Daily Archive: Friday, March 10, 2023

Articles published on Friday, March 10, 2023

Joint Services `apolitical’ – Bess

The Chairman of the Joint Services, Brigadier Godfrey Bess today said that he wished to remind citizens that irrespective of its ethnic composition the Joint Services “is an apolitical institution and will continue to uphold the noble position of service to the people of Guyana”.

Vice President, Bharrat Jagdeo, meeting with Vice President of India, Hon. Shri Jagdeep Dhankhar

Guyana/India oil deal nearly sealed

As suggested in the Friday March 3 issue of the Stabroek Business, the Governments of Guyana and India would appear to be on the verge of ‘sealing a deal’ that would effectively play a role in calming nerves in the Indian capital, Delhi, over access to oil supplies sufficient to meet the needs of the world’s third largest consumer of oil.

BP deposited US$82.25m in NRF in January

For the first payment for its oil share for 2023 from the agreement with ExxonMobil and partners in the Stabroek Block, Guyana received US$82.25M which will be added to the already US$1.3B in the Natural Resource Fund,  held in a New York Federal Reserve Bank account.

President of ExxonMobil, Guyana, Alistair Routledge

Exxon ‘deep pockets’ giving Berbice state-of-the-art Stadium

Consistent with a historical pattern of leaving behind image-enhancing ‘footprints’ of the philanthropic dimension to its hugely profitable oil-recovery operations in poor countries, ExxonMobil, along with its partners, has ‘kicked off’ the creation of an envisaged $3.7 billion project aimed at delivering to Guyana, a stadium built “to International Cricket Council (ICC) standards,” a showpiece undertaking that targets the transformation of the country into a magnet for major international sports and general entertainment events to go along with the country’s envisaged image as a petro power.

Omkaar Sharma (right) with Minister of Agriculture Zulfikar Mustapha with samples of the paneer.  (DPI photo)

Amaya plant producing paneer

Founder of the Amaya Milk Plant, Omkaar Sharma visited Agriculture Minister, Zulfikar Mustapha at his office yesterday and presented him with a sample of paneer, a release from the Department of Public Information said.

Barbados Chief Agricultural Officer Keeley Holder

Barbados focused on delivering regional food terminal

Perhaps surprisingly, the staging of Barbados’ highly anticipated Agro Fest in February saw no update of the widely anticipated Regional Food Terminal even though the March 4 issue of the Barbados Today’s report on comments made by a senior Barbadian government official on aspects of the keenly anticipated project may more than suffice for the mission.

MYO defeats DCC by 38 runs

Muslim Youth Organization (MYO) defeated Demerara Cricket Club (DCC) by 38 runs in the Georgetown Cricket Association/ Atlantic Marine Supplies Incorporated Suzuki motorcycles second division T20 tournament recently.

IDB Lab – Google launch new call for Women STEM Entrepreneurs

WASHINGTON, USA – IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, and its WeXchange platform, which promotes the growth of women entrepreneurs in technology from the region, announce the launch of a new call for applications to connect the most innovative and dynamic women entrepreneurs in STEM (science, technology, engineering, and mathematics) in the region with potential opportunities for access to financing.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1009s trading results showed consideration of $17,695,337 from 56,939 shares traded in 29 transactions as compared to session 1008’s trading results, which showed consideration of $119,812,258 from 182,404 shares traded in 44 transactions.