Daily Archive: Friday, April 6, 2018

Articles published on Friday, April 6, 2018

Oleg Deripaska

US imposes sanctions on Rusal head Deripaska

MOSCOW,  (Reuters) – The U.S. government’s decision to include Russian magnate Oleg Deripaska on its sanctions blacklist today will reverberate around the world because his business empire has a global footprint and counts major multinationals as partners.

Arsene Wenger

Arsenal, Atletico Madrid, Lazio close in on semis

LONDON, (Reuters) – Heavyweights Arsenal, Atletico Madrid and Lazio took big steps towards reaching the Europa League semi-finals after convincing home first-leg victories and RB Leipzig also stayed on course with a 1-0 win over Olympique de Marseille on Thursday.

President David Granger (left) and Prime Minister Moses Nagamootoo at the ceremony. (DPI photo)

PM Nagamootoo returns

A prayer breakfast yesterday morning brought together President David Granger, several ministers of government and well-wishers to welcome home Prime Minister Moses Nagamootoo who returned after recuperating in the United States following  successful heart bypass surgery.

School of the Nations to raise fees

Following reports that the Mae’s schools will be raising their fees due to rising operational costs, Director of the School of the Nations Dr Brian O’Toole yesterday revealed that there is a likelihood that his school’s fees will be increased as well.

CEO of CREDITINFO Guyana
Judy Semple-Joseph

CREDITINFO credit reports have sped up loans process – Semple-Joseph

Chief Executive Officer (CEO) of CREDITINFO Guyana, Judy Semple-Joseph  has told Stabroek Business that the ability of the Credit Bureau to provide local business institutions with critical and reliable data on their potential customers has been a critical factor in persuading banks and other key commercial institutions to ‘sign on’ to the services which it provides.

Deodat Indar

Indar lauds Chamber role in removal of VAT on education

President of the Georgetown Chamber of Commerce and Industry (GCCI), Deodat Indar on Wednesday used his address to the organization’s Annual General Meeting to set out the various ways in which he said the Chamber had been successful in exerting “significant influence” on public policy over the past year.

On the rise: Don Hutson

Don Hutson: A mechanic on the rise

A continually increasing level of car imports into Guyana coupled with an as yet unfinished buildout of roads across coastal Guyana is opening up increasing opportunities for skilled mechanics willing to take on the challenging task of keeping vehicles on the roads and Don Hutson, who operates “Don’s Auto Repair” at 46 Friendship, East Coast Demerara is seeking to raise the bar higher in terms of reliability and professionalism in the service and repair sector.

Guyana out of medal contention 

Guyana’s hopes of medaling in the singles category in the discipline of squash at the 2018 Commonwealth Games ended after the first day when our four players failed to go beyond the round of 32, in Gold Coast, Queensland, Australia.

The Kildonan farm

Kildonan farmer aiming to cut onion import bill

With the various recent trials having declared onions a ‘sure thing’ as far as successful cultivation in Guyana is concerned, greater numbers of farmers are beginning to pay an interest in the cultivation of a crop that has been, for decades, close to the top of the country’s list of agricultural imports.

Shyam Nokta

Nokta sounds optimistic note on government, GMSA relations

Against the backdrop of what continues to be a less than convivial relationship between central government and the private sector, President of the manufacturers association Shyam Nokta used his Wednesday March 28th address to its Annual General Meeting to signal that concerns over lingering and serious impediments to the growth of the manufacturing sector notwithstanding, the GMSA was prepared to work with government to create an environment in which manufacturing can improve its contribution to both job-creation and exports.

Teachers’ salaries

Between 2015 and the present, the issue of a salary increase for teachers in the public school system has been simmering, occasionally threatening to boil over into controversy between the Guyana Teachers’ Union (GTU) and the Ministry of Education (MoE).

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 767’s trading results showed consideration of $11,256,320 from 64,735 shares traded in 10 transactions as compared to session 766’s trading results which showed consideration of $3,244,000 from 4,838 shares traded in 9 transactions.

The time may be right for public/private sector ‘summit’

In the space of a week, two of the country’s more Important Business Support Organizations (BSO’s) the Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) held their Annual General Meetings, the forum at which, among other things, opportunity is provided, through the presentations of the respective Presidents, to get a sense of where the business community is headed and perhaps more importantly in our circumstances to learn more from the standpoint of the respective umbrella organizations about the challenges confronting them in the course of their private sector advocacy effort.