Business

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 871’s trading results showed consideration of $7,698,040 from 36,714 shares traded in 12 transactions as compared to session 870’s trading results which showed consideration of $1,524,037 from 16,604 shares traded in 8 transactions.

Notwithstanding the fact that small and micro enterprises (SMEs) play an important role in the economic life of most countries, particularly in the instances of developing countries like Guyana, the history of the Business Support Organisations (BSO) in Guyana which includes the Private Sector Commission (PSC), has not, as a matter of policy, reflected in their pursuits, a commitment to providing sustained support for what we in Guyana deem to be small and micro enterprises.

The outbreak and subsequent spread of the Coronavirus has had a “devastating effect” on the global oil & gas industry and the likelihood that the effects could be felt in the current phase of Guyana’s fledgling oil & gas sector, which is proceeding under the control of the US super major, ExxonMobil, cannot, it seems, be ruled out.

There has always been a tendency, even in circumstances of presumed emergency, for Guyanese, on the whole, to strike a ‘business as usual posture,’ or else to trust what we customarily call ‘pot luck,’ that whatever danger may be ‘out there,’ we will, somehow, ‘dodge the bullet.’

It was not so much her own passion as it was her late mother’s that took Rehana Agard into the hair care and beauty industry. 

Global concerns over the spread of the coronavirus have forced countries around the world to close schools prematurely and for durations that cannot, in the immediate term, be determined, but while the World Bank accepts the eventuality as a regrettable necessity it says that there could be a high price to pay for keeping children out of school for what now seems likely to be an extended period. 

Crystal Ramlakan is a refreshingly unassuming person; as an artist she makes no pretence at possessing some coveted creative genius, fashioned from childhood and now matured into something that demands that the world sit up and pay attention.

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

Kitco Market Data Gold Prices for the three day period ending Thursday March 26, 2020

There was something  chillingly blunt about what appeared to be as much an admonition as a warning from the resident representative of WHO/PAHO, Dr William Adu-Krow, a few days ago, about what he appears to  believe has been a dangerously delinquent public response to the strongly recommended ‘social distancing’ urging in the face of the current rampaging coronavirus.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 870’s trading results showed consideration of $1,524,037 from 16,604 shares traded in 8 transactions as compared to session 869’s trading results which showed consideration of $225,429 from 2,709 shares traded in 4 transactions.

Continued focus by the US super major, ExxonMobil, on further developing oil production offshore Guyana is one of the priority pursuits of the company’s immediate-term investment plans, against the backdrop of its recent disclosure of plans to sustain capital expenditure levels of between US$30 billion and US$35 billion through to 2025.

Guyana and the rest of the Caribbean are hunkering down as best they can in response to the arrival of the Coronavirus (COVID-19) in the region.

At 20, Alexandra Willabus concedes that where her future is concerned she is still straddling fences.

Even after having made it clear that its multi-billion dollar budget for the next five years takes high-priority based on its ongoing oil recovery operations offshore Guyana, the US oil company ExxonMobil is seemingly rethinking its operating strategy, going forward, on account of the raging coronavirus pandemic that is now menacing key sections of the global economy.

Pronouncements as to just where Guyana’s oil and gas industry is heading and just how long it will take for the country to leave a significant footprint on the sector as big as at least some of the members of the Organization of Petroleum Exporting Countries (OPEC) continue to flow thick and fast even as ExxonMobil continues to ramp up the country’s oil production levels.

Bizarre stories of thousands of tourists marooned on cruise ships in various parts of the world, prevented from disembarking at various ports on account of concerns about the spread of the coronavirus could be just the tip of the iceberg insofar as the longer-term impact of the virus on the global tourism sector is concerned if World Travel & Tourism Council (WTTC)-envisaged longer-term impact of the virus on the sector is even remotely realistic.