Business

The present standoff between the APNU+AFC Coalition Government and the Private Sector Commission (PSC) following a sharp public exchange between the two earlier this month is “a counterproductive development that is unacceptable given the uncertainty of the present economic climate,” former PSC Chairman and Roraima Airways Chief Executive Officer Gerry Gouveia told Stabroek Business in an interview on Tuesday.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 703’s trading results showed

Chastened by the relatively sudden disappearance of the economic windfall that had been triggered by the PetroCaribe oil for rice deal, the business community on the Essequibo Coast is still seeking to find its feet in a changed economic environment where the loss of a 200,000-tonne rice market has created deep uncertainty for the industry.

  Wednesday March 22, 2017 marked a significant stage in the development of cargo operations at the Piarco International Airport as Laparkan Shipping (Trinidad) Limited launched the creation of its new Warehouse and Logistics Centre at the South Terminal.

GASCI Summary of Financials Session 714 March 27, 2017

Gold Prices for the three-day period ending  Thursday March 30, 2017

We note with interest that two high-profile private sector officials, one a veteran leader of both the Georgetown Chamber and the Private Sector Commission and the other the incoming President of the Chamber have endorsed the sentiment expressed in our editorial last Friday regarding the desirability of a meeting between the government and the private sector.

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

Over this past weekend, my team and I participated in the ‘Women in Business Expo’ at Pegasus Hotel.

The economic options for the residents of Moruca are limited mostly to fishing, logging, mining and farming.

Last week’s signing in Caracas of an agreement between Trinidad and Tobago and Venezuela, under which the former will receive natural gas from the huge Dragón Field, will not affect Guyana’s perception of the quality of its relationship with its sister Caricom country.

With the country now plagued by the persistence of food imports that transgress the Food and Drugs Act and pose possible serious health risks to consumers, the Government Analyst Food and Drugs Department (GAFDD) this week moved to have a United States-based company suspended from providing supplies to local food importers.

As the organizing team prepares to roll out the Roraima Group of Companies’ three-day ninth Annual Wedding Expo later today, the company believes it can look back at the short history of the event with a considerable degree of satisfaction.

Re-elected Chairman of the Upper Corentyne Chamber of Commerce Hemchand Jaichand says that the range of business-related issues facing the community poses the new executive with “a number of exacting challenges” not least of which is the need to provide responses to questions that continue to arise in relation to the future of the Skeldon sugar estate.

Enhancing capacity to market Guyana’s tourism product is an important preoccupation particularly in indigenous areas and on Saturday, March 11, some 25 residents of Mainstay-Whyaka, including Toshao Joel Fredericks and councillors, participated in a tourism and hospitality training exercise.

Bringing the market to the farm is the responsibility of the middleman in the agricultural sector.

The advent of an oil and gas industry will challenge Guyana to raise its safety and health game above the currently existing level since that is what will be demanded by any major foreign companies likely to be associated with the industry, going forward, a leading local safety and health official has told Stabroek Business.

(Prepared by the Guyana Marketing Corporation and published 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.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 713’s trading results showed consideration of $13,381,555 from 335,920 shares traded in 12 transactions as compared to session 712’s trading results, which showed consideration of $71,050,992 from 558,063 shares traded in 9 transactions.