Daily Archive: Friday, September 6, 2019

Articles published on Friday, September 6, 2019

SARA seeking to recover $2.7B from QAII, $274m from GBTI

The State Assets Recovery Agency (SARA) today announced that it was seeking to recover $2.7b from Queens Atlantic Investment Inc over its controversial deal for the former Sanata Textiles and $274m from the Guyana Bank for Trade and Industry for the purchase of the Kingston property that is now its headquarters.

Displaced Haitian nationals take refuge on the grounds of the Government complex in the aftermath of Hurricane Dorian on the Great Abaco island town of Marsh Harbour, Bahamas, September 4, 2019. REUTERS/Dante Carrer

Aid rising for hurricane-ravaged Bahamas

Following a visit to hurricane-hit  Bahamas by a CARICOM high level delegation yesterday, the Caribbean Development Bank (CDB) has allocated almost US$ 1 million in relief funds for the government and the Pan American Health Organization/World Health Organization (PAHO/WHO) has deployed three Emergency Medical Teams which will focus on clinical care for survivors.

NAMILCO partnering with German bakers to host seminar today

More than 130 persons from bakeries, fast food outlets, hotels and other service providers in related sectors are expected to spend the day, today, further honing their baking skills at a Baking Seminar at the Marriott Hotel being hosted by the local National Milling Company of Guyana (NAMILCO) in collaboration with DeutscheBack of Germany under the theme.

Commercial banks’ small business lending culture and the posture of our Business Support Organizations

Twice last week, during the course of interviews relating to stories published in the Stabroek Business raised with interviewees issues pertaining to the relationship between commercial banks and sections of the private sector in relation to the latter’s disposition to commercial bank lending for investment in small business initiatives, particularly in the manufacturing sector.

Members of the Golden Jaguars unit going through an attacking pattern ahead of their CONCACAF Nations League clash with host Aruba

Guyana to clash with Aruba today

In what will be the third ever meeting of the nations, the Golden Jaguars, Guyana’s flagship national programme, will open their CONCACAF Nations League League-B campaign today against Aruba in Curacao.

Jamaica Gleaner launches Small Business Monthly

Based on what it says is ‘careful review and evaluation” the Jamaica Gleaner on Monday launched a monthly publication, Small Business Today, which, it says, underscores the company’s commitment “to erase the gap in rural coverage by reaching out to communities across the island to tell of their triumphs and unveil their challenges in search of solutions.”

Pacer Jimmy Neesham celebrates another wicket during Wednesday’s opener against St Kitts and Nevis Patriots.

Neesham gives reigning champions winning start

PORT OF SPAIN, Trinidad,  CMC – Two-time reigning champions Trinbago Knight Riders made a successful start to the defence of their Caribbean Premier League title here Wednesday night, when they beat St Kitts and Nevis Patriots by 11 runs at Queen’s Park Oval.

Australia’s Steve Smith celebrates reaching 200 runs Action Images via Reuters/Jason Cairnduff

Magnificent Smith puts Australia in command

MANCHESTER, England,  (Reuters) – Steve Smith’s domination of England’s bowling attack in the Ashes series reached new heights yesterday as his magnificent 211 led Australia to 497-8 declared on the second day of the fourth test at Old Trafford.

Market prices

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana MArketing Corporation or Ministry of Agriculture.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 841’s trading results showed consideration of $10,003,675 from 104,587 shares traded in 12 transactions as compared to session 840’s trading results which showed consideration of $1,937,831 from 17,517 shares traded in 21 transactions.