Business

Kitco Market Data Gold Prices for the three day period ending Thursday June 10, 2021

Now in its fifth year of ‘operation,’ following the passage in the National Assembly of the Food Safety Bill of 2016, not a great deal has been publicly disseminated about the work of the National Food Safety Authority (NFSA) nor has the agency benefitted from the kind of reporting that draws pointed attention to those undertakings in which it engages and the outcomes thereof.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 918’s trading results showed consideration of $34,565,616 from 433,150 shares traded in 21 transactions as compared to session 917’s trading results which showed consideration of $1,412,886 from 16,373 shares traded in 13 transactions.

Unrelenting rainfall and prior fragile defences against that eventuality have devastated the village of Karaudarnau and additional huge swathes of the south Rupununi, and village Toshao Apollo Isaacs has told the Stabroek Business that the community has been left needing an urgent response that will bring a measure of relief to residents of both Karaudarnau and other communities and, as well, fortify the affected communities for likely more rains ahead.

It is more than a little comforting to know that the current elevated external international investor interest in Guyana does not begin and end with business initiatives that are, directly or indirectly, hinged to the country’s oil and gas sector.

One of the hugely encouraging developments in the local small-business sector has been the emergence of modest, women-led agro-processing enterprises that realise an impressive array of new products, which gradually, are beginning to alter the faces of our supermarket shelves.

Concerns being expressed by informed officials in Barbados and elsewhere in the region over the implications for the country’s international image arising out of the perception that the island is a soft target for money laundering are a microcosm of a wider problem facing other member countries of the Caribbean Community (CARICOM).

Socio-economic consequences arising out of official strictures associated with efforts to push back the rampaging COVID-19 pandemic threaten to spill over into the political arena in Trinidad and Tobago.

If the socio-economic crisis that has derived directly from the ongoing Covid-19 pandemic has, in many instances, necessitated shifts in income-earning pursuits that require millions of people the world over to change jobs and frequently, experience adjusted working hours, the World Health Organization (WHO) is cautioning against extended working hours that can result in serious health issues.

Over time, the multi-dimensional crisis in Venezuela, not least the political pressures being imposed on the administration of Nicolás Maduro by Washington, has widened into a humanitarian dilemma that includes widespread food shortages.

It may not mark a definitive turning of the proverbial corner in terms of relations between Venezuela and the United States but watchers of the situation, however, are seeing the decision by the Biden administration to allow the United States oil giant Chevron a further extension on top of those previously granted under former President Donald Trump to maintain a limited presence in Venezuela, as a sign that small cracks may be opening that could allow for a cooling of what, in recent years, have been tense, even acrimonious relations between the two countries.

This week’s Stabroek Business Fruits & Vegetables Personality is Mocha Housing Scheme resident and agro produce manufacturer Kareema Liverpool.

Kitco Market Data Gold Prices for the three day period ending Thursday June 3, 2021

Just a few weeks ago a farming   cooperative in the Mocha/Arcadia community executed two Farmers’ Markets over a relatively short period.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 917’s trading results showed consideration of $1,412,886 from 16,373 shares traded in 13 transactions as compared to session 916’s trading results which showed consideration of $88,432,883 from 1,106,256 shares traded in 17 transactions.

Given the level of prominence afforded what President Irfaan Ali had to say at last Saturday’s virtual diaspora engagement, it is difficult to dispel the view that his administration may be moving in the direction of taking more seriously, the contribution that overseas-based Guyanese can play in the country’s development, going forward.

With Guyana’s new-found oil wealth singling the country out as a potential haven for both foreign and local investment, investors from various countries are homing in on what they see as opportunities to realise lucrative returns from possible business opportunities here.