Business

Power ship to the rescue

Power woes and the removal of VAT on standby generators

Seemingly mindful of the fact that significant state investments in the electricity sector have still not brought the country’s erratic power supply into the realm of normalcy the Georgetown Chamber of Commerce and Industry (GCCI) has pointedly expressed its satisfaction with the decision by government to remove Value Added Taxes (VAT) from ‘stand by’ generators that continue to be imported into the country in considerable numbers.

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1108’s trading results showed consideration of $12,909,323 from 47,435 shares traded in 48 transactions as compared to session 1107’s trading results which showed consideration of $7,753,246 from 17,021 shares traded in 29 transactions.

Lessons learnt? Jamaica aiming to ‘go big’ on food security

Seemingly mindful of the sustained threat to the food security of much of the Caribbean from a seasonal climate crisis that wreaks havoc with food production, Jamaica appears set to double down on its historic commitment to agriculture, announcing recently, through its Agriculture Minister Floyd Green, that the country will be pumping $J6 billion in research to improve the varieties and yields of a number of agricultural crops over the next six years.

CDB clearing entrepreneurial paths for women businesses in the region

With Caribbean governments having long been subjected to criticism for failing to actualize many of the undertakings they give on the accelerated advancement of the interests of women, the Caribbean Development Bank (CDB), through the She Trades Caribbean Hub, a Joint initiative with the International Trade Centre (ITC), will launch a new partnership aimed at strengthening North American market access for the region’s women entrepreneurs.

Belize the standout CARICOM member country in fight against financial crimes

In a region that continues to come under increasing international scrutiny arising out of occurrences that point to a proclivity for the pursuit of money-laundering and other financial crimes,  Caribbean Community member country, Belize, continues to accumulate plaudits for what is believed to be the state’s scrupulous efforts to combat money laundering and terrorism.

Guyana contingent at a previous Barbados Agro Fest event.

Local Agro Processors seek more favourable conditions for participation in B’dos Agro Fest

Even as news broke last week that more than seventy (70) local farmers and Agro Processors will be participating in this year’s February 21-23 Barbados Agro Fest event, local Agro Processors who have indicated to the Stabroek Business that they are desirous participating in the event are requesting that the organizers of the event make public such criteria and conditions as exist for their participation therein.

As part of Guyana’s pursuit of global standards recognition GNBS launches pursuit of standardization strategy

With the Government of Guyana now seemingly focused on seeking avenues through which to justify its ambition to secure global recognition as an emerging world class oil-driven driven country, one option through which it hopes to secure that recognition is the pursuit of a National Standardization Strategy (NSS) aimed at determining the standards needs of Guyana, across the various sectors and industries comprising encompassing the sectors in in the country’s economy.

Jamaica’s Caribbean Broilers Group investing heavily in regional poultry sector

With the ravages of Hurricane Beryl, not least the destruction of much of the region’s food security infrastructure still fresh in the minds of those worse affected by the disaster, Jamaica’s  Caribbean Broilers Group, (CBG) a leading company in specializations that include food production and distribution, animal genetics and nutrition, and integrated poultry and meat processing, is currently in the process of creating a J$15 billion plant to produce poultry for both local consumption and likely to seek to secure markets elsewhere in the Caribbean.

Trinidad and Tobago Prime Minister Dr. Keith Rowley.

Regional opinion on work-from-home policy divided… Trinidad Express report

Discourses at various levels on the implementation of a working-from-home (remote work) ‘policy’ in the Caribbean which had attracted earlier public attention during the period of the COVID 19 pandemic is seemingly beginning to surface again, in the region, predominantly in Trinidad and Tobago, where the issue of ‘remote work’ has been the subject of discourse in both public and private sector institutions.

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