Business

$952M pre-tax profit for Ansa McAl

(Trinidad Express) – The ANSA McAL conglomerate has recorded revenues of $5.9 billion for its 2012 financial year, a 12 per cent increase over the previous year’s $5.3 billion.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 504’s trading results showed consideration of $4,074,966 from 80,355 shares traded in 12 transactions as compared to session 503 which showed consideration of $5,233,110 from 172,245 shares traded in 6 transactions. 

Procedural glitches stymie Guyana’s participation at Atlanta Trade Fair

Several Guyanese exhibitors who travelled to Atlanta, Georgia, USA earlier this month to take part in the March 16-18 Guyana Trade and Investment Expo reportedly suffered significant losses after encountering a series of organisational glitches associated with their preparation for the event, according to information received by this newspaper.

Stock Mareket Update

GASCI Summary of Financials Session 503 March 18,  2013 Notes 1 – Interim Results 2 – Prospective Dividends 3 – Shows year-end EPS but Interim Dividend EPS: earnings per share for the 12-month period to

Average wholesale and retail prices

(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.

The late Venezuelan President Hugo Chavez was the architeet of the agreement under which Guyana has been paying for its oil imports from Caracas with rice and Paddly exports

2013 rice pact with Venezuela on hold

Guyana has so far been unable to conclude a new contract for the supply of rice to Venezuela for 2013, which General Manager of the Guyana Rice Development Board (GRDB) Jagnarine Singh has put down to the preoccupation of Venezuelan officialdom with the illness and recent death of President Hugo Chavéz.

The  Region Three Chamber of Commerce exceutive members Ramesh Sugrim (Vice Chairman), Safraz Khan (Treasurer), Andy De Jesus (Assistant Treasurer) and Sase Shewnarain (President) visiting Stabroek News on Wednesday.

Region Three businesses jittery over ageing Demerara Harbour Bridge

Senior officials of the West Demerara Chamber of Commerce have told Stabroek Business that the strength of the links created between Georgetown and the business community west of the Demerara River has left the economic fortunes heavily dependent on the creation of a more secure means of traversing the Demerara River.

Guyana should participate in regional exporters’ colloquium

Up until now we have been unable to determine whether Guyana’s public or  private sector will be represented at the March 20-21 Caribbean Exporters’ Colloquium at the Hilton Barbados Resort during which, according to a media release from the Caribbean Export Development Agency (Caribbean Export), attendees “will be challenged to take an in-depth look at the report of the West Indian Commission – Time for Action – followed by an analysis of the region’s exports.”

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