Telecoms monopoly talks to start Tuesday

President Bharrat Jagdeo recently informed the National Competitiveness Council (NCC) while chairing a meeting of that body that negotiations with the incumbent telecommunications operator, Guyana Telephone & Telegraph company, will be commencing on Tuesday.

art and craft production group using Carifesta X to pursue commercial take-off of ‘subsistence’ industry

A group of local art and craft producers set up to promote the local and international promotion of Guyana’s craft industry has disclosed that it will engage state agencies and the commercial banking sector with a view to securing financial support for creation of a sustainable arts and craft industry in Guyana Kulture Ambassadors – the leading promoters of Rastafarian art and craft in Guyana – is seeking to use the occasion of Carifesta X which will be held in Guyana in August to create “a permanent and viable craft industry on a sound business footing,” according to David Morrison (Ras Daweed) owner of the Kulture Embassz, a craft enterprise opened late last year in Kitty.

GTTA gets ITTF boost

The Guyana Table Tennis Association (GTTA) has been approved by the International Table Tennis Federation (ITTF) to receive a grant worth approximately US$7000.00, GTTA general secretary Godfrey Munroe said yesterday.

Prime Minister to commission GT&T’S multi million dollar Mahdia GSM service next Wednesday

The Guyana Telephone & Telegraph Company (GT&T) is citing the completion of its new multi-million dollar GSM cellular service facility at Mahdia as “another concrete example of the company’s commitment to providing easy and reliable communication services between coastal and interior Guyana.” On Wednesday January 30 Prime Minister Samuel Hinds will officiate at a ceremony to mark the commissioning of the new service the cost of which has been estimated at around US$250,000.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

GPL transformer theft:

Local scrap metal dealers have reacted angrily to the charge made in a recent statement issued by the Guyana Power and Light Company (GPL) asserting that the industry “seems to “thrive on buying stolen property,” asserting that the Corporation needs to look more closely at the role being played by some of its own employees in corrupting the scrap trade.

Editorial

The Government of Guyana has reacted quickly to news of an outbreak of Avian Influenza (Bird Flu) in the Dominican Republic.

Business Profile

Daune Fraser’s story is as fine an example of ambition and enterprise as any that you are likely to find among young women anywhere in Guyana.

When America Sneezes

Increasing home foreclosures, job losses, rising fuel and food costs and ongoing outsourcing is testing the financial limits of the US economy.

The Takatu Bridge 1

In June 2007 Stabroek Business was informed by Brazilian Ambassador to Guyana His Excellency Arthur Meyer that the bridge across the Takutu river would be completed in January 2008.