Business

Widely recognized the world over for its service sector and notably its tourism industry, Barbados will be sticking to the economic model that has worked best for the country over the years, its Minister of Tourism and International Transport Richard Sealey says.

Gold Prices for the three day period ending Thursday September 28, 2017                Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

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

Following on the recent significant breakthrough for the Guyana  rice industry on the Cuba market, economic and trade relations between the two countries are expected to be further concretized with the signing of a Memorandum of Understanding between the Georgetown Chamber of Commerce and Industry (GCCI) and the Cuban Chamber of Commerce.

Local gold mining syndicates are awaiting a commitment in writing from Natural Resources Minister Raphael Trotman which an official of the umbrella body administering the affairs of syndicates says should kick start operations by the groups comprising hundreds of small miners.

A joint public/private sector initiative to realize the setting up of a multi-purpose agro-processing plant in Guyana will be high on the agenda of the second Inter Ministerial Roundtable discourses between government and the Guyana Manufacturing and Services Association (GMSA), Stabroek Business has been informed.

By Raymond F. Trotz ITC Liaison, Guyana: Coconut Industry Development for the Caribbean (CIDC)   It has been almost a year since the staging of Guyana’s first Coconut Festival and there have been many queries on its outcome and possible repetition.

At least thirty young Guyanese from various local communities will shortly be experiencing a novel learning opportunity designed to equip them with skills that will open up possible employment opportunities in the country’s mining and oil and gas sectors.

Even as Guyana becomes increasingly preoccupied with the 2020 timetable for the commencement of oil and gas recovery, the ongoing efforts of Trinidad and Tobago to diversify its economy away from the fossil fuel ought to be an object lesson for the new kid on the block as far as the fossil fuel sector is concerned.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 739’s trading results showed consideration of $1,807,000 from 51,200 shares traded in 5 transactions as compared to session 738’s trading results, which showed consideration of $345,800 from 12,700 shares traded in 2 transactions. 

GASCI Summary of Financials Session 739 September 18, 2017

Gold Prices for the three day period ending Thursday September 21, 2017

(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.

STEM Guyana, the local science and technology body which, earlier this year coached a rookie Guyana team to a creditable and entirely unexpected tenth place finish at the first ever Global Robotics Competition in Washington, DC has announced that it will shortly be launching three Science, Technology, Engineering and Mathematics (STEM) Leagues in Guyana.

Arising out of an aggressive lobby by small miners some of whom complained of being hostage to a regime of exploitative landlordism under which they were compelled to mine gold on lands controlled by the ‘big players’, we have witnessed, recently, the emergence of Mining Syndicates, essentially cooperatives that bring together groups of small miners to ‘work’ areas of land allocated to them by the Guyana Geology & Mines Commission.

-GuyExpo not on this year The Guyana Manufacturing and Services Association (GMSA) is teaming with government in the latest high-profile initiative designed to invigorate demand for locally produced agro-processed goods, much of which have continued to play second fiddle to imported products on local supermarket shelves, various previous initiatives to boost demand, notwithstanding.

Almost four years after the then President of Guyana, Donald Ramotar, launched the Small Business Bureau at the International Convention Centre in October 2013, the state-run small business support agency is yet to place a comprehensive report on its stewardship.

Rayburn Jones is one of a community of farmers plying their trade at Mocha on the East Bank of Demerara without the sort of high-profile publicity usually associated with farming in some of Guyana’s more prominent agricultural communities.