Business

Crime and its implications for citizens’ security in the Caribbean have once again come into sharp focus through the first ever Caribbean Human Develop-ment Report in Citizen Security.

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(Jamaica Observer) The United States will be reaching out to the Caribbean private sector and Diaspora to link US businesses with their regional counterparts through an initiative dubbed Caribbean Idea Marketplace.

Village Conditions The village of Victoria, located about 18 miles from Georgetown, has begun preparations for hosting the second Indaba (conference) in an effort to take control of its economic future and to bring greater economic and financial success to its residents. 

The July 1 to 15 Tropical Timber Market (TTM) Report produced by the International Tropical Timber Organization (ITTO) has raised concerns over the level of wood waste generated by the timber industry in neighbouring Brazil owing to inefficient harvesting and processing procedures.

While most of the East Bank Demerara village of Craig is still asleep, the warm, buttery smell of bread and pastry drifts into nearby homes from a small bakery that has become a fixture in the community.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 417’s trading results showed consideration of $1,650,177 from 62,452 shares traded in 11 transactions as compared to session 416 which showed consideration of $200,005 from 2,353 shares traded in 1 transaction. 

Along the southernmost isle at the Stabroek Market there is a row of tiny food stalls which have been serving spicy curries on beds of hot rice to hundreds of customers long before Guyana became independent.

A special session to facilitate interaction between Guyanese and Chinese entrepreneurs has been included in the September 12-13 Third China/Caribbean Economic Forum and Trade Exposition in Trinidad and Tobago.

Beneficiaries of the government’s low-income housing programme will save up to $76,000 on eight slings of cement purchased from TCL Guyana Inc for home-building purposes.

Aggressive Spending In articulating the national competitive strategy, there is no doubt that a major focus of the administration was expanding the export activity of Guyana. 

Less than 10 per cent of commercial banks’ retail customers are currently taking advantage of the internet and mobile banking services currently being offered by the local commercial banking system, according to a Scotiabank official.

Another confrontation between urban vendors and the Georgetown City Council may well be brewing as the municipality prepares to take action to clear up at least some of the vending congestion outside Stabroek Market.

Chief Executive Officer of the Roraima Group of Companies Captain Gerry Gouveia said he felt Minister Manniram Prashad’s response to Caribbean tourism body President Josef Forstmayr was excessive and unnecessary.

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GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 416’s trading results showed consideration of $200,005 from 2,353 shares traded in 1 transaction as compared to session 415 which showed consideration of $2,817,185 from 137,568 shares traded in 11 transactions. 

The Government of Guyana has just announced the allocation of a $222.9 million contract to the private sector firm Digital Technology for the supply of computers and accessories to secondary schools throughout the country.

Scotia Bank is to use this month’s Building Expo 2011 to promote the bank’s lower mortgage rates in support of the country’s accelerated housing drive.

Amidst what appears to be a collision course between Barbados and Trinidad and Tobago over the new Irish-owned low-cost regional airline, REDjet, the Kamla Persad-Bissessar administration appears to be advocating that a proposal for the Civil Aviation Authority in Guyana, Barbados, Trinidad and Tobago and Jamaica investigate its safety concerns relating to the airline.

In what, according to media reports emanating from New Delhi, was an open and shut multi-million dollar corruption scam, the Indian Textiles Minister Dayanidhi Maran tendered his resignation after it was disclosed that he sought to use his influence to coerce the founder of the privately-run mobile telephone company AIRCEL to sell his stake in the company to a competitor favoured by the now disgraced minister.