Business

We need a real doctor

Attractive Prices At the time of writing this article, the price of gold had jumped by US$17 to reach US$1,531 from its closing price of Tuesday. 

For more than 50 years a Bourda Market bush seller and her family have provided Guyanese with local plants including barks and roots and herbs for use as natural remedies for aches and pains.

Consumers who have traditionally been victims of unscrupulous business houses that provide commodities of less weight, volume or other form of measurement than advertised can now seek recourse in new regulations contained in the recently promulgated Consumer Affairs Act of 2011.

Visitors to this year’s three-day Building Expo can expect to receive information on the efficient use of solar energy in the domestic setting.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 415’s trading results showed consideration of $2,817,185 from 137,568 shares traded in 11 transactions as compared to session 414 which showed consideration of $290,525 from 13,007 shares traded in 3 transactions. 

Of the four components that comprise the Guyana Sugar Corporation (GuySuCo) – Agriculture, Factory, Human Resources/Industrial Relations and Finance – Agriculture is by far the largest; in quantitative terms Agriculture represents 65 per cent of GuySuCo.

A lack of “direct powers” of immediate and effective sanction by the now renamed Competition and Consumer Affairs Commission could impact negatively on the intention to provide a more generous measure of justice to consumers, the real intention behind the Consumer Affairs Act assented to in the National Assembly recently, according to a spokesman for the Guyana Consumers Association (GCA).

Pride One year ago, the people of Victoria convened their first Indaba (conference) to confront the economic plight and dim development shadow that hovers over the village. 

A year can sometimes make the world of difference in the fortunes of a business enterprise as the recently released 2010 Annual Report of JP Santos and Company Ltd reflects.

The Caribbean tourism industry may well have been thrown a lifeline by what now appears to be an imminent review of Britain’s controversial Airline Passenger Duty (APD) which came into effect on November 1 last year and has already impacted on ticket costs to the Caribbean.

Starr Computer Inc has commenced collaboration with the internationally renowned information technology company Samsung under a recently concluded distribution agreement by hosting two of the South Korean giant’s personnel to conduct training for its staff in the areas of technical support and administrative services.

Business Cartoons

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 414’s trading results showed consideration of $290,525 from 13,007 shares traded in 3 transactions as compared to session 413 which showed consideration of $854,608 from 98,531 shares traded in 7 transactions. 

Though no definitive pronouncement can be made on the real value of the new Consumer Affairs Act until we see how it works in practice, it has to be said that its intentions, as set out in the actual document are to be applauded.

Erratic rainfall patterns and shortage of capital pose perpetual threats to efforts to restore the sugar industry to a condition of viability, but the Guyana Sugar Corporation’s (GuySuCo) Board of Directors has also identified its skills’ shortage as an equally formidable hurdle to be crossed in the quest to salvage the industry.

Some local jewellers are guilty of passing off poor quality gold jewellery as top-of-the-line, high-carat items, stakeholders say, insisting that the largely unregulated nature of the industry poses a near insurmountable challenge to efforts to stamp out the practice.

There used to be a time when kitchen gardens were commonplace in the Caribbean.

LCDS

Legal Jeopardy One of the busiest market places in Guyana is the cambio, where foreign currency is bought and sold daily.