Business

LUCAS STOCK INDEX
The Lucas Stock Index (LSI) declined slightly by 0.14 per cent in the second week of trading in March 2013.  Four stocks traded with Demerara Bank Limited (DBL), Demerara Tobacco Company (DTC), and Guyana Bank for Trade and Industry (BTI) recording no change and Banks DIH (DIH) recording a loss of 1.16 per cent.
LUCAS STOCK INDEX The Lucas Stock Index (LSI) declined slightly by 0.14 per cent in the second week of trading in March 2013. Four stocks traded with Demerara Bank Limited (DBL), Demerara Tobacco Company (DTC), and Guyana Bank for Trade and Industry (BTI) recording no change and Banks DIH (DIH) recording a loss of 1.16 per cent.

A better functioning market might be needed (cont’d)

Market works wonders In our first piece, we began the inquiry into the functioning of markets in Guyana noting that the members of the private sector-households and the business community-were inextricably locked in a dependent relationship of mutual survival.

A Surinam Airways 737 aircraft

More Miami flights on the cards

Surinam Airways is moving to increase the number of its scheduled weekly flights between Georgetown and Miami in response to the high demand from its Guyanese passengers, the Airline’s Guyana Station Manager Rudi Westerborg said in an interview earlier this week.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 502’s trading results showed consideration of $2,665,264 from 76,979 shares traded in 15 transactions as compared to session 501 which showed consideration of $1,756,747 from 22,597 shares

Small Business Bureau Chief Executive Officer Derrick Cummings

US$10M LCDS alternative livelihoods project for month-end launch

Stabroek Business has learnt that the long-awaited formal launch of the LCDS Micro and Small Enterprise (MSE) and Building Alternative Livelihoods for Vulnerable Groups project, which will be administered by the Small Business Bureau situated within the Ministry of Tourism, Industry and Commerce, will take place before the end of March.

Solid Waste expert
Rhonda Sherman

US expert sees link between composting and safe solid waste disposal

A US expert on compost production and solid waste disposal, who is here to work with local farmers on maximising the transformation of backyard waste into useful manure, has told Stabroek Business that understanding the value of backyard waste can contribute to the creation of more efficient and safe regimes for the disposal of solid waste.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 501’s trading results showed consideration of $1,756,747 from 22,597 shares traded in 12 transactions as compared to session 500 which showed consideration of $12,493,690 from 195,200 shares traded in 19 transactions.

Guyana moving closer to promoting wedding tourism

Guyana could shortly be joining other Caribbean countries currently engaged in actively promoting the region as a wedding tourism destination if efforts are successful to have amendments made to existing legislation governing marriage licences.

Agriculture Minister Dr Leslie Ramsammy

Ramsammy pushing ‘buy local’

Agriculture Minister Dr Leslie Ramsammy has been sounding off on what he says is the desirability of Guyanese assuming a more assertive buy local posture, while warning local agro-processors to ensure their products secure official certification from the Food and Drugs Department or they will effectively be barred from local supermarket shelves.

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