Business

Shadehouse interface with Region Nine community
Shadehouse interface with Region Nine community

IDB-funded Partners shade house project takes off

A year after the Guyana Chapter of the Partners of the Americas shade house cultivation and marketing project commenced its outreach programme across large areas of Guyana delivering education and material resources primarily though not exclusively to rural communities, the organisation’s efforts are already yielding visible and significant results.

Patronising our craft industry

Our local craftspeople, including those from Amerindian communities will doubtless appear in their numbers at the upcoming Guyana Festival at the Providence Stadium and later in the year at GuyExpo at the Sophia Exhibition Site.

Facebook firing on all cylinders

SAN FRANCISCO (Reuters) – Facebook Inc’s fast-growing mobile advertising business helped drive a 61 per cent increase in revenue during the second quarter, beating Wall Street’s financial targets and sending shares to a record-high in after-hours trading on Wednesday.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 573’s trading results showed consideration of $1,222,490 from 35,831 shares traded in 24 transactions as compared to session 572’s trading results which showed consideration of $26,830,218 from 844,386 shares traded in 9 transactions.

CEO of Creditinfo (Guyana) Inc Judy Semple-Joseph

Credit bureau up and running

A year after its formal launch Chief Executive Officer of Creditinfo (Guyana) Inc Judy Semple-Joseph said the local bureau has “sealed” arrangements with all of the country’s commercial banks under which they will share information.

Some small businesses will not meet bank loan criteria

President of the Georgetown Chamber of Commerce and Industry (GCCI) Lance Hinds wants small business aspirants to come to terms with the reality that some of their business proposals will fall short of the requirements for commercial bank loans and that, accordingly, realistic alternative ways must be sought to finance their ventures.

Marlan Cole

Food and Drugs toughening up to face counterfeit imports

As the economic costs and potential health risks associated with the proliferation of counterfeit consumer items become increasingly apparent, Director of the Food and Drugs Department Marlan Cole has told Stabroek Business that his department is stepping up initiatives within the scope of its limitations to protect the health of the population and the viability of businesses against “an illegal multi-billion dollar industry.”

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