Corentyne dreading demise of sugar estates

-pinning hopes on Nand Persaud acquisition of Skeldon assets

There are unmistakable signs of jitteriness in the Coren-tyne business community. It extends across the business support organisations and into the businesses themselves.

Oil and gas no sure thing for prosperity

– GMSA President

Guyana’s economy could still falter, the imminent exploitation of oil and gas notwithstanding, unless we remain focused on “the broader imperatives of supporting investments and job creation across our society”, according to the President of the manufacturers association, Shyam Nokta.

Plant Protection Organisation keeping close watch on imports

-370 import permits cleared for food crops up to September

With domestic food security continuing to be a matter of the highest national priority, the National Agricultural Research and Extension Institute (NAREI) says that the protection of the country’s agricultural sector from the introduction of imported pests and diseases continues to the focus of the National Plant Protection Organization.

Stock market updates

GASCI ( Nº 223-6175/6) reports that session 741’s trading results showed consideration of $27,708,720 from 206,687 shares traded in 9 transactions as compared to session 740’s trading results which showed consideration of $2,328,445 from 11,794 shares traded in 6 transactions. 

DDL’s investment disclosure

The disclosure yesterday that DDL is looking to invest $10 billion dollars in consolidation and expansion initiatives over the next three years is good news in more ways than one.

Nand Persaud & Company aiming at tougher sugar challenge

Having made its mark in the rice industry...

If Rajendra Persaud, one of the two brothers who sit at the helm of Nand Persaud and Company Ltd, is disappointed over the fact that the company will now have to formally restate its interest in the acquisition of the Skeldon Sugar Factory, he does not show it.

US food safety laws closing in

-non-compliance could cost Guyana big

Failure to comply with the regulations set out in the 2011 United States Food Safety Modernization Act (FSMA) could result in Guyana losing a US market for fresh and processed foods worth more than $1.4 billion, including spices and condiments worth in excess of US$1.4 million dollars.

A new chapter in Guyana/Cuba relations?

This week’s departure of a consignment of local rice for Cuba lends continuity to a series of developments in business relations between Guyana and Cuba which would appear to be heading in the right direction.

The Auditing Process – Now and the Way Forward

  By John Seeram   There has been much writing and talk in the media and elsewhere on the performance of organizations in both the public and private sectors as it relates to transparency and accountability.

Barbados sticking with tourism-driven services economy

Widely recognized the world over for its service sector and notably its tourism industry, Barbados will be sticking to the economic model that has worked best for the country over the years, its Minister of Tourism and International Transport Richard Sealey says.

Kitco Market Data

Gold Prices for the three day period ending Thursday September 28, 2017                 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Local private sector for Havana International Fair

GCCI, Cuba Chamber to sign MOU

Following on the recent significant breakthrough for the Guyana  rice industry on the Cuba market, economic and trade relations between the two countries are expected to be further concretized with the signing of a Memorandum of Understanding between the Georgetown Chamber of Commerce and Industry (GCCI) and the Cuban Chamber of Commerce.