Business

By Wayne Dass, CFA Chief Executive Officer Caribbean Information and Credit Rating Services Limited (CariCRIS) CariCRIS’ is pleased to report that its February 24-27 inaugural Credit Risk Workshop in Guyana held at the Pegasus Hotel was – based on feedback received from the attendees – a successful and value-adding exercise.

Business Cartoon

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

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 605’s trading results showed consideration of $711,622 from 16,487 shares traded in 9 transactions as compared to session 604’s trading results, which showed consideration of $29,316,743 from 262,239 shares traded in 30 transactions.

This newspaper has been doing as much as any other section of the media to publicise the manufacturing sector, its challenges and such accomplishments as it has realized.

“Guyana has all of the ingredients necessary to reclaim its position as the bread basket of the Caribbean and the region needs to focus on cultivating high-yielding varieties of [cassava] as well as addressing the processing and commercialization considerations associated with [its] popularization,” newly appointed Food and Agriculture Organization (FAO) Resident Representative in Guyana, Reuben Robertson has told Stabroek Business.

Stabroek Business has learnt that the region’s first ever credit-rating agency, the Trinidad and Tobago-based Caribbean Information and Credit Rating Services Ltd (CARICRIS) is currently engaging the Bank of Guyana (BoG) with a view to the local entity becoming a member of its Board of Directors.

All sorts of stories have circulated about the practice of offering expired and counterfeit brands of food and drugs for sale on the local market.

WASHINGTON (Reuters) – US consumer prices fell over the past year for the first time since 2009 as gasoline prices continued to tumble, which could allow a cautious Federal Reserve more room to hold off on raising interest rates.

Ryan Braithwaite is one of a growing number of young Guyanese professionals who have slipped into the world of business.

(Trinidad Express) – Although Trinidad and Tobago and Venezuela are working together to develop the energy sector in both countries, more issues could be addressed that would be mutually beneficial.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 604’s trading results showed consideration of $29,316,743 from 262,239 shares traded in 30 transactions as compared to session 603’s trading results, which showed consideration of $4,327,173 from 58,745 shares traded in 27 transactions.

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

Chris and Chanchal Persaud believe that Umami, their nearly two-year-old local enterprise has some distinct competitive advantages over similar businesses here in Guyana and almost certainly elsewhere in the region.

Two inventive Guyanese, Valmiki Bankay and Michael Williams, have created a social and business web application, Wafugee, which they say can help users “to connect to people, places, products and services in one convenient location on a single dashboard.”

A sharper focus on value-added production and discussions with stakeholders on the formulation of a new log export policy are amongst the priorities for the forestry sector identified in the five-year (2015-2020) – strategic plan promulgated by the Forest Products Development and Marketing Council of Guyana (FPDMC).

It will take some time for the full impact of the closure of its Caribbean operations by the American cosmetics giant Avon to be felt in the Guyana economy, but amongst the vendors, mostly women, who have, for years, sold the company’s cosmetics goods from their living rooms, in small makeshift stores and even from pavements, the end of Avon’s operations in Guyana appears to have brought with it a sense of shock and bewilderment.

By Dale Beresford It comes as no surprise to me that in the wake of three serious workplace accidents in coastal Guyana in about three weeks neither the Ministry of Labour, the private sector nor the trade union movement have issued a substantive statement on these accidents.

Given its focus on targeting poor families in coastal and rural communities seeking to secure sustainable livelihoods, the Partners of the Americas shade house farming initiative has attracted considerable attention across the country.