Business

(Trinidad Guardian) The news of potential legislation that will amend the law restricting the importation of honey into T&T has stung local beekeepers.

Even as the issue of global hunger continues to occupy a place of prominence among the priorities of the international community, a UN Environment Program-me (UNEP) report released earlier this week asserts that, globally, more than one billion meals a day went uneaten in households across the world in 2022, even as 783 million people were affected by hunger and a third of humanity faced food insecurity.

Le Van Tam is no stranger to how the vagaries of global trade can determine the fortunes of small coffee farmers like him.

The regional life insurance company, GK Life, a wholly-owned subsidiary of the Grace Kennedy Financial Group (GKFG), is reportedly targeting Guyana as one of two immediate-term ports of call for establishing itself as a provider of financial services.

‘Having only just beginning to get its proverbial feet wet in the high-profile world of the global energy industry, Guyana, it seems, is already being positioned to play a strategic role in a sector that is never lacking in in-fighting and intrigue.

With Guyana and Trinidad and Tobago sharing the similarity of both being the two most prominent oil-producing countries within the Caribbean Community (CARICOM) whilst simultaneously possessing two of the region’s most successful agricultural sectors, there is, potentially, ample room for the two countries to foster linkages that can redound, not just to themselves, but also to the Caribbean as a whole.

The fact that the Caribbean and Latin America are badly lagging behind member countries of the Organization for Economic Cooperation and Development (OECD) is stymying development in the hemisphere and points to the need for urgent and significant investment in broadband penetration in order to close the digital divide, a recent study by the Inter-American Development Bank (IDB) says.

This is not the first occasion in recent months that the Guyana Tourism Authority (GTA) has signaled its intention to aggressively take the country’s tourism industry ‘on the road’ to markets both within and outside the country, its impetus deriving from the broader swathe of attention that the country has collared from its oil bonanza.

There is a growing consensus that the “economics profession must be open to new ideas and frameworks if it hopes to solve the world’s biggest problems” – Gita Bhatt.

With the Caribbean as a whole, still plagued by both short and long-term problems which, in the instances of several countries, continue to seriously retard their socio-economic development, the Caribbean Development Bank (CDB) has tagged as one of its highest current priorities the replenishment of its Special Development Fund (SDF) to allow for continuity to enable the alleviation of some of the region’s more acute socio-economic challenges. 

As sure as we are that the moon runs on a cycle, fashion runs on a cycle as well.

Kitco Market Data Gold Prices for Thursday March 21, 2024 Kitco is a canadian company that buys and sells precious metals such as gold, copper and silver.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1063’s trading results showed consideration of $10,764,446 from 43,822 shares traded in 40 transactions as compared to session 1062’s trading results, which showed consideration of $7,033,448 from 30,947 shares traded in 19 transactions.

Back in February, 2022, an ‘Agency News’ release (February 21, 2022) that spoke for the Ministry of Agriculture gave an undertaking that “farmers, agro processors and exporters would have been linked to the most lucrative markets locally, regionally and internationally.”

If, at the conclusion of the recent blitz of regional and international gatherings held recently in Guyana that embraced the Republic itself alongside CARICOM hemispheric Heads of Government, high-profile diplomats from across the world and high profile businessmen keen to secure a ‘look-in’ in Guyana’s investment prospects, one such visitor who can lay claim to having had to carry the weightiest official ‘burden’ would be the Ghanaian Foreign Minister, Shirley Ayorkor Botchwey.

With the assertive resurgence of Venezuela’s territorial claim having attracted considerable hemispheric and regional media attention in recent weeks, Guyana’s remaining immediate neighbours, Brazil and Suriname, would appear to have opted for a course of action which a recent Reuters report says seeks to “deepen discussions on cooperation in the oil and gas sector.”

In the fullness of time the significance of Thursday’s February 29 Trilateral Meeting that brought together Guyana’s President, Irfaan Ali, Brazil’s President, Luiz Inácio ‘Lula’ da Silva, and Suriname’s President, Chandrikapersad Santokhi, will become a good deal clearer in terms of its particular significance to the three countries, both collectively and in terms of their respective objectives, though its timing would appear to suggest that the three neighbouring countries may now be ready to ramp up relations among themselves in areas of common economic interests.