Business

Ministry of Business Column

Trade facilitation plays a vital role in economic growth and development and impacts in a measurable way on the ease of doing business in various countries.

Lance  McPherson
Lance McPherson

What to do about Guyana’s craft industry

At fifty-three, work and family having long been at the very centre of his existence, Lancelot McPherson says that the time is long overdue for a frank, open and decidedly public conversation on the local craft industry if it is ever to come even remotely close to fulfilling its potential as much as a viable sector of the country’s economy as well as a vehicle for satisfying both the economic and the creative cravings of the nation’s huge army of largely talented craftspeople.

Princess’ teas
Princess’ teas

Princess Cosbert’s Herbal Teas

Thirty-two-year-old Princess Cosbert’s story of how, about two years ago, she came to establish an enterprise that is beginning to make its name as a manufacturer of what is commonly referred to in Guyana as ‘bush’ tea (teas brewed from an assortment of leaves, vines, barks, berries and flowers that grow randomly in various parts of the country) is not one that you are likely to forget easily.

Kitco Market Data

Gold Prices for the three day period ending Thursday May 10, 2018Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 772’s trading results showed consideration of $33,064,349 from 252,766 shares traded in 16 transactions as compared to session 771’s trading results which showed consideration of $4,098,604 from 69,362 shares traded in 10 transactions.

Market Prices

(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.

Arresting corruption in food safety system

The announcement last week that the Guyana Revenue Authority (GRA) had intercepted a boat containing cargo (foreign chicken and mosquito coils) seemingly intended for illegal placement on the local market, makes two points; first that the GRA, through its enforcement mechanisms, now appears more determined to thwart customs evasion by smugglers and to improve on the collection of such revenues as accrue to the state.

Paddy Prices

As a service to Guyana’s rice industry the Stabroek Business has agreed to publish,weekly, beginning with this issue, prices paid to farmers supplying paddy to Mills in the various regions of Guyana

Market prices

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

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