Police Seelall Persaud, who is retiring after serving the force for 33 years.

Banks DIH Limited made financial donations to 27 organisations on February 28th, 2018 to the tune of $4.3 million during a ceremony at the Company’s Corporate head office at Thirst Park, a release from the company said yesterday.

A United Kingdom-based company, Focus Link Ltd is currently engaging the Ministry of Natural Resources in discussions aimed at the realization of “an enduring solution” to the multi-faceted compliance and regulation challenges plaguing the gold-mining sector.

Dear Editor, Sugar production at the end of 2017 was 138,070 tonnes, the lowest since Hoyte took action to stem the free fall in sugar production under the PNC in the late 1980s when production hit rock bottom at 129,920 tonnes. 

Visiting Professor at the School of Enterprise and Business Innovation (SEBI) at the University of Guyana Dr.

LONDON, CMC – Barbados Tridents have embarked on an overhaul of their squad for the 2018 Caribbean Premier League season, with leading players Kieron Pollard and Shoaib Malik both departing for other franchises.

Chief Executive Officer and Commissioner of the Guyana Lands and Surveys Commission (GLSC), Trevor Benn has announced that the Commission is developing a Code of Ethics to guide and police the work of Land Surveyors across the country.

WASHINGTON, (Reuters) – President Donald Trump announced yesterday he would impose hefty tariffs on imported steel and aluminum to protect U.S.

We are reprinting the first part of this letter, and including the second part which was not published because it did not arrive in our email inbox for technical reasons.

(Reuters) – Barcelona were held to a 1-1 draw at relegation-fighting Las Palmas on Thursday in an unexpected setback that left them with a five-point lead in La Liga ahead of their top-of-the-table showdown with Atletico Madrid this weekend.

CARACAS,  (Reuters) – Venezuela yesterday postponed its upcoming presidential vote to May 20 in a move cementing an opposition split as socialist incumbent Nicolas Maduro seeks re-election despite an economic crisis and global censure.

The Private Sector Com-mission will next Tuesday host an oil and gas seminar to assist local businesses to prepare themselves for first oil come 2020 and beyond.

DURBAN, (Reuters) – Captain Steve Smith and opener David Warner both scored fifties on Thursday as Australia reached 225 for five before poor light brought play to an early close on the opening day of the first test against South Africa.

By Karen Abrams, MBA Co-Founder, STEMGuyana The past few years have witnessed a significantly enhanced sensitivity among our young people, particularly school-age children, to the importance of information technology as an educational tool that will serve our country’s developmental mission.

Dear Editor, It seems obvious that there are some people who are unable to cope with the stress of office.

Luxury can be defined as a state of great comfort or elegance, especially when difficult to obtain.

Dear Editor, After bungling their respective portfolios in the oil and sugar sectors, the holders of these portfolios are being relieved and their responsibilities shunted off to other agencies.

NEW DELHI, (Reuters) – India regained its status as the world’s fastest growing major economy in the October-December quarter, surpassing China for the first time in a year as government spending, manufacturing and services all picked up.

NORTH SOUND, Antigua, CMC – Left-arm spinner Jomel Warrican snatched a third career 10-wicket haul as West Indies A crushed England Lions by 212 runs in the final four-day “Test”, to pull off a highly anticipated series whitewash here Thursday.

BOGOTA, (Reuters) – Colombia and the United States agreed yesterday to work together to reduce by half the production of cocaine, and cultivation of its raw material coca in the South American nation within five years.

When Stabroek Business arrived at Stall A3 Giftland Mall on Wednesday it was as if a small squall has just passed through the cramped space.

MUMBAI/NEW DELHI,  (Reuters) – Federal police in India yesterday told a court an internal auditor at a Mumbai branch of Punjab National Bank conspired with other officials to carry out a $2 billion fraud at the country’s second-biggest state lender.

Dear Editor, The headline that caused me grave dismay was, ‘Exxon Contract ‒ Final –Harmon’, published in Stabroek News and dated February 23, 2018.

For some years Guyana held the dubious distinction of being the suicide capital of the world by virtue of a staggering suicide rate of just about 44 persons per 100,000 in 2012.

“Tactics is knowing what to do when there is something to do; strategy is knowing what to do when there is nothing to do.”

PORT OF SAN JOSE, Guatemala, (Reuters) – Guatemala appealed to the United States yesterday for more equipment and training to tackle drug trafficking as U.S.

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)

Gold Prices for the three-day period ending Thursday March 1, 2018

(Reuters) – The world indoor athletics championships begin in Birmingham on Thursday with the high jump finals as organisers look to replicate the buzz generated by a similar unusual start to the 2016 edition in Portland.

Dear Editor, As I travel around India from Delhi to Madya Pradesh to Rajasthan to Gujarat to Mumbai to Uttar Pradesh and to Bihar, and indeed all across northern India, people are celebrating or making preparations to celebrate Holi.

(Trinidad Guardian) State-owned Petrotrin moved in yesterday to seize the assets of one of its private lease operators, A&V Oil and Gas Ltd, two days after the private lease operator lost its legal battle to prevent the company from terminating its contract.

The National Agricultural Research and Extension Institute (NAREI) is spearheading the cultivation of 25,000 tomato seedlings which will be allocated to meet the production needs of the Pakaraima Flavours Sundried Tomato Project of Region Eight.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 762’s trading results showed consideration of $4,685,043 from 25,094 shares traded in 18 transactions as compared to session 761’s trading results which showed consideration of $20,735,105 from 251,919 shares traded in 30 transactions.

-National Flag, Corentyne’s Children “Her children pledge each faithful hour To guard Guyana’s Lands To foil the shock of rude invaders Who’d violate her earth To cherish and defend forever The state that gave them birth” The foregoing, of course is just a snatch from our Guyana’s Song of the Republic.

The reported brouhaha over the alleged two-month gap in the payment of salaries to security guards providing services at state locations in Region Five would appear to point to the persistence of an entrenched practice of employer exploitation of security guards by private contractors providing service at state institutions.