Kitco Market Data

Gold Prices for the three day period ending Thursday January 4, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 754’s trading results showed consideration of $5,719,787 from 38,419 shares traded in 4 transactions as compared to session 753’s trading results which showed consideration of $3,546,225 from 24,080 shares traded in 6 transactions. 

Food and Drug Dep’t closer to meeting stringent US food safety requirement

-new complex scheduled for completion in 2019

The Government Analyst-Food & Drugs Department (GA-FDD) of the Ministry of Public Health has taken a major step in the direction of meeting the laboratory testing standards necessary to satisfy the safety requirements of the United States’ Food Safety Modernization Act (FSMA), the 2010 legal standards benchmark for the importation of foods into that country, the Department’s Director, Marlan Cole told Stabroek Business in an interview earlier this week.

Staving off illegal imported foods, drugs, priorities for GAFDD in 2018

Department aiming to scale back food, drugs waivers

Protecting local consumers from the threats posed by the infiltration of imported foods and drugs which could do great harm to the nation as a whole remains one of the highest priorities of the Government Analyst Food & Drugs Department (GAFDD), and at a time when there are strong elements of criminality in the manufacture and trade in foods and drugs the Department is deserving of the full support of government, the business community and the country as a whole, GAFDD Director Marlan Cole has told the Stabroek Business.

Brazil officials due here January for talks with gov’t on large scale agri projects

What is widely felt to have been inexplicable sloth on the part of successive political administrations in taking advantage of the potential for deeper bilateral economic and trade cooperation with neighbouring Brazil could be at an end if the recent pronouncement here in Georgetown of a likely imminent and significant investment-related move here by South America’s largest country materializes.

No breakthrough for black cake on international market

Good, old-fashioned Guyanese black cake may be a hot item on the local menu at Christmas time, though it may be well worth the while for business-minded cake-makers to check out the progress that Tortuga International is making with rum-based cakes, whose sales in the region are estimated around US$18 million.

Kitco Market Data

Gold Prices for the three-day period ending Thursday December 28, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market prices

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 753’s trading results showed consideration of $3,546,225 from 24,080 shares traded in 6 transactions as compared to session 752’s trading results which showed consideration of $14,440,200 from 17,098 shares traded in 8 transactions. 

Strengthening Guyana/Brazil economic relations

It would be entirely fair to say that successive political administrations in Guyana have, over time, continually squandered what, unquestionably, have been glaring opportunities to take advantage of the fact that Brazil, by far this continent’s largest country with the biggest economy, shares a border with us.

Government open to existing Baron Foods investment inquiry

‘The ball is in their court’ - Go-Invest CEO

Notwithstanding the recently reported loss of a US$5 million investment to neighbouring Trinidad and Tobago arising out of what was widely believed to be a politically motivated ‘run around’ experienced by Guyanese-born Ronald Ramjattan, proprietor of the Baron Foods brands of sauces and condiments, the door remains open to such sought – after investment opportunity here as the St.

Cuba rice contract going smoothly

…but local production insufficient to satisfy other markets

Even as expanding Guyana’s  international rice market continues to be the primary focus of the local industry, one of the country’s leading rice milling entities has told this newspaper that optimizing the returns from the industry requires, among other things, significantly increased investment in inputs and services necessary for enhancing rice yield, both qualitatively and quantitatively.

Cort-Rogers elected President of General Contractors Association

-says body will be pushing harder for 20% of state contracts to small businesses

Newly-elected President of the General Contractors Association of Guyana (GCAG) Neil Cort-Rogers has told the Stabroek Business that the Association will be seeking to make a more assertive push to ensure that the provision in the Small Business Act that allows for local small businesses to benefit from 20% of state contracts comes into effect this year.

Influence peddlers ‘touting’ for would-be investors

During an extended discourse with the Stabroek Business on Wednesday, Minister of Business Dominic Gaskin went to some trouble to make the point that the APNU+AFC administration was particularly keen to provide a convivial environment within which to attract investor attention and (in the presence of Go-Invest Chief Executive Officer, Owen Verwey) made the point that one of his Ministry’s priorities was to properly position and equip Go-Invest to provide the various services associated with investor inquiries.

Kitco Market Data

Gold Prices for the three day period ending Thursday December 21, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 752’s trading results showed consideration of $14,440,200 from 17,098 shares traded in 8 transactions as compared to session 751’s trading results which showed consideration of $8,273,912 from 213,873 shares traded in 3 transactions. 

Lethem agri centre allocated $265m in budget

-as gov’t steps up hinterland farming drive

Against the backdrop of what it says is its focus of creating further opportunities for the development of hinterland agriculture, government has disclosed in its 2018 budget an intention to allocate some $265 million to the design and construction of an agricultural centre and reservoir at Lethem and the upgrading of the existing agricultural research station at Ebini.