Business

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website Kitco.com for gold news, commentary and market information.
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website Kitco.com for gold news, commentary and market information.

Kitco Market Data

Gold Prices for the three day period ending Thursday  October 15, 2015

Subsidies weighing down CAL

(Trinidad Guardian) Now that Caribbean Airlines Ltd (CAL) is positioning itself to cope with its external challenges including swift competition, and a smaller subsidy (transfer to state enterprise) of $92.2 million in 2016, Mariano Browne, former minister in the ministry of finance said the airline should not have received a subsidy at all.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 637’s trading results showed consideration of $1,818,026 from 49,058 shares traded in 13 transactions as compared to session 636’s trading results, which showed consideration of $6,591,531 from 169,031 shares traded in 18 transactions.

Tourism

There has been some evidence, recently, of a deliberate attempt on the part of government to accord tourism a higher national profile.

Crop diseases ravaging Caricom plantain, banana industries

The plantain and banana industries in the Caribbean Community (Caricom) are facing a crisis arising out of two crop-related diseases—black sigatoka and Moko—that are currently ravaging plants, Stabroek Business has been told by two experts from the Caribbean Agricultural Research & Development Institute (CARDI).

Packaging and labelling and the enhancement of market access

During the course of a conversation with a group of agro processors last week, Stabroek Business learnt that across the country several hundred would-be entrepreneurs continue to be constrained in their ambitions on account of their inability to take their pursuits to the next level, that is to say beyond the stage of producing a few bottles of pepper sauce or ground seasoning in their kitchens and selling these to family and friends and at small stalls in the municipal markets.

Business Briefs

Courts Jamaica gets more furniture space   Courts retail furniture store in Jamaica has invested US$8 million in the expansion of its local distribution centre.

Starr CEO Mike Mohan in encounter with Toshaos

Toshaos engage Starr Computers on IT solutions for hinterland communities

Starr Computers has commenced what the company is describing as exploratory discourses with leaders of hinterland communities with a view to determining the role that technology can play in enhancing conventional education and vocational skills as well as fostering entrepreneurial development with a view to enhancing the quality of life in hinterland communities.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 636’s trading results showed consideration of $6,591,531 from 169,031 shares traded in 18 transactions as compared to session 635’s trading results, which showed consideration of $350,450 from 12,100 shares traded in 4 transactions.

Consumer Affairs Division’s Education Officer Kushana Archer and Head of Division Muriel Tinnis.

Car buyers being scammed $$$M by dodgy dealers

Guyanese consumers continue to be victims of multi-million dollar scams perpetrated by unscrupulous motor vehicle dealers who employ various schemes to cause car buyers to pay hundreds of thousands more for vehicles than was originally agreed.

Artisans, agro processors likely to be prominent at business expo

As the Ministry of Business through its Small Business Bureau presses ahead with arrangements for the November 27-29 Business Exposition, more than 140 requests have been made for participation in the event which replaces the annual GuyExpo event for 2015 and which will feature local small businesses.

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