Business

On Thursday of next week, November 21, representatives of the local creative community will gather at the Pegasus Hotel for the media launch of the Fifth Edition of the Women in Business Expo, an event that affords glimpses into the pursuits of a mix of some of the country’s emerging talents and other kindred spirits that have already made a mark for themselves.

The government of the South American nation of Ecuador is reportedly facing a robust pushback from indigenous groups to plans to press its oil industry into service to boost its economy by attracting foreign oil investors to the country.

Not too many years ago even the more open-minded Caribbean people might have baulked at the idea of marijuana becoming a mainstream product in both the medicinal and recreational industries never mind the popular ‘Legalize It” refrain of the internationally renowned and now deceased Jamaican reggae artiste Peter Tosh.

President of the Caribbean Development Bank (CDB) Dr. Warren Smith is advocating a private sector-led, regionally coordinated initiative to help the Caribbean optimize its benefits from the international business and financial services (IBFS) sector.

Across the range of skills to drive the country’s development it has become painfully apparent that the scarcity that we are continue to experience is impeding the pace of our development and that unless urgent corrective measures are put in place there is a very real chance that we could be left behind.

Kitco Market Data Gold Prices for the three day period ending Thursday November 14, 2019

*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.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 851’s trading results showed consideration of $78,383,073 from 302,967 shares traded in 22 transactions as compared to session 850’s trading results which showed consideration of $21,634,601 from 198,212 shares traded in 19 transactions.

The report in the Wednesday November 13 issue of the Stabroek News that the Canadian Food Inspection Agency (CFIA) did not, after all, provide certifying clearance for the four containers of assorted food items imported from Canada by Guyanese businessman Faizal Asif Iqbal Alli which were impounded on the authority of the Government Analyst-Food & Drugs after being deemed unsafe for consumption is both relieving and disturbing.

The release by the local Customs Administration of two containers of what is believed to be “substandard” foods to an ‘importer’ who is set to face the courts on related charges, without the consent of the Government Analyst-Food and Drugs Department (GAFDD) represents a sharp departure from an existing agreement between the two agencies, GAFDD Director Marlan Cole has told the Stabroek Business.

The disclosure earlier this week by the Government Analyst-Food & Drugs Department (GAFDD) that four containers of “substandard” food items imported from Canada had been cleared for export by documentation purportedly issued by that country’s state-run Canadian Food Inspection Agency has been followed by a letter to the Agency by GAFDD Director Marlan Cole calling on it to exercise “greater regulatory oversight and /or scrutiny for items facilitated bearing your approval as wholeness from Canada to Guyana”.

Make mention of thriving agricultural communities across Guyana and the East Bank community of Mocha is not the first name that comes to mind, but over the years some of the longstanding land holders in this tightly knit community have drawn wider attention to their efforts to make a living from cultivating its backlands and finding markets for their produce.

Kamarang is one of two best-known gold-mining locations in Region Seven’s Upper Mazaruni District.

Having already soaked up a slew of international criticism over what is characterised as its healthy contribution to oil-related climate degradation, ExxonMobil, one of the world’s most powerful energy giants, was on Wednesday October 30, compelled to endure the sight and sounds of one of its most high-profile former bosses conceding that its longstanding posture notwithstanding, the company knew the climate change was not just a reality but that it was a real issue.

A joint effort that may yet be a most significant initiative by the Guianas to kick-start a tourism undertaking that will collectively benefit the three countries, Guyana, Suriname and French Guyana, got underway in Georgetown yesterday.

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 850’s trading results showed consideration of $21,634,601 from 198,212 shares traded in 19 transactions as compared to session 849’s trading results which showed consideration of $1,027,995 from 5,652 shares traded in 8 transactions.