Business

A University of the West Indies lecturer with whom the Stabroek Business spoke with last week whilst viewing an indigenous culinary and craft display on Main Street Avenue made the point that up until now Guyana had failed, “and signally so,” to properly embrace what he described as “valuable” indigenous skills and creativity to bear within the country’s entrepreneurial mainstream.

It is becoming increasingly apparent that skilled indigenous craftsmen and women are seeking to extend their ambitions beyond simply parading their talents to provide coastal admirers with access to their work through seasonal bazaars at absurdly ‘knocked down’ prices. 

About a week ago, sections of the regional media delivered news that the Assistant Director General and Regional Representative for Latin America and the Caribbean for the Food and Agriculture Organization (FAO), had addressed the opening function of the “High-Level Agricultural Ministerial Meeting” held in Kingston, Jamaica on September 18.

Engaging craftsmen and women above the din of the music blaring from speakers mounted on a giant truck on Main Street last Saturday evening felt, at times, like ‘sheer torture.’

Preparations are in full swing for 17th staging of the Caribbean Week of Agriculture (CWA), the Caribbean Region’s premier agricultural event, in The Bahamas, 9 -13 October 2023.

Washington, having been instrumental in deploying mostly sanctions to degrade Venezuela’s oil and gas industry, the administration of United States’ President Joe Biden appears to be mindful that it does not preside over the complete collapse of the energy sector of the country believed to possess the asingle largest volume of oil reserves anywhere in the world.

The earliest public disclosure on Guyana’s first confirmed oil ‘strike’ by ExxonMobil back in 2015, was, without question, one of the most significant pieces of public information to be disseminated to Guyanese in the country’s history.

The constantly enhancing petro profiles of Guyana and Suriname continues to impact positively on the international attention which the two countries, regarded up until recently as being among the forgotten territories in South America, are now attracting in global oil and gas circles.

With due respect to what, these days, appears to be a preference in the Caribbean for endless ‘sit downs’ on the issue of regional food security, the point where the outcomes of these fora goes nowhere has long been reached.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1038’s trading results showed consideration of $4,569,575 from 10,602 shares traded in 23 transactions as compared to session 1037’s trading results, which showed consideration of $40,763,815 from 151,387 shares traded in 20 transactions.

Less than a week after the Stabroek Business had published a story alluding to Suriname falling behind Guyana in what had been seen for some time as a race between the two countries for first oil, (Suriname’s ‘delayed’ oil breakthrough delaying bilateral ambitions with neighbouring Guyana – Stabroek Business Friday September 15, 203), the French oil company brought the country the ‘good tidings’ that it is on the verge of commencing what another media report has described as “development studies for a large oil project offshore the country” which is scheduled to commence before year end and which it says is expected to position the country for first production in 2028.

Feedback realised by the Stabroek Business from frequent interaction with local agro-processors point to what they believe is a lack of structured official support for opening avenues that would allow for greater access to markets both in the region and beyond.

A recent United Nations ‘Stocktake Report’ that seeks to measure the extent to which countries have been progressing with embracing behavioural change in pursuit of a more resolute response to the climate change challenge threat would appear to be seeking a more robust effort from societies to make adjustments to their ways of producing and consuming energy, travel, work and food production.

The successive ‘shock’ food security scares that have swept across the Caribbean over the past two years as part of a more global food availability crisis has compelled regional ‘experts’ and sections of the media to pay closer attention to the performances of the region’s agriculture and agro-processing sectors as part of a more holistic understanding regarding the evolving condition of our food security bona fides.

Many months of contemplation regarding the restoration of what had been, almost certainly, the most popular bakery on the lower East Coast Demerara, has finally brought the establishment’s twenty-nine-year-old proprietor, Treon Sobers, to a place where he has finally decided to take the plunge.

The local, privately run Human Resources institution, the JTW Training Institute will stage its third Human Resource Conference for 2023 , its aim being to focus national attention on the desirability of ventilating and seeking solutions to workplace issues On Friday October 29, seeking in the course of the exercise to focus attention on ventilating workplace issues that have a bearing on the health and wellness of workers.

By Rawle Lucas All that glitters is not gold is an aphorism that appeared in Shakespeare’s Merchant of Venice.

(Trinidad Guardian) President of the Aranguez United Farmers’ Association Pundit Satyanand Maharaj is warning consumers to brace for higher prices due to extreme heat, which is hurting crops.