Business

Annabelle Carter-Sharma is one of several entrepreneurial aspirants whose ambitions are now much better positioned to take shape, following her receipt in May of a $3 million loan from the Guyana Bank for Trade and Industry (GBTI) to consolidate Euphoria Indoor and Outdoor Fun Park an enterprise which, though already registered as a business is still very much in the making.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 588’s trading results showed consideration of $2,989,128 from 93,555 shares traded in 14 transactions as compared to session 587’s trading results, which showed consideration of $898,243 from 37,000 shares traded in 13 transactions.

Twenty years after it first opened its doors, Metro asserts that its intervention in the local market could hardly have come at a more strategically important time.

By Hallam Hope   As Caribbean economies continue to be buttressed by a weak world economy an international two-day conference is scheduled for Barbados to provide a road map for future economic growth.

Five years after its operations were re-sited from Kingston to temporary premises inside the University of Guyana’s Turkeyen Campus, the Government Analyst Food and Drug Department of the Ministry of Health is to be given a permanent home close to the university campus.

Four special needs schools—the Georgetown-based David Rose School and its counterpart institutions at New Amsterdam, Linden and Diamond—have embarked on a project that will provide around 80 deaf students and 40 otherwise differently able ones with the opportunity to acquire a valuable self-sustaining skill and an opportunity to take a small but significant step into the world of business.

Almost a year after President Donald Ramotar launched the US$5 million Low Carbon Development Strategy (LCDS) Micro and Small Enterprise Development and Building Alternative Livelihoods for Vulnerable groups (MSE) Project, funding has now been cleared for beneficiaries under both the loan and grant components.

Industry pressures arising out of what is now a pattern of falling gold prices is threatening to create further differences between privately run small and medium-scale gold mining operations and the state-run oversight body, the Guyana Geology and Mines Commission.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 587’s trading results showed consideration of $898,243 from 37,000 shares traded in 13 transactions as compared to session 586’s trading results, which showed consideration of $564,267 from 19,100 shares traded in 8 transactions.

Last Saturday the Guyana Marketing Corporation took advantage of the fine weekend weather and the convenience of the Main Street Avenue to stage yet another street fair in collaboration with small enterprises in the art and craft and agro processing sector.

SEOUL (Reuters) – As South Korea’s population rapidly ages, makers of consumer goods from washing machines to packaged foods and pet products are increasingly targeting people like Lee Dong-soo, who is 34 and lives alone with his cat.

(Barbados Nation) – People travelling along the ABC Highway can now see the advertising signs at night, thanks to solar electricity.

Over the weekend, the Omni Auditorium at Broward College, Broward County, Florida will host one of the single largest creative contingents ever to travel from Guyana to the United States.

After we had finished speaking with Juliana Hughes on Monday she had to ready herself to travel to Florida the next day to participate in the Guyana Trade, Tourism and Investment Expo 2014.

The decision to use this column to address the GRIF-funded US$5 million LCDS Micro and Small Enterprise Development and Building Alternative Livelihoods for Vulnerable groups (MSE) Project was taken two evenings ago and only after the Editor of the Stabroek Business had told the writer that this week’s issue of the newspaper would contain some revelations on the project.

Business Cartoons

Earlier this week a sizeable group of Guyanese travelled to Florida to participate in an event that puts on display a range of fashion clothing, craft and agro-processed foods to promote Guyana and locally produced goods to the international community, more particularly in North America.

Guyana and Suriname are not adequately exploiting trade and other economic opportunities either between themselves, or with Brazil.

Information released in the Georgetown Chamber of Commerce and Industry (GCCI) 2014 Needs Assessment Survey indicates that sections of the local business community support the GCCI being vocal on certain political issues.

Deliberately, one suspects, UN Resident Coordinator and UNDP Resident Representative, in Guyana Khadija Musa last week took what some might see as an indelicate tilt at a section of the local fast food sector.