Business

Guyana’s Tourism, Industry and Commerce Minister, Oneidge Walrond, has said that Guyana and the wider Caribbean seeks to attract investors who are “committed to the sustainable development of the countries and communities within which he or she operates and from which they derive value.”

Fifty-five years into its service to Guyana’s food service sector, the National Milling Company (NAMILCO) is once again being recognized by the Guyana National Bureau of Standards (GNBS) for what it says is the sterling quality of service that the company continues to provide to the food service sector in Guyana.

By Brooke Glasford In 2017, I wrote an article for this column about wearable technology (wearables) and the rise of, and adoption of wearables in the current marketplace.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1066’s trading results showed consideration of $35,605,782 from 104,845 shares traded in 23 transactions as compared to session 1065’s trading results, which showed consideration of $14,873,926 from 77,625 shares traded in 20 transactions.

It would appear that even in the face of what, these days, are widely publicized concerns over increasingly and disturbingly high levels of crime, including violent ones, in Trinidad and Tobago, the twin-island Caribbean Community (CARICOM) member country remain popular with visitors from both within and outside the region.

Caught up in a debilitating drought that is impacting the various sectors of social and economic life on the island, Caribbean Community (CARICOM) member state, Jamaica, has been compelled to pay particular attention to the impact of the water scarcity on the country’s agriculture sector. 

The United States-based Global Energy Monitor (GEM), a non-governmental organization which catalogs fossil fuel and renewable energy projects globally and shares, has issued a report which states that, going forward, oil and gas producers are seeking to quadruple their investments in the oil and gas sector despite the International Energy Agency’s (IEA) warning issued three years ago that new oil and gas fields are incompatible with the 1.5°C climate target.

As much as anything else, Guyana’s now accustomed role as host to high-profile regional and global gatherings underscores the acceptance by the international community that the country’s new-found oil economy qualifies it as a place to be when matters of business and investment in the region are under scrutiny.

The Guyana Chamber of Commerce and Industry (GCCI) has recently reported pleasing outcomes to an initiative undertaken by the Chamber in collaboration with the European Union.

Even as the issue of global hunger continues to occupy a place of prominence among the priorities of the international community, a UN Environment Programme (UNEP) report released earlier this week asserts that, globally, more than one billion meals a day went uneaten in households across the world in 2022, even as 783 million people were affected by hunger and a third of humanity faced food insecurity.

Not a great deal has been heard from the Georgetown Chamber of Commerce and Industry (GCCI) regarding the ‘potential participation’ of local businesses in the 135th Canton 2024 Spring Fair scheduled to be staged at the Canton Fair Complex, Guangzhou, China from April 15-19, though it would do both Guyana’s image and the image of the Chamber a power of good if Guyana were to make an appearance, even a modest one at one of the world’s biggest events of its kind.

Once widely respected in the region as a country that has never shirked from turning to the land to ensure its food security bona fides, there is, these days, concern that the number of local farmers is continuing to dwindle, according to the Jamaica Agriculture Society (JAS).

Having become, largely through its oil and gas bonanza, the Caribbean Community (CARICOM) country enjoying the highest profile in the region, the International Conference on Business, Commerce and Management Studies, scheduled to be held in Georgetown, the country’s capital, on May 25, 2024, is likely to attract further regional and international attention to Guyana.

Kitco Market Data GOLD PRICES FOR Thursday April 4, 2024

There exists at this time an uncanny coincidence between Guyana’s parading of itself as an oil-producing ‘rising star’ on the one hand and on the other, seemingly hurtling towards a return to that ‘zombie’ regimen of power outages that had once traumatized generations of Guyanese.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1065’s trading results showed consideration of $14,873,926 from 77,625 shares traded in 20 transactions as compared to session 1064’s trading results, which showed consideration of $27,871,614 from 148,917 shares traded in 36 transactions.