Business

Gold Prices for the three-day period ending Thursday June 2, 2016Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Joy Agness exudes an ill-concealed enthusiasm about the prospects of putting both her business skills and her creative talents to work in the service of her country.

Business Cartoons

Almost seven years after Fibre Tech Industrial Plastics was honoured by the Guyana Manufacturing and Services Association (GMSA) for its pioneering work in opening up an export market in the region for its fibre-glass table tops, cupboards and bathtubs, the company’s owner and Chief Executive Officer Somat Ali said the company continues to seek ways of maximizing market opportunities on both the domestic and international markets.

This year, small business representatives at the Jubilee GuyExpo event had much to say about how it impacted on customer patronage when compared with their customary day-to-day trading in arcades, on pavements, in malls and the like.

President of the Guyana Public Service Union (GPSU) Patrick Yarde has told the Stabroek Business said that the union is ready to engage government in talks over wages and salaries in the Public Service.

Reports from the United States indicate that the four-day visit to Guyana by a contingent of Florida-based businesspersons seeking to establish trade ties with Guyana has left the delegation upbeat about the prospects for inking firm deals with their Guyanese counterparts that will open up new opportunities for local goods on the North American market.

Reports continue to reach the Stabroek Business of problems relating to bottlenecks of one sort or another arising out of engagements between Customs authorities and importers and which, reportedly, are impeding the efficiency of import transactions and by extension the smoothness of business arrangements.

Entrepreneur, Managing Director, GeoTechVision Finance has been identified in many business surveys as the most important factor determining the survival and growth of small businesses.

With increasing numbers of customers beginning to embrace the suite of IT-driven business support services being unveiled by the commercial banking sector, local Scotia Bank Products and Marketing Manager Jennifer Cipriani has told Stabroek Business that changes in the banking culture will “sooner rather than later” transform the edifices that have long been the symbols of banking across the world.

President of the Language Institute Cecily Bernard concedes to having become increasingly aware that in a global economic climate where Guyana’s business community continues to come under growing pressure to explore opportunities for new, non-conventional markets, possession of foreign language services that are readily available to the business sector have become a necessity rather than just an advantage.

Among the many attention-seekers from the local fashion industry who will be in evidence as the country’s Independence anniversary celebrations continue is fashion designer Carol Fraser.

(Jamaica Observer) – Digicel Group and Huawei Technologies have successfully tested a new technology on its fibre to the home network which could quadruple the internet speed customers now experience.

WASHINGTON (Reuters) – US business spending intentions weakened in April for a third straight month amid soft demand for machinery, but a surge in contracts to purchase previously owned homes to a 10-year high supported views economic growth was gaining speed.

Gold Prices for the three-day period ending Thursday May 26, 2016Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Once the programme of official events for the Jubilee Independence celebrations is over one expects that there will be some movement on the commencement of discussions between the government and the Guyana Public Service Union (GPSU) on wages and salaries and related issues.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 669’s trading results showed consideration of $435,480 from 901 shares traded in 5 transactions as compared to session 668’s trading results, which showed consideration of $26,424,867 from 742,364 shares traded in 14 transactions.

Now that the report of the Commission of Inquiry into the Public Service has been completed and handed over to the President there should be no further delay to engagement between the government and the union or unions concerned on the matter of public servants’ salaries, General Secretary of the Guyana Trades Union Congress (GTUC) Lincoln Lewis has told the Stabroek Business.

A controversial May 17, letter signed by Ogle Airport Inc (OAI) Chief Executive Officer Anthony Mekdeci and circulated to the media asserting that but for investments made by OAI Chairman Michael Correia what is now the Eugene R Correia International Airport would not have come on stream threatens to extend the controversy that has been raging at the country’s second international airport ever since the announcement some weeks ago regarding its renaming.