Business

There are several challenges, both short and longer term that accrue to the agriculture sector in the wake of the floods that are still affecting significant areas of the country at this time.

Guyana last week recorded its second ever shipment of oil to India when the one million barrels of crude left here for delivery to the state-owned Indian Oil Corp Ltd.

When we went in search of De Hoop, Mahaica rice farmer Moorlia Ganschiana just over a week ago, we were told that he had gone fishing.

Against the backdrop of the June 27 United Nations-designated Micro-, Small and Medium-sized Enterprises Day the Guyanese-American Chamber of Commerce says in a media release that both the Guyana and United States governments must seek to enhance their efforts to nurture micro-, small and medium-sized enterprise development.

On Friday June 2, Reuters reported that data from Venezuela’s state-owned oil company PDVSA coupled with the comings and goings of oil tankers suggested that the beleaguered South American Republic’s oil exports had increased in June.

Even as Barbados, along with the rest of the Caribbean, continues to feel the economic impact of the Covid-19 pandemic particularly in the small business sector, its government appears to be backing the cooperatives sector to help navigate the country through its current economic challenges.

Weeks after assuming office as the sixth president of the Caribbean Development Bank, the St.

Former president of the Caribbean Development Bank (CDB), Dr Compton Bourne is calling for an increased number of small businesses in the composition of business enterprises across the region.

Scotia Bank’s operations in both Trinidad and Tobago and Jamaica, have reported some measure of success in navigating the choppy waters of the quarter that ended in April this year.

The fact that the Caribbean and Latin America are badly lagging behind member countries of the Organization for Economic Cooperation and Development (OECD) is stymying development in the hemisphere and points to the need for urgent and significant investment in broadband penetration in order to close the digital divide, a recent study by the Inter-American Development Bank (IDB) says.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 922’s trading results showed consideration of $21,817,712 from 125,110 shares traded in 29 transactions as compared to session 921’s trading results which showed consideration of $59,934,425 from 239,487 shares traded in 31 transactions.

The twin factors of climate change and the impact of the coronavirus pandemic on labour loss and its implications for the agricultural sector are among the primary factors that now bring the issue of food security in the Caribbean into ever sharper focus.

Gold Prices for the three day period ending Thursday July 08, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

It would be difficult to find anywhere across the country a group of farmers and agro processors more resolute, more determined, than the members of the Mocha Arcadia Multipurpose Agriculture Co-operative Society (MAMPA).   

This week’s disclosure through a Georgetown Chamber of Commerce and Industry (GCCI) media release that the Business Support Organization (BSO) had signed a Memorandum of Understanding with the University of Guyana (UG) aimed at (as the release put it) “bridging the gap between industry and academia,” marks, seemingly, yet another initiative to establish the kinds of links between the two institutions which ought to have been in place long ago and which, in their scarcity appears to reflect a certain across-the-board indifference on both sides to the importance of a collaborative effort that is important to the country’s development.

With agro-processing, over the past two decades, having gradually worked its way towards becoming one of the fastest-growing generators of employment in Guyana, the recent announcement that the United States Agency for International Development (USAID) is partnering with a US/Guyana initiative to advance the technology base of the agro-processing industry here ought to attract significant interest among local agro-processors.

Widely regarded as a faithful but, frequently, unreliable servant of regional air travel, Caribbean Airlines, in a recent statement, is seeking to provide the region with an undertaking that it will not only recover from its catastrophic revenue losses arising primarily out of the impact of Covid-19 and its repercussions for regional air travel, but also that the carrier will realise that undertaking with no reduction in the quality of its service to the region.