Daily Archive: Friday, July 30, 2010

–as GT&T commissions broadband service By Kwesi Isles President Bharrat Jagdeo yesterday pledged some US$30 million over the next three years to purchase laptops for poor families as GT&T officially launched the Suriname/ Guyana- Submarine Cable System (SG-SCS), the backbone on which the e-magine broadband service was rolled out earlier this month.

Guyana Action Party (GAP) MP Everall Franklin has proposed constitutional changes to reduce the powers of the president to form the basis of an electoral alliance, which he says offers “a small window of opportunity”  to get the country back on the right path.

Armed bandits snatched millions of dollars in cash and raw gold from a businesswoman in a brazen mid-afternoon robbery yesterday, during which a round was discharged.

-Opposition objects to forestry’s James Singh A motion which paves the way for the appointment of persons to sit on the long-awaited Indigenous Peoples’ Commission (IPC) was yesterday passed in the National Assembly though opposition members of parliament objected to an appointee nominated by the government.

Three men who allegedly conspired to forge a Scotia Bank manager’s cheque and used it to obtain over $2.2M in plucked chicken from a woman and a man were yesterday granted bail when they appeared at the Georgetown Magistrate’s Court.

‘She mash me up and left me pun ma face’ A 22-year-old woman who is alleged to have fraudulently converted to her own use US$1,100 that her father had sent to her to bank for him was yesterday remanded to prison when she appeared at the Georgetown Magistrate’s Court.

For the past 30 years, Vishnu roamed the vast wetlands of the Boerasirie Conservancy, setting seines and using lines to catch “sweet-water” fish.

-Burnett captures bronze Adrian Spellen added a taekwondo silver medal to Guyana’s tally in the men’s under-87kg weight class at the Central American and Caribbean (CAC) Games currently underway in Puerto Rico yesterday.

The Campbellville home of well-known social activist Andaiye and her father Dr Frank Williams was completely destroy-ed last evening by fire of unknown origin.

By Floyd Christie Defending champions and tournament favourites, Guyana suffered their first loss in the past four years of the North American and Caribbean Rugby Association (NACRA) Championships, yesterday at the National Stadium, Providence.

– services set up to manage risk, help clients meet requirements Scotia Bank is seeking to work more purposefully with local small business aspirants to ensure they are eligible to borrow.

A 75-year-old man who was on his way home last evening from a funeral was struck down on the Catherine Public Road, Mahaicony by a RAV4 driven by a police officer.

-national coach By Marlon Munroe National boxing coach Wincel Thomas says that for amateur boxers to be effective and to rise to the top here and further afield, they will have to become more technically correct.

Acting Chief Magistrate Melissa Robertson on Tuesday ordered that a security guard be remanded to prison when he appeared at the Georgetown Magistrate’s Court for allegedly attacking his reputed wife with a knife after an argument between them.

– GT&T in strategic partnerships with local entities Less than a month after the launch of its new US$30 million submarine cable facility, the Guyana Telephone and Telegraph Company (GT&T) disclosed that it has more than tripled sales of its Digital Subscriber Line (DSL) service with the current number of broadband subscribers now up to 8,000.

Business Editorial Small business operators and small business aspirants across the country have, for several years, been complaining about what many believe has been a generally negative posture on the part of local commercial banks towards lending for modest business ventures.

A merchandiser was yesterday remanded to prison when he appeared at the George-town Magistrate’s Court for allegedly stealing over $1M from the owner of Sunshine Taxi Service.

PORT OF SPAIN, Trinidad, CMC – Torrential rain forced the abandonment of the penultimate preliminary match in the Caribbean Twenty20 Championship between Barbados and Guyana without a ball being bowled.

Howard University Professor  and former General Manager at GAIBANK, Dr. Kenrick Hunte will deliver the opening address when the Guyana Bauxite and General Workers Union (GB&GWU) holds its 5th Triennial Delegates Conference tomorrow at Critchlow Labour College.

NOTTINGHAM, England, (Reuters) – England’s Eoin  Morgan plundered 125 not out for his maiden test century to help  dig his team out of trouble and steer them to 331 for four at  stumps on day one of the first test with Pakistan yesterday.

The Ministry of Education apprehended 1,280 truant children, 31 of whom never attended school, from campaigns hosted from February to July this year.

GUADALAJARA, Mexico, (Reuters) – Mexican soldiers  shot and killed drug boss Ignacio “Nacho” Coronel yesterday,  the first major triumph this year for President Felipe  Calderon’s war against defiant drug cartels.

Dear Editor, Please allow me to respond to the letter written by Mr.

A creative experiment in the worlds of food and music Robert Benn is a thirty one year-old businessman whose entrepreneurial ambitions clearly extend way beyond the modest restaurant which he owns.

BUDAPEST, (Reuters) – Formula One drivers must be  allowed to race each other freely and if that means missing out  on the title by a single point then so be it, Rubens Barrichello  said yesterday.

-Tabatinga identified The Central Housing and Planning Authority (CH&PA) has embarked on the second phase of its low income housing project and Lethem residents were briefed on the plans under which Tabatinga has been identified for the houses.

WASHINGTON, (Reuters) – U.S. Representative Charles  Rangel reached a tentative plea agreement on ethics charges on  Thursday, but Republicans may reject it and push for a trial  that could hurt his fellow Democrats in the November elections.

Dear Editor, You will recall my earlier letter to you wherein I sought to address what I considered to be a strong element of farce associated with the swearing of oaths to affidavits in Guyana today. 

BARCELONA, (Reuters) – Britain’s Phillips Idowu  produced the performance of a lifetime to defy the form book and  beat hot favourite Teddy Tamgho of France in the triple jump  final at the European championships yesterday.

