Low cost diplomacy, high price gains
Fertile Ground For many years now China has maintained a relationship with developing countries through its bilateral and multilateral diplomacy.
Fertile Ground For many years now China has maintained a relationship with developing countries through its bilateral and multilateral diplomacy.
No effort The disclosure on migration emerging from the Wikileaks cable appearing in the daily newspapers might well explain the lack of urgency on the part of the current administration to create the conditions for faster private sector jobs in Guyana.
Unilateral Sometime this year, the PPP/C administration will unilaterally pass a Telecommunications Bill that will see a change in the size, structure and management of the information and communications sector.
Appearance While income in the construction and engineering sector of the Guyana economy has been growing at the rate of 12 percent per annum over the last five years, there is an increasing lack of attention to a critical aspect of Guyana’s infrastructure.
Budding Relationship In this the third discussion about the village of Victoria, one of the many rural communities facing grave economic and social challenges, an effort is made to highlight a few issues aimed at promoting and solidifying its development.
Village Conditions The village of Victoria, located about 18 miles from Georgetown, has begun preparations for hosting the second Indaba (conference) in an effort to take control of its economic future and to bring greater economic and financial success to its residents.
Aggressive Spending In articulating the national competitive strategy, there is no doubt that a major focus of the administration was expanding the export activity of Guyana.
Attractive Prices At the time of writing this article, the price of gold had jumped by US$17 to reach US$1,531 from its closing price of Tuesday.
Pride One year ago, the people of Victoria convened their first Indaba (conference) to confront the economic plight and dim development shadow that hovers over the village.
Legal Jeopardy One of the busiest market places in Guyana is the cambio, where foreign currency is bought and sold daily.
Exemption Everyone likes to receive good news and Guyanese might believe that they got some in the 2011 budget.
Normal Tendency Not since 1999 has the index of departures from Guyana risen to such noticeable heights.
Oddity The Stabroek News of April 18, 2011 contains a comment on the performance of the sugar industry that was attributed to Mr.
Economic Independence No fireworks have been set off. No carnival parties are taking place.
Happy Not too long from now Sterling Products Limited (SPL) will convene its Fifty-Sixth Annual General meeting to consider the performance of the company in 2010 and deliberate on plans perhaps already underway for 2011.
Sale The Guyana Telephone and Telegraph Company, generally referred to as GT&T, was formed in 1991 after the Government of Guyana under the late President Desmond Hoyte sold an 80 per cent share of the state-owned entity Guyana Telecommunications Corporation (GTC) to Atlantic Tele-Network, or ATN.
Favours As noted before, the service sector is a significant part of the Guyana economy and construction occupies a prominent portion of that sector.
(Part 1) Services At 63 percent, the service sector is responsible for the biggest share of income of the Guyana economy.
Lagging The Guyana Marketing Corpo-ration was rejiggered. The Nation-al Agricultural Research Institute is to be reconfigured.
Tax act In presenting the 2011 budget, the administration informed the country that it was reducing the tax rates that were applied to the income of commercial and non-commercial companies doing business in Guyana.
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