Daily Archive: Friday, February 9, 2024

Articles published on Friday, February 9, 2024

NCB Chief Executive Officer
Angus Young

“When it comes to doing business, Guyana is the place to be”

What is now globally acknowledged to be Guyana’s vast oil wealth and the potential that this holds as a global magnet for lucrative significant external investment in the country’s economy has become the subject of energetic discourses at local business fora as well as at regional and international gatherings where, for expanding businesses, investment opportunities is a high priority.

Officers at the conference (Office of the President photo)

Tech upgrade to be a key GDF focus

From its $42b allocation from the  country’s $1.146 trillion budget, the Guyana Defence Force (GDF) will not only focus on military hardware but there will also be greater emphasis on technological enhancements and human resource development, Commander-in-Chief of the Armed Forces, President Irfaan Ali yesterday said.

The waterlogged Conaree Cricket Ground which is hosting the Guyana Harpy Eagles vs Trinidad & Tobago Red Force game. (Photo: Cricket 360)

Rain prevails on day 2 of Harpy Eagles vs Red Force

After the Trinidad and Tobago Red Force batsmen, led by Jason Mohamed’s marathon 100 not out made the Guyana Harpy Eagles bowlers sweat on day one, persistent showers of rain prevented any further action on day two of their first round encounter in the West Indies Four-Day Championship.

The Lady Jaguars

Lady Jags local cadre departs today for LA training camp

Guyana Football Federation Technical Director Bryan Joseph has confirmed that the locally based contingent of the Lady Jaguars senior programme will depart local shores today for a five-day training camp in Los Angeles, California, in preparation for their CONCACAF W Gold Cup preliminary fixture against the Dominican Republic.

Body of miner pulled from Puruni River

Police are investigating the suspected drowning of Alexander Angoy, a 31-year-old miner of Diamond Housing Scheme, EBD, which occurred at about 19:07 hrs on Monday evening at Chinese Creek backdam, Puruni River, in Region Seven.

Stock Market

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1057’s trading results showed consideration of $28,841,713 from 78,248 shares traded in 50 transactions as compared to session 1056’s trading results, which showed consideration of $11,207,570 from 68,485 shares traded in 28 transactions.

Addressing the priorities

Less than a decade after Guyana announced its first significant oil strike to the world in 2015, the country has become used to parading itself in the global petro spotlight, the knock-on effect of its credentials having a significant impact on various other aspects of its socio-economic behaviours.

Barbados Central Bank building

Barbados economy in 2023

On Wednesday 31 January 2024, Barbados Central Bank Governor Dr. Kevin Greenidge delivered the Bank’s review of Barbados’ economic performance for the period January to December 2023.

Slow economic growth in the Caribbean this year

The Chief Executive Officer of NCB Capital Markets, Jamaica, Angus Young is predicting “slow 2024 economic growth in the Caribbean” this year, a likely circumstance which he attributes to various factors “such as struggling external demands, booming oil sectors, and historically low unemployment” according to a release from the entity.

Slingerz FC

Pollard resigns as Slingerz FC head coach

Former Golden Jaguars international Charles ‘Lily’ Pollard has confirmed his resignation as the head coach of West Demerara powerhouse Slingerz FC, disclosing that the decision to part ways was based on the belief that he had lost the dressing room.