Business

Few tropical fruits possess as many pleasing and enduring characteristics as the guava.

Since its establishment in 2019, the Women’s Chamber of Commerce and Industry in Guyana (WCCIG) has been working to position itself as an influential voice for women-led businesses in Guyana.

As the regional lobby for enhanced institutional support for women-led businesses grows more intense, Republic Bank has made public its partnership with BPD Associates Ltd,  a Business and People Development organization to launch its first ever Entrepreneurs Business Builder programme.

Trinidad and Tobago has reportedly signalled its openness for investments in agriculture and agro-processing, manufacturing, tourism, maritime activities, financial services and logistics and distribution.

The Guyana Marketing Corporation (GMC) last Friday launched what it said was the country’s first agri-business incubator, which will roll out a suite of services aimed at better positioning the corporation to enhance the quality of the output of the agriculture and agro-processing sectors.

The embattled Caribbean Airlines (CAL) is reporting that it has been making “significant progress” in pursuit of its eagerly anticipated restructuring plans, having been the victim of a severe COVID-19 economic blowout and even prior to that a considerable erosion in consumer confidence in a region where it had previously been lauded for its service.

Further evidence of the devastating socio economic impact which Covid-19 has had on Latin America and the Caribbean has been uncovered in research done by the Economic Commission for Latin America and the Caribbean (ECLAC).

Kitco Market Data Gold Prices for the three day period ending Thursday August 12, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

GASCI reports that session 927’s trading results showed consideration of $17,605,897 from 47,620 shares traded in 16 transactions as compared to session 926’s trading results which showed consideration of $4,595,558 from 29,852 shares traded in 23 transactions.

There is some measure of public concern over how our oil resources are being managed.

International reports published earlier this week indicate that India can be expected to look increasingly to diversified sources, not least Guyana, to secure its oil imports, as the country seeks to attach a high priority to further diversifying its energy sourcing basket in an effort to avoid becoming hostage to international pricing and supply shocks.

Oil and gas firms TotalEnergies and Apache Corporation have discovered more oil off the coast of Suriname.

Two legitimate gold miners operating separate mining claims in the interior have responded with skepticism  to the recent official undertaking given by Natural Resources Minister Vickram Bharrat that government will continue to set its face against illegal mining.

With successive oil finds incrementally enhancing Guyana’s portfolio as the new investment haven, external perceptions of the country as the owner of one of the more sluggish economies in the Caribbean have disappeared, virtually overnight, to be replaced with the image of a country with overwhelming investment potential.

Among the different members of the palm family, the Coconut tree is acknowledged as the ‘tree of life’ on account of the various products derived from its various parts that contribute to feeding people and helping to support their health needs.

With the local agro processing sector being pressed to ‘shift gears’ in order to maximize growing external market opportunities, a collaborative effort involving the Inter-American Institute for Cooperation on Agriculture (IICA), the Small Business Bureau (SBB) and the Guyana National Bureau of Standards (GNBS), on Wednesday,  saw representatives of ten (10) agro processing establishments participate in a competence-enhancing exercise designed to help further raise all-round standards in the sector.

If the region as a whole still appears deaf to the sonorous message regarding the unbearable strain on its fragile economies of a multi-million USD food import bill, some countries may be quietly seeking to transform their own individual concerns on the issue into some form of practical action.

With parts of the country’s agricultural sector now seemingly recovering from the ravages of the recent flooding, there are signs that the country’s farmers have lost none of their pride in their earned reputation of being in possession of the food basket of the region.

SB: Come November, the Women’s Chamber of Commerce and Industry in Guyana (WCCIG) will celebrate the second anniversary of its founding.