Nand Persaud seals Cuba rice export deal

– shipping to commence later this month

A firm contractual agreement between the state-run Cuban entity Alimport and the local rice milling giant Nand Persaud and Company paving the way for the imminent commencement of rice exports from Guyana to Cuba has now been signed and sealed, bringing to an end months of negotiations; a new chapter in trade relations between the two countries is on the horizon.

A perspective on the condition of the cooperative

The decidedly low-key programme executed by the Government of Guyana to mark National Cooperatives Week did much, if indeed anything more needed to be done, to underscore the cataclysmic decline of the movement over the decades since the then People’s National Congress administration promulgated cooperatives as the third sector of a tri-sectoral Guyana economy.

Kitco Market Data

Gold Prices for the three-day period ending Thursday August 3, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

GBTI launches new Visa chip cards

The Guyana Bank for Trade and Industry (GBTI) has announced that it is now offering its customers a more advanced and secure transaction tool in the form of the EMV (Europay, MasterCard and Visa) chip card, a global standard for credit cards that uses computer chips to both authenticate and secure chip-card transactions.

Guyana/Cuba bilateral relations on the move

Following on the heels of the conclusion of a major rice export contract with Cuba (see report in this issue of Stabroek Business) this newspaper has learnt of several other bilateral business agreements between Guyana and Cuba are currently in various stages of completion.

Stock market updates

Stock market updates   GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 732’s trading results showed consideration of $3,804,547 from 78,412 shares traded in 13 transactions as compared to session 731’s trading results, which showed consideration of $19,105,931 from 454,010 shares traded in 19 transactions. 

Prices Prepared by the Guyana Marketing Corporation

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service) *Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

Stock Market Update

Stock Market Update                     GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 730’s trading results showed consideration of $544,235 from 636 shares traded in 3 transactions as compared to session 729’s trading results, which showed consideration of $2,566,808 from 69,314 shares traded in 9 transactions. 

Gold prices

Gold Prices for the three-day period ending Thursday July 6, 2017

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Guyana, Cuba moving to strengthen trade, economic ties

– rice exports, direct flights on the horizon

Guyana is one of several Caribbean countries seeking to strengthen trade and economic ties with Cuba in the wake of indications that the country is in the throes of liberalization.

STEMGuyana seeking more public/private sector material support

In the wake of Guyana’s first robotics and technology expo

Co-Founder of the Science, Technology, Engineering and Mathematics (STEMGuyana) initiative Karen Abrams has told the Stabroek Business that the response of young Guyanese to last Saturday’s first ever National Robotics and Technology Exhibition at the Cliff Anderson Sports Hall more than justifies both the government and the private sector throwing their full weight behind the project by providing various forms of support to help take it forward.