GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 778’s trading results showed consideration of $999,900 from 1,111 shares traded in 1 transaction as compared to session 777’s trading results which showed consideration of $17,512,301 from 66,357 shares traded in 17 transactions.
The response by the country’s commercial banks to what was expected to be their robust collaboration with the Small Business Bureau has failed to materialize, Dr. Lowell Porter has told Stabroek Business.
Amidst reports of complaints from Trinidad and Tobago businessman Derek Chin that the launch of the US$45 million MovieTowne Leisure and Entertainment Complex at Turkeyen has suffered delays on account of various government-erected bureaucratic hurdles, including delays in the clearance of containers for which duty-free concessions were granted, Chairman of the rival Giftland Group Roy Beepat is again seeking information as to “what concessions and facilities were granted” to MovieTowne.
Karni Paton and Sean Thompson, the husband and wife team that has established the Emporium Investments Bureau Inc in Guyana are seeking to, among other things, infuse an enhanced work ethic into the local construction sector, prepared, they say, to back their confidence in their ability to turn things around by offering extended warranties on the structures they deliver to their clients.
With governments in the region plagued by the practice of packing the Boards of state-run entities with their favoured political appointees, the present administration in Jamaica is moving to table regulations in the country’s National Assembly that will effectively de-politicise the Boards of public-sector bodies by, among other things, ensuring that a third of those appointed by a previous Minister or administration be carried over to a new Board.
The Competition and Consumer Affairs Commission (CCAC) was established in 2006 and became fully operational in 2010.
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Global sectoral pressures associated with raising the safe-mining bar in the gold extraction sector is focusing increasingly on the role of the Guyana Geology & Mines Commission’s (GGMC) Mining School, according to the Head of the institution John Applewhite-Hercules.
Kitco Market Data Gold Prices for the three day period ending Thursday June 14, 2018
Relations between the public and private sectors in the economic sphere are generally considered – and justifiably so – to be essential to Guyana’s economic health, the reason being that while it is government that creates and provides the policy framework within which the private sector functions, it is the private sector by investing in economic initiatives that makes critical goods and services available, paying taxes and creating jobs that are, in fact, the engine of growth.
Foreign investments in sectors that significantly exploit Guyana’s non-renewable resources should, “as a matter of course,” leave behind Guyana’s significant “legacy projects” that provide some measure of meaningful compensation for the fact that what they take away are wasting resources from which the country cannot hope to benefit again, a senior private sector functionary has told the Stabroek Business.
Having long established itself as a significant contributor to tertiary education in Guyana, the Critchlow Labour College is seeking to embrace the demand for training in the various disciplines associated with the country’s emerging oil and gas industry to rebuild its reputation as a major contributor to education delivery in Guyana.
Broccoli and cauliflower have long outgrown the expression ‘exotic crops’ in the Guyana context.
Part 111 Another adverse impact on the environment due to Artisanal and Small scale Gold Mining (ASGM) is deforestation.
Part I By Richard Rambarran & Shaleeza Shaw Richard Rambarran – Richard Rambarran is the Executive Director of the Georgetown Chamber of Commerce & Industry and a lecturer in the Department of Economics at the University of Guyana.
Transparency Market Research (TMR), the global market research, analysis, and intelligence firm with offices in India and the U.S.
If you happen to go by the Starr Computers’ Brickdam complex it is well worth the while to pop in for a peek at the company’s ever changing range of hi-tech computerized equipment and increasingly, continually upgraded range of cellular phones.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 776’s trading results showed consideration of $15,388,834 from 248,679 shares traded in 24 transactions as compared to session 775’s trading results which showed consideration of $5,712,760 from 28,110 shares traded in 6 transactions.
The Stabroek Business has, in recent weeks, focused a considerable amount of editorial attention on the collaborative efforts involving government, the Guyana Manufacturing & Services Association (GMSA) and the agro processing sector, through initiatives like the UncappeD events and the lobbying efforts taking place at the level of exchanges between GMSA and government officials.
Rystad is forecasting that Guyana’s 600,000 barrels per day (bpd) in production in the next decade will earn the country revenue of US$15 billion annually from oil and gas.
GUYEXPO’s protracted reign as the standard bearer for expanding exports and attracting investments into Guyana could come to an end later this year with the staging of the first offering of a new initiative, the Guyana Trade and Investment Exhibition (GUYTIE) from September 19-22.
David Jackson, the Company Secretary of British Petroleum said in 2008 ‘In today’s world, the role of the company secretary has no one meaning and covers a multitude of tasks and responsibilities.
Stock market updates
Last week’s delivery of a two-day preliminary course in oil and gas at the Critchlow Labour College marks the inaugural initiative of the Critchlow Labour College in pursuit of the establishment of a Critchlow Centre for Oil and Gas, according to the Secretary to the College’s Board of Directors Lincoln Lewis.
Few locally manufactured food products are more popular than food seasonings and with more than a dozen brands of the product on the local market (to say nothing about the foreign brands that appear increasingly on the supermarket shelves) manufacturers are kept constantly on their toes if they are to keep pace with the competition.
In Artisanal and Small-Scale Gold Mining (ASGM), the amalgamation process, tailings processing, and gold recovery from the amalgam result in substantial release of mercury into the environment.
Gold Prices for the three day period ending Thursday May 31, 2018
The Upper Corentyne fishing community is in the grip of a state of apprehension in the wake of the April 27 ‘pirate’ attack targeting four fishing boats off of Suriname.
Over a protracted period of time the relationship between the Government of Guyana and the private sector as represented by the major Business Support Organizations has proceeded in fits and starts and if the truth be told the failure to see eye to eye has not always been on account of differences that have had to do with business and the economy.
The delegation representing the Guyana Manufacturing & Services Association (GMSA) says that one of the “immediate solutions” to the challenges facing the local manufacturing sector could be to have a greater share of public procurement sourced from local agro processors providing the product is available and of suitable quality and competitive price”.
The Head of one of the country’s leading players on the international rice market has told Stabroek Business that the expansion of Guyana’s rice sales on the international market could come under serious threat unless the industry undergoes urgent expansion of lands for rice cultivation and modernization of other critical operational aspects of the country’s industry.
Dr. Louisa J. Esdaile Dr. Justin M. Chalker First published: 03 January 2018 Mercury-dependent artisanal and small-scale gold mining (ASGM) is the largest source of mercury pollution on Earth.
Guyana’s large informal business sector poses a serious threat to its formal private sector, through unfair competition at all levels.
Twenty-five students drawn from five of the country’s administrative regions are participating in the first ever programme in oil and gas operations by the Guyana Trades Union Congress-administered Critchlow Labour College, which commenced at the College’s Woolford Avenue Complex yesterday.
By Andrea De Caires In 1994 when Wilderness Explorers opened its doors, tourism was an unknown word.
An accommodating business environment is one that encourages business efficiency and incentivizes innovativeness and increased productivity, two key sustainable development factors.
If the adage about one swallow not making a summer clearly applies to the recent initiatives by the Government of Guyana and the Guyana Manufacturing and Services Association (GMSA) to attempt to breathe new life into the country’s agro-processing sector, it would be churlish not to acknowledge the recent developments in the sector and what we should be reading into it.
(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service) The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.