Rawle Lucas

Introduction On January 28 last, a meeting was held in Linden that could be considered the continuation of a process that started last year to rebuild the region’s economy. 

Change in structure A particularly interesting feature of the Guyana economy is the growth that it has exhibited over the last several years. 

Business focus A new year has begun and many businesses are getting in stride with implementation of the plans that they would have developed for execution in the unfolding operating period. 

Build not destroy From reading the letters and stories in the daily papers in Guyana, it is obvious that Guyanese have entered the year 2014 with a new resolve to make things better for themselves. 

Green-colored currency It is the season when money matters and as Christmas draws near Guyanese will spend plenty of it. 

Part 2   Customer behaviour   As was noted in Part 1 of this article, the management of DDL is in control of the economic resources of the company and has little to fear from shareholder activism. 

(Part 1)  By Rawle Lucas Leadership change The company that has the ship as its logo is about to sail into a new era. 

Impasse The impasse over the amendments to the 2009 Anti-money Laundering and Financing of Terrorism Act is a perplexing one. 

Missed opportunities For some time now Guyana has been using the public-private partnership (PPP) to invest in the creation of several public goods. 

Continued from last week   Asymmetry of information The proposed regulatory changes identified in the previous part of this article reflect several deficiencies in the form and substance of reports. 

(Part 1) Choice of Theme Last week the Institute of Chartered Accountants of Guyana held its annual conference under the theme “Focus on Financial Services”. 

Unmistakable   The draft Anti-Money Laundering Bill has replaced the Bill on Amaila Falls as the talk of the town. 

Principal Owner Property Holdings Inc is a company that was incorporated on October 5, 1999 for the specific purpose of managing or disposing of property owned by Guyana Stores Limited (GSL).  

Self reliance On Monday last, the administration launched the Micro and Small Enterprise Development (MSED) Project. 

Self-evaluation The specific ‘no objection’ role that cabinet plays currently has to do with evaluating how well and fair the procurement process itself has been working. 

First decade With a low debt profile, working capital over $5 billion and in excess of $2 billion in cash, Banks DIH is nowhere close to being in trouble. 

Marginal role Cooperatives, though useful, are not a noticeable tool in Guyana’s economic development. 

Variable performance Sterling Products Limited (SPL) is about to complete its ninth month of operation in 2013 and its economic performance might well remain an enigma to its shareholders as the company moves towards its 59th Annual General Meeting next year. 

Outward movement Guyana continues to be a net exporter of its human resources and has one of the highest emigration rates in the world. 

Reliable data is very important for conducting analysis and for making good decisions.