Daily Archive: Friday, October 4, 2024

Articles published on Friday, October 4, 2024

Singapore, UK, Taiwan on CEO World leader board of investment friendly countries

CARICOM countries remain ‘off the pace’ For all the international attention which Guyana has derived in recent years on account of the country’s ‘world class’ oil finds and the various prognoses that have been articulated for the country’s future, it will, it seems, be some time before it secures any of those global accolades reserved for the ‘high fliers’ in the global economy.

Jamaican Agriculture Minister, Floyd Green

Hurricane Beryl would almost certainly have endangered CARICOM’s 25×2025 projection

While in the immediate aftermath of Hurricane Beryl businesses in Jamaica that depended heavily on the agriculture sector for substantial amounts of both their local and external earnings are still focused on recovery, the country’s Agriculture Minister Floyd Green recently provided assurances that the sector is poised to make a speedy recovery, rather than have to enjoy a prolonged period of stagnation and/or decline.

Suriname Finance Minister Stanley Raghoebarsing.

Suriname’s oil ‘bonanza’ yields positive World Bank response

Not unmindful of Suriname’s likely emergence as a global oil giant in the not too distant future the World Bank has ‘opened its coffers’ to Guyana’s neighbour to the east that has seen the Bank Group’s Board of Directors endorse a new strategic partnership with the country that will last over the next four years and is reportedly focused on supporting the country’s long-term development vision.

FINANCE MINISTER: Colm Imbert

Trinidad to divest 49% stake in CLICO

(Trinidad Express) The Government intends to sell its 49% shareholding in Colonial Life Insurance Company (CLICO), Minister of Finance Colm Imbert has announced, revealing that approximately TT$13 billion is still owed for the bailout of CL Financial.

Caribbean Week of Agriculture must focus almost entirely on climate mitigation

The fact that this year’s Caribbean Week of Agriculture, which is being held from October 7-11  is being staged a mere handful of weeks after Hurricane Beryl had devastated the agriculture sector in several countries in the region, is surely the issue that ought to be at the core of the contemplations and outcomes derived from this event.  The organizers of the programme for the CWA event, one assumes, are altogether aware of the fact that any programme that neglects to tackle, front and centre, Beryl’s rampage and what we can do to spare ourselves at least some of the consequences of another of the region’s annual weather upheavals is unlikely to find favour with astute analysts.

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1091s trading results showed consideration of $977,814 from 4,249 shares traded in 14 transactions as compared to session 1090’s trading results which showed consideration of $2,229,280 from 8,494 shares traded in 23 transactions.

Freedom of worship

Sometimes the authorities seem to get their categorizations confused. Nowhere was this more evident than in the case of Mr Sheldon Baharally, a declared Christian, who complained about the noise nuisance from a nearby church in Mabaruma.