Business

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

New US$5m Polish-built M 28 Skytruck for Roraima fleet

Roraima Airways is awaiting final official approval before taking delivery of a new twin-engine passenger and cargo aircraft which Managing Director Captain Gerry Gouveia told Stabroek Business will significantly enhance the company’s local and regional air transport capabilities.

Monitoring imports

The Guyana National Bureau of Standards and the Food and Drugs Analyst Department are two of the country’s more important monitoring agencies and in recent years the critical importance of their respective roles have become increasingly apparent.

Digicel wants GT&T to put liberalization terms ‘on the table’

Guyana continues to experience the single most vigorous marketing rivalry in the country’s commercial history as the Guyana Telephone and Telegraph Company (GT&T) and its rival cellular service provider, DIGICEL, continue their unrelenting rivalry for the ‘hearts and minds’ of the local cellular market.

Open our borders to encourage skilled immigrants

Business drivers are tied to public policies in many ways. We constantly talk about reviving our nation’s economy, why we have so little foreign investment and why there is still so much poverty in our nation while smaller nations around us seem to thrive.

Region Eight mining transgressions

If the Guyana Geology and Mines Commission (GGMC) succeeds in making a case against the miners charged with illegally mining and destroying roads between Mahdia and North Fork earlier this year, the penalty for the offence could include the confiscation of mining equipment already impounded by the Commission, according to Acting Commissioner William Woolford.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

CET Cement controversy still in limbo

TCL Guyana Inc., (TGI) a subsidiary of the TCL Group of Trinidad and Tobago, the leading supplier of cement in the region, is adopting a ‘wait-and-see’ position in relation to the Government of Guyana’s continued waiver of the 15 per cent Common External Tariff (CET) on cement imported from outside the region.

Venezuela’s audacity

Earlier this week the Venezuelan Embassy in Georgetown issued a statement giving itself a huge pat on the back over the delivery by Caracas of 16,000 barrels of gasoline and diesel in response to an appeal by the Government of Guyana.

My Business perspective

I recently served as Chairman of the Guyana Fire Advisory Board and on many occasions issues and topics were debated and decisions made by members of the Board.

The world is flat

My week started on Sunday evening with a 9pm skype conference call with one of my vendors in China.

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