Business

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 306’s trading results showed consideration of $249,400 from 18,450 shares traded in 7 transactions as compared to session 305 which showed consideration of $822,195 from 4,567 shares traded in 6 transactions. 

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.
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.

Average retail prices at city markets on 04-06-09

(Prepared by the Guyana Marketing Corporation and published by Stabroek News Business as a public service.)

The Relentless

New fibre optic cable will put country on brink of ICT breakthrough – Singh

All bandwidth needs will be taken care of Possible Brazil link under discussion As the Guyana Telephone and Telegraph Company (GT&T) continues to work towards its deadline of the second quarter of 2010 for the operationalizing of a new multi-million dollar fibre optic cable to service the country’s telecommunications sector, the company’s Chief Executive Officer Major General (ret’d) Joe Singh has told Stabroek Business that the completion of the project will place the country’s Information and Communications Technology (ICT)  sector on the threshold of a significant breakthrough.

Young potential entrepreneurs at a GYBT business frum

Twenty youths for IDB-funded entrepreneurship programme

Guyana Youth Business Trust to provide loans, mentors for ‘graduates’ Twenty prospective young Guyanese entrepreneurs will, on June 1, commence a nine-week Inter-American Development Bank (IDB)-funded training programme aimed at equipping them with skills necessary to start and sustain  viable business enterprises.

Nicola Lewis

Divine Diva wants to empower women seeking ‘beauty’ careers

`Permanent make-up’ course on offer The launch today of the new Divine School of Infinite Beauty at Craig on the East Bank of Demerara will provide aspirants to careers in Guyana’s fast-growing beauty sector with an opportunity to acquire skills in some of the most advanced fashion and beauty application techniques available.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 305’s trading results showed consideration of $822,195 from 4,567 shares traded in 6 transactions as compared to session 304 which showed consideration of $7,455,930 from 645,821 shares traded in 10 transactions. 

Chief Executive Officer Major General (ret’d) Joe Singh

ATN to mull ‘first refusal’ offer on govt’s GT&T shares – Singh

Says Brassington’s disclosure could have been handled differently The announcement by the Government of Guyana that it is offering Atlantic Tele-Network (ATN) first refusal on a buyout of its 20 per cent shares in the Guyana Telephone and Telegraph Company (GT&T) is likely to be on the agenda of the local telecommunications company’s majority shareholder at its next meeting, according to the company’s Chief Executive Officer Major General (ret’d) Joe Singh.

The Business Editorial

Protecting legitimate exports from the taint of drug trafficking As if the already existing challenges associated with external market access for locally produced goods had not already impacted significantly on export earnings and, in at least one case, forced the closure of operations by at least one company, we are now confronted with the  additional, self-imposed impediment  to accessing markets in the United States that has to do with the proliferation of drug trafficking through concealment in  various known and legitimate exports including pepper sauce, fish, vegetables and some wood products.

Rice industry in chaos – Doerga

Action committee charges absence of democracy in Rice Producers Association Chief Executive Officer of the Alesie Group of Companies, Turhane Doerga  is taking the government to task over  what he says is the undemocratic manner in which the local rice industry is being administered and has told Stabroek Business that the “dictatorial manner” in which the industry is managed  could seriously  compromise its  future at a time when rice is being cited by the Food and Agriculture Organization (FAO) as a critical commodity in the global response to an impending international food crisis.

Tough times: Local craft on display

Slowdown hits craft market

-Brazil, Venezuela targeted Finding extra money to splurge on a keepsake, it seems is more difficult for visiting Guyanese, as the craft sector is reporting declining revenues from its main support base.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 304’s trading results showed consideration of $7,455,930 from 645,821 shares traded in 10 transactions as compared to session 303 which showed consideration of $136,717 from 12,777 shares traded in 5 transactions. 

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