Daily Archive: Friday, April 26, 2013

Articles published on Friday, April 26, 2013

Simona Broomes

Puruni trafficking probe widens

The four girls rescued from the Tiger Creek Backdam, at Puruni, in Region Seven on Sunday, accompanied police back to the location yesterday as the investigation into human trafficking activities there widened.

 Sakima Mullings

Mullings calls out ‘SixHead’ Lewis

After perhaps ending the career of former world rater, Howard ‘Battersea Bomber’ Eastman with a 12-round drubbing on Saturday last, Jamaican Sakima Mullings has ambitions of thrashing  Guyana’s first world champion, Andrew ‘Six Head’ Lewis.

CJIA lobby seeks restoration of funds for airport expansion

Chairman of the Cheddi Jagan International Airport, Timehri (CJIA) Board Ramesh Dookhoo is leading an appeal for the restoration of the budgetary allocation for the expansion of the airport, as stakeholders warn that the opposition’s decision to cut funding will result in loss of investor confidence and jeopardise both security and businesses at the facility.

Terrence Sukhu (right, front) hands cheque over to Wolf’s Warriors skipper while team members, supporters and sponsors’ representatives look on

Wolf’s Warriors are 10/10 champs

Wolf’s Warriors were crowned male champions and took away the top prize of $500,000 along with bragging rights as the Digital Technology/Chow Pow 10/10 champions while Regal Champs copped the female award and carted off $150,000 when the competition ended recently.

Mario Padmore double seals game for Tutorial

Tutorial High School defeated Central High 3-1 through a Mario Padmore double in the 55th and 60th minutes on Wednesday evening when action continued in the Scotiabank/Pepsi Schools Football Tournament at the Ministry of Education ground, Carifesta Avenue.

Christianburg/Wismar drub Mackenzie High 100-31

Christianburg/Wismar Multilateral Secondary compliments of a Terron Welch 29-point effort swamped four-time champions Mackenzie High School 100-31 as action in the Linden U-19 School Basketball Championships continued at the Mackenzie Hard Court on Wednesday.

Caribbean Export’s Kirk Brown, Georgetown Chamber of Commerce and Industry Vice President Lance Hinds and a Georgetown-based EU official in conversation during a break at the Direct Assistance forum on Thursday.

Small businesses can access Caribbean Export grants

Dismissing concerns being expressed here that local small businesses may not be benefiting – compared with their counterparts in other Cariforum countries – from financial resources for enhancing growth and building capacity available through the Caribbean Export Development Agency (Caribbean Export, Deputy Permanent Secretary in the Ministry of Commerce Dhaneshwar Deonarine is urging that they submit proposals for Direct Assistance Grants under the 10th European Development Fund (EDF).

LUCAS STOCK INDEXThe Lucas Stock Index (LSI) increased marginally by 0.97 percent in light trading during the fourth week of April 2013.  A mere 9,600 stocks of five companies changed hands.  Demerara Bank Limited (DBL) traded the highest number of stocks, 3,300, with a 3.82 percent increase in value.  Demerara Distillers Limited (DDL) traded 2,100 shares and saw the value of its stock increase by 9.02 percent.  Republic Bank Limited (RBL) traded 3,000 shares with no change in value.  Both Guyana Bank for Trade and Industry (BTI) and Demerara Tobacco Company (DTC) saw no change in value with trades of 400 and 800 units of their stock respectively.

The quiet retreat

Hive of Activity All eyes have been plastered on the behavior of gold over the last few years as the price of the commodity created enormous buzz and stirred many to invest in the industry in Guyana. 

Last-gasp David Luiz gives Chelsea 2-1 win

BASEL (Reuters) – David Luiz, lucky to be on the pitch after a shocking challenge, scored with the last kick of the game to give Chelsea a 2-1 win at FC Basel in the first leg of their Europa League semi-final after the Swiss side had levelled with an 87th minute penalty yesterday.

US suspects Syria used chemical weapons, wants proof

WASHINGTON (Reuters) – The White House said yesterday that the Syrian government of President Bashar al-Assad has probably used chemical weapons on a small scale in the country’s civil war, but insisted that President Barack Obama needed definitive proof before he would take action.

Car

Kitty residents check for passengers in a car which ran off the road and into a ditch last night in front of the Ocean Spray International Hotel on Vlissengen Road.

Seema Rambarran

Businesses openly flouting ‘return of goods’ laws with illegal signage

Efforts by the Competition and Consumer Affairs Commission to ensure compliance by the business community with legislation requiring traders to provide refunds on goods returned on the grounds that they are defective or for other specific reasons continue to be widely and flagrantly disregarded, Director of the Competition and Consumer Affairs Commission Seema Rambarran said.

US warns Jamaican lottery scammers

(Jamaica Gleaner) – United States authorities hurried to serve a stern warning that they would be relentless in their pursuit of convicted Jamaican lottery scammers after receiving the clearest of indications from their Jamaican counterparts that they would be extradited to that country to face the full brunt of the law.

Sprucing up

Sprucing up: This small burial ground at Sheriff Street and the Railway Embankment benefited from a clean-up operation on Wednesday that saw trees cut down and bushes being cleared away and burned (Photo by Arian Browne)  

There are inequities in compensation and conditions between selected categories of public servant and their counterparts in the teaching service

Dear Editor, The flexibility with which the compensation regimes in the Public Service is conducted, contrasts starkly with the evident meticulousness, if not meanness, that is applied to the Teaching Service component, as distinct even from the management and other technical components, of the education sector.

A flooded yard

A Thomas Street, Cummingsburg residence between Middle and Quamina streets, flooded after rainfall Tuesday night and Wednesday morning.

GT&T amendment

In our April 12th issue, the Stabroek Business published a story headlined ‘Mobile Money Targets Billing Companies” in which we stated that GT&T “is operating under a licence issued by the Bank of Guyana and subject to oversight and regulation.

Raul Garcia is free

(Barbados Nation) – Raul Garcia is a free man. The Cuban refugee broke down in tears within seconds of earning his freedom yesterday when the No 9 Supreme Court released him into the custody of a Barbadian family.

Looking beyond populism in Latin America

With Nicolás Maduro’s narrow victory in Venezuela’s presidential election still being contested by the Venezuelan opposition, even though he has already been sworn in as president, there is a growing feeling that, with a majority of only 50.7 per cent of the popular vote, the self-styled ‘son’ and heir of Hugo Chávez may well be in for a rough ride.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 508’s trading results showed consideration of $681,870 from 6,720 shares traded in 4 transactions as compared to session 507  which showed consideration of $3,192,633 from 148,093 shares traded in 19 transactions.