Daily Archive: Friday, January 3, 2020

Articles published on Friday, January 3, 2020

GMC’s Farmers Market

Stabroek Business’ ‘picks’ for service to the small business sector in 2019

In a year when the growth of the small business sector was inhibited by several constraints, not least the scarcity of material resources for the growth of emerging enterprises, limited access to technology and training necessary for the qualitative enhancement of the manufacturing sector, limited access to opportunities to expose products to overseas markets and limitations associated with the ability of some businesses to produce the volumes necessary to generate meaningful returns, the Stabroek Business wishes to pay tribute to those state-run and private sector entities which, in its opinion demonstrated genuine and sustained interest on the small business sector.

(Tullow Oil graphic)

Oil found in 3rd offshore block

The UK‘s Tullow Oil plc yesterday announced that the Carapa-1 exploration well, drilled on the Repsol-operated Kanuku licence offshore Guyana, has encountered approximately four metres of net oil pay based on preliminary interpretation but that this is below pre-drill estimates.

Trade Unionist Lincoln Lewis

Workers rights, environmental protection are big oil industry concerns – Lewis

While there is little doubt there are now clear signs of an emerging potentially lucrative oil and gas industry in Guyana, there exists, equally, a clear danger that the sector could pose what might well be the stiffest challenge yet to workers’ rights at a time when the focus among those entities, both local and foreign, involved in the sector will be maximizing their returns from the industry.

GPL building on Main street

Upgraded electricity for manufacturing standout undertaking in President’s New Year message

With the advent of the production of oil now set to place Guyana on a significantly improved footing in terms of the availability of resources to strengthen the country’s economic sectors, President David Granger has said that this year, if re-elected, government will be moving to ease the woes of the country’s manufacturing sector by providing it with an improved level of reliability in the electricity sector and the expansion of generation of electricity from sustainable sources.

A satellite image of the Bateman's Bay shows smoke and fire from wild bushfires in Australia, Dec 31, 2019.
European Union Copernicus Sentinel Data via Reuters

Australians flee massive bushfires as new fire threat looms

BATEMAN’S BAY, Australia/Sydney (Reuters) – The Australian navy yesterday began the evacuations of some of the thousands of people stranded on the east coast of the fire-ravaged country as a searing weather front was set to whip up more blazes across the states of Victoria and New South Wales (NSW).

Playing catch up: The poor still lag way behind

In the 2010’s, rich grew phenomenally richer

While the 2010’s will be remembered as the decade in which the global 1% of humanity accumulated “unfathomable wealth,” it was, simultaneously, perhaps the best decade yet in terms of poverty alleviation, according to a Brookings Institute survey.

Kitco Market Data

Gold Prices for the three day period ending Thursday Januuary 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

The new Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

West Indies captain, Jason Holder.

Holder rested for Ireland ODIs

ST JOHN’S, Antigua,  CMC – Former One-Day International captain Jason Holder has been rested for the first two ODIs of the three-match series against Ireland starting next week, as selectors move to manage his “heavy workload”.

Preserving Indigenous languages

The odds are that the mass of the population, located as it is on the coastland, paid little attention to the observances in relation to the Inter-national Year of Indigenous Languages, which concluded on December 31, 2019.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 858’s trading results showed consideration of $50,020,929 from 249,961 shares traded in 17 transactions as compared to session 857’s trading results which showed consideration of $3,523,147 from 13,926 shares traded in 10 transactions.