Business

While Guyana, and the Caribbean as a whole, are yet to make a meaningful mark on the global market for tropical fruit, local fruit growers can take heart from the continually optimistic soundings of the Food and Agricultural Organization (FAO) regarding a growing market for the world’s leading tropical fruit, much of which are produced locally.

Despite a reported steady annual increase in the country’s earnings from its tourism industry, Jamaica’s reliance on tourism as a tool with which to improve the country’s economy continues to come under scrutiny.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 448’s trading results showed consideration of $876,662 from 57,708 shares traded in 7 transactions as compared to session 448 which showed consideration of $1,922,391 from 89,948 shares traded in 12 transactions. 

Several of the country’s leading private sector enterprises will participate in a one-day Job Fair organized by the Rotary Clubs of Georgetown and Demerara on Sunday March 3 in an initiative that seeks to respond to the challenge of scarce skills afflicting affecting the business community.

Several of the country’s leading private sector enterprises will participate in a one-day Job Fair organized by the Rotary Clubs of Georgetown and Demerara on Sunday March 3 in an initiative that seeks to respond to the challenge of scarce skills afflicting affecting the business community.

The manner in which the state does business with the private sector is one of the recurring themes in the annual reports of the Auditor General.

Excuse me sir

Expansion The expansion of the construction sector has provided impetus to the mortgage market.

The 2010 Report of the Auditor General has cited what it says are more than 3,000 cases of business houses in Regions 2, 3, 4 and 10, which are registered to sell alcohol, failing to renew their liquor licences for that year.

Professor Dr Bourne served as President of the Caribbean Development Bank from May 1, 2001 to April 2011.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 448’s trading results showed consideration of $1,922,391 from 89,948 shares traded in 12 transactions as compared to session 447 which showed consideration of $804,492 from 73,001 shares traded in 4  transactions. 

In a matter of a few weeks the Guyana Public Service Cooperative Credit Union will celebrate the 48th anniversary of its establishment.

FW Raiffeisen who holds the distinction of having organized the first ever credit union in Germany some time during the nineteenth century is reported to have said: “Credit Unions must not confine themselves to granting loans.

Differing Impressions After listening to the Presi-dent’s speech before the Parlia-ment last Friday, it was easy to see why many Guyanese were left with differing impressions of his remarks. 

Somat Ali is not bothered in the least about the fact that his business enterprise is tucked away in the quiet East Coast Demerara village of Mon Repos, more than a mile from the public road.

RedJet’s Chief Executive Officer Ian Burns has dismissed speculation that the company has any short-term plans to extend its low-fare air travel plans to Brazil.

The Caribbean will have to continue to endure a reduction in visitor arrivals from the United Kingdom in the face of continued official resistance to the removal of the controversial Air Passenger Duty (APD) on airline tickets.

2010 AG report

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 447’s trading results showed consideration of $804,492 from 73,001 shares traded in 4 transactions as compared to session 446 which showed consideration of $$2,338,910 from 123,146 shares traded in 14 transactions. 

One of the Caribbean’s best known investment managers, the Barbados-based Fortress Fund Managers, says the performance of Guyana’s economy places it foremost on the list of Caribbean territories in which it is earnestly seeking new opportunities to broaden its investment thrust.