Business

Guyana’s manufacturing sector remains restricted to “primary processing of agricultural, mineral and forest products” on account of meagre local demand, high energy and transportation costs and inadequate, unaffordable and non-incentivised financing, Guyana Manufac-   turing & Services Association (GMSA) President Clinton Williams told the Association’s Annual Dinner & Awards Ceremony last evening.

Deborah Dey believes that the printed invitation makes its own statement.

The Guyana Manufac-turing & Services Associa-tion (GMSA) wants to see “closer collaboration and stronger partnerships” among entities which the association’s President Clinton Williams calls the “research and development institutes” to provide scientific data that would aid the performance of the productive sector.

Stock market updates

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

It appears that many ordinary Jamaicans have been able to mount a successful lobby for more political attention to be paid to the increasingly high-profile infusion of the Chinese economic influence in their country.

Kwasi ‘Ace’ Edmondson has not quite forgotten the moment of victory, but he cannot afford to live on it.

More than three years after United States President Barack Obama signed that country’s Food Safety Modernization Act of 2010 into law, Guyana is still well adrift of being positioned to meet tough new standards in the absence of which locally produced foods will be denied access to US markets.

Security-related anomalies at port facilities in Guyana could, conceivably, negatively affect the country’s international maritime standing and raise questions about its compliance with International Ship and Port Facility Security (ISPS) protocols and practices, a local shipping industry source has told Stabroek Business.

At this very moment we are living in one of those now familiar cycles of violence that targets the business community; violence that is sudden and frightening and which leaves even those of us who are not its actual victims chastened.

(Barbados Nation) – Sandals Barbados has spent more than $4 million buying local supplies in its 16 weeks of operating here.

Two local companies operating in tandem out of modest premises in Waterloo Street have set themselves the twin tasks of significantly broadening the variety of fruits and vegetables cultivated locally and expanding markets in the Caribbean and further afield.

With several hundred visitors expected to pass through the March 28-30 Wedding Expo at the Roraima Duke Lodge, the company’s Marketing Manager Shamaine Davis believes the event can serve as an invaluable “poster board” for a host of businesses involved in the country’s wedding and entertainment sectors.

Optimism in the mining sector about the immediate-term fortunes of the gold industry persists despite the imponderables associated with fluctuating gold prices, Administrative Coordinator of the Guyana Gold and Diamond Miners Association (GGDMA) Colin Sparman told Stabroek Business earlier this week.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 552’s trading results showed consideration of $11,206,752 from 323,325 shares traded in 11 transactions as compared to session 551 which showed consideration of $4,352,071 from 102,665 shares traded in 18 transactions. 

Marvin Wray, a final year Public Communications student at the University of Guyana, is not altogether a rookie in the world of business.

A second commercial bank has signed on to the Low Carbon Micro and Small Enterprise Develop-ment Project (LCMSEDP) being administered from within the Ministry of Tourism, Industry and Commerce, paving the way for significantly enhanced access to lending for medium and small enterprises registered with the project.

An “urgent and thorough enquiry” into last week’s discovery that a multi-storey structure under construction in the capital could provide important insights into irregularities in the procedures associated with the erection of buildings in the capital, a city councillor has said.