Business

Market Prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service) The New Guyana Marketing Corporation has agreed to provide us

LUCAS STOCK INDEXThe Lucas Stock Index (LSI) increased slightly on very light trading following the Easter holidays in the first week of April 2013.  The 15,500 stocks of two companies traded with varying results.  Banks DIH (DIH), which saw 13,500 of its stocks change hands, increased its stock value by 0.58 percent while Demerara Bank Limited (DBL) traded a volume of 2,000 stocks with no change in value.  Consequently, the LSI moved up by 0.07 percent to 11.81 for the year.

Misplaced attitude

Functions of the Budget At the time of the annual budget proposal, Guyanese get to learn many things about the national economy. 

Kelvin Craig

New initiatives to popularize shadehouse farming

The steady popularization of shadehouse farming in coastal Guyana owes much to the contributions of the Inter American Institute for Cooperation on Agriculture (IICA), Partners of the Americas, a Washington-based non-governmental organization, the Inter-American Development Bank (IDB) and Caribbean Self-Reliance International (CASRI), a Canadian-based non-governmental organization.

Average wholesale and retail prices at rural and Urban Markets

(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.

Michael Correia (Jr)

Ogle Airport a reminder of the power of private investment – Correia

The success of the Ogle International Airport project represents “a startling reminder” of how private investment can be used to take the country forward by sharing with government the burden of infrastructure development costs, Chairman of Ogle Airport Inc (OAI) and Chief Executive Officer of Trans Guyana Airways Michael Correia Jr has said.

Legislation must help exporters meet international food safety requirements

Having said little in the previous months about the continual unfolding of restrictive regulations in the United States arising out of that country’s enactment of its new food safety legislation and the implications for food exports to the United States, the Government of Guyana has used its 2013 budget presentation to the National Assembly to provide the first significant indication that it is aware of the legislation and its implications.

LUCAS STOCK INDEXThe Lucas Stock Index (LSI) declined by 1.37 per cent in the fourth week of trading in March 2013.  The stocks of five companies traded with varying results.  Citizens Bank (CBI) came alive with a 325 increase in value.  Demerara Bank Limited (DBL) rose slightly by 0.35 per cent.  Like the previous week, the stock of Republic Bank Limited (RBL) recorded a loss, declining 34 per cent in value.  Banks DIH (DIH) and Demerara Tobacco Company (DTC), which also traded, recorded no change.

The 2013 tax concessions

Sudden willingness Without getting into the merits or demerits of the case, it is reasonable to say that the 2013 Budget has an unusual orientation towards the individual taxpayer.

Crime and business in Guyana

The following is a minimally edited address to the 2The surge in crime in Guyana started at the dawn of the new millennium– coinciding with the implantation of the transnational trade in illicit narcotics.

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