Business

Kitco Market Data

Gold Prices for the three day period ending Thursday July 08, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Bridging the gap between industry and academia

This week’s disclosure through a Georgetown Chamber of Commerce and Industry (GCCI) media release that the Business Support Organization (BSO) had signed a Memorandum of Understanding with the University of Guyana (UG) aimed at (as the release put it) “bridging the gap between industry and academia,” marks, seemingly, yet another initiative to establish the kinds of links between the two institutions which ought to have been in place long ago and which, in their scarcity appears to reflect a certain across-the-board indifference on both sides to the importance of a collaborative effort that is important to the country’s development.

Oslene Carrington

USAID, Guyanese-led initiative aiming to salvage agro processing sector

With agro-processing, over the past two decades, having gradually worked its way towards becoming one of the fastest-growing generators of employment in Guyana, the recent announcement that the United States Agency for International Development (USAID) is partnering with a US/Guyana initiative to advance the technology base of the agro-processing industry here ought to attract significant interest among local agro-processors.

Caribbean Airlines working overtime to repair service image

Widely regarded as a faithful but, frequently, unreliable servant of regional air travel, Caribbean Airlines, in a recent statement, is seeking to provide the region with an undertaking that it will not only recover from its catastrophic revenue losses arising primarily out of the impact of Covid-19 and its repercussions for regional air travel, but also that the carrier will realise that undertaking with no reduction in the quality of its service to the region.

Moving to higher ground

One of the more challenging consequences of the flooding that attended the recent heavy rainfall was the need for cattle farmers to move their livestock to higher ground. 

Ian Saunders, Deputy Assistant Secretary for the Western Hemisphere, US Department of Commerce

US to mount October trade mission to the Caribbean

With the economic challenges arising out of the advent of the coronavirus pandemic still some distance away from being overcome, the Biden administration is reportedly in the process of formulating plans for a Caribbean Region Trade Mission and Business Conference in October.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 921’s trading results showed consideration of $59,934,425 from 239,487 shares traded in 31 transactions as compared to session 920’s trading results which showed consideration of $57,632,338 from 719,635 shares traded in 14 transactions.

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