Business

Neal and Massy (Guyana) Deo Persaud
Neal and Massy (Guyana) Deo Persaud

N&M (Guyana) continues to shine

For the second successive quarter, the performance of the Guy-ana operations of the Trinidad and Tobago-based Neal and Massy Group of Companies has been singled out by Group Chair-man Arthur Lok Jack for its contribution to the company’s overall revenue increase.

Jamaica backing its sugar industry

Jamaica would appear to be following Guyana’s lead in continuing to place its faith in sugar production with last Thursday’s announcement by the Ministry of Agriculture and fisheries in Kingston that the upgrading of irrigation and drainage facilities in the industry has been

DIGICEL Chief Executive Officer Gregory Deane

DIGICEL not ruling out investment in local landline service

DIGICEL Chief Executive Officer Gregory Deane says the company is not ruling out post-liberalization investment in the country’s domestic landline telephone service though he says that the first order of business once the monopoly comes to an end would be to move to reduce the rates for overseas calls by providing competition in that area.

That pesky thing called maintenance

Appearance While income in the construction and engineering sector of the Guyana economy has been growing at the rate of 12 percent per annum over the last five years, there is an increasing lack of attention to a critical aspect of Guyana’s infrastructure. 

At the opening of the 2011 International Building Expo

2011 Building Expo spotlights Guyana’s housing drive

From home-seekers exploring construction financing options to commercial banks, building contractors and hardware merchants offering their various sector-related services, Guyana’s Second Annual International Building Expo attracted an estimated thousands of visitors and scores of service providers over the July 29-31, 2011 weekend.

Happy Anniversary AMERIJET!

The Florida-based international air cargo service, AMERIJET which  provides freight forwarding facilities to all CARICOM member states is currently celebrating the twentieth anniversary of its scheduled all-cargo service to Trinidad and Tobago.

Luis Inacio Lula da Silva

Bogota investment forum highlights Brazil’s strategic pursuits

Last week’s first Colombia-Brazil Investment Forum in Bogota featured a level of private sector discourse on trade, investment and economic cooperation between South America’s two largest economies that put into sharp perspective the strategy underpinning Brazil’s strategic pursuits in the hemisphere.

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 420’s trading results showed consideration of $1,765,625 from 44,350 shares traded in 7 transactions as compared to session 419 which showed consideration of $705,696 from 24,423 shares traded in 19 transactions. 

Offering expired food and drugs for sale

For several years now the Food and Drug Analyst Department has been complaining about the paucity of resources with which to carry out its functions which functions include the monitoring of food and drug imports with a view to determining their safety and fitness or otherwise for human consumption and ensuring, as far as possible, that expired foodstuff is removed from the shelves of supermarkets and outlets rather than sold to consumers at risk to their health.

A display of Global Hardware’s PPR pipe fittings

Global Hardware’s PPR pipe noticed at Building Expo

If Global Hardware gets its way the Polypropylene Random Copolymer (PPR) pipe which it currently manufactures and markets in Guyana and elsewhere in the Caribbean will seize a considerable share of the domestic plumbing market currently controlled by the familiar PVC pipe.

Goveia urges: Wait for official technical report on crash landing

Businessman and aircraft pilot Gerry Goveia has told Stabroek Business that the worst possible response that can come from the Caribbean in the wake of last Saturday’s Caribbean Airlines crash upon landing at the Cheddi Jagan International Airport, Timehri is to seek to definitively attribute blame ahead of “an official technical report” on the incident.

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