Business

Two of the stories published in this issue of the Stabroek Business are concerned with the issue of minibuses, privately owned buses, which for many years have been serving as public transport.

Kitco Market Data Gold Prices for the three-day period ending Thursday February 7, 2019  

Stock market updates

A near 16 per cent increase in visitor arrivals here in 2018 over that recorded in 2017 reflects a marginal rise in visitor preference for the ‘Land of Many Waters’ though the numbers continue to place Guyana well behind some of the tourism ‘hot spots’ in the region in terms of favoured destinations in the Caribbean.

While by international standards the 500-person seating capacity of the Arthur Chung Conference Centre remains decidedly modest, its comprehensive renovation and recent reopening underlines the importance which Guyana attaches to drawing global attention to itself by serving as host to an increasing number of international events – Meetings, Incentives, Conferences, and Exhibitions (MICE) – of one sort or another, an article published in the current (2018-2019) issue of Guyana Invest, the official publication of the Guyana Office for Investment (GO-Invest) says.

With enhanced food security, increased food exports and the upgrading of skills in the food production sector generally regarded as targets Guyana must continue to focus on in the period ahead, this month’s launch of a Bachelor of Science Degree (BSc) in Food Science by the University of Guyana (UG), has caught the attention of a wide range of stakeholders.

When next you go shopping, you have the option of adding another beverage to your shopping cart, following the appearance of B&S Green Fields Pasteurized Sugar Cane Juice on the market.

Veteran Guyanese trade unionist, Lincoln Lewis has told the Stabroek Business that CARICOM must move expeditiously to ensure the urgent implementation of the recent decision by Heads of Government that the revised Treaty of Chaguaramas be amended to allow representatives of the private sector and labour to participate in CARICOM Heads of Government meetings.

If the recent Global Fruit and Vegetable Juice Market Research Report 2018-2025, published in January by the California-based market research and consulting company, Grand View Research, is anything to go by, there may yet be room for Guyana in the global US$150 billion-plus fruit and vegetable juice market.

The fast approaching manifestation of first oil for Guyana, is coinciding with what Oil and Gas People, one of the world’s leading job sites in the sector, says is an impending skills crisis which will impact the industry as a whole.

Gold Prices for the three day period ending Thursday January 31, 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 810’s trading results showed consideration of $15,739,135 from 67,691 shares traded in 42 transactions as compared to session 809’s trading results which showed consideration of $10,997,436 from 42,847 shares traded in 19 transactions.

2018 was a year of considerable achievement for the country’s agro processing sector.

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.

While gold continues to lead the way in the overall natural resource contribution to the economy of Guyana a series of both internal and external factors combined to present imposing challenges for the country’s mining sector in 2018, Natural Resources Minister Raphael Trotman told Stabroek Business in exclusive briefing proffered in the wake of the his Ministry’s Monday January 21 Annual Review Session to assess the respective performances of the sub-sectors comprising the country’s natural resources sector.

While the recently announced ‘new rules’ made public by the Government Analyst-Food & Drugs Department (GAFDD) setting out conditionalities for the importation of drugs into Guyana, including the stipulation that the labels be printed in English may be well-intentioned, they are likely to have very little effect except the Food and Drugs Department is given “both the authority and the tools” to ensure that the news rules are “rigidly enforced”, an experienced local Hospital Administrator has told the Stabroek Business.

Set to join forces with the Council for Technical and Vocational Education and Training (CTVET) to roll out a programme in Mineral Prospecting and Map Reading in several communities across the country, the Guyana Mining School and Training Centre is aiming to play a more impactful role in ensuring the enhanced performance of the mining sector in 2019, Member of Parliament and Chairman of the School’s Board of Directors, Audwin Rutherford, has told the Stabroek Business.

Despite the role of women in the production, processing and marketing of agricultural goods in Guyana, the available evidence suggests that production resources and opportunities to consolidate what are mostly their modest economic ventures remain strictly limited.