As has been pointed out in our lead story on government’s proposals for the agricultural sector in 2019, there appears to be a deliberate effort to send a message in the 2019 budget proposals that approaching ‘first oil’ will not have the effect of placing agriculture, a sector that has, historically, served the nation well, on the back burner.
If the Caribbean is truly keen on significantly increasing its earnings from the region’s tourism sector one way of doing so is through the launch of an aggressive marketing initiative that targets the filling of its thousands of hotel rooms that remain vacant every night, Chief Executive Officer and Director General of the Caribbean Hotel & Tourism Association (CHTA) Frank Comito says.
In more ways than one The Guyana Shop continues to make its own robust contribution to the growth of Guyana’s agro processing industry.
Chief Executive Officer of GEB Security Services Inc. Maurice Amres has been reappointed to the Board of Directors on the United States-based Council of International Investigators.
Kitco Market Data Gold Prices for the three-day period ending Thursday November 29, 2018
Stock market updates
Two years ago, almost to the day, Finance Minister Winston Jordan told Guyanese in his 2017 budget presentation that it was the intention of the Government to preside over the full and effective implementation of the provision in the Small Business Act allowing for small businesses to have access to 20% of state contracts which are within their competence to execute.
Gold Prices for the three day period ending Thursday November 22, 2018
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 800’s trading results showed consideration of $49,095,166 from 661,171 shares traded in 16 transactions as compared to session 799’s trading results which showed consideration of $81,667,314 from 330,248 shares traded in 9 transactions.
(Jamaica Gleaner) Come month end, GraceKennedy Remittance Services Limited, GKRS, is headed to court to challenge a decision by the tax authorities in Guyana that it underpaid taxes there by more than $240 million.
Stock market updates
Stock Market Updates GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 798’s trading results showed consideration of $22,450,430 from 305,719 shares traded in 8 transactions as compared to session 797’s trading results which showed consideration of $14,492,957 from 212,184 shares traded in 19 transactions.
Next year’s formal commencement of tuition by the University of Guyana’s Institute of Food and Nutrition Security (IFANS) is inextricably linked to his administration’s objective of fashioning a university that is directly responsive to the developmental needs of the country, University of Guyana Vice Chancellor, Professor Ivelaw Griffith has told the Stabroek Business.
At thirty six Chris Persaud could easily be mistaken for a laid back, carefree post-graduate hopeful with a host of ideas and a dream of one day taking a tailor-made place within a niche suited to his talents…………except that Chris may have already found his niche in business through a company which he built from ground up and which in a few short years has moved quietly close to the very top of Guyana’s agro-processing sector.
Having realized nine oil finds offshore Guyana since 2015, oil and gas people.com reported on Wednesday that the global oil giant ExxonMobil is eyeing western and southern Africa as potential locations for a comparable oil bonanza.
There is a general acknowledgement here in Guyana and in other developing countries that street-vended foods play an important socioeconomic role in meeting food and nutritional requirements of coastal consumers at affordable prices to the lower and middle income people.
SAN JUAN, (Reuters) – Puerto Rico’s federally appointed financial oversight board on Tuesday unanimously approved a revised fiscal reform plan meant to put the bankrupt island on a path toward solvency, but faced opposition from its elected government for being too strict.
(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.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 796’s trading results showed consideration of $5,529,953 from 67,316 shares traded in 13 transactions as compared to session 795’s trading results which showed consideration of $22,950,100 from 127,522 shares traded in 9 transactions.
Gold Prices for the three day period ending Thursday October 25, 2018Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
Unrelenting in their search for regional and extra-regional markets for the ever-increasing range of ago-produce being churned out in places ranging from domestic kitchens to makeshift factories, five local agro-processors and a craft producer are preparing to travel to St.
Dr. Sevanie Williams is a 29-year-old Cuban-trained Patamona woman, born and brought up at Paramakatoi.
If you mention the brand Royal Chicken in a conversation about the local poultry industry you will probably not get the kind of knee jerk response that some other brands elicit.
With street-vended foods at least equaling restaurant-prepared and home-cooked food in their popularity in Guyana and elsewhere, they have, understandably, become associated with significant health risks arising out of the sheer frequency of their consumption in circumstances where their food-safety ‘credentials’ are, for the most part, unknown.
The jury would appear to be still out on the outcomes of the September 19-22 Guyana Trade and Investment Exhibition (GuyTIE) as local companies pursue follow-ups to engagements with potential buyers who came here for the event.
As of Wednesday, Canada, not known traditionally for a liberal official policy on drugs, launched its own legal marijuana marketplace marking what a Jamaica Gleaner article calls “a profound social shift” though the article argues that what has pushed Canada in this direction is a “fervent desire to rein in an unregulated and continually growing black market for the widely popular substance and to bring it into a regulated tax system.” The move is even more significant when account is taken of the fact that by placing a tag of legalization of the commercialization of marijuana, Canada outflanks its historically more liberal neighbour, the United States, where still only some states allow recreational and medicinal use of marijuana among people aged 21 and older.
Local companies are reported to be presently pursuing up to 50 business leads, which began at the recently concluded Guyana Trade and Investment Exhibition (GuyTIE).
Kitco Market Data Gold Prices for the three-day period ending Thursday October 18, 2018
Stock market updates
(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.
The legitimacy or otherwise of the adjusted toll rates recently announced for the Berbice Bridge aside, there are, as every rational thinking person would agree, other considerations which are at least of comparable importance.
While the recently announced ‘new rules’ setting out conditionalities for the importation of drugs into Guyana, including the stipulation that the labels be printed in English may be well-intentioned, they are likely to have very little effect unless the Government Analyst-Food & Drug Department (GAFDD) is given “both the authority and the tools” to ensure that the news rules are “rigidly enforced, an experienced local Hospital Administrator has told the Stabroek Business.
The capital’s two biggest waste disposal companies, Cevons Waste Management and Puran Brothers appear poised to take steps to press City Hall into making good on payments due to the two companies for services provided earlier this year, the debt now having reached a figure well in excess of $150 million dollars since government’s intervention last year to liquidate the more than $300 million owing to the two companies up to that time.
STEM Guyana and its partners have launched a nationwide Reading and Robotics programme in order encourage students to read more, while creating opportunities for them to learn about robotics, coding and Mathematics, and Chairperson of STEM Guyana Karen Abrams has said that support from the diaspora and the business community will be critical for its success.
If you look hard enough and for all the ‘tough times’ associated with doing business in Linden there are still a number of micro and small businesses run by proprietors who simply refuse to ‘throw in the towel.’ They have grown used to the peaks and troughs associated with entrepreneurship in a township that has had to readjust from an economic culture centred around wage labour.
The planned inaugural Green Guyana Expo and International Small Business Summit is being touted as a demonstration of Guyana’s plan to promote economic diversification using oil revenues.
In 2015, the Inter-American Development Bank (IDB) data for 2011–2014 showed that non-traditional exports averaged 0.6% of all Guyana’s exports.