Investment

LUCAS STOCK INDEXThe Lucas Stock Index (LSI) declined 2.16 per cent during the fourth period of trading in April 2016. The stocks of six companies were traded with 951,193 shares changing hands. There were no Climbers and five Tumblers. The stocks of Demerara Bank Limited (DBL) fell 1.30 per cent on the sale of 21,007 shares. The stocks of Demerara Distillers Limited (DDL) fell 5.0 per cent on the sale of 507,666 shares. The stocks of Demerara Tobacco Company (DTC) fell 1.48 per cent on the sale of 545 shares. The stocks of Guyana Bank for Trade and Industry (BTI) fell 4.62 per cent on the sale of 350 shares and the stocks of Republic Bank Limited (RBL) fell 2.21 per cent on the sale of 800 shares. In the meanwhile, the stocks of Banks DIH (DIH) remained unchanged on the sale of 420,625 shares.

Controlled circumstances

Guyana is one of 193 member states of the United Nations.  If one were to put the names of all the countries of the United Nations in one bag, like every other country, Guyana would have less than half of one per cent chance of being selected as a destination for foreign investment.  While 20130728rawle's business pageinvestment involves some element of chance, the choice of investment destination occurs under much more controlled circumstances and is based on a multiplicity of factors that could change the chance of selection dramatically.  Countries with small economies do not attract as much investment as countries with large economies.

As Guyana approaches the Guyexpo event of 2016, it will do so with the aim of starting the process of changing the fortunes of the country over the next 50 years.  The article this week seeks to identify and discuss the several factors that enter the inward investment decision and their implications for Guyana, no doubt something on the mind of the sponsors of the