Prospects for the immediate-term fortunes of local rum manufacturers Demerara Distillers Ltd, in the light of what the company sees as a backing away from global free trade is likely to be one of the critical areas of interest, going forward, company Chairman Komal Samaroo says in the recently released 2017 annual report.
“While the front-loading of contracts and the securing of large contracts might be politically popular it might prove to be economically disastrous, University of Guyana Business Professor Leyland Lucas has said in an article that seeks, in part, to respond to the popular argument touting the virtue of so-called front-loading, that is, the drawing down of significant cash amounts of as yet unearned income from the oil and gas industry.
Against the backdrop of protracted public and private sector prevarication over the taking of steps to cater for the United States’ Food Safety Modernization Act (FSMA), a US diplomat here has dropped a broad hint that unless local companies whose ambitions extend to securing traction in the US market get their houses in order, they are likely to find themselves out in the cold.
By Leyland M. Lucas In the late 1990s, Guyana signed an Oil and Gas exploration agreement with Exxon’s subsidiary, EEPGL.
Hanoman Ramsaroop is a farmer ‘to the bone.’ On Fridays he makes his way to the Anna Regina Market to sell the vegetables cultivated on his farm situated off the Capoey access road.
(Prepared by the Guyana Marketing Corporation and published 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.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 765’s trading results showed consideration of $3,219,150 from 4,467 shares traded in 3 transactions as compared to session 764’s trading results which showed consideration of $13,637,192 from 241,690 shares traded in 13 transactions.
This is one of those ‘seasons’ when our municipal market are at their brilliant best, bursting at the seams with fresh fruit and vegetables at prices that bring out throngs of shoppers and generate the kind of bulk buying that gives rise to long periods of food storage.
After we had spoken with Visiting Professor at the University of Guyana’s School of Enterprise, Business and Innovation (SEBI), Professor Leyland Lucas, and his support staff early last week, we headed across to the new facility created to house the School.
While most types of fruit produced in the Caribbean have traditionally been considered to be largely of niche market value, reports emanating from JAMPRO (Trade and Investment, Jamaica) the state-run agency set up to promote business opportunities in export and investment, point to a drift of some fruit onto the mainstream market.
Heeralall Sukdeo, owner of Sukdeo and Sons Fishing Enterprise, says that local companies have suffered significant losses since they can no longer export catfish to the United States of America and he predicts even more severe ramifications if measures are not put in place to address the ban.
Cheryl Williams might easily be mistaken for a sprightly but retiring grandmother focused on simply enjoying this phase of her life though once you hear her story you quickly understand that nothing could be further from the truth.
General Secretary of the Guyana Trades Union Congress (GTUC) Lincoln Lewis on Tuesday told the Stabroek Business that he fails to see how the Government of Guyana could continue to neglect to pronounce on “the excesses of the Russian management of the partially state-owned Bauxite Company of Guyana Inc.
The Roraima Group of Companies-staged annual Wedding Expo and what the company anticipates will be a high turnout at the 10th staging of the event next weekend provides an “ideal opportunity” for small businesses whose goods and services are in demand in the wedding sector to “establish their credentials and win a share of the market,” Roraima’s Chief Executive Officer Gerry Gouveia has told the Stabroek Business.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 764’s trading results showed consideration of $13,637,192 from 241,690 shares traded in 13 transactions as compared to session 763’s trading results which showed consideration of $14,329,514 from 71,589 shares traded in 22 transactions.
One of the salutary features of the work of JAMPRO, Jamaica’s trade and investment arm, one of whose tasks is to globally check out and report on such external market and investment opportunities as might benefit Jamaican businesses is that its work has left a discernable mark on the country’s export sector.
(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.
Business Minister Dominic Gaskin has told a local private sector oil and gas forum that the Government of Guyana will not follow opponents of the prevailing contract with an ExxonMobil subsidiary down the road of calling for it to be undone and renegotiated.
Aiming to position the manufacturing sector to significantly increase its market share locally, regionally and internationally, the Guyana Manufacturing and Services Association (GMSA) this week disclosed plans to stage a follow-up to last October’s UNCAPPED event aimed, this time at bringing local manufacturers and wholesale and retail customers together in what is being seen as an important test of both product quality and consumer demand.