What engine of growth?

Not for the first time in recent weeks the Stabroek Business is commenting on what it perceives to be a strained relationship between government and the private sector and what is widely believed to be the need for a meeting between the two sides.

Gouveia says high quality international airline service needed

– US flights to be boosted by pact with Aruba Airlines

The May 2013 cessation of the Delta Airlines passenger service to Guyana based on what the airline had said was the “poor performance of the route” was a blow from which Guyana continues to find it difficult to recover, Chief Executive Officer of Roraima Airways Inc Gerry Gouveia has told Stabroek Business.

West Indian in the woods

By Karen Abrams        When my daughter who attends school in Palo Alto, California called me to say she was homesick and she missed the usual Guyanese food treats I knew it was time to reach out to my friends, online retailer West Indian in The Woods.

Local robotics novices preparing to engage overseas high fliers in Washington competition

“These young people will create the companies of the future in Guyana” – STEM-Guyana Coordinator Karen Abrams

The initiators of STEM-Guyana are currently preoccupied with a new pursuit that involves pitting an ambitious but inexperienced ten-member team from Guyana against experienced and highly talented international opponents in an international robotics competition in Washington DC in July this year.

Jamaica to host first regional ‘Angel Investor Forum’ next month

LINK-Caribbean, an investment facilitation project designed to position startup regional businesses to attract capital from private investors, particularly so-called business angel investors will host the region’s first Caribbean Angel Investor Forum in Montego Bay, Jamaica on May 11 and 12, 2017, according to a release from the Barbados-based Caribbean Export Development Agency.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 717’s trading results showed consideration of $6,614,635 from 234,441 shares traded in 13 transactions as compared to session 716’s trading results, which showed consideration of $8,840,485 from 179,273 shares traded in 10 transactions. 

Market Prices

(Prepared by the Guyana Marketing Corporation andpublished 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.

We need to significantly strengthen a weak agro-processing sector

Last week the Stabroek Business  reported on what appeared to us to be a somewhat unusual though not unique increase in the volume of greens, vegetables and fruit on the urban retail market and what appeared to be, at a certain point, a condition in which, even what in most instances were ‘bargain’ prices, supply appeared to outstrip demand.

UG must be worthy of business sector support – VC

– says quality of output has compromised entitlement

The wholehearted support of the business community for the University of Guyana is unlikely to be forthcoming in circumstances where the institution provides little if any meaningful evidence of its worthiness of that support, Vice Chancellor Professor Ivelaw Griffith has said.

Consumers grateful for prolonged vegetable glut

– but weak agro-processing sector gives rise to prospective heavy dumping of excess

The past three weeks or so of prevailing rock-bottom prices for greens and vegetables in local municipal markets attested to the possibilities that obtain in the widely-held view the Guyana can indeed be the food security hub of the Caribbean Community (Caricom).

Georgetown Chamber 2016/17 annual report records 38% growth in membership

– reports improved services to members

At a time when the Georgetown Chamber of Commerce and Industry (GCCI) is seeking to expand its services to members, the organization is experiencing, “significant growth in membership,” immediate past president of the business support organization Vishnu Doerga has said..

Government engaging geological consultant to help locate gold deposits

The Ministry of Natural Resources is seeking to enhance its technical capacity to maximise returns from the country’s gold-mining industry whilst improving the sector’s environmental footprint by engaging the services of internationally-known geologist Professor Richard Goldfarb who is currently on a brief visit to Guyana.

Kitco Market Data

Gold Prices for the three-day period ending Thursday April 13, 2017

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

The University of Guyana and the business community

Based on what he had to say on the issue during a recent lengthy interview for a forthcoming issue of the Guyana Review, it is clear that University of Guyana (UG) Vice Chancellor Professor Ivelaw Griffith believes that the future of the university will be heavily dependent on the quality of the relationship that it can cultivate with the private sector.

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 716’s trading results showed consideration of $8,840,485 from 179,273 shares traded in 10 transactions as compared to session 715’s trading results, which showed consideration of $11,416,955 from 270,360 shares traded in 12 transactions. 

Coastal environmental uncertainties open up new prospects for hinterland agriculture

– NAREI head upbeat about prospects for farmers, investors

Up until now hinterland development may not have featured nearly sufficiently on the agenda of government’s priorities in Guyana, but according to Chief Executive Officer (CEO) of the National Agricul-tural Research and Extension Institute (NAREI) Udho Homenauth, force of circumstances could compel a drastic change in policy direction.

Trotman, Broomes hold discussions with reps of gold mining syndicates

The imminent legitimate allocation on mining lands to groups comprising the newly-formed mining syndicates will represent “an historic landmark” for the sector and “step in the direction of fulfilling the government’s good life promise,” Minister in the Ministry of Natural Resources Simona Broomes has told the Stabroek Business.