GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 774’s trading results showed consideration of $106,100 from 5,125 shares traded in 3 transactions as compared to session 773’s trading results which showed consideration of $20,537,831 from 62,847 shares traded in 7 transactions.
Guyana’s aviation sector will record a modest but important milestone today when it commences the hosting of the 15th Annual General Meeting of the Caribbean Aviation Handlers Association (CAHA) in the country’s capital, Georgetown.
A significant step in the direction of forging the long sought closer ties between the University of Guyana and the country’s business community will be taken this weekend when the university’s recently established School of Entrepreneurship and Business Innovation (SEBI) commences its first ever Entrepreneurship and Innovation Conference under the theme “Economic Transformation through Entrepreneurship & Innovation.” The Conference, which will held from May 20 to May 22 at the Ramada George-town Princess Hotel gives effect to an undertaking given by UG Vice Chancellor, Professor Ivelaw Griffith during an extended interview with the Stabroek Business some months ago that he was aiming to have SEBI play a role in creating meaningful linkages between UG and the local business community.
By Richard Rambarran and Shaleeza Shaw Since the conception of capitalism, competition has been the driver of economic growth, development and unprecedented rise in living standards.
(Trinidad Guardian) The Bankers Association of Trinidad & Tobago (BATT) has noted the optimism by Finance Minister Colm in his 2017/2018 mid-year budget review but said there is still a lot of work to be done to consolidate the gains made and press ahead with restructuring public finances.
You could tell from the expressionless mask that she wore that Veronica Clinton had heard it all before.
LONDON, (Reuters) – A decade ago, the news that the world’s top oil and gas companies had less than 12 years of production left in their reserves might have caused a panicked sell-off in their shares.
Stock market updates
(Trinidad Guardian) The Chinese HNA Group, which has extensive interests in hotels, has been invited to submit a competitive bid to partner with the Government of T&T on the Sandals project once the tender process is initiated.
Gold Prices for the three-day period ending Thursday May 17, 2018
-honey, duck meat among items facing hurdles If the Council for Trade and Economic Development is to take seriously long outstanding issues, particularly those relating to non-compliance by member states based on provisions of the Revised Treaty of Chaguaramas, consideration must be given to their rights to take those matters to the Caribbean Court of Justice.
Even as the World Health Organization (WHO) intensifies its global lobby for a sharp reduction in the sugar content of popular soft drinks on health grounds, the regional soda industry is seizing hold of the issue as a selling point for its own sugar-based beverages, through claims that they have moved to reduce sugar levels in their products.
There can be no question than that the high rate of urban unemployment and what is widely believed to be a consequential high rate in the commission of crimes, both petty and significant ones, that those institutions responsible for managing the affairs of the capital at the levels of both local and central government have a responsibility to do what lies within their authority and their resources to create meaningful and sufficient employment for residents of the capital.
None of its natural features make a more eminent case for Essequibo’s potential as one of Guyana’s most attract tourist destinations than its tranquil and idyllic lakes, not least Lake Mainstay, located at the Mainstay/Whyaka Amerindian Village, seven miles from the region’s administrative hub at Anna Regina and a twenty-minute plane ride from Georgetown.
Former Georgetown Chamber President, Vishnu Doerga wants local Business Support Organizations (BSO’s) to improve their capacity to provide advocacy, technical support and other services to the country’s private sector, responsibilities which he says, are not being discharged effectively at this time.
Amidst its political and financial crisis and seemingly in response to widely reported food shortages in the country Venezuela is reportedly continuing to import significant quantities of rice since parting company with the 2009 rice for oil (PetroCaribe) deal with Guyana.
If fishing has always been an integral part of Essequibo’s economy there is evidence that the transformation that has descended upon business in the region has rendered the fishing industry increasingly important to the livelihoods of its residents.
Trade facilitation plays a vital role in economic growth and development and impacts in a measurable way on the ease of doing business in various countries.
At fifty-three, work and family having long been at the very centre of his existence, Lancelot McPherson says that the time is long overdue for a frank, open and decidedly public conversation on the local craft industry if it is ever to come even remotely close to fulfilling its potential as much as a viable sector of the country’s economy as well as a vehicle for satisfying both the economic and the creative cravings of the nation’s huge army of largely talented craftspeople.
