Giftland boss wants ‘full disclosure’ on MovieTowne duty-free concessions

Amidst reports of complaints from Trinidad and Tobago businessman Derek Chin that the launch of the US$45 million MovieTowne Leisure and Entertainment Complex at Turkeyen has suffered delays on account of various government-erected bureaucratic hurdles,   including delays in the clearance of containers for which duty-free concessions were granted, Chairman of the rival Giftland Group Roy Beepat is again seeking information as to “what concessions and facilities were granted” to MovieTowne.

Emporium Investments aiming at new standards ethic in construction sector

Karni Paton and Sean Thompson, the husband and wife team that has established the Emporium Investments Bureau Inc in Guyana are seeking to, among other things, infuse an enhanced work ethic into the local construction sector, prepared, they say, to back their confidence in their ability to turn things around by offering extended warranties on the structures they deliver to their clients.

Jamaica moving to curb politicisation of state Boards

With governments in the region plagued by the practice of packing the Boards of state-run entities with their favoured political appointees, the present administration in Jamaica is moving to table regulations in the country’s National Assembly that will effectively de-politicise the Boards of public-sector bodies by, among other things, ensuring that a third of those appointed by a previous Minister or administration be carried over to a new Board.  

‘Greening’ looming larger in gold mining sectoral training

- June 21-22 forum addressing low cost alternatives to mercury

Global sectoral pressures associated with raising the safe-mining bar in the gold extraction sector is focusing increasingly on the role of the Guyana Geology & Mines Commission’s (GGMC) Mining School, according to the Head of the institution John Applewhite-Hercules. 

Kitco Market Data

Kitco Market Data Gold Prices for the three day period ending Thursday June 14, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Politics and public/private sector relations

Relations between the public and private sectors in the economic sphere are generally considered – and justifiably so – to be essential to Guyana’s economic health, the reason being that while it is government that creates and provides the policy framework within which the private sector functions, it is the private sector by investing in economic initiatives that makes critical goods and services available, paying taxes and creating jobs that are, in fact, the engine of growth. 

Legacy projects must flow from extraction of non-renewables by foreign investors – Gouveia

Foreign investments in sectors that significantly exploit Guyana’s non-renewable resources should, “as a matter of course,” leave behind Guyana’s significant “legacy projects” that provide some measure of meaningful compensation for the fact that what they take away are wasting resources from which the country cannot hope to benefit again, a senior private sector functionary has told the Stabroek Business.

Critchlow Labour College working with T&T companies on Oil and Gas Academy

-MOU already signed

Having long established itself as a significant contributor to tertiary education in Guyana, the Critchlow Labour College is seeking to embrace the demand for training in the various disciplines associated with the country’s emerging oil and gas industry to rebuild its reputation as a major contributor to education delivery in Guyana.  

Kitco Market Data

Gold Prices for the three day period ending Thursday June 7, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Stock market updates

GASCI ( Nº 223-6175/6) reports that session 776’s trading results showed consideration of $15,388,834 from 248,679 shares traded in 24 transactions as compared to session 775’s trading results which showed consideration of $5,712,760 from 28,110 shares traded in 6 transactions.

The agro processing sector: Seizing the moment

The Stabroek Business has, in recent weeks, focused a considerable amount of editorial attention on the collaborative efforts involving government, the Guyana Manufacturing & Services Association (GMSA) and the agro processing sector, through initiatives like the UncappeD events and the lobbying efforts taking place at the level of exchanges between GMSA and government officials.