Business
Our power woes
There exists at this time an uncanny coincidence between Guyana’s parading of itself as an oil-producing ‘rising star’ on the one hand and on the other, seemingly hurtling towards a return to that ‘zombie’ regimen of power outages that had once traumatized generations of Guyanese.
Stock Market
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1065’s trading results showed consideration of $14,873,926 from 77,625 shares traded in 20 transactions as compared to session 1064’s trading results, which showed consideration of $27,871,614 from 148,917 shares traded in 36 transactions.
Ramsaroop wants Guyana’s July investment forum to yield ‘bankable’ projects
What is being touted as a strategically important moment for the Caribbean will materialise with the hosting by Guyana of a Caribbean Investment Forum from July 10 to 12 this year.
Prison sentences in Toka sheep rustling case raise hope for pushing back practice: rancher
In the Rupununi community of Toka, Region Nine, cattle farming is a critical source of income with rustling the bane of the farmers’ existence.
ACP diplomats get economic diplomacy training
With investment-starved countries in the Caribbean and Africa keen to turn the tide and attract a more generous level of foreign investment into the region, the United Nations Industrial Development Organization (UNIDO) is seeking to shoulder at least some of the responsibility associated with attracting meaningful investment opportunities into those countries.
TT state-run agency credited with re-energizing small businesses in San Fernando
Trinidad and Tobago is giving credit to its startup loans, grants and training from business chambers and state agencies in