Business
Stock market
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 909’s trading results showed consideration of $892,232 from 8,749 shares traded in 7 transactions as compared to session 908’s trading results which showed consideration of $$49,098,157 from 440,723 shares traded in 20 transactions.
UGIRIE seeking to strengthen links between academia and entrepreneurship
Head of the University of Guyana’s recently established Institute of Research, Innovation and Entrepreneurship (UGIRIE) Professor Pat Francis says that the institution can play a novel role in creating a nexus between academia and the realization of initiatives that make ‘real life’ contributions to Guyana’s development.
The South American Guyana-Suriname Basin could be the last big oil boom
By Matthew Smith for Oilprice.com The oil reserves of the two countries has captured the international oil industry’s attention.
Women-led businesses and the IDB’s ‘growing together’ gesture
The recent disclosure that the Inter-American Development Bank (IDB) has launched a funded programme – Women Growing Together in the Americas – which seeks to encourage women entrepreneurs in the hemisphere to integrate their businesses into foreign trade and regional value-chains, is deserving of region-wide acknowledgement.
Guyana: Beyond Oil
By Jerry Haar and Deanne Butchey Newsamericas -March 25, 2021 Many believe that oil is the magic bullet that will hit the bull’s eye of prosperity for Guyana, dramatically increasing revenue, growth, and economic development (regardless of how and where that largesse is spent).
One million barrels of Guyana’s Liza light crude en route to India
A one-million barrel cargo of Guyana’s Liza light crude is currently on its way to India aboard a vessel chartered by the US commodity trading company, Trafigura Trading LLC, according to a news report published by the Caribbean Business Report a week ago today.
US-based college professor advocates new ministry to help build workforce for oil sector
A United States-based Guyanese college professor is advocating the establishment of a Ministry of Employment and Training Service (METS) in Guyana to help create a cadre of trained local personnel to respond to the needs of the country’s oil & gas sector and the wider Guyana economy.
Guyana taking another tilt at improving trade relations with the region
With successive political administrations in Guyana having made several failed attempts at improving the country’s trading links with the rest of the Caribbean Community (CARICOM), the present government is reportedly having yet another try at improving trading links with the region, according to a March 27 Caribbean Business Report story which hints at the likelihood of yet another attempt to do so.
Canje Block outcome no damper on Guyana’s wider oil prospects – Rystad Energy view
Some of the earliest reports on Guyana’s oil & gas discovery and recovery pursuits this year focussed on Westmount Energy, an investor in the Canje Block.
COVID-19 learning losses could cost the region US$1.7t in potential earnings: World Bank
More than a year after the global onset of the COVID-19 pandemic triggered the hurried region-wide closure of schools across Latin America and the Caribbean, the World Bank has said in a report released last week that the consequential “enormous losses in learning, human capital, and productivity, may translate into a decline in potential aggregate earnings for the region of US$1.7 trillion, or approximately 10 per cent of total baseline earnings.”
Kitco Market Data
Gold Prices for three day period Thursday August 2, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
Green-lighting of 20% of state contracts for small businesses should be high priority
Under the previous political administration, two Ministers of Government, first, the then Finance Minister Winston Jordan and afterwards, Dominic Gaskin in his capacity as Minister of Business, made public what they said was government’s intention to usher in the full and effective implementation of the provision in the 2004 Small Business Act to allow for small businesses to access 20 per cent of state contracts in circumstances where the effective completion of those contracts lay within the scope of their competence.
This week’s Fruit and Vegetable Personality, 2021
Savitri Boodram. Aka Sabo –
Stock Market Updats
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 908’s trading results showed consideration of $49,098,157 from 440,723 shares traded in 20 transactions as compared to session 907’s trading results which showed consideration of $12,637,918 from 127,803 shares traded in 18 transactions.
Business Cartoons
Former GCCI Head wants less local content clamour, more push for private sector growth
A former president of the Georgetown Chamber of Commerce and Industry (GCCI) has said that the current preoccupation by Business Support Organizations (BSO) with the Local Content spinoffs that promise to derive from the country’s emerging oil & gas industry ought to be matched by a corresponding vigorous lobby for the creation of a domestic economic environment that helps facilitate broader substantive private sector growth.
Guyana, T&T, Suriname may evade worst effects of tough regional post-Covid comeback: IMF
The Caribbean’s road to recovery from the economic effects of COVID-19 could be a long and testing trek particularly for countries whose economies are hinged to a tourism industry battered by the ravages of the COVID-19 pandemic, the International Monetary Fund (IMF) says in its most recent “Country Focus” on the Caribbean, released last week.
Rehana Agard and the Rosewood Salon
She has been a part of the beauty industry since she was nineteen, gradually growing into a skilled.
Remove the constraints
It has been more than 30 years since Guyana embraced free market principles that advanced the private sector as the engine room of the country’s economy.
Today's Paper
The ePaper edition, on the Web & in stores for Android, iPhone & iPad.
Included free with your web subscription. Learn more.