A United States-based Guyanese college professor is advocating the establishment of a Ministry of Employment and Training Service (METS) in Guyana to help create a cadre of trained local personnel to respond to the needs of the country’s oil & gas sector and the wider Guyana economy.
With successive political administrations in Guyana having made several failed attempts at improving the country’s trading links with the rest of the Caribbean Community (CARICOM), the present government is reportedly having yet another try at improving trading links with the region, according to a March 27 Caribbean Business Report story which hints at the likelihood of yet another attempt to do so.
Some of the earliest reports on Guyana’s oil & gas discovery and recovery pursuits this year focussed on Westmount Energy, an investor in the Canje Block.
More than a year after the global onset of the COVID-19 pandemic triggered the hurried region-wide closure of schools across Latin America and the Caribbean, the World Bank has said in a report released last week that the consequential “enormous losses in learning, human capital, and productivity, may translate into a decline in potential aggregate earnings for the region of US$1.7 trillion, or approximately 10 per cent of total baseline earnings.”
Gold Prices for three day period Thursday August 2, 2018
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
Under the previous political administration, two Ministers of Government, first, the then Finance Minister Winston Jordan and afterwards, Dominic Gaskin in his capacity as Minister of Business, made public what they said was government’s intention to usher in the full and effective implementation of the provision in the 2004 Small Business Act to allow for small businesses to access 20 per cent of state contracts in circumstances where the effective completion of those contracts lay within the scope of their competence.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 908’s trading results showed consideration of $49,098,157 from 440,723 shares traded in 20 transactions as compared to session 907’s trading results which showed consideration of $12,637,918 from 127,803 shares traded in 18 transactions.
A former president of the Georgetown Chamber of Commerce and Industry (GCCI) has said that the current preoccupation by Business Support Organizations (BSO) with the Local Content spinoffs that promise to derive from the country’s emerging oil & gas industry ought to be matched by a corresponding vigorous lobby for the creation of a domestic economic environment that helps facilitate broader substantive private sector growth.
The Caribbean’s road to recovery from the economic effects of COVID-19 could be a long and testing trek particularly for countries whose economies are hinged to a tourism industry battered by the ravages of the COVID-19 pandemic, the International Monetary Fund (IMF) says in its most recent “Country Focus” on the Caribbean, released last week.
It has been more than 30 years since Guyana embraced free market principles that advanced the private sector as the engine room of the country’s economy.
Events of the past week continue to yield a lack of clarity as to just where Venezuela’s oil industry is headed as the Donald Trump administration in the United States continues to fade into history.
As Caribbean governments continue to contemplate a way back from the devastation inflicted on the region’s respective economies arising out of the still raging coronavirus, outgoing President of the Caribbean Development Bank (CDB) Dr William Warren Smith says that as part of the recovery process, countries should cede a bigger role to their respective private sectors.
Locked in what appears increasingly, to be an uphill battle against childhood obesity, and what has been described as the “regional epidemic” of non-communicable diseases (NCD), the Caribbean appears to be preparing for its latest pushback against these twin scourges that lie close to the top of the region’s key health concerns.
As if the scourge of the COVID-19 pandemic is not in itself, already posing the most serious of human health challenges, the World Economic Forum (WEF) is saying that spinoffs from efforts to push back the virus are in themselves, creating other problems.
Gold Prices for the three day period ending Thursday March 25, 2021
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 907’s trading results showed consideration of $12,637,918 from 127,803 shares traded in 18 transactions as compared to session 906’s trading results which showed consideration of $18,136,621 from 216,244 shares traded in 33 transactions.