Thirty-two-year-old Princess Cosbert’s story of how, about two years ago, she came to establish an enterprise that is beginning to make its name as a manufacturer of what is commonly referred to in Guyana as ‘bush’ tea (teas brewed from an assortment of leaves, vines, barks, berries and flowers that grow randomly in various parts of the country) is not one that you are likely to forget easily.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 772’s trading results showed consideration of $33,064,349 from 252,766 shares traded in 16 transactions as compared to session 771’s trading results which showed consideration of $4,098,604 from 69,362 shares traded in 10 transactions.
(Prepared by the Guyana Marketing Corporation andpublished by Stabroek Business as a public service) 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.
The announcement last week that the Guyana Revenue Authority (GRA) had intercepted a boat containing cargo (foreign chicken and mosquito coils) seemingly intended for illegal placement on the local market, makes two points; first that the GRA, through its enforcement mechanisms, now appears more determined to thwart customs evasion by smugglers and to improve on the collection of such revenues as accrue to the state.
Last Sunday’s UncappeD Marketplace event marked another potentially key phase in the protracted search for a place of prominence in the country’s economic ‘sun’ for the agro processing sector.
The role of a Director in governance is very important as organisations are led from the top.
Yonette McPherson typifies the dogged determination of the thousands of Guyanese comprising the agro-processing community, whose pursuits are shaped, mostly, by a necessity to make a living that is both honest and adequate.
By Paul Randall I was leaving Guyana a few days ago, when I read a copy of the Guybiz Inc.
It was Guyana’s abundant supply of a range of tropical fruit and their value-added potential that largely influenced the decision by vintner, Warren Douglas to part company with the United States and return home.
At least thrice monthly, the local company, Biso Investments exports shipments of fresh fruit and vegetables, including pineapple, watermelon, ground provision, and pumpkin to Barbados under an arrangement with two supermarkets on the CARICOM island.
Guyana is by no means the only Caribbean Community (CARICOM) country that is gearing itself to cash in on the current high global demand for coconuts.
Stock market updates
(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)
Gold Prices for the three day period ending Thursday May 03, 2018
With high unemployment – particularly in the non-coastal areas of Guyana being one of the national challenges which we have been unable to sufficiently roll back, news of the planned commencement of operations of Guyana Manganese In.
Minister of Business Dominic Gaskin has conceded that Guyana must take full responsibility for the circumstances that led the country’s loss of its multi-million-dollar United States catfish market but says that government will work towards satisfying the conditionalities necessary for that market to be regained.
Prospects for transforming Essequibo into a key tourist hub are likely to be significantly enhanced with the completion of the $89 million Supenaam Waterfront Development Project, the centerpiece of which is expected to be the remake of the existing stelling facility to house a range of modern conveniences.
Even as Guyana persists in what, over the years, has been a far from successful effort to stave off the proliferation of fake food imports resulting from illegal relabelling and transactions involving the lucrative importation of ‘cut price’ fake foods, mostly from parts of Asia, reports from Africa, particularly, suggest that others, as well, are paying a high price for their failure to fend off illegal fake food imports.
When Stabroek Business met with Sarran Lallbachan at his Charity office on Saturday he was ‘sitting in’ for his father, Kumar who he told us is currently out of Guyana.
Having seemingly set its sights firmly on creating an enhanced level of local market acceptance for the local manufacturing sector, the Guyana Manufacturing & Services Association (GMSA) was this week finalizing arrangements for the staging of UncappeD 11, the second of what is envisaged as a series of marketing initiatives aimed at popularizing locally manufactured products.
No matter how diligently we searched during our photographer’s visit to the Stabroek Market last week, we could find no evidence of any vegetable on sale at a unit price of above $100.00.
With the country’s major food outlets now – perhaps more than ever before – swamped with an overabundance of regional and extra-regional cereals and porridge preparations, the Ministry of Agriculture says that the Guyana Marketing Corporation’s Robb and Alexander streets Guyana Shop is being pressed into service in an effort to accelerate the popularization of similar local foods.
The Government of Guyana is currently working to develop a Secured Transaction Framework (STF) to enhance the credit environment in Guyana.