Business

GASCI Summary of Financials  Session  728   July 05, 2017

GASCI reports that session 728’s trading results

Market price as at july 07 2017

Guyana is one of several Caribbean countries seeking to strengthen trade and economic ties with Cuba in the wake of indications that the country is in the throes of liberalization.

Co-Founder of the Science, Technology, Engineering and Mathematics (STEMGuyana) initiative Karen Abrams has told the Stabroek Business that the response of young Guyanese to last Saturday’s first ever National Robotics and Technology Exhibition at the Cliff Anderson Sports Hall more than justifies both the government and the private sector throwing their full weight behind the project by providing various forms of support to help take it forward.

A young designer reached out to me this week to ask some advice on starting a clothing line here in Guyana.

Increasing global awareness of the health value of coconut and its by-products is likely to push the worldwide consumption of coconut flour to around 850 tonnes by 2026 according to the United States market intelligence and consulting firm Future Market Insights (FMI).

Guyanese Tech Engineer Miguel Gurchuran has introduced a state-of-the-art website builder which he says will challenge the manner in which websites are managed in Guyana.

By Karen Abrams Perhaps to a greater extent than their participation in Guyana’s first ever National Robot and Technology Exhibition last Saturday, I took my cue from the decision by an empowered group of STEMGuyana team members to spend the previous evening at the Cliff Anderson Sports Hall readying the venue for what was to be an unprecedented experience.

In an effort to consolidate the integrity of the services which it offers to would-be investors, the Guyana Office for Investment (GO-Invest) has put in place a regulation that now requires all of its investment officers to sign legally enforceable confidentiality agreements.

By John Seeram Introduction The Fiscal Management and Accountability (FMAA) Act No 20 of 2003 – Section 11(b) requires heads of budget agencies to maintain effective Internal Audit Units (IAUs).

By Patricia Bacchus The restructuring of the Guyana Office for Investment commenced in 2015 with a thorough assessment of the agency’s management structure, systems of internal control and governance and the effectiveness in the discharge of its mandate.

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.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 727’s trading results showed consideration of $33,023,693 from 316,416 shares traded in 11 transactions as compared to session 726’s trading results, which showed consideration of $12,094,842 from 237,694 shares traded in 22 transactions. 

If President Donald Trump’s move to slow the pace of the thaw in relations between Washing-ton and Havana initiated by his predecessor was intended in any to dim the enthusiasm of Caricom countries keen to strengthen their own ties with Cuba in what these days is a discernably liberalized economic environment, that ploy has simply not worked.

The local paper and paper container manufacturing company Caribbean Container Inc (CCI) has announced that with effect from the end of June it will be suspending the operations of its Paper Recycling Plant and reverting immediately to imported paper as the primary raw material for its box manufacturing facility.

Things may be ‘looking up’ for the agro-processing sector as the Guyana Marketing Corporation’s Robb and Alexander streets Guyana Shop seeks to promote a wider range of local spreads, spices and sauces in an effort to secure greater traction on the local market for small and medium-scale producers.