Daily Archive: Friday, February 10, 2023

Articles published on Friday, February 10, 2023

Herstelling family charged with laundering $4.1b

Almost three years of investigations by the Special Organized Crime Unit (SOCU) came to an end this week when a Herstelling, East Bank Demerara (EBD) businessman and his reputed wife were charged for allegedly laundering billions and transferring large sums to 22 companies in China.

President Ali and PM Mottley visiting the site of the regional Food Security Terminal

Region on track for food security terminal

Barbados Prime Minister Mia Mottley has gone on record as saying that the current ongoing creation of a regional food terminal on that island could go a long way towards realizing the key regional objective of reducing extra-regional food imports by 25% by 2025.

Whither agro-processing

One of the important lessons that we surely ought to have learnt about the agro-processing sector is that despite the still limited merited attention that it enjoys in terms of official support for its growth and development, its role in transforming what we in Guyana refer to as ‘hustlers’ into substantive businesspersons cannot be swept aside.

The route of the onshore gas pipeline

Exxon says not making profit on gas-to-shore pipeline

ExxonMobil will be selling the 50 million cubic feet of gas per day it brings onshore to either the government or the private sector company that will distribute the power at the Wales gas-to-shore plant, only to recover its capital for the pipeline infrastructure, Country Manager Alistair Routledge yesterday said.

Rice and climate change

Rice farmers from Regions Two, Three, Five and Six met Agriculture Minister Zulfikar Mustapha on Wednesday to discuss the problems they were facing in the industry.

I would point blank refuse to be examined by Hughes

Dear Editor, I find it quite extraordinary that the Commission of Inquiry into the March 2020 General and Regional Elections has agreed to allow the Attorney-at-Law, Nigel Hughes, representing former Deputy Chief Election Officer, Roxanne Myers, to cross examine witnesses who have volunteered to come before the Inquiry who have named Myers for the part she played, when Myers herself has declined to give evidence before the Commission.

Vision 25×2025: We’re moving?

The recent disclosure by CARICOM that the region has collectively reached 57% of the 25×2025 extra-regional food import reduction target would almost certainly have come as a surprise, perhaps even a shock, to the people of the Caribbean.

Veerasammy Permaul

Batting collapse sees Eagles fall behind

Despite taking just two overs to remove the Windward Islands Volcanoes’ remaining two wickets, by close of play on day two of the West Indies four-day championship, they were batting once again as Guyana Harpy Eagles suffered a batting collapse.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1005’s trading results showed consideration of $11,689,359 from 29,836 shares traded in 23 transactions as compared to session 1004’s trading results, which showed consideration of $17,945,627 from 66,443 shares traded in 19 transactions.