CARIFESTA presents an opportunity to boost heritage tourism

Executive Director of the Tourism and Hospitality Association of Guyana (THAG) Maureen Paul believes that Guyana’s hosting of next year’s Caribbean Festival of Arts (CARIFESTA) provides the tourist industry with an important opportunity to promote the local tourist industry through the Heritage Tours that allow visitors to experience first hand the cultural diversity of the country.

Some local tour operators facing insurance pressures

The ability of local nature resorts to secure potentially lucrative agreements with overseas tour operators that could both boost their earnings and increase the number of visitors to Guyana is being hampered by the reluctance of the insurance industry to grant adequate insurance cover to the resorts, according to information reaching Stabroek Business.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

No respite in war of words over GT&T monopoly

In a move that points unerringly to DIGICEL’s determination to sustain its public criticism of the monopoly on international voice and data traffic held by the Guyana Telephone and Telegraph Company, Chief Executive Officer of the local DIGICEL operations Mark Linehan told media representatives on Tuesday that the monopoly continued to serve as a disincentive to investment in the Guyana economy.

A measure of what we have become

Last Friday Stabroek Business published an article based on an interview with a city businessman in which he expressed a number of views about the role which he believed employees play in robberies committed on business places.

Travel through Timehri “a hassle”…Aviation official

The quality of passenger service by the various service agencies operating out of the Cheddi Jagan International Airport, Timehri is “in urgent need of considerable improvement” if visitor arrivals to Guyana are to increase, according to a local aviation official.

Scrap Metal Association rift deepens Cave removed as Technical Director

What appears to have been a brief internal power struggle for control of the Guyana Scrap Metal Dealers Association (GSMDA) has ended with the removal of Malik Cave as the Association’s Technical Director and the re-election of scrap dealer Percy Cole as Chairman.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Business Editorial

Several months ago the Stabroek Business published a story disclosing, among other things, that a former member of the Board of the Guyana Power and Light Company (GPL) had been fingered in a scam designed to conceal the actual amount of electricity consumption at a city business premises and that a serving member of that Board had moved to have an employee removed from her post because she had instructed that his electricity supply be disconnected for a sizeable unpaid bill.

We mishandled the October 17 flight cancellation -Constellation Tours Country Manager

Stabroek Business has learnt that the Trinidad and Tobago-owned airline charter service Constellation Tours is to pursue the lease of additional aircraft to ply its routes between Georgetown and North America in an effort to avert repetition of last week’s flight cancellation which left more than 100 passengers stranded at the Cheddi Jagan International Airport, Timehri and provoked a sharp official reprimand from Tourism, Industry and Commerce Minister Manniram Prashad.

Standards don’t just happen,, they’re created

The search for quality improvement and efficiency enhancement in the production process in Guyana has seen the application of various programmes provided by the European Com-munity (EU), the Inter American Development Bank (IDB) and other international agencies.

Caring for your Laptop

Generally, laptops are more expensive than their desktop counterparts, more susceptible to damage, and are significantly more expensive to repair.

Stock market updates

GASCI (www.gasci.com/telephone No 223-6175/6) reports that session 225’s trading results showed consideration of $6,682,987 from 536,535 shares traded in 15 transactions as compared to session 224 which showed consideration of $407,900 from 13,100 shares traded in 5 transactions.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Rival CEOs trade words over GT&T monopoly

DIGICEL founder and Chief Executive Officer Dennis O’Brien has launched a strident attack on the monopoly on international telephone calls held by the Guyana Telephone and Telegraph Company, (GT&T) prompting a sharp response from the ATN subsidiary’s Chief Executive Officer Brigadier General (ret’d) Joe Singh.

GUYEXPO

Over time, GuyExpo has established itself as a hugely popular event with the private sector.

Reflecting on the Guyana economy

Over the past year, Guyana has witnessed some remarkable achievements in the economic area – almost 5% growth in 2006; this is expected to remain strong in 2007.

Buying a laptop

As a first time laptop buyer, you may already have some experience on desktop computers.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

GT&T pushing ahead with rural remote radio telephone service

The ongoing programme by the Guyana Telephone and Telegraph Company (GT&T) to provide remote rural communities with radio telephone services is creating a significant transformation in the lives of residents of those communities, according to Allison Parker, the Company’s Public Relations Officer.

Editorial

Although the Guyana Small Business Associa-tion (GSBA) deserves a measure of credit for putting together the recent forum at which the President of the Small Enterprising Business Association (SEBA) of Trinidad and Tobago Jonathan Adams made an enlightening presentation on the role that small business plays in that country, the fact that the forum attracted no more than a handful of people, many of whom cannot be described as small business owners in the true sense of the word, was a disappointment.

Guyana – The Green Anchor

Given this is Agriculture month; I thought it appropriate to re-address a topic I have discussed many times in this column, that Guyana has the capacity as a nation to feed the entire region.

GT&T’s corporate conscience targeting financially challenged students, educational institutions -Parker

The Guyana Telephone & Telegraph Company (GT&T) continues to combine its contractual obligation to expanding and modernizing the telecommunications sector infrastructure in Guyana with a corporate commitment to utilizing the technological and other resources at its disposal to improve the quality of education in Guyana, according to Allison Parker, the company’s Public Rela-tions Officer.

Caribbean can take little comfort from faltering US ethanol market

Even as Caribbean countries contemplate the likely future impact of ethanol on their predominantly oil-importing economies, the United States may already be pondering the fate of the fuel which just recently was being regarded as a solution to any future global oil crisis.

Against Difficult Odds: Women in Business in Guyana

Business and entrepreneurial pursuits have always been viewed as belonging to the exclusive purview of men, while women were relegated to the “domestic track.” Those women who did manage to find jobs and start their own businesses found that the barriers erected to prevent them from succeeding were much higher than that of their male counterparts.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

UN-designed business support forum to host October 10 – 11 Workshop on marketing in the US

Managing Director of EMPRETEC – Guyana Judy Semple-Joseph has told Stabroek Business that the organization’s October 10- 11, 2007 Marketing Practice Workshop seeks to provide a unique opportunity for small and medium-sized enterprises in Guyana to build marketing bridges with the region and with the United States and to enhance the marketing prospects of those enterprises where such prospects already exist.

Maritime boundary ruling

As Guyanese and Surinamese both contemplate the implications of the award that has effectively settled the long-standing maritime dispute between the two South American Republics, officials in both George-town and Paramaribo appear optimistic that the demarcation of the maritime jurisdiction of the two countries significantly enhances their respective prospects of economically significant oil finds.

Marketing Guyana’s agricultural potential in the region

The news that Guyana’s prospects of a commercially viable oil find may have risen in the wake of the International Tribunal on the Law of the Sea (ITLOS) arbitral award in Guyana’s maritime dispute with Suriname passed with little public fanfare here.