Having basked in the glare of the global limelight that came with the country’s persistence in its search for a fortune-changing oil bonanza, Suriname has gotten down to the business of making way for its critical partner, the French company Total, in the allocation to the contractors who will undertake the various critical tasks associated with the oil-recovery end of the operations.
In much the same way that both international and domestic public awareness undertakings were launched, both locally and globally, to send a message to the rest of the world that Guyana was on its way to executing an oil recovery undertaking that was expected to eventually bring a c-change to the country’s development profile, so too, is its South American neighbour and fellow Caribbean Community member country, Suriname.
A former Governor of the Central Bank of Barbados, Dr. DeLisle Worrell has tagged Guyana as one of only a handful of countries in the Caribbean benefitting from a level of foreign investment that augers well for the overall economic growth of the region, going forward.
Up until now, the state has missed the bus and even now, appears to be in no great haste to remedy what continues to be one of the country’s more unwholesome urban challenges… the inexorable ‘falling away’ of the capital, the new structures that have ‘gone up’ in the commercial heart of the capital notwithstanding.
Gold Prices for the three-day period ending Thursday November 21, 2024
Over the past two years Reushel France has enthusiastically embraced the responsibilities associated with being the owner of a modest but thriving Grocery Store in Sophia.
(Trinidad Guardian) A decade and a half ago, Terry Ortt turned an extraordinarily long wait into a revolutionary business, which he hopes will continue to lead by example within the T&T manufacturing sector.
In much the same manner that the business sector in Guyana, a few decades ago, had been compelled to devise ‘creative’ means through which to acquire foreign currency for imports as the economy continually declined, and the official channels through which to acquire imports and transact other forms of business outside of Guyana dried up, so too is Trinidad and Tobago experiencing a similar challenge which means that according to a report in the Sunday November 17 issue of The Trinidad Guardian the country’s SME’s are facing “devastation.”
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1098’s trading results showed consideration of $20,775,015 from 40,499 shares traded in 11 transactions as compared to session 1097’s trading results which showed consideration of $3,712,646 from 13,012 shares traded in 33 transactions.
LONDON, (Reuters) – Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said yesterday, as rising production from the United States and other outside producers outpaces sluggish demand.
Globally, authoritative oil and gas media intelligence continues to play up the increasingly important role that Guyana and Suriname can play in supplying Liquid Natural Gas (LNG) to the international community at a time when environmental concerns linked to climate change continue to realize an increasingly global vocal preference for gas from coal, which, if effected, is believed to likely reduce greenhouse gas by as much as half.
While some countries in the Caribbean and Latin America, notably Guyana, continue to show some measure of progress in retreating from the economic doldrums in which much of the hemisphere has been entrapped for decades, the economic effort associated with pushing back the surge of high crime that now afflicts parts of the region may well be rolling back the growth pursuits of the hemisphere.
BAKU, (Reuters) – Developing countries need at least $1 trillion per year by the end of the decade to cope with climate change, economists told U.N.
As the hype and hoopla which, up to some months ago, had come to be associated with a food security pact involving Caribbean Community (CARICOM) countries begins, seemingly, to subside, one member country, St.
(Trinidad & Tobago Guardian) Economists and other experts have agreed that T&T’s business relationship with the United States, its closest trade partner could be negatively affected based on the policies that President-elect Donald Trump’s new Government takes.
The Georgetown Chamber of Commerce and Industry (GCCI) ought to direct its attention to those state agencies that share responsibility for the execution of procedures associated with importation of goods into the country if it is to get its wish to reduce and, hopefully, eradicate altogether the importation of counterfeit and expired goods, a senior employee at a state agency responsible for aspects of ‘green-lighting’ imports into the country has told the Stabroek Business.
Kitco Market Data Gold Prices for the three-day period ending Thursday November 14, 2024
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