Business

Pumpkins are among the most sought after local agricultural produce on the regional market
Pumpkins are among the most sought after local agricultural produce on the regional market

Limited air cargo service crimping Guyana’s fruit and vegetable market

Challenges related to airlift capacity will continue to hinder Guyana’s ability to take advantage of lucrative regional markets for fruits and vegetables in the wake of the loss of the Amerijet service which has set aside the Barbados leg of its route.

The south Korean state agency KOTRA’s booth at GUYTIE.
The south Korean state agency KOTRA’s booth at GUYTIE.

Report on GuyTIE keenly awaited

The curtains came down on the first ever Guyana Trade and Investment Exhibition (GuyTIE) at the Marriott Hotel in Kingston on Saturday but the outcome of the event intended to provide some indication of the competitiveness of the goods and services being offered here will have to await an assessment that goes beyond the speculative outcomes being proffered at this stage.

Kitco Market Data

Gold Prices for the three day period ending Thursday september 27, 2018 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Market Prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service) The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Valuing agriculture

A few days ago the Guyana Marketing Corporation (GMC) issued a media release that made a few instructive points about aspects of the country’s agricultural sector including its potential to increase its market share for fruits and vegetables on the regional and international markets and the constraints that inhibit the realization of that objective.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 792’s trading results showed consideration of $3,235,435 from 35,096 shares traded in 10 transactions as compared to session 791’s trading results which showed consideration of $1,777,273 from 21,805 shares traded in 14 transactions.

The eight female businesswomen at this week’s GUYTIE event at the Marriott Hotel. In background is Georgetown Chamber President Deodat Indar

Women-run small businesses take the ‘big stage’ at GUYTIE

Originally conceptualized as a forum intended primarily to expose local “export ready” business houses to foreign potential buyers, this week’s Guyana Trade and Investment Exhibition (GUYTIE) which commenced on Wednesday at the Marriott Hotel and concludes tomorrow ‘went back on its word,’ including eight small, women-run enterprises that do not, at this stage, meet most of the ‘export ready’ criteria for participation, set by the organizers, in what is seen locally as the country’s first ever big-stage business-to-business event that puts local and foreign enterprises together primarily in yet another effort to boost international market access for local products.

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

Market prices

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)

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