Business

It is not just Guyanese who have been slipping in and out of daydreams arising out of the seemingly limitless prospects that repose in the country’s fast arriving oil and gas sector.

Even as Russian bauxite company, RUSAL appears to have struck a posture consistent with its recent signal that it may be pulling out of the contractual arrangement with the Government of Guyana through what has been reported as their recent strategic shifting of equipment, General Secretary of the Guyana Trades Union Congress (GTUC) Lincoln Lewis has told Stabroek Business that he is “still not as convinced as RUSAL wants us to believe” that their departure is imminent.

Across the range of skills that are necessary to drive the country’s development it has become apparent that the scarcity that we continue to experience in critical areas could have a serious negative impact in the period ahead.

A Region Three lumberyard owner whose operations have reportedly been creating serious “dust and noise nuisances” in the residential community in which it operates for some time, has finally been required to bring an end to his neighbours’ ordeal through a list of terse orders from the Environmental Protection Agency (EPA).

If you engage Josie offstage and outside her comfort zone as an entertainer, you would probably be forgiven for thinking that she is a shy, even introverted young woman, who is simply seeking, as we say in Guyana, to get on with her own life.

On Monday November 18 a group of farmers from Parika in Region Three,  reciprocated an earlier visit paid to their community by farmers from the community of Mocha on the East Bank Demerara under the Guyana Marketing Corporation’s Farmers’ Exchange Programme, the objective of which is to allow for the sharing of experiences and deriving mutual benefit from each other’s pursuits on their respective farms.

Reported concerns in Jamaica that easy access to marijuana-laced snack foods could be putting the health of children at risk would appear to be doing nothing to stem that tide of commercialisation of the products, according to reports from the Caribbean Community member country.

With the proverbial walls closing in on Venezuela on account of the United States-driven political squeeze of the Maduro administration through the choking off of that country’s oil exports, reports continue to surface about the South American republic pressing so-called ‘dark ships’ into service to continue its oil exports.

Gold Prices for the three day period ending Thursday November 21,, 2019

The new Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 852’s trading results showed consideration of $2,536,394 from 7,729 shares traded in 9 transactions as compared to session 851’s trading results which showed consideration of $78,383,073 from 302,967 shares traded in 22 transactions.

Two things have long been clear about the challenges facing the Government Analyst-Food & Drugs Department (GAFDD) in the matter of its responsibility to protect the country from the proliferation of likely unwholesome imports into the country and the attendant consequences.

Advocating for the allocation of a “fair share” of the returns from the country’s oil and gas industry, bringing the Essequibo Chamber of Commerce (ECC) into the national business mainstream and aggressively promoting the ‘Cinderella County’ as a hotspot for tourism are among the key priorities of  Region Two businessman Roopan Ramotar who, last Sunday, was elected Chairman of the (ECC).

While the local response to this week’s disclosure that the British company Tullow Oil is now in the process of reassessing the commercial viability of its recent oil discoveries offshore Guyana has been relatively muted, not so that of the wider international community including those constituencies with vested interests in the well-being of the company.

Fashion designer Carol Fraser has told the Stabroek Business that while the exposure secured by the Guyanese contingent that participated in the October 9-10 Florida International Trade Conference and Expo (FITCE) in Fort Lauderdale was helpful local participants need to become more familiar with “what to expect of these kinds of events” if they are to benefit from them.