Business

Simply Sweet: The Crandons at Wedding Expo 2018
Simply Sweet: The Crandons at Wedding Expo 2018

Simply Sweet…at the 2018 Wedding Expo

Simply Sweet is one of numerous emerging micro enterprises in the capital that is seeking to take advantage of the gradual growth in the cakes and pastries business to make a mark.

The Kildonan farm
The Kildonan farm

Kildonan farmer aiming to cut onion import bill

With the various recent trials having declared onions a ‘sure thing’ as far as successful cultivation in Guyana is concerned, greater numbers of farmers are beginning to pay an interest in the cultivation of a crop that has been, for decades, close to the top of the country’s list of agricultural imports.

Shyam Nokta

Nokta sounds optimistic note on government, GMSA relations

Against the backdrop of what continues to be a less than convivial relationship between central government and the private sector, President of the manufacturers association Shyam Nokta used his Wednesday March 28th address to its Annual General Meeting to signal that concerns over lingering and serious impediments to the growth of the manufacturing sector notwithstanding, the GMSA was prepared to work with government to create an environment in which manufacturing can improve its contribution to both job-creation and exports.

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.

Market prices

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

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 767’s trading results showed consideration of $11,256,320 from 64,735 shares traded in 10 transactions as compared to session 766’s trading results which showed consideration of $3,244,000 from 4,838 shares traded in 9 transactions.

The time may be right for public/private sector ‘summit’

In the space of a week, two of the country’s more Important Business Support Organizations (BSO’s) the Georgetown Chamber of Commerce and Industry (GCCI) and the Guyana Manufacturing and Services Association (GMSA) held their Annual General Meetings, the forum at which, among other things, opportunity is provided, through the presentations of the respective Presidents, to get a sense of where the business community is headed and perhaps more importantly in our circumstances to learn more from the standpoint of the respective umbrella organizations about the challenges confronting them in the course of their private sector advocacy effort.

Shelves packed with what the police say are counterfeit products are seen inside one of two stores on Princess Street in downtown Kingston yesterday. Police seized the goods which they estimated to be valued at more than $300 million.

Police raid angers some shoppers

(Jamaica Observer) The police raided two stores operated by Chinese in downtown Kingston on Wednesday and seized what they described as fake brands valued at more than $300 million.

Minister of State Joseph Harmon addressing the GMSA’s Annual General Meeting on Wednesday. Seated next to Minister harmon is GMSA Executive Meneber Ramesh Dookoo

Gov’t mulls natural gas as transitional option to tackle power woes

Asserting that the growth of the country’s manufacturing sector is inextricably linked to the creation of a stable and reliable electricity supply, Minister of State Joseph Harmon on Wednesday told the Annual General Meeting of the Guyana Manufacturing & Services Association (GMSA) that the APNU+AFC administration is currently engaged in discussions that could likely lead to the commercial use of natural gas from the country’s offshore resources as “a transitional fuel for Guyana’s economy.

Another local rice company secures share of Cuba market

With the local rice industry keen to maximize such opportunities as may arise to secure replacements to help compensate for the loss of the Venezuelan market under the PetroCaribe arrangement, Cuba, an importer of around 500,000 tonnes of rice annually, could emerge as a key replacement market for Guyana’s rice industry.

Co-operative movement needs ‘enlightened management’

Even as the local co-operative movement seeks to recover from its decades of doldrums, not least its countless failed and abortive excursions into start-stop business ventures that have left groups across the country in a condition of acute disappointment, a University of Guyana business Professor insists that there is a way back for the sector.

Poolside parade:

Small businesses boosting market share gains from Wedding Expo

This year, perhaps more than at any time in its previous ten years of the event’s existence, the unceasing insistence by Roraima Group of Companies CEO Gerry Gouveia’s that his company’s annual Wedding Expo is underpinned by a significance that goes beyond the glitz and glitter of an exotic wedding ceremony for some hitherto unknown couple was in evidence.

Stock Market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 766’s trading results showed consideration of $3,244,000 from 4,438 shares traded in 9 transactions as compared to session 765’s trading results which showed consideration of $3,219,150 from 4,467 shares traded in 3 transactions.

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.

Market Price

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

Today's Paper

The ePaper edition, on the Web & in stores for Android, iPhone & iPad.

Included free with your web subscription. Learn more.