Stock market updates

GASCI Market Journal GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 249’s trading results showed consideration of $790,191 from 46,473 shares traded in 15 transactions as compared to session 248 which showed consideration of $2,120,407 from 186,692 shares traded in 9 transactions.

Not enough attention being paid to renewable energy sources …GBTI Chairman

Says VAT has skyrocketed consumer price index With continually rising fuel prices driving up the cost of production and impacting negatively on the cost of living, Guyana is paying insufficient attention to the need to reduce its dependency on hydro-carbon fuels and to seek to realize the benefits of renewable energy alternatives, according to Chairman of the Board of Directors of the Guyana Bank For Trade and Industry (GBTI) Robin Stoby.

The Business Editorial

Where business interests and environmental imperatives Amidst our preoccupation with joining the rest of the international community to help save our planet from what is now widely believed to be the potentially devastating consequences of global warming, are we neglecting small but valuable opportunities to contribute to the protection of the environment right here at home?

Stock market updates

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis.

Editorial

Probing GPL The Chief Executive Officer of the Guyana Power and Light Company (GPL) Bharrat Dindyal has publicly admitted that the company is besieged by a plethora of problems most of which are long-standing, some of which are chronic and many of which will not be surmounted in the near future.

Essequibo farmers told of steps to cushion fuel cost

Minister of Agriculture Robert Persaud on Saturday met with Essequibo farmers at the Affiance Multi-Purpose Centre to inform them of steps being taken in the agriculture sector to cushion the effects of rising fuel costs and to maintain drainage systems in order to maximise production.

GBTI lends more than $11.2 bn in 2007

Excess liquidity continues to plague banking sector …Chief Executive Officer Chief Executive Officer of the Guyana Bank for Trade and Industry (GBTI) Radhakishore Sharma is upbeat about the immediate future of the Guyanese economy despite the impact of rising oil and food prices and a high inflation rate.

Pre-feasibility study for Linden/Lethem road started

Government started a pre-feasibility study for the Linden/Lethem roadway earlier this month in keeping with its efforts to develop the Guyana/Brazil road linkage by upgrading the Linden/Lethem route.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 247’s trading results showed consideration of $2,390,727 from 242,666 shares traded in 5 transactions as compared to session 246 which showed consideration of $1,581,307 from 134,121 shares traded in 14 transactions. 

IPED disbursed more than 5,000 loans valued $1.4 billion in 2007

Executive Chairman advocates local development bank to further encourage entrepreneurship Executive Chairman of the Institute for Private Enterprise Development (IPED) Dr Leslie Chin has told Stabroek Business that there is need for the creation of a development bank in Guyana to help stimulate entrepreneurial growth here.

The Business Editorial

Poor service standards A year ago we were in the midst of preparations for the arrival of visitors for Cricket World Cup.

Rise in food prices hits home

Karen Abrams holds an MBA from UC San Francisco. She is a Marketing and Small Business Consultant in the US and Caribbean.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 245’s trading results showed consideration of $568,410 from 51,284 shares traded in 7 transactions as compared to session 244 which showed consideration of $3,070,733 from 185,938 shares traded in 13 transactions.