– says upgraded port will meet Guyana’s needs Chris Fernandes, Chairman and Chief Executive Officer of the country’s leading shipping company has again alluded to the need for the country to invest in improving local port facilities which can continue to serve Guyana well providing such works are undertaken.

PORT-AU-PRINCE, (Reuters) – Grammy-award winning  singer Wyclef Jean said yesterday that he has taken legal  steps toward running for president in quake-devastated Haiti,  but has not made a definite decision to run.

In week three of July 2010, the Lucas Stock Index (LSI) declined by about seven tenths of one percent. 

MIAMI,  (Reuters) – The Orlando Magic, hoping to  return to the NBA Finals for the second time in three seasons,  gave coach Stan Van Gundy a contract extension that will keep  him with the team through the 2012-13 season, the Magic said.

Police are seeking legal advice on the way forward in the Good Hope beating to death case as the five suspects remain in custody.

Dear Editor, Many lament the increase in crimes in our country, and rightly so.

– farmers now benefiting from increased Agriculture Ministry support – US$10.6M in sawn wood exported during first half of this year Bad weather during the second quarter of this year severely reduced production levels for several categories of food crops which, coupled with a high percentage of spoilage in some cases forced the prices of several high-demand food crops up, according to the Ministry of Agriculture’s June 2010 Commodity Market Report.

Victorians are converging in public spaces and there is growing enthusiasm as preparations are being stepped-up for the August 5 opening of the Conference on Victoria.

NAIROBI, (Reuters) – Kenya’s world champion Vivian  Cheruiyot won the 5,000 metres after a terrific last lap sprint  with big Ethiopian rival Meseret Defar on the second day of the  African Championships yesterday.

KINSHASA, (Reuters) – As many as 138 people died  when an overloaded boat carrying passengers and goods capsized  in rough water in Democratic Republic of Congo, police said yesterday.

Dear Editor, On August 1, 1834 slavery was abolished; by 1838 all African slaves brought to British Colonies in the Caribbean were free!

QUITO (Reuters) – South American foreign ministers met in Ecuador yesterday to discuss broken ties between Venezuela and Colombia, with sparks likely over the two Andean nations’ clashing plans to fix a crisis over leftist rebels.

LONDON, (Reuters Life!) – A vicar was found guilty  yesterday of conducting hundreds of sham marriages between  African nationals and cash-strapped eastern Europeans to allow  illegal immigrants to gain residency in Britain.  

COLOMBO,  (Reuters) – Suresh Raina  stroked a  memorable debut century and Sachin Tendulkar coasted to his  fifth double hundred to lift India to a massive total of 669 for  nine in the second test against Sri Lanka yesterday.

– declares $566.5M after-tax profit for first half of 2010 Basking in the glow of the July 24 commissioning of its $2.6 billion corporate complex, the Guyana Bank for Trade and Industry (GBTI) simultaneously re-leased a report on its operations from January to June, 2010 that reflects an impressive climb in its status within the country’s commercial banking community.

Dear Editor, I don’t have much to say to Peter Fraser concerning his response to my letter in the press about the hours of service by GRA officers at the New Amsterdam Post office.

By Mark McGowan in Grenada By the end of this year, Guyana and the other eleven countries in the Caribbean Single Market and Economy (CSME) should have their companies’ registers in electronic form and available online as part of a project being pushed by the Caricom Secretariat’s CSME Unit.

Torginol Paints Inc, a member of the Continental Group of Companies is celebrating 50 years with a countrywide promotion.

Dear Editor, I refer to the SN letter from Rickford Burke dated July 27, 2010 captioned `AFC’s preemptive preclusion of alliance with either of the two main parties undermines its doctrine of coalition building’. 

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 366’s trading results showed consideration of $5,009,328 from 58,805 shares traded in 7 transactions as compared to session 365 which showed consideration of $381,500 from 16,000 shares traded in 4 transactions. 

(Trinidad Express) – Slinger Francisco (The Mighty Sparrow) was in good spirits and recuperating well following emergency surgery on Sunday to treat an incarcerated right inguinal hernia.

CASTRIES, St Lucia, CMC – All three games in the opening round of the TCL Group West Indies Under-19 One-Day Trophy were washed out yesterday, after heavy rain doused the island leaving venues under water and forcing officials to abandon any hopes of play.

OSLO, (Reuters) – Norway’s decades-old political  consensus on offshore drilling is under attack in the wake of  the BP oil spill, just as it covets new riches in the Arctic.

Dear Editor, Permit me to express my concern over the filaria situation in Guyana.

Dennis Pantin, whose death on July 13, 2010, at the relatively young age of 61, was reported in this paper, has been deeply mourned across the Caribbean region.

Guyana Tourism Authority (GTA) head Indranauth Haralsingh lauded the producers of a DVD as one which will show tourist the diversity and attractions Guyana has to offer.

HARARE, (Reuters) – Zimbabwe’s football federation  has suspended its chief executive Henrietta Rushwaya on  suspicion of fixing the national team’s matches during a tour of  Asia last year, the federation said yesterday.

LA PAZ,  (Reuters) – The Aymara priest who blessed  Bolivian President Evo Morales at an inauguration ceremony four  years ago has been arrested in possession of 530 pounds (240  kg) of cocaine, police said yesterday.

(Barbados Nation) – A teacher who was growing marijuana in her front yard will have to fork out $25 000 to avoid a 12-month stay at HMP Dodds.

(Prepared by the Guyana marketing Corporation and published by Stabroek News Business as a public service)

Frankly Speaking… By A.A. Fenty I nearly wrote “Ho-Hum”. Because it’s Emancipation time again!