Business

Guyanese and Surinamese members of the Board of the Canawaima Management Company Inc, the body set up to enable the effective joint management of the Guyana/Suriname ferry service were scheduled to meet in Nickerie yesterday, Stabroek Business has learnt.

(Jamaica Observer) – Caribbean Broilers Group says it has pumped US$4 million in a state-of-the-art facility aimed at producing healthier, convenient foods and to reduce Jamaica’s import bill on poultry products.

(Jamaica Gleaner) – Caribbean Cement Company Limited made annual profit of $1.3 billion last year, but it represented a shrinkage of the cement producer’s bottom line, despite a spike in volume sales of cement in its major market.

When you ask Renwick Solomon what his views are on the emergence of mining syndicates as a departure from the traditional types of operations that characterizes Guyana’s gold-mining industry he recommends that you talk with the hundreds of other small miners who behave as though they have been given a new lease on their economic lives following the advent of what he loosely calls “mining cooperatives.”

Stock market updates

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)                              *Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

Gold Prices for the three-day period ending Thursday March 2, 2017 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Improving on the “fragile and uneven” growth which the Caribbean experienced last year requires that borrowing member countries (BMCs) focus more attention on economic activities that allow for the increased generation of foreign exchange “to pay for the goods we import for consumption and production,” President of the Caribbean Development Bank (CDB) Dr Warren Smith said last week.

Roadside sellers, school vendors as well as conventional restaurants offering ready-to-eat food to the public “without the benefit of warmers and chillers that allow for those foods to be served at the correct temperature” are likely to come under greater public health-related pressure to raise their game, Director of the Government Analyst Food and Drugs Department (GA/FDD) Marlan Cole has told the Stabroek Business.

Two years ago, Avril Jacobs returned home from Barbados. She had lived first in Trinidad and Tobago then in Barbados for more than 20 years.

An intense if somewhat muted row  has been ensuing between some local business importers and the Government Analyst Food & Drugs Department (GA/FDD) over what has become the prevalent practice by some distributors of importing volumes of food items that do not adhere to the requirements that obtain under the Food and Drugs Act.

 SAN FRANCISCO (Reuters) – Snap Inc took to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook.

(Trinidad Express) – Mexican cement manufacturer Cemex is paying US$86.36 million for Trinidad Cement Ltd (TCL) and its three cement plants in Barbados, Jamaica and Trinidad and Tobago, the company has said.

(Jamaica Observer) – Jamaica is poised to receive a second draw down of US$170 million from the International Monetary Fund (IMF) under the Precautionary StandBy Arrangement.

Chet Bowling, one of the directors of the crowdfunding initiative Slingshot, believes that Monday’s launch at Moray House in Georgetown can become a transformative force for entrepreneurship in Guyana.

BRUSSELS (Reuters) – Alphabet Inc’s Google and subsidiary Jigsaw yesterday launched a new technology to help news organizations and online platforms identify abusive comments on their websites.

By Robert Skidelsky LONDON – Early last month, Andy Haldane, Chief Economist at the Bank of England (BoE), blamed “irrational behaviour” for the failure of the BoE’s recent forecasting models.

LONDON (Reuters) – John Lewis, Britain biggest department store group, said yesterday it was planning to cut hundreds of jobs in a reorganisation of its soft furnishings retailing business and changes to the way it operates its in-store restaurants.

In less than two months, Jennifer Flatts, the proprietor of Class and Elegance will launch her latest clutch of Professional Development Workshops in courses aimed at raising service standards, enhancing professionalism and infusing greater confidence by providing specialized instructions in business etiquette and protocol among other disciplines.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 709’s trading results showed consideration of $4,247,933 from 52,315 shares traded in 14 transactions as compared to session 708’s trading results, which showed consideration of $6,697,402 from 192,218 shares traded in 21 transactions.