Business

By Pilipinas F. Quising, Shiela Camingue-Romance. Reprinted from Caribbean News Global Media Recent disruptions in rice production and trade, coupled with adverse weather conditions, have increased global rice prices, impacting food security and economic stability across Asia and the Pacific.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1074’s trading results showed consideration of $32,908,995 from 103,480 shares traded in 35 transactions as compared to session 1073’s trading results, which showed consideration of $11,119,923 from 36,357 shares traded in 44 transactions.

Back in April last, news broke that Guyana, for reasons that had to do, largely, with the country’s access to large tracts of arable land, was to be the location of a regional food security terminal.

If there remains an acute recognition that, in terms of facilities associated with international gatherings, Guyana still lags behind many of its Caricom counterparts, the republic’s bona fides as the region’s now fastest growing economy has made it the current choice of destinations in the region for the hosting of major international conferences on regional and international business issues.

Guyana is targeting the ‘topping’ the 710,000 tonnes’ rice production target of set in the country’s 2024 budget, an accomplishment that will provide an encouraging measure of assurance in circumstances where the rice industry is challenged to both meet domestic consumption needs as well as to shoulder its responsibility to the wider regional needs in the context of helping to meet the food security challenges facing the wider Caribbean.

Already having established a noteworthy reputation on the extra-regional market for success in penetrating sizeable sections of the international market for agro-processed products, Jamaica’s agro-processing sector is pushing the country’s farmers harder to increase production at the level of the farm in order to further expand the sector’s international market.

With the issue of climate change and its continually degrading effects on environmental, social and economic circumstances, particularly in poor countries, becoming an increasingly acrimonious item on the global climate agenda, Prime Minister of the tiny and climate vulnerable Caribbean Community (CARICOM) member state of Antigua and Barbuda, Gaston Browne, has seized the opportunity afforded by his country’s presidency of the decade’s Summit for Small Island Developing States (SIDS), on Monday, to blast “empty” and “grossly inadequate” climate pledges, saying wealthy nations have failed to meet obligations to limit damages from carbon emissions.

Various earlier initiatives designed the long-weakened links between Africa and the Caribbean in forgettable ‘business collaboration,’ most notably the slave trade.

Irresponsible road use and the various negative consequences of the phenomenon, coupled with the failure of the authorities to match what now appears to be the most serious challenge ever to safety on our roads, has recently attracted a pointed public statement from the Georgetown Chamber of Commerce and Industry [GCCI], ‘calling out’ the authorities on what it sees as a heightened regime of lawlessness in the country’s road use culture and particularly “the inadequate management of road usage by heavy duty trucks.”

The surfeit of crime that is currently affecting some Caribbean Community (CARICOM) countries is doing nothing to stem the flow of extra regional visitors who have always favoured this part of the world as destinations for reflection and relaxation.

If the prognosis provided by the United Kingdom oil company, United Oil Plc.,

Two contiguous South American neighbours with eye-catching petro power potential may well be an emerging reality for the international community to contemplate as news emerges of what, reportedly, has been a recent major development in Suriname’s unceasing effort to transform its known significant oil reserves into a tool with which to transform the fortunes of the country’s economies.

Kitco Market Data Gold Prices for the three day period ending Thursday May 30, 2024

Guyana is not one of those ‘hot spots’ – so to speak – among the territories in which matches of the 2024 Cricket World Cup (CWC) will be played where serious security-related occurrences are expected to mar the events themselves, or create a discomfiting atmosphere, particularly for visitors to the country who will arrive here to see the games.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1073’s trading results showed consideration of $11,119,923 from 36,357 shares traded in 44 transactions as compared to session 1072’s trading results, which showed consideration of $27,736,343 from 166,739 shares traded in 33 transactions.

Against the backdrop of an increased focus among governments in the region on concerns relating to organized crime, Guyana’s Attorney General, Anil Nandlall, met recently with a delegation from the Europe-Latin America Programme of Assistance against Transnational Organized Crime, (TOC) according to a Tuesday May 14 Department of Public Information (DPI) report.