World Bank sharpens its focus on individuals

Unique way In what could be a unique way to focus attention on the issue of poverty and how it could be tackled, the World Bank in its World Development Report 2014 points to the need for risk management by all economic units in an economy.

The Guyana Bank for Trade and Industry

Leadership   The Guyana Bank for Trade and Industry (GBTI) is the second largest bank in Guyana with about 25 percent of the deposits, a market capitalization of $25 billion and assets to the tune of $95 billion or 28 percent of the assets under the control of the commercial banks.

Citizens Bank Inc.

Smallest In a market of diverse ownership, Citizens Bank is one of three commercial banks that have majority Guyanese ownership.

The 2014 budget

Centerpiece The anticipations of the 2014 budget are over.  The Minister of Finance delivered the intention of the government to create a better Guyana for all Guyanese that carries a financial tag of $220 billion. 

Economic trends in the Guyana economy

Business focus A new year has begun and many businesses are getting in stride with implementation of the plans that they would have developed for execution in the unfolding operating period. 

The dawning of a new era

Part 2   Customer behaviour   As was noted in Part 1 of this article, the management of DDL is in control of the economic resources of the company and has little to fear from shareholder activism. 

The dawning of a new era

(Part 1)  By Rawle Lucas Leadership change The company that has the ship as its logo is about to sail into a new era. 

The savings paradox in Guyana

Continued from last week   Asymmetry of information The proposed regulatory changes identified in the previous part of this article reflect several deficiencies in the form and substance of reports. 

The savings paradox in Guyana

(Part 1) Choice of Theme Last week the Institute of Chartered Accountants of Guyana held its annual conference under the theme “Focus on Financial Services”. 

Doing it alone

Variable performance Sterling Products Limited (SPL) is about to complete its ninth month of operation in 2013 and its economic performance might well remain an enigma to its shareholders as the company moves towards its 59th Annual General Meeting next year. 

At age 10

Anniversary On June 30, 2013, with all attention on concerns about the expansion of the airport, the future of sugar, legislation about anti-money laundering and financing of terrorism, the price of gold and critical deadlines about the Amaila Falls hydropower project looming, no one noticed that the Guyana Stock Exchange (GSE) had reached an important milestone in its existence. 

Living a life in limbo

Continued Cost control Last week, it was observed that though GNPL was experiencing significant difficulties, its management was making the best of a bad situation. 

Living a life in limbo

Mood of the company The Guyana National Printers Limited (GNPL) will be celebrating its 75th birthday next year. 

China’s money and the Guyanese people

Bargain prices But, even as the West ponders its options, Guyanese must figure out the value of China’s money to them for something has gone wrong that is causing well-meaning actions to create a portentous situation.

Revisit this project please (Conclusion)

Cheddi Jagan International Airport Corporation racks up heavy losses; questions about where the income goes

Note to Readers Over the past month I have been engaged with the editorial management on the Stabroek News over an apology they offered to Mr Ron Webster in connection with his controlling share acquisition in Caribbean Containers Inc, a company of which he has at all material times been Chief Executive Officer.

Airport extension and the Golden Fleece

Cheddi Jagan International Airport Corporation racks up heavy losses; questions about where the income goes

Part 4 Introduction My hope last week was to move seamlessly this week into the big ticket items on the CJIA contract – particularly the runway and the new terminal building.

Airport extension and the Shah’s golden toilet

Cheddi Jagan International Airport Corporation racks up heavy losses; questions about where the income goes Part 3

Introduction I wish to acknowledge the generosity of all those persons who have shared information and their time and expertise relevant to this column.