Market Prices

(Prepared by the Guyana Marketing Corporation andpublished by Stabroek Business as a public service)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 784’s trading results showed consideration of $71,962,251 from 198,743 shares traded in 13 transactions as compared to session 783’s trading results which showed consideration of $30,770,258 from 193,629 shares traded in 10 transactions.

Use them or lose them – former Republic Bank boss

Oil and gas local content openings:

With the country’s more than 100 years of experience in the oil and gas industry the prospects for Trinidad and Tobago making a meaningful contribution to the building of a strong oil and gas base in Guyana are “considerable,” according to retired Chairman of the Republic Bank group David Dulal-Whiteway.  

Small businesses will access 20% share of gov’t contracts from 2019

-solutions still being sought to implementation challenges

Local small businesses and business aspirants eagerly awaiting opportunities to secure more generous shares of government contracts to provide goods and services across the sectors will likely not be able to do so for at least some months yet, according to the Ministry of Business.

The women of WADN

While many men would probably be loathe to admit it, the available evidence points to the fact that women have long been at the forefront of the growth and development of the manufacturing sector in Guyana.

Commercial banks not averse to small business lending –former Republic Bank Chairman

-risk-mitigation a key factor

Against the backdrop of frequent expressions of frustration by local small business owners and entrepreneurial aspirants regarding what they say is a less than welcoming posture by commercial banks towards making borrowing available for the creation of new enterprises and the consolidation of emerging and frequently struggling ones, a leading regional banking figure has told the Stabroek Business that relationships between commercial banks and their borrowers cannot be separated from the compulsory requirement of borrowers to meet the critical conditions that are vital to the protection of the interests of the banks’ depositors.

Market prices

(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.

An ‘oil economy’ and a strategic plan for agriculture

One good sign in the ongoing discourse on the commencement of oil exploitation in 2020 and the implications of the returns from it for the country’s future and direction of the economy is that it is not being allowed to entirely drown out the urging that other vital sectors not be ignored.

Illegal gold mining in hemisphere more profitable than drugs – report

-Guyana’s smuggling problems could be linked to broader criminal ties

Guyana is one of a number of countries in the hemisphere that continue to be affected by illegal gold mining and the unregulated movement of gold out of the country which, in the instances of some of the affected countries, are linked to organized crime the returns from which could  exceed even those extracted from the cocaine trade.  

Georgetown Chamber Business Forum opens today: No ‘talk shop’ – Indar

Seized, it seems, with a renewed sense of urgency arising out of the limited results secured so far from efforts to grow the entrepreneurial profile of much of the local business sector, the Georgetown Chamber of Commerce and Industry (GCCI) will, beginning this morning, stage a forum which Chamber President Deodat Indar has told Stabroek Business will seek to bring businesses and business support institutions together in an effort in an effort to ensure that such support services as are required to optimize business growth are placed at the disposal of both established and emerging entrepreneurs.

Keeping coastal-hinterland road, air links open must be a national priority – Gouveia

The social, economic and national security significance of the retention of strong links between the hinterland and coastal regions of Guyana means that keeping lines of communication open, “whether these be by land, sea or air” ought of necessity to be “considerations of national priority,” Chief Executive Officer of Roraima Airways Gerry Gouveia told the Stabroek Business on Tuesday.  

Laying the groundwork to realize Guyana’s tourism potential

By Brian Mullis Director                       Guyana Tourism Authority Travel and tourism will outperform the global economy throughout the next decade, growing by an expected 3.8% on average annually over the next ten years according to the World Travel & Tourism Council’s (WTTC) 2017 Travel & Tourism Economic Impact World report. 

GMC offering ‘street marketing’ opportunities for agro processors

With both the public and private sectors now seemingly focused on stepping up the pace of efforts to expand both the domestic and external markets for agro-processed products, local agro processors have been granted yet another of a number of modest openings to go beyond the established outlets in their quest to take their products to a limited local market.

Are the Caribbean’s wealthy new citizens a lifeline or a liability?

ST GEORGE’S, Grenada,  (Thomson Reuters Foundation) – Investing in the tropical Mount Cinnamon Resort in Grenada, with its white sand beaches, buys more than a slice of paradise – it comes with citizenship and a passport with visa-free entry to almost 130 countries.

