Guyanese women agro-processors, craft producer for St Vincent event

Unrelenting in their search for regional and extra-regional markets for the ever-increasing range of ago-produce being churned out in places ranging from domestic kitchens to makeshift factories, five local agro-processors and a craft producer are preparing to travel to St.

Royal Chicken multi-million dollar brand going places

Feed production plant, tunnel rearing on the cards

If you mention the brand Royal Chicken in a conversation about the local poultry industry you will probably not get the kind of knee jerk response that some other brands elicit.

Street-vended foods and their safety risks: Protecting the vulnerable

With street-vended foods at least equaling restaurant-prepared and home-cooked food in their popularity in Guyana and elsewhere, they have, understandably, become associated with significant health risks arising out of the sheer frequency of their consumption in circumstances where their food-safety ‘credentials’ are, for the most part, unknown.  

Canada launch of legal marijuana leaves Caribbean at starting line

As of Wednesday, Canada, not known traditionally for a liberal official policy on drugs, launched its own legal marijuana marketplace marking what a Jamaica Gleaner article calls “a profound social shift” though the article argues that what has pushed Canada in this direction is a “fervent desire to rein in an unregulated and continually growing black market for the widely popular substance and to bring it into a regulated tax system.” The move is even more significant when account is taken of the fact that by placing a tag of legalization of the commercialization of marijuana, Canada outflanks its historically more liberal neighbour, the United States, where still only some states allow recreational and medicinal use of marijuana among people aged 21 and older.

Kitco Market Data

Kitco Market Data Gold Prices for the three-day period ending Thursday October 18, 2018

Market prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)   *Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

The Berbice Bridge toll

The legitimacy or otherwise of the adjusted toll rates recently announced for the Berbice Bridge aside, there are, as every rational thinking person would agree, other considerations which are at least of comparable importance.

Food & Drug Dep’t virtually helpless in face of global ‘drugs cheats’ – source

Corruption driven by multi-billion million dollar global fake drugs industry

While the recently announced ‘new rules’ setting out conditionalities for the importation of drugs into Guyana, including the stipulation that the labels be printed in English may be well-intentioned, they are likely to have very little effect unless the Government Analyst-Food & Drug Department (GAFDD) is given “both the authority and the tools” to ensure that the news rules are “rigidly enforced, an experienced local Hospital Administrator has told the Stabroek Business.  

Déjà Vu? City’s $150M debt could see withdrawal of garbage disposal services

The capital’s two biggest waste disposal companies, Cevons Waste Management and Puran Brothers appear poised to take steps to press City Hall into making good on payments due to the two companies for services provided earlier this year, the debt now having reached a figure well in excess of $150 million dollars since government’s intervention last year to liquidate the more than $300 million owing to the two companies up to that time.

STEM Guyana seeking diaspora, private sector support for new “Reading and Robotics” initiative

STEM Guyana and its partners have launched a nationwide Reading and Robotics programme in order encourage students   to   read   more,   while creating   opportunities   for   them   to   learn   about   robotics,   coding   and   Mathematics, and Chairperson of STEM Guyana Karen Abrams has said that support from the diaspora and the business community will be critical for its success. 

Corporate Supplies, Print Smart and the business acumen of Derron Adams

If you look hard enough and for all the ‘tough times’ associated with doing business in Linden there are still a number of micro and small businesses run by proprietors who simply refuse to ‘throw in the towel.’ They have grown used to the peaks and troughs associated with entrepreneurship in a township that has had to readjust from an economic culture centred around wage labour.

Green Expo to promote economic diversification

The planned inaugural Green Guyana Expo and International Small Business Summit is being touted as a demonstration of Guyana’s plan to promote economic diversification using oil revenues.

Market Prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)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 (www.gasci.com/telephone Nº 223-6175/6) reports that session 794’s trading results showed consideration of $10,293,428 from 141,832 shares traded in 17 transactions as compared to session 793’s trading results which showed consideration of $32,677,425 from 213,163 shares traded in 12 transactions.

Giving impetus to gov’t-private sector ties

Against the backdrop of the frustrating ‘on-off’ relationship that has obtained between government and the private sector for many years, one has every right to wonder aloud as to precisely how we should interpret the recent media release from the Private Sector Commission (PSC) arising out of its meeting with President David Granger.

BACIF: Still driven by the virtues of innovation and resilience

When President David Granger visited the Ruimveldt operations of the Brass Aluminium and Cast Iron Foundry more than a year ago he made a point of underscoring the importance of innovation in industry in pursuit of adapting to the needs of the Guyanese economy.

How Offshore Drilling Works

By Berry Dann, Julianna Dietz, and Sarah Ward The Ocean Foundation With 2020 and ‘first oil’ on the horizon the Stabroek Business seeks to provide readers with insights into aspects of the sector and its operations including issues relating to the processes and risks associated with the recovery process.

Jamaica’s Financial Investigations Division seeking greater autonomy

Jamaica’s sixteen-year-old Financial Investigations Division (FID), a department created within the country’s Ministry of Finance to track and expose financial misdeeds within state agencies is reporting “quiet success” in its pursuits, a circumstance that strengthens the case being made for it to have greater independence, budgetary and human resources capacity and autonomy, according to a recent report in the Jamaica Gleaner.

Market prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)

Kitco Market Data

Kitco Market Data Gold Prices for the three day period ending Thursday October 4, 2018

Linden Enterprise Network, Chamber rolling with ‘mining town’s economic tide

-only two significant businesses opened this past year

It’s difficult not to see Linden as a community still struggling to recuperate from the protracted effects of the decline of an industry upon which the community had, for decades, depended far too thoroughly on and aside from which there has not, at least as yet, been found a feasible option.

Report on GuyTIE keenly awaited

-will provide insight on state of local goods and services

The curtains came down on the first ever Guyana Trade and Investment Exhibition (GuyTIE) at the Marriott Hotel in Kingston on Saturday but the outcome of the event intended to provide some indication of the competitiveness of the goods and services being offered here will have to await an assessment that goes beyond the speculative outcomes being proffered at this stage.

Kitco Market Data

Gold Prices for the three day period ending Thursday september 27, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service) 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.

Valuing agriculture

A few days ago the Guyana Marketing Corporation (GMC) issued a media release that made a few instructive points about aspects of the country’s agricultural sector including its potential to increase its market share for fruits and vegetables on the regional and international markets and the constraints that inhibit the realization of that objective.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 792’s trading results showed consideration of $3,235,435 from 35,096 shares traded in 10 transactions as compared to session 791’s trading results which showed consideration of $1,777,273 from 21,805 shares traded in 14 transactions.

Women-run small businesses take the ‘big stage’ at GUYTIE

Originally conceptualized as a forum intended primarily to expose local “export ready” business houses to foreign potential buyers, this week’s Guyana Trade and Investment Exhibition (GUYTIE) which commenced on Wednesday at the Marriott Hotel and concludes tomorrow ‘went back on its word,’ including eight small, women-run enterprises that do not, at this stage, meet most of the ‘export ready’ criteria for participation, set by the organizers, in what is seen locally as the country’s first ever big-stage business-to-business event that puts local and foreign enterprises together primarily in yet another effort to boost international market access for local products.