Differences with gov’t will not derail private sector agenda -new Chairman
Says he will not preside over weak Commission Newly elected Chairman of the Private Sector Commission (PSC) Captain Gerry Gouveia has told Stabroek Business that he has no intention of allowing differences of opinion between government and the private sector to derail the PSC’s agenda for the growth and development of the business sector specifically and Guyana in general.
Business Editorial
The public face of Guyana Water Inc. The Chief Executive Officer of the Guyana Water Inc Karan Singh strongly believes that the problems associated with the payment of water rates are, for want of a better word “cultural.” In other words, as he puts it, “people have taken the land of many waters saying” to mean that “they should receive clean water in their homes whenever they turn their taps on.” Evidence of high costs associated with the provision of electricity and telephone services are, for the most part, far more visible to consumers than in the case of water.
Faking certification marks
Evadnie Fields-Benfield is the Information Co-ordinator at the Guyana National Bureau of Standards Introduction “In order to serve their intended purpose, the public must be able to trust certification marks”.
Rates collection up but delinquent consumers still compromising GWI strategic plan -Singh
Engineers, managers desperately needed Rate collection figures released to Stabroek Business by the Guyana Water Inc (GWI) point to what Chief Executive Officer Karan Singh described as “an encouraging but still far from satisfactory” improvement in the response by consumers to appeals for the timely payment of water tariffs.
Nations waste billions of dollars of food annually
…while many starve and the environment suffers By Karen Abrams While food prices increase, and food shortages plague developing countries, producing countries lose a large supply of food annually to waste due to transportation, cold storage and distribution problems, while in developed nations like the UK, US, and Japan, consumers and organizations waste billions of dollars in food each year due to over buying, poor planning, busy schedules and a myriad of reasons explored below.
Applying information technology to traditional business in Guyana
Part I By Andre Griffith Introduction This series looks at applications of information and communications technologies to traditional businesses in Guyana, and at some of the implications for the formation of a new business sector based on the so called atomic e-business models such as information processing, online retailing and others.
Business Cartoon
Police Consumers staging special anniversary promotion to boost consumer patronage
The Guyana Police Consumers Co-operative Society has embarked on a special sales promotion drive to mark the 169th anniversary of the Guyana Police Force.
Investing in Guyana: A view from the Diaspora
The private sector and investors from the Diaspora are inextricably tied together A recently retired Guyanese friend of mine who currently resides in Georgia just returned home from a two week visit to Guyana.
Draft amendments to mining laws envisage huge fines for environmental offences
Stabroek Business has learnt that new proposed amendments to existing mining regulations will, if implemented, result in dramatic increases in fines for environmentally-linked mining transgressions.
T&T technology-driven mega-farms to push food security
The Trinidad and Tobago private sector will play a key role in driving the implementation mechanisms being created by the government to support its investment in the refashioning of the country’s agricultural sector in response to the global food crisis.
Food security and the private sector: The T&T example
Three week ends ago, at the forum held in Georgetown to map out strategies for regional food security, Trinidad and Tobago’s Minister of Agriculture Arnold Piggot outlined the framework for his country’s national agri-business development programme, the twin-island Republic’s envisaged response to the global food crisis.
A red herring or a fiscal tragedy
(Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice President of the Lending Services Division.
Iowa under water while Americans and the world brace for effects of the third strike
By Karen Abrams Is the era of cheap food over? Strike one resulted in higher food prices due to rising oil prices, strike two resulted in yet higher food prices as many brilliant economic minds in the US encouraged corn ethanol production to combat steady rising oil prices, strike three continues to play out as Iowa; America’s breadbasket state, responsible for 18% of the nation’s corn production struggles to rebound from the recent disastrous floods.
The Business Cartoon
WWG Guianas
El Nino danger floated The Association of Tropical Biology and Conservation was founded in 1963 to promote research and to foster the exchange of ideas among biologists working in the tropics.
Incubating in the Courtyard Mall
The New Essentials accessories store in one of several small businesses that have found their way to the Courtyard Mall, a popular incubator for urban commercial enterprises.
Gold rush could be stymied by EU, US mercury crackdown
Even as rising world market prices for gold trigger a frenetic gold rush in Guyana’s hinterland region, a vigorous international lobby for safer mining practices may force fundamental changes in local operations.
Cheddi Jagan Airport facing double security challenge
Even as the Cheddi Jagan International Airport (CJIA), Timehri authority seeks to take stronger measures to thwart the movement of drugs through Guyana’s sole international airport, concerns are being expressed about other aspects of airport security.
The Customs probe: What the nation expects
Towards the end of May we learnt that the conclusion of the multi-million dollar Customs-Fidelity Polar Beer scam was a matter of days away.
“Sanatagate” and the EU micro-projects cause angst locally and abroad
Is this “much ado about nothing”? Karen Abrams holds an MBA from UC San Francisco.
Bottled water a pragmatic response – Singh
Says some vendors stealing water from GWI The establishment of the new Guyana Water Inc.
Rising Oil Prices: Prospect and Retrospect
By Rajendra Rampersaud The escalating price of oil that has surpassed all predictions and projected by some pundits to reach US$200 per barrel threatens a fragile world economy.
Stock market updates
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 258’s trading results showed consideration of $5,137,847 from 141,765 shares traded in 24 transactions as compared to session 257 which showed consideration of $6,360,453 from 570,467 shares traded in 20 transactions.