Daily Archive: Friday, June 15, 2018

Articles published on Friday, June 15, 2018

Cop charged with assaulting two women

Police Corporal Rondell Gouveia today appeared at the Sparendaam Magistrate’s Court 2 before Magistrate Zamilla Ally-Seepaul, charged with unlawful wounding, two counts of assault causing actual bodily harm, two counts of threatening language, damage to property, and disorderly behaviour committed on Candace Younge and Alisha Martin on June 5, 2018 at Sophia, to which he pleaded not guilty and was placed on a total of $140,000 bail.

Russian striker Artem Dzyuba rises above the Saudi Arabia defence in the 71st minute to head home his side’s third goal (Photo courtesy of FIFA.com)

Russia crush Saudi Arabia 5-0

MOSCOW, (Reuters) – Russia launched the World Cup party in spectacular style when they thrashed a feeble Saudi Arabia 5-0 in the tournament’s opening match on Thursday to give the host nation the lift they desperately needed after a nine-month winless run.

From left are Hard Rock Café representative Hershael Ramesar along with the PSC’s Devon Seeram, PSC Chairman Eddie Boyer and PSC Vice-Chairman Desmond Sears at the press conference yesterday afternoon.

Guyana’s potential was main draw for Hard Rock Café

Guyana’s growing business potential is the main factor behind it being chosen as the location for the Hard Rock Café’s first Caribbean franchise, a representative of the company said yesterday after meeting with the Private Sector Commission (PSC) and major companies in the manufacturing sector.

Eid ul Fitr being celebrated today

The Central Islamic Organisation of Guyana (CIOG) yesterday informed Muslims that the crescent for Shawwal has been sighted and therefore Eid ul Fitr will be celebrated today, signifying the end of Ramadan, the month of fasting.

A high level private sector team poses for a picture with MovieTowne  boss Derek Chin (third from right)

Giftland boss wants ‘full disclosure’ on MovieTowne duty-free concessions

Amidst reports of complaints from Trinidad and Tobago businessman Derek Chin that the launch of the US$45 million MovieTowne Leisure and Entertainment Complex at Turkeyen has suffered delays on account of various government-erected bureaucratic hurdles,   including delays in the clearance of containers for which duty-free concessions were granted, Chairman of the rival Giftland Group Roy Beepat is again seeking information as to “what concessions and facilities were granted” to MovieTowne.

One of Emporium’s creations

Emporium Investments aiming at new standards ethic in construction sector

Karni Paton and Sean Thompson, the husband and wife team that has established the Emporium Investments Bureau Inc in Guyana are seeking to, among other things, infuse an enhanced work ethic into the local construction sector, prepared, they say, to back their confidence in their ability to turn things around by offering extended warranties on the structures they deliver to their clients.

Jamaica moving to curb politicisation of state Boards

With governments in the region plagued by the practice of packing the Boards of state-run entities with their favoured political appointees, the present administration in Jamaica is moving to table regulations in the country’s National Assembly that will effectively de-politicise the Boards of public-sector bodies by, among other things, ensuring that a third of those appointed by a previous Minister or administration be carried over to a new Board.

A Rotaract Club celebration in dance. (Ministry of the Presidency photo)

Rotaract Club celebration

President David Granger last evening said that youth organisations such as the Rotaract Club, must prepare itself to assume a greater responsibility for projects aimed at promoting awareness of global issues, preventing damage and degradation, which are attributable to human activities and protecting the environment.

Morocco to bid for 2030 World Cup

RABAT, (Reuters) – Morocco will bid to host the 2030 World Cup, a government spokesperson said on Thursday, a day after the kingdom missed out on the 2026 tournament to a joint North American bid.

Time to think of a Sovereign Wealth Fund for Guyana

  Introduction Column 40 noted that in practice, any Sovereign Wealth Fund for Guyana has to take a whole host of factors into account, including the country’s recurring deficits which are financed by loans; the deficit in its infrastructure; future revenue gains and losses; commodity prices including that of oil; and citizens’ rising expectations.

Politics and public/private sector relations

Relations between the public and private sectors in the economic sphere are generally considered – and justifiably so – to be essential to Guyana’s economic health, the reason being that while it is government that creates and provides the policy framework within which the private sector functions, it is the private sector by investing in economic initiatives that makes critical goods and services available, paying taxes and creating jobs that are, in fact, the engine of growth.