Business

Cevon’s lays off dozens of workers

The decision by Cevon’s Waste Manage-ment to lay off dozens of its workers with effect from September 1 was taken “as a matter of last resort” and only after it became clear that there was unlikely to be any immediate-term resolution arising out of City Hall’s mammoth unpaid debt of in excess of $300 million dollars to Cevon’s and Puran Brothers, the two garbage disposal companies that had had a protracted contract with City Hall to provide the service in sections of the capital.

Some of the Products that will be available for sale at Today’s Agro Processors Fair
Some of the Products that will be available for sale at Today’s Agro Processors Fair

Stabroek Square fair seeking expanded market for agro processors

Against the backdrop of uncertainties associated chiefly with the prospects for the future of locally manufactured food products, the Guyana Marketing Corporation (GMC) will stage its Fourth Annual Agro Processors Street Fair at the Stabroek Market Square today.

Nikky’s local fruit ice cream catching on

With tropical fruits having, over time, secured a fair measure of global popularity for what is widely believed to be their health-related benefits, Damien and Nicola Da Silva may well, in the fullness of time, make their names far beyond Guyana’s shores for the value which their experiment has added to an impressive range of local fruit.

Oil wealth and the `family and friends’ culture

The disclosure just over two years ago that significant deposits of oil had been found offshore Guyana created some discernible changes in public behaviour that had to do with what we anticipated would be a qualitative transformation which the advent of oil would bring to Guyana.

Go Invest periodical highlights countrywide roads development plan

With the underdevelopment of the country’s road network having long been identified as a major obstacle to the country’s socio-economic development, the Government of Guyana has used the recently released Guyana Office for Investment (Go-Invest) publication, Guyana Invest to make key disclosures regarding the administration’s plans for critical road development works envisaged under its administration.

Competing for the overseas market

Manufacturing sector at standstill – Ramsay Ali

The unchanging dilemma of an uncompetitive   local manufacturing sector continues to be manifested in the persistence of high electricity costs coupled with a notoriously unreliable power supply system and high costs of imported raw material inputs, among other things, Former President of the Guyana Manufacturing & Services Association (GMSA) Ramsay Ali who is also Chief Executive Officer of Sterling Products Ltd.

Sterling Products coconut water

Sterling Products seeking 10,000 acres for coconut cultivation

With the global coconut industry now offering numerous potentially lucrative opportunities to the manufacturing and agro-processing sectors, the local company, Sterling Products Ltd is signalling its intention to utilize the sector to enhance its own expansion and diversification programmes.

Marketing our creative produce

Every year, small intrepid bands of local businesspeople – mostly from the art and craft, jewellery and dress design industries – show up at the local expos – GuyExpo, Berbice Expo and Essequibo event, among others  – and make their way to trade shows mostly in the region, bringing with them modest consignments of the goods they have to offer in the hope that their goods will find favour with the market.

No environmental assurances

Backing away from a garbage crisis

It had always appeared to be the case that the assurance given the citizenry by Town Clerk Royston King in a statement last week that following the withdrawal of services by City Hall’s substantive service providers, Cevons Waste Management and Puran Brothers, the City was putting in place contingency measures to manage, in an environmental friendly manner, the city’s waste disposal, was little more than just another example of the municipality getting ahead of itself.

A sketch of the proposed Curepe Interchange

China Railway gets major T&T road project

(Trinidad Guardian) China Railway Construction Corporation (CRCC) has been awarded a $221.7 million contract by the National infrastructure Development Company (Nidco) to build the controversial Curepe Interchange, the state company’s chairman Herbert George has confirmed.

Kitco Market Data

Gold Prices for the three-day period ending Thursday August 17, 2017          Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

The formality preceding the inaugural flight

Fly Jamaica set for Guyana-Cuba route

With the procedural details associated with the launch of a commercial airline route between Guyana and Cuba having finally been expedited by the Cuban Institute of Civil Aeronautics (IACC), Guyana’s Ambassador to Cuba, Halim Majeed has said that tourism is likely to be one of the prime beneficiaries of the new service when it is launched later this month.

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