Business

Trinidad and Tobago Chamber of Industry and Commerce President Kiran Maraj
Trinidad and Tobago Chamber of Industry and Commerce President Kiran Maraj

Business in TT back-footed by further crime surge: PM’s speech does little to quell business’ concerns

The Government of Trinidad and Tobago is facing a concerted private sector protest over what the business community says is its acute vulnerability to the present bloody urban crime wave which, apart from its manifestation in cold-blooded murders and confrontations among heavily armed gangs, has also been having a severely debilitating effect on a private sector now seized with an acute attack of jitteriness. 

GTU executives speaking at a press conference
GTU executives speaking at a press conference

The Teachers’ strike: The children speak

Employing phrases ranging in severity from ‘pi..ed off’ to ’frustrated’ ‘(eight children attending state-run secondary schools in Region Four last week expressed to the Stabroek Business their concern over the likelihood of them being unable to fill the tuition gap created by the recently ended protracted teachers’ strike, which will now have to be filled, somehow, prior to the commencement of the Caribbean Examinations Council (CXC) scheduled for mid- next year.

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1080’s trading results showed consideration of $26,927,489 from 84,911 shares traded in 52 transactions as compared to session 1079’s trading results which showed consideration of $12,646,380 from 23,680 shares traded in 30 transactions.

The CARICOM Secretariat's

Our fragile ‘Community’ credentials

Whenever natural disasters – or other events that legitimately merit media attention – occur in the region, reporting ‘prejudices’ frequently exclude those tiny pockets of Caribbean people who occupy small geographic spaces in bona fide Caribbean territories, but which rarely for any reason – save and except some earth-shattering occurrence that simply cannot be ignored – attract the attention of the mainstream regional and/or international media.

A man removing tree branches in Caribbean Terrace neighbourhood as Hurricane Beryl approached, in Kingston, Jamaica, July 3, 2024. REUTERS/Marco Bello/File Photo Purchase Licensing Rights

Leaders from Beryl-hit Caribbean say more funds needed

(Reuters) – The leaders of small Caribbean island nations on Thursday said that financial damages wrought by the passage of Hurricane Beryl would run beyond their capacities and urged lenders to ease financing to address the worsening impacts of climate change.

Banana wipeout at St. Mary: Jamaica’s agro processors picking up the post- Beryl pieces

Widely regarded as having the standout agro processing sector in the Caribbean, based on the success that its agro produce has enjoyed on the international market, Jamaica is reportedly focused on repairing the extensive damage that was inflicted on its huge farms that provide the various fruits, vegetables, spices and herbs that sustains the agro processing sector, raking in a significant share of the country’s foreign earnings.

Guyana public, private sectors talent hunting in New York

The advent of Guyana’s oil and gas era already having triggered an expansive state-led exercise designed to elicit global attention into the prospects that inhere in the promise of an emerging petro state, the Government of Guyana has also been targeting Guyanese abroad through a continually unfolding PR effort to entice them to return home to take up new job opportunities that are likely to emerge in a transforming society.

Oneidge Walrond

Minister Walrond ‘talks up’ readiness for tourism takeoff

With Guyana now ‘soaking up’ its global popularity as a favoured destination for business and – to a lesser extent – as a holiday destination, Tourism Minister Oneidge Walrond had unsurprisingly announced late in June that visitor appetite for the country is expected to increase for the rest of 2024.

Stock Market Update

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1079’s trading results showed consideration of $12,646,380 from 23,680 shares traded in 30 transactions as compared to session 1078’s trading results which showed consideration of $64,276,949 from 300,880 shares traded in 58 transactions.

Beryl’s rampage and the regional food security initiative

It is a matter of considerable irony that even as a number of Caribbean/CARICOM countries remain engrossed in the process of picking up the proverbial pieces from the destructive assault visited upon them by Hurricane Beryl, and when such limited agricultural sectors as exist in some of the smaller territories in the region would have been swept away by the onslaught, the Caribbean, at least up to this time, has said nothing about the lessons learnt from Beryl’s tantrums for redesigning strategies that ensure its food security bona fides can at least hold its own,  to some extent, when weather rampages occur.

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday July 11, 2024 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

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