Business

The presence of American Airlines in Guyana could be just the psychological boost that Guyana’s tourist industry needs
The presence of American Airlines in Guyana could be just the psychological boost that Guyana’s tourist industry needs

A tourism breakthrough?

One of the historic failures of Guyana’s development strategy, over the years  reposes in its failure of government to fashion a well-structured and efficiently executed ‘campaign’ to strengthen ties between Guyanese residing in the diaspora and their home country.

Deteriorating electrical fittings are a constant fire hazard in some urban commercial areas in Guyana
Deteriorating electrical fittings are a constant fire hazard in some urban commercial areas in Guyana

Closing the door on unsafe and hazardous workplaces

By Dale Beresford A cursory glance at common safety procedures and protocols employed  by home owners and small businesses in relation to the protection of their homes and business premises ought to give rise to a healthy degree of worry.

Fruitylicious! Jonathan ‘Lil Red’ King and his fruit bowls.
Fruitylicious! Jonathan ‘Lil Red’ King and his fruit bowls.

‘Lil Red’s’ fruit bowls making waves

When, having completed his secondary school education, Jonathan ‘Lil Red’ King’s mother, the popular Guyanese entertainer Michelle ‘Big Red’ King suggested that he “find a job,” the amiable and articulate Jonathan embraced her urging as a personal challenge, except that contrary to what might have been her expectation, he had no plans to join the ranks of the salaried employees. 

Regional govts, private sector must push for extension of Caribbean Basin Economic Recovery Act

The Stabroek Business has seen a media release issued by the Guyanese-American Chamber of Commerce (AMCHAM) urging governments and private sector groupings in the region to take immediate action to help influence United States congressional approval of the Caribbean Basin Economic Recovery Act (CBERA) “for at least another ten years” once it expires on September 30th, 2020. 

Kitco Market Data

Gold Prices for the three day period ending Thursday February 14, 2019Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

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

GUYTIE 2018: Expectations and outcomes

One of the positive elements in the recently released Report on last September’s Guyana Trade and Investment Exhibition (GUYTIE) staged at the Marriott Hotel jointly by the public and private sectors with the support of Caribbean Export  is that it openly concedes that, for all sorts of reasons, it felt short of what might have been expected.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 812’s trading results showed consideration of $21,633,635 from 146,211 shares traded in 41 transactions as compared to session 811’s trading results which showed consideration of $4,498,767 from 47,106 shares traded in 16 transactions.

Local agro-produce on display in the Guyana Shop

GMC pleased with agro processors 2018 performance

The high Caribbean-wide demand for ‘well-seasoned, spicy foods’ and the evident market potential deriving therefrom is pushing established and emerging agro-processors in Guyana in the direction of creating food seasonings and pepper sauces in the direction of being more accommodating of those preferences, the Guyana Marketing Corporation (GMC) says in a recently released statement.

Amy Pomeroon Foods Inc. CEO Louis Holder

Move over Cadbury!

For as far back as local chocolate lovers can remember, the name Cadbury has always been associated with the product.

Who’s Who in business in Guyana

Arguably the most poignant of the rationale articulated in the “Publisher’s Note” for the emergence of Who’s Who In Guyana Business is the unending dilemma of “both local and foreign investors who lose a lot of time, energy and money due to not understanding the intricacies of the local business landscape.”

Nysha Homemade Ice Cream Proprietor Sharlene Roberts

Nysha’s homemade ice cream

There appears to be no end to the profusion of creativity and inventiveness that pervades Guyana’s manufacturing sector, particularly in the area of condiment and beverage production, though the limited rewards for what continues to be the sustained and mostly successful efforts of the producers continue to be undermined by the customer limitations of the local market and the difficulties which locally manufactured products have been experiencing in breaking into overseas markets.

Some of the many brands of canned coconut milk manufactured and sold globally.

Global coconut milk demand creating lucrative prospect for agro processors

Guyana’s coconut industry may still have a long road to travel if earnings from the sector are to impact meaningfully on the country’s economy, but the portents for coconut and coconut by product sales on the global market in the period are sufficiently encouraging to justify the renewed interest in the sector by both farmers and investors.

Market prices

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

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