Business

Tall structures like this one don’t necessarily say much about economic conditions in the ancient county
Tall structures like this one don’t necessarily say much about economic conditions in the ancient county

East Berbice waiting for economic boom

Evidence of heightened economic activity as reflected in the number of high rise buildings being erected in the New Amsterdam area may be concealing more deep-seated economic problems in parts of Region Six where the too few jobs manifests itself in evidence of idleness particularly among young people.

Women in Business

New opportunities may lie on the horizon for Guyanese women in business following the establishment in March of a regional organization named Women Entrepreneurs (WEN), a US State Depart-ment-backed organization that is concerned with identifying resources available through international organizations with which to support the growth and development of women-run enterprises in the region.

Raising hopes and aspirations

Early Appeal As Guyanese were coming to the endof the Lenten Season, they were presented with a new fiscal offering from the newly constituted Donald Ramotaradministration. 

Business Briefs

Trading with Europe still tough despite EPA Trading with Europe is likely to continue to prove difficult despite the presence of the CARIFORUM Economic Partnership Agreement (EPA) and Barbadian businesses are coming to terms with the reality that

NOTICE

Due to circumstances beyond our control we were unable to publish part II of the promised three-part series on Performance management Practices by the Trinidadian consultant Averil Williams.

President GAS Karl Persaud

Bee sector needs commercial bank backing – society President

Guyana’s apiculture industry may still be light years away from matching the honey production levels of the global giants but President of the newly formed Guyana Apiculture Society (GAS), Karl Persaud believes that there are significant economic gains to be realized from the sector if it can secure a heightened level of private sector interest and a more generous measure of public sector support.

Roussef worried over easy credit

Brazil’s President Dilma Rousseff has voiced her country’s concern to US President Barack Obama over what she says are policies by developed countries that allow for easy credit, threatening the growth of emerging economies like Brazil’s.

The ocean Saratoda oil rig

Budget highlights role of extractive industries

Government continues to ‘talk up’ the dominant role which the extractive industries  are poised to play in the Guyana economy with Finance Minister Dr Ashni Singh using his 2012 budget presentation to outline the positioning of those industries as major contributors to what he described as the country’s “economic transformation over the next five years.”

LUCAS STOCK INDEX  The LSI remained unchanged in the first week of trading in April 2012.  All three stocks that traded, Banks DIH (DIH), Demerara Bank Limited (DBL) and Demerara Distillers Limited (DDL), recorded no change in value.  As a consequence, the index remained 2.43 points above the Treasury yield.

Power and finance

Scrutiny In the last few days, the Guyana Power and Light Company (GPL) has come under intense press scrutiny for a financial decision that it made about generators used in its operations.

Performance Management Practices: It’s not an HR ‘Thing’ – Its ‘The’ way of managing business

 This is the first in a series of three articles on Performance Management Practices prepared for The Stabroek Business by the Mersu Caribbean Consulting Group, a Trinidad and Tobago-based Image Management, Public Relations and Business Consulting Group  By Averil Williams    The current global recession has forced companies worldwide; to take a step back and utilize their analytical lenses to relook the way performance management is handled, and to enhance the methods that are used in conducting business.

Market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 454’s trading results showed consideration of $2,586,742 from 213,324 shares traded in 10 transactions as compared to session 453 which showed consideration of $1,059,385 from 78,653 shares traded in 10 transactions. 

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