Business

The Caribbean Hotel and Tourism Association (CHTA) aims to reimagine the region’s tourism landscape at the third annual Caribbean Travel Forum, taking place Monday, May 20 in Montego Bay, Jamaica.

Notwithstanding the ravages of the COVID 19 malady that cut a swathe through visitor arrivals in the region, Guyana has been named by the Caribbean Tourism Organization (CTO) as being among eleven (11) countries in the Caribbean that surpassed their 2019 arrivals last year.

Gold Prices for the three day period ending Thursday May 16, 2024 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1071’s trading results showed consideration of $13,267,800 from 70,259 shares traded in 29 transactions as compared to session 1070’s trading results, which showed consideration of $5,719,671 from 51,947 shares traded in 24 transactions.

On January 5 this year, a ‘News Agency’ report from the Ministry of Agriculture asserted that during the course of 2023, 130 new agro-processed products had been launched and that in the same year, 54 “new Guyana Shop Corners” had been established.

– President Ali tells prominent environment reporter Guyana’s President Irfaan Ali has enjoined what now appears to be an increasingly high-tempo and likely prolonged global debate on what would appear to be the rising decibel level on the issue of potentially oil-rich but substantively poor developing and underdeveloped countries, balancing their immediate-term opportunity for accelerated socio-economic development, afforded them by their significant ‘oil wealth’, against mounting pressures for them to set aside the opportunity they now have to increase the rate of oil recovery.

Even as the protracted information blackout of the pace of progress towards the creation of a promised Food Terminal, as one of the key elements of the regional food security undertaking, continues to be a matter of concern to CARICOM member countries, the wider issue of food security in the region is now the subject of a new report pinpointing malnutrition and hunger in Latin America and the Caribbean.

This year’s early disclosure of the dates for the independent, youth-led World Food Forum, an independent, youth-led global network of partners facilitated by the Food and Agricul-ture Organization of the United Nations (FAO), from October 14-18 in Rome, reflects what unquestionably is the current preoccupation of the international community with restoring what, in many instances, are the thoroughly degraded bona fides of global food security.

Nothing, it seems, will deter Jamaica from joining the still modest CARICOM family of oil producers even as the three already “’signed up’ members”, of the wider global oil and gas community, Trinidad and Tobago, Guyana and Suriname continue, at their respective levels to press their respective energy sectors into becoming significant game changers for their economies.

2024 could be a particularly challenging year for the Caribbean, not only because of the common challenges associated with economies too fragile to meet the growing needs of the respective countries of the region, but, as well, on account of the ruinous effects of climate change, a phenomenon that manifests itself mostly in devastating natural disasters that wreak havoc on sectors that are directly connected to the physical infrastructure of the region, not least those sectors that are inextricably linked to survival and growth.

The Department of Public Information earlier this week reported that Guyana’s Minister within the Ministry of Works, Deodat Indar, “highlighted Guyana’s investment opportunities to investors at the recent Bilateral Chamber in Houston, Texas” staged “on the sidelines of the Offshore Technology Conference (OTC)” in Houston, Texas, in his capacity as Head of Delegation to the forum.

-Guyana radio station delivering results (Trinidad Express) Guardian Media Ltd has reported a total comprehensive loss of $3 million for its first quarter ended March 31, 2024, further extending the group’s loss-making position from its previous financial year.

HAVANA,  (Reuters) – Western Union confirmed yesterday it had resumed its remittance service from the U.S.

The fact that, notwithstanding the persistent ‘nudging’ by this newspaper, we have not heard ‘a peep’ out of the two ‘lead Heads’ nor their designated ‘minder ministers’ holding the respective relevant portfolios, has moved the matter of the regional Food Security Terminal into the realm of puzzlement and beyond that, has given rise to the speculation as to whether, in terms of the execution of what had been touted as a critical assignment for the region, and especially for the more vulnerable countries in the Community, something might not have ‘gone wrong’.

Gold Prices for the three day period ending Thursday May 9, 2024

(Jamaica Observer) Last month I drew attention to the United Nations Development Programme’s Human Development Report.