Business

The Bristol complex at New Amsterdam
The Bristol complex at New Amsterdam

Bristol Shopping Mall seeks to sustain commercial life in New Amsterdam

There is a sense in which New Amsterdam’s recently commissioned four-storey Bristol Shopping Mall and Restaurant (the proprietor sometimes favours the more long-winded title Bristol-Apollo Lounge, Canje Pheasant Restaurant and Mini Mall) defies the widely-held notion that social and political instability in Guyana serves as a disincentive to attracting Guyanese in the diaspora to invest here.

Scock Market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 522’s trading results showed consideration of $2,741,000 from 131,110 shares traded in 7 transactions as compared to session 521 which showed consideration of $1,446,395 from 9,649 shares traded in 14 transactions.

Clinton Williams

Business support organisations call for end to Amalia impasse

Local business support organisations continue to lobby for an end to the impasse which is stymieing the passage of legislation that will clear the way for the government to forge ahead with the Amalia Falls Hydroelectric Project, while seeking to steer clear of the political minefield that has arisen over the project.

US charges five in biggest credit card hacking case

NEWARK, NJ/BOSTON (Reuters) – US prosecutors have charged five foreign nationals with payment card theft resulting in more than $300 million in losses for companies in the US and in Europe in what they described as the country’s largest hacking fraud case in history.

Is the local art and craft industry marking time?

We are yet to hear any further details of what we were told was a string of unfortunate occurrences that led to a number of exhibitors from Guyana being unable to participate in an Atlanta, USA trade fair and exhibition in which they had invested considerable sums of money, hoping, presumably, to recoup (at least) some of their investments through sales and, in the longer term, to create more permanent markets.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 521’s trading results showed consideration of $1,446,395 from 9,649 shares traded in 14 transactions as compared to session 520 which showed consideration of $1,175,126 from 44,632 shares traded in 8 transactions. 

Time for police plan to counter crimes targeting businesses – chamber head

The validity of official assertions targeting potential investors that Guyana is “open for business” cannot be sustained in circumstances where, so often, the authorities demonstrate “a lack of capacity to protect the local business community from vicious criminal attacks,” Georgetown Chamber of Commerce and Industry (GCCI) President Clinton Urling says.

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