(Jamaica Observer) – “To be honest, we were forced to. Sometimes you change things because you foresee things or because you are forced to,” said Ueli Bangerter.
The visit last December to Guyana by officials of the Russian company RUSAL, the majority shareholder in the local company Bauxite Company of Guyana Inc (BCGI) in an effort to end a longstanding industrial relations’ dispute involving workers and management may have paved the way for an improved relationship between the two sides, General Secretary of the Guyana Bauxite and General Workers Union (GB&GWU) Lincoln Lewis has told the Stabroek Business.
A nine-year-old local music school has been awarded a $1 million grant along with a one-year capacity-building support system through the Small Business Bureau (SBB) designed to equip the institution with the capacity to develop sound and prudent financial best practices in order to facilitate its continued financial growth.
The visit to Brazil in May by a delegation of heads of various state agencies including the Guyana Office for Investment (GO-Invest), the Guyana National Bureau of Standards and the Lands and Surveys Department and the more recent visit here by a delegation of Trinidad and Tobago business leaders under the auspices of that country’s Chamber of Commerce were both focused, in large measure, on exploring trade and investment opportunities, which is among the issues that have featured in national discourses on the performance of the country’s economy and the prognosis for the future.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 725’s trading results showed consideration of $2,132,670 from 16,726 shares traded in 11 transactions as compared to session 724’s trading results, which showed consideration of $655,570 from 1,553 shares traded in 7 transactions.
Even as the Mayor and City Council (M&CC) has announced that it will allow the Metered Parking Committee until the end of July to conclude negotiations with the parking meter company Smart City Solutions (SCS), a well-placed George-town Chamber of Commerce and Industry (GCCI) source has told Stabroek Business that should the issue of the implementation of parking meters in the city surface again “in its present form” it will continue to face “stiff and aggressive objection” from much of the business community.
On Wednesday, the customary groups of Cubans who now congregate in the city were braving the brisk early morning showers to do so.
Balancing the imperative of economic development against the responsibilities of environmental mindfulness will, in the period ahead, be one of the biggest challenges that Guyana will have to confront.
By Karen Abrams I have a good friend who lives in Guyana; his 11-year-old son recently sat his National Grade Six Assessment exam and this young man is special.
By Brooke Glasford Mass production and fast fashion have created for buyers a slavish addiction to cheap clothing.
GASCI reports that session 724’s trading
The Guyana Chapter of the Women’s Entrepre-neur-ship Network (WEN-G) has responded positively to an invitation from the Small Business Association of Jamaica to attend the July 19 – 21 Inaugural Caribbean Micro, Small and Medium Enterprises (MSEs) Conference in Montego Bay, President of the local Chapter Junette Stewart has told Stabroek Business.
GASCI Summary of Financials Session 724 June 05, 2017
Young Guyanese seeking to break into entrepreneurship in the digital industry will be afforded the opportunity to place their ‘offerings’ on display at a Developers Exhibition (Dev X) from August 4 – 31, 2017.
Even as hinterland communities face challenges in the quest to transform their agricultural initiatives into profitable business ventures, the Ministry of Agriculture has stated that the Guyana Marketing Corporation (GMC) in collaboration with the Canada-backed Promotion of Regional Opportunities for Produce through Enterprises and Linkages and the Inter-American Institute for Cooperation in Agriculture has completed a Cost-of-Production Workshop at St Ignatius Village that targeted farmers and agro-processors in Region Nine.
Kitco Market Data Gold Prices for the three-day period ending Thursday June 8, 2017
(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.
Arising out of the media briefing earlier this week by Chief Inspector of the Guyana National Bureau of Standards (GNBS) Mr Shailendra Rai, we now know that hundreds of measuring devices including scales, masses and rulers that have not been verified as reliable and accurate were being employed to weigh and otherwise measure quantities in the business sector.
Chief Executive Officer of the Guyana Office for Investment (GO-Invest) Owen Verwey has proffered an upbeat assessment of the recent visit to Brazil by a delegation of functionaries from a number of state agencies at the invitation of the Federation of Industries of the State of Roraima, which, his assessment suggests, points to the likelihood of a closer cooperation between the two countries in various key areas of key mutual economic interest.
Concerns expressed by members of recently created gold mining syndicates arising out of what they say are delays in the processing of applications for the allocation of state lands for mining were expected to get the attention of Cabinet this week.
The potential, opportunities and challenges inherent in the development of river fronts as an economic opportunity and as a development that will contribute to the building of a viable tourism infrastructure in Guyana will be the focus of a June 30 development forum as part of the broader Linden River Front Festival.