Daily Archive: Friday, April 25, 2008

Guyana has signalled its intention to block to Jamaica’s plans to import rice extra-regionally after the island sought an immediate suspension of the Common External Tariff (CET) on the commodity.

– Luncheon Guyana has no immediate intention of becoming a member of the Brazil-touted South American Defence Council, since government believes that such an undertaking is one that should not be taken lightly.

Police Commissioner (ag) Henry Greene yesterday said that Guyanese are living in serious times, disclosing that there has been a six per cent increase in violent crimes and the murder rate for this year was double that for the corresponding period last year.

A Guyanese who is illegal in the US was found with a huge sum of money when he was arrested and charged after behaving disorderly during a traffic stop in Pennsylvania.

President Bharrat Jagdeo yesterday slammed his critics as having ‘expert syndrome’ and law-breaking citizens as suffering from schizophrenia.

Police arrested four persons at Essequibo on Wednesday following a raid that unearthed arms and ammunition.

T&T mills seeking to bring local company down …Sukhai The National Milling Company (NAMILCO) could seek legal recourse through the Caribbean Court of Justice (CCJ) to halt what the company says is the ‘dumping’ of flour on the local market by two regional flour producers.

Recent heavy rainfall has seen the Abary conservancy rise to a high level, resulting in excess water being discharged over the spill weir, but officials reported on Wednesday that the dams are safe.

Dear Editor, Having read the press release issued under the name of New Building Society Limited and published in your newspaper on Wednesday, April 23, 2008, we must first express regret that in addressing its content, we are compelled to bring out into the public domain matters that would ordinarily have enjoyed the protection of board-room confidentiality.

After heated arguments from both the prosecution and the defence, Oliver Hinckson was once again refused bail, while the Preliminary Inquiry (PI) into the advocating a terrorist act charge against him was adjourned to facilitate the prosecution’s request to once again seek advice from the Director of Public Prosecutions (DPP).

Company engaging government on price increases Guyanese consumers will shortly be facing their second increase in the price of locally produced flour this year and the new price increase is likely to have a further knock-on effect on the prices of bakery products and other flour-based commodities.

– Mayor says $87M arrears ‘fictitious’ The Mayor and City Council (M&CC) said that it will not pay more money to the Guyana Water Incorporated (GWI) since the sum that entity claims is owed was substantially different to the computation done by the municipality.

Stabroek Business has been reliably informed that the operations of some of the country’s large importers could come under scrutiny by the team set up to probe the recent allegations of fraud involving officials of the Customs and Trade Administra-tion and the local distribution company Fidelity.

The operator of STVS Channel 21/72 has regained rights to broadcast following a re-examination of the basis for the revocation of its licence by government back in November last year.

Dear Editor, That the New Building Society is holding its 68th Annual General Meeting in Berbice this Saturday is no surprise.

Dear Editor, I write today, just a bit more than two years after the death of Satyadeow Sawh, his brother, sister and security guard, in a state of utter confusion.

Dear  Editor, I spent a very happy Christmas in Georgetown with my wife’s family (the Carpenters) but found only a few of my old friends and colleagues from the 1950s and 60s when I worked for Sandbach  Parker.

Persons found hoarding food items, leading to artificially introduced shortages and price increases would soon be subject to prosecution and government is also working on additional measures to address food price increases.

If only because of the persistent charges of corruption that have been leveled against his administration, President Bharrat Jagdeo’s recent comments on the alleged Customs/Fidelity fraud – the pertinent details of which were set out in our editorial last Friday – are deserving of further, more thorough examination.

Two armed men robbed the Seatown Chinese restaurant at Hinck Street, on Wednesday night escaping with more than $250,000. 

By Rawle Lucas Public’s right to know In keeping with the provisions of the Procurement Act of 2003, Guyana has started reporting information on contracts awarded to suppliers and contractors through the newly amended public procurement process.  

Dear Editor, In my opinion, the Demerara Harbour Bridge has deteriorated to such an extent that lives are daily in danger.

Can training make a difference? Corporate training is an effective tool in retaining the best talent and increasing the overall productivity of an organization.

Dear Editor,   We the examination students of the Tucville Secondary School are begging for the intervention of some authority within the Ministry of Education to take us out of the plight we are now in. 

– PNCR says no intention to interrupt festival Government yesterday described the attempt to disrupt the launch of Carifesta X on Wednesday night as “unpatriotic”, saying this most recent development by the opposition begs the question, “where would it end.”

Advent of Delta-Northwest could change Guyanese travel culture A United States-based Guyanese travel consultant has told Stabroek Business that the challenges confronting the international airline travel industry could have a significant negative impact on the movement of travellers between Guyana and the world’s major capitals, particularly the United States.

A strong National Communications Network Ltd., (NCN) side will clash with Toolsie Persaud Ltd.,

Dear Editor, One of the best known and longest running television stations in Guyana turned 16 in 2008. 

The sale of the Dairy Bar and Studio 2000 is still being negotiated between real estate agent Pete’s Realty, the owner of the multi-tiered business establishment and various potential buyers, and nothing has been finalized, contrary to what had been reported in this newspaper.

by Jeffrey D. Sachs   NEW YORK – The world economy is being battered by sharply higher energy prices.

By Calvin Roberts Essequibo suffered  humiliation at the hands of Demerara in their replayed first round match in the Guyana Cricket Board (GCB)/ Jergens sponsored senior women’s’ inter county cricket competition at the Demerara Cricket Club (DCC) ground yesterday.

Stabroek News yesterday inadvertently published this photo with the caption: Nobel Prize winner for Literature, Derek Walcott.

Principal Magistrate Melissa Robertson-Ogle remanded to prison a 42-year-old man accused of felonious wounding after he slit his stepson’s throat. 

The PNCR said yesterday that it was troubled by statements made by President Bharrat Jagdeo in the media, that there has been a delay in the publication of the Torture Report, which is to be completed by the Guyana Defence Force.

GASCI MArket Journal Session 250 April 21, 2008 (see graph)GASCI (www.gasci.com/

Dear Editor,Notice has been taken of the involvement by the opposition parties and show of solidarity against the government’s draconian penalty towards Mr Sharma’s television (CNS 6).

Dear Editor, A recently reported admission that there was corruption in certain quarters, presumably in high places, comes as no surprise and is an almost unnecessary confirmation of what has long been considered as normal activity in our social condition.

When greed overpowers need                    – on ‘corruptocracy’ and kleptocracy This commentary just cried out last weekend to be written by me.

Principal Magistrate Melissa Robertson-Ogle yesterday remanded to prison a 31-year-old porknocker accused of rape.

Trenace Lowe managed to use her recent loss to Michelle John at the Caribbean Junior, Cadet Table Tennis Championships two weeks ago as motivation towards grabbing two titles at the Super Silver Bowl Table Tennis Tournament in Trinidad and Tobago last weekend.

A rice farmer accused of stealing 28 bags of paddy worth over $160 000 from another rice farmer was granted bail when he appeared at the Leonora Magistrate’s Court yesterday.

Last week, in commenting on the surprise appointment of Carolyn Rodrigues as  Guyana’s new Foreign Minister, we raised more questions than answers about whether she would succeed in reviving the ministry and bolstering the country’s faltering image abroad.

GASCI Summary of Financials Session 250 April 21, 2008 (see graph) Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.