Daily Archive: Friday, September 20, 2024

Articles published on Friday, September 20, 2024

Mexican Ambassador to Guyana, Mauricio Vizcaíno Crespo  (right) and Prime Minister Mark Phillips (second from right) at the Mexican national day event. (Office of the Prime Minister photo)

Imminent creation of Guyana/Mexico Business Chamber underscores country’s growing petro profile

Just over half a century after formal diplomatic relations between Guyana and Mexico were established in 1973, Mexican Ambassador to Guyana Mauricio Vizcaíno–Crespo has announced that bilateral economic relations between the two countries will be further deepened with the establishment of a Guyana-Mexico Chamber of Commerce by the end of this year that will focus on fostering ties between businesses from the two nations by the end of 2024.

Barbados Financial Analyst Avinash Persaud

Renewable energy investment fund proposed

By Shawn Cumberbatch Barbadian Financial Analyst Avinash Persaud, who is the special adviser on climate change to the President of the Inter-American Development Bank (IDB), is proposing the creation of a fund that could quickly double investment in renewable energy “in one step”.

Participants and facilitators of the training in Grenada

Grenada welcomes support from the UK and CCCCC to increase access to climate finance and response to climate change

The Ministry of Climate Resilience, the Environment and Renewable Energy welcomes support from the United Kingdom (UK) Government and the Caribbean Community Climate Change Centre (CCCCC) to equip more than 25 technical officers and sectoral experts to develop bankable climate projects to increase the country’s access to climate finance and improve its response to climate change. 

Presidents Irfaan Ali and Chan Santokhi in Paramaribo

IMF upbeat on Suriname’s petro prospects

In much the same way that, in recent years, reportage on Guyana’s economic outlook has benefited from a more favourable international profile arising out of the country’s world class oil finds, so too are more pleasing evaluations of neighbouring Suriname beginning to emerge.

Weigh-ins for Georgetown teams set for ‘Six Head’ gym today

GBA U-16 Championship Guyana Boxing Association (GBA) Technical Director Terrence Poole confirmed that the official weigh-in exercise for the U-16 Championship in Vergenoegen will occur today for Georgetown teams at the Andrew ‘Six Head, Lewis Gym, with the process for teams outside the capital city occurring tomorrow at the West Demerara facility.

Zulfikar Mustapha
Minister of Agriculture

Allegations of fraud at the GMC raises questions as to how that agency will function, going forward

In the wake of the controversy swirling around the Guyana Marketing Corpora-tion (GMC) arising out of allegations that the state-run entity has become caught up in a “massive fraud”, agro processors with whom the Stabroek Business spoke with last week and earlier this week have told this newspaper that while they believe that the GMC should remain a state-run entity, a body should be created “outside of the Ministry of Agriculture to be responsible for the running of the entity.”

St. Pius, Enterprise, Redeemer to highlight tomorrow’s opening round

Pee Wee U-11 Football Championship The Petra Organisation, the coordinators of the Pee Wee Boy’s U-11 Football Championship, conducted a team briefing and ball distribution exercise yesterday for the competing teams at the National Library ahead of the event’s kickoff tomorrow at the Ministry of Education ground, Carifesta Avenue.

Minister of Industry, Investment and Commerce,
Senator Aubyn Hill, August 28 [Photo: Mark Bell]

Jamaica’s minister calls on MSMEs to embrace digital transformation

By Sherika Williams KINGSTON, Jamaica, (JIS) – Micro, small, and medium-sized enterprises (MSMEs) are being urged to embrace digital transformation to remain competitive in the global economy, delivering the keynote address at the Digital Jamaica Summit and Showcase, recently at The Jamaica Pegasus hotel in Kingston, minister of industry, investment and commerce, senator Aubyn Hill, underscored the critical role of digital transformation in Jamaica’s future economic success.

Caribbean Development Bank deepening support for regional small businesses

Micro and small business owners and aspirants across the Caribbean, not least here in Guyana, are likely to proffer mixed responses to this week’s announcement that the Bridgetown- based Caribbean Development Bank (CDB) has approved US$160,000 to fund a feasibility study for the establishment for a Regional Credit Enhancement Facility (RCEF) for Micro, Small and Medium-sized Enterprises (MSMEs).

T&T’s crime spree and the credentials of the Guyana Police Force

While much of the reportage on the current ‘crime spree’ that has gripped CARICOM member country, Trinidad and Tobago (T&T), has focused on its impact on the country’s business community, some analysts are insisting that a thought be spared for the ‘average Joe /Josephine’ whose only wish is to live in a society where the extent of his/her worry is confined to living in a well-ordered environment.

PM Gonsalves and Venezuela

No one could have accused St Vincent Prime Minister Ralph Gonsalves of equivocation when he spoke to this newspaper on Saturday; on the contrary he was disarmingly candid and clear-cut.

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1089s trading results showed consideration of $6,813,616 from 11,673 shares traded in 32 transactions as compared to session 1088’s trading results which showed consideration of $3,022,771 from 8,996 shares traded in 23 transactions.