Kitco Market Data

Gold Prices for the three-day period ending Thursday July 19, 2018Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

(Prepared by the Guyana Marketing Corporation andpublished by Stabroek Business as a public service) 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 782’s trading results showed consideration of $2,784,068 from 14,391 shares traded in 8 transactions as compared to session 781’s trading results which showed consideration of $8,885,564 from 31,651 shares traded in 8  transactions.

GUYTIE

If the recent promotional event at the Marriott Hotel is anything to go by it appears that there is considerable enthusiasm for the September 19th – 22nd Guyana Trade and Investment Exhibition (GUYTIE) which brings together the local public and private sectors in collaboration with the Caribbean Export Development Agency (Caribbean Export), its mission being to launch an experimental initiative in an effort to kick-start a long overdue project aimed at providing results-oriented interaction between local export-ready entities and buyers outside of Guyana with a view to significantly expanding overseas markets for locally manufactured products.  

Manufacturers hostage to onerous tax regime, dumping, high energy costs – Fibre Tech Boss

When you peruse the showroom at Fibre Tech Industrial Plastics tucked away on Agriculture Road, Mon Repos, a stone’s throw away from the National Agricultural Research and Extension Institute (NAREI) you are inclined to think that it is misplaced, that it ought to occupy space in downtown commercial Georgetown, where more eyes can see what the company has to offer.

Rain-affected interior roads creating havoc in timber industry – GMSA

-100,000 m3 of wood undelivered

The significant worsening of conditions of access roads “across the regions of Essequibo, Demerara and Berbice” is creating conditions bordering on a crisis in the timber industry, according to a release issued yesterday by the Guyana Manufacturing and Services Association (GMSA).

Subliminal messaging in marketing

I’m currently renovating a space and in observing the things I was drawn to I slowly realized that a lot of things I liked were pretty mainstream.

Public/private sector group briefed on water distribution, waste water tech

A two -day workshop designed to bring Guyana’s private and public sectors up to date with the latest technologies in a range of fields including water transmission and distribution and waste water treatment wrapped up here Wednesday afternoon with participants agreed that Guyana must embrace the latest technologies if it is to be competitive in offering quality products and services to local and international markets.

Market prices

(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.

Kitco Market Data

Gold Prices for the three day period ending Thursday July 12, 2018

Drone technology and the agricultural sector

There is probably a case for suggesting that the current (understandable) preoccupation with the imminent commencement of oil exploitation offshore Guyana and what this could mean for the future economic shape of our country could serve as a distraction from other equally important issues that have a bearing on the economy of our country and the well-being of our people. 

Last year 137 more farms cleared to export fresh fruit, vegetables

-Quarantine Department steps up ground, sea, aircraft inspections

With cross-border access into Guyana having long been relatively easy, protecting the country’s territory must focus not only on keeping undesirable elements out but also on protecting the population from ‘invasion’ by non-human yet harmful elements that could compromise the nation’s security no less seriously than armed invasion.  

Guyana’s small business procurement programme

The Government of Guyana is seeking to maximize the impact of public spending on the economic well-being of its citizens and the Small Business Procurement Programme is one means of achieving this.

Business School rolling out new programmes

One of the world’s leading professional marketing bodies, the United Kingdom-based Chartered Institute of Marketing (CIM) has issued a commendation to the Georgetown-based Business School “for the exceptional performance of its students at the Institute’s July 2017 assessments,” Chief Executive Officer and Principal of the school, James Bovell has told the Stabroek Business.

Vision, values and a garage jack

– The story of Reyead Auto Service

Reyead Shadeek believes that poor customer service has contributed significantly to undermining the reputation of the motor mechanical industry and he wants to do something about it.

Gold Prices

Gold Prices for the three day period ending Thursday July 5, 2018Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 780’s trading results showed consideration of $623,750 from 648 shares traded in 4 transactions as compared to session 779’s trading results which showed consideration of $10,471,800 from 60,802 shares traded in 5 transaction.

Price Market

(Prepared by the Guyana Marketing Corporation andpublished by Stabroek Business as a public service)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.