Rawle Lucas

The Lucas Stock Index (LSI) declined 2.468 percent during the third period of trading in January 2018.

LUCAS STOCK INDEX The Lucas Stock Index (LSI) fell 1.397 percent during the third period of trading in December 2017. 

The Lucas Stock Index (LSI) rose 1.25 percent during the first period of trading in December 2017.

Sizable quantity One of the things that we notice from trade data provided by the World Trade Organization (WTO) is the dominance of manufactured goods in total merchandise trade in generating income for exporting countries. 

Flurry of activities There continues to be a flurry of activity and plenty conversation about oil and gas in Guyana. 

Diversity of service With November being the month in which Caribbean countries were asked to celebrate tourism, this writer was encouraged to explore the subject of tourism further, particularly as it pertained to Guyana. 

General overview More often than not when one thinks about a tourist area, blue waters, white sandy beaches and surf boards are things that come to mind.

Recap October’s focus has been on shedding light on the concept of competition.

Part 3   Overview For the past two weeks, the articles have been focused on the issue of competition.

Competitiveness in industries Last week’s article identified some of the characteristics of competition and the role that it plays in making an economy better. 

Light on competition Almost every set of recommendations for improving the economy of developing countries contains references to competition. 

Extreme damage The extreme damage and swath of devastation that have occurred over the past weeks have left many wondering as to what is really happening with global warming and climate change.

Routine Sometimes people do not think of things that they see or do, especially when the occurrence becomes routine. 

Stages of development Reflecting on Rostow’s stages of economic growth, one realizes that economic development starts with agriculture. 

Dominant Recall from last week’s article, the overall situation of the commercial banks can be regarded as satisfactory despite the distortions in the foreign exchange market earlier in the year. 

Part 1 Decline in profits The Guyana Bank for Trade & Industry (GBTI) has reported its half-year profits for the year 2017.  

Preventing measures Last week’s discussion of local content around Guyana’s oil industry established two key points based on current talks on the matter.

Noise around local content Guyanese have been clamouring for local content provisions in their relationship with ExxonMobil since it became obvious that oil production will be undertaken by the multinational oil giant.