Business

Didier Trebucq
Didier Trebucq

Coronavirus: Caribbean `staggering’

Already having dealt a devastating blow to the tourism and service sectors across the region, adversely impacting the mainly small and open economies, the impact of the coronavirus has left the countries of the Caribbean “staggering”, according to United Nations Resident Coordinator for Barbados and the Eastern Caribbean, Didier Trebucq.

Putting Guyana first

It would, one expects, not have been lost on the leaders of this nation and on the nation as a whole that the absence of an officially declared outcome to the March 2 general elections up to this time and the onset of the coronavirus are the two priority concerns and that the well-being of the country in all of its various respects is dependent on the satisfactory handling and the outcomes of both issues.

Kitco Market Data

Gold Prices for the three day period ending Thursday April 09, 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Coronavirus triggers FAO ‘wild meat’ warning

A warning from the Food & Agriculture Organization (FAO) about the consumption of “wild meat” in the face of the global coronavirus pandemic outbreak could compel large numbers of Guyanese to set that particular preference aside at least for as long as the virus persists.

School children at Lethem ‘lunching’ courtesy of the local school feeding programme

Schools’ closure should not halt delivery of meals – FAO

With the halt of the Food and Agriculture Organization (FAO)-supported school meals programme for children in Latin America and the Carib-bean, the UN organisation wants regional governments to implement measures to support schoolchildren whose families “have greater difficulties in accessing food,” and ensure that children’s access to nutritious food is maintained, in the current conditions of emergency associated with the global coronavirus pandemic.

Russia’s oil giant Rosneft’s Venezuela inventory moved into state hands

In what has become a full-blown ‘chess game’ between the US administration and the government of Venezuelan President Nicholas Maduro, as Washington persists in its exertion of pressures in an effort to force the collapse of the ruling administration in Caracas, the Russian oil giant Rosneft PJSC has hastily sold its assets in Venezuela to the Russian government in order to evade US sanctions that continue to be imposed on external entities still doing business with the government in Caracas.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday April 2, 2020

Market prices

*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.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 871’s trading results showed consideration of $7,698,040 from 36,714 shares traded in 12 transactions as compared to session 870’s trading results which showed consideration of $1,524,037 from 16,604 shares traded in 8 transactions.

Improving SMEs’ access to support from local Business Support Organisations

Notwithstanding the fact that small and micro enterprises (SMEs) play an important role in the economic life of most countries, particularly in the instances of developing countries like Guyana, the history of the Business Support Organisations (BSO) in Guyana which includes the Private Sector Commission (PSC), has not, as a matter of policy, reflected in their pursuits, a commitment to providing sustained support for what we in Guyana deem to be small and micro enterprises.

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