Business

By Matthew Mohan After the recent Yahoo hack went public, it left many people bewildered as to whether their account information was safe or compromised.

Hopes among scrap metal dealers that their Christmas wish for the resumption of scrap exports were dashed late last week when a letter from the Ministry of Business to Secretary of the Metal Dealers Association Michael Benjamin dated December 16 reiterated government’s intention to put mechanisms in place to allow for the restart of the trade but pointedly refused to provide a timeframe.

New entrepreneurial opportunities arising out of moves towards gradual economic liberalization in Cuba are resulting in closer business ties between Georgetown and Havana as the number of Cubans who travel to Guyana daily to purchase stock for their fledgling businesses back home increases, Chief Executive Officer of Roraima Airways Captain Gerry Gouveia has told Stabroek Business.

Stock market updates

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

Accelerated moves towards a thaw in relations between Havana and Washington (though we must wait and see how the relationship unfolds under the Donald Trump administration) have triggered consequential developments here in the Caribbean where a number of Caricom countries are beginning to take a closer look at the economic opportunities that might be on offer in a liberalized Cuban economy.

Gold Prices for the three-day period ending Thursday December 22, 2016

Whatever the relations between Guyana and Venezuela, residents of border communities remain unrestrained in their conduct of a brisk trade in whatever goods and services they can offer each other.

General Secretary of the Guyana Bauxite and General Workers’ Union (GB&GWU) Lincoln Lewis says that his meeting last week with two visiting officials from United Company RUSAL, which has an 80 per cent stake in the operations of the Bauxite Company of Guyana Inc (BCGI) was a “hopeful sign” that the protracted tempestuous relationship between the company’s workers and the Russian management may have entered an environment where a better rapport may be possible.

The name Chan-A-Sue is commonplace at Mabaruma. Inquiries as to how to get a sense of what the community was all about led to 72-year-old Godfrey Chan-A-Sue.

Entrepreneur Managing Director, GeoTechVision Chairperson Small Business Council Entrepreneurs start businesses for a variety of different reasons including being their own boss, having a flexible work schedule, having control over the work they choose, making important decisions regarding their business, the earnings, the ability to design their lifestyle, and so on.

The sky is falling! The sky is falling! But there is no need to run if the nature of the problem is understood and proven solutions applied.

Against the backdrop of controversies and litigation linked to importation of commercial quantities of mostly foods that fail to meet the country’s food and drugs regulations, Acting Director of the Government Analyst Food and Drugs Department (GA/FDD) Marlan Cole says the situation warrants the stepping up of initiatives to stamp out the attempts to import items that might do untold damage to the health of the nation.

By John M Seeram Financial/Audit Consultant Since the presentation of proposed 2017 Budget, there have been both positive and negative statements being expressed.

                  GASCI (www.gasci.com/telephone

Not a great deal has been said about the brief and relatively quiet visit to Guyana late last week by two Russian functionaries of the global aluminium giant RUSAL It has to be assumed, however, that their visit here had to do with an attempt to bring an end to the crisis that had more or less been festering inside the majority RUSAL-owned Bauxite Company of Guyana Inc (BCGI) for years.

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

Large and multinational companies operating in Guyana are to be engaged by government with a view to determining whether local suppliers can provide them with some categories of goods currently being imported from overseas.