In what can well be regarded as a breakthrough opportunity for local small and medium-sized business which, traditionally, have found it difficult to afford the high cost of benefitting from product exposure at international trade fairs, the Stabroek Business has been informed that locally based Guyanese businesses will have access to free booth space at which to display their goods at the October 9-10 Florida International Trade and Cultural Expo (FITCE).
STEM Guyana is using the longest holiday of the school year to good effect by reaching into some of the far corners of Guyana in collaboration with various partner organisations to help prepare the country’s young people to become what, sooner rather than later, will be the highly sought after labour force needed to take the responsibilities of economic and social development forward.
High levels of unemployment in the formal sector have long been steering new generations of job-seekers in alternative directions which, even up to a decade or so ago, would probably not have been on their radars.
Within a matter of weeks, revelations surfacing here in Guyana and in Trinidad & Tobago point to what would appear to be similar challenges being faced by law enforcement in the two CARICOM countries arising out of indications that policemen may be playing a role in facilitating the pursuits of criminals.
There appears to be no short-term end in sight to either the political crisis facing the administration of Vene-zuela’s President Nicholas Maduro or his country’s beleaguered economy as Washington earlier this week announced yet another round of punishing sanctions against the country believed to possess the world’s largest oil reserves.
The primary purpose of the Caribbean Festival of Arts (CARIFESTA) we are told, is to assemble artists, musicians, authors, and the various other strands of creative people and to display the folkloric, artistic and other creative manifestations of the Caribbean.
The Private Sector Commission (PSC) is upbeat about the prospects for Guyana’s economic fortunes once oil and gas becomes a factor in the country’s economy and says that the promise of this is already being manifested in what it says are “significant inflows of foreign direct investment to our shores,” a phenomenon that is “improving our external accounts whilst stimulating our economy.”
Stabroek Business has learnt that the national teams being prepared for two forthcoming major international robotics events in Dubai and South Korea are to receive valuable technical help in their preparation from ExxonMobil, as STEM Guyana, the local entity behind the building of a technology base at the level of young Guyanese, continues to work with public and private sector agencies to ensure Guyana’s participation in the events.
Back in June last year, Chief Executive Officer of the Small Business Bureau, Dr Lowell Porter, expressed open disappointment over the fact that the country’s commercial banking sector did not work with the Bureau to provide more funding options for small businesses and startups across several sectors of the economy.
Her youthfulness belies the focus and confidence with which she talks about her “business ambitions,” her determination to transform her fledgling entrepreneurial pursuits into “something big” – something that can challenge and eventually replace imported agro-produce that have long been fixtures on local supermarket shelves – and which she has come to see as choking off the market growth of locally produced options waiting impatiently to take what she considers to be their rightful places.
Just how lucrative the returns can be for Caribbean countries from the tourism industry can be measured through the fortunes of Jamaica’s Tourism Enhancement Fund (TEF).
In the convoluted world of international politics, you sometimes have to take a long, hard, deeply contemplative look to make sense of what, all too often appears at first glance, to be incomprehensible developments.
Delegates to the Miss Guyana Princess Pageant earlier this week paid a visit to the Big Apple Mall Quite apart from drawing greater public attention to the Mall , the visit, coordinated by Wiles Fabric, one of the businesses occupying the Mall, livened up the neighbourhood for an hour or so.
Gold Prices for the three day period ending Thursday June 20, 2019
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 836’s trading results showed consideration of $5,528,470 from 19,204 shares traded in 12 transactions as compared to session 835’s trading results which showed consideration of $52,066,822 from 128,732 shares traded in 17 transactions.