Daily Archive: Friday, December 25, 2020

Articles published on Friday, December 25, 2020

Tony Yassin

NICIL wins US$2M judgment over Guyana Stores sale

Acting Chief Justice Roxane George has awarded a US$2 million judgment to the government holding company, the National Industrial and Commercial Investments Limited (NICIL), in a lawsuit that was initiated to secure the outstanding balance for the acquisition of Guyana Stores Limited just over a decade ago by the Tony Yassin-led Royal Investments Incorporated (RI). 

104 new COVID-19 tests reveal eight more cases

Eight new COVID-19 cases were yesterday recorded after just over 100 new tests were conducted, according to the Ministry of Health’s COVID-19 Dashboard  The Dashboard also indicates that the eight new cases have increased Guyana’s total number of confirmed cases to 6,266.

Petronas operation offshore Suriname

As the world watches… Guyana and Suriname seek collaboration in pursuit of oil fortunes

If neighbouring Suriname may not have altogether stolen the international spotlight from Guyana in the oil & gas industry on account of its own significant discoveries, it has done an impressive job of grabbing a sizeable share of global attention for itself as an influential player in South America’s new-found position as the hemisphere’s most lucrative hydrocarbon hunting ground.

The Infectious Disease Hospital at Liliendaal

Guyana gets US$30.4M IDB COVID-19 crisis response loan

A US$30.4 million Inter-American Development Bank (IDB) loan recently extended to Guyana is intended to add weight to the country’s efforts to seek to maintain minimum levels of quality of life for vulnerable persons amidst the welfare-related pressures brought about by the COVID-19 pandemic.

Nikesha Punch

Nikesha’s Punchline Soaps

Nikesha Punch is one of those scores of emerging local creative souls in the Guyana manufacturing sector whose opportunities to ‘parade’ their products on the local market, are these days, constrained by the persistence of the COVID-19 pandemic. 

Government Analyst Food and Drug Department Laboratory

Food vendors an important line of defence in COVID-19 battle – GA-FDD’s Cole

As the international community continues to be preoccupied with pushing back the scourge of the dreaded COVID-19 global pandemic, the local food service industry could be a critical cog in the wheel of limiting the further spread of the virus locally, Director of the Government Analyst-Food & Drugs Department (GA-FDD) Dr Marlon Cole, told the Stabroek Business earlier this week.

Regional creative entities get CDB COVID-19 relief

The advent of the COVID-19 pandemic and the attendant additional strain that it has placed on the resources of the Caribbean Development Bank (CDB) has not diminished the enthusiasm of the regional institution for throwing its support behind creative pursuits in the Caribbean.

Kitco Market Data

Gold Prices for the three day period ending Thursday December 24, 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

It can’t be Christmas ‘as usual’

While the appeal by the President of the Tourism & Hospitality Association of Guyana (THAG), Mitra Ramkumar, for a reopening of the various entertainment spots was entirely predictable, even understandable, the point cannot be made too strongly that such consideration as is given to THAG’s appeal must be set against the objective conditions that obtain, that is to say, those conditions that have to do with the circumstance of the pandemic and the threat that it continues to pose, on the one hand and on the other, the situation in which the entertainment sector finds itself.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 894’s trading results showed consideration of $10,785,489 from 109,563 shares traded in 28 transactions as compared to session 893’s trading results which showed consideration of $58,269,672 from 662,937 shares traded in 26 transactions.

Christmas virus

This is a strange Christmas.  It probably doesn’t have any equivalent since the 1918-20 ͗flu pandemic which killed millions of people worldwide and took a heavy toll in Guyana as well.