Business

Seven University of Guyana students pursuing studies in various disciplines will later this month join counterparts from India, China, Myanmar, Guyana, Algeria, Thailand and Japan in an intensive two-week Global Entrepreneurship and Innovation (GE2)  Programme.

Gold Prices for the three day period ending Thursday July 5, 2018Kitco 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 780’s trading results showed consideration of $623,750 from 648 shares traded in 4 transactions as compared to session 779’s trading results which showed consideration of $10,471,800 from 60,802 shares traded in 5 transaction.

(Prepared by the Guyana Marketing Corporation andpublished 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.

Whilst the concept of the team is often an important tenet in the pursuit of successful leadership it is not uncommon for some leaders to succeed purely by virtue of the sheer weight of their own personalities and their own particular leadership qualities so that much of what emerges as policy within an organization may well be the result, by and large, of the thinking of one man or woman.

Local brand owners themselves concede that standards on the local market lag behind both international standards as well as consumer expectations.

As Guyana inches towards a 2020 commencement of the exploitation of what has been determined to be a potentially fortune-changing oil find, some of the major players in the industry were discussing what is widely believed to be significant global movement towards a historic shift in the demand for oil and oil products driven by growth in the world’s major markets.

The recently released 2018-2019 issue of INVEST, the official publication of the Guyana Office for Investment (GO-Invest), focuses repeatedly and hardly unexpectedly on the prospects that inhere in the country’s significant oil and gas finds though the publication is mindful to underscore the government’s declared commitment to a Green State Development Strategy (GSDS) as “a catalyst for increased investment and sustainable development.”

Against the backdrop of a sustained clamour by minibus operators for fare increases and the recent disclosure that the Ministry of Business could be meeting with the United Minibus Union (UMU) to discuss the fares issue, a Ministry official has told this newspaper that any official engagement pertaining to the sector should go beyond the fares issue and extend into the realm of consumer-related concerns.

Against the backdrop of frequent flare- ups between government and the private sector arising mostly out of differences over policy decisions and their opinions on their impact on the business community, the Private Sector Commission (PSC) has said in its recently released 2017 Annual Report that last year marked a period of “increased and more fruitful interaction” between the country’s leading business support body and the coalition administration of President David Granger. 

The Georgetown Chamber of Commerce and Industry (GCCI) will be seeking to utilize the recently completed memorandum between itself and the Federation of Indian Export Organizations (FIEO) to make maximum use of such opportunities as may arise for cooperation and partnership for investment and trade. 

As economic opportunities arising out of the advent of oil and gas as an economic resource become increasingly apparent, former Chairman of the Private Sector Commission (PSC) Edward Boyer has said that he believes that local businesses “are achieving the high standards required for consideration” where local content opportunities are concerned.

Kitco Market Data Gold Prices for the three day period ending Thursday June 28, 2018

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

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This newspaper’s various engagements with private sector business support organizations have afforded us a more enlightened perspective on their work and the purpose that they seek to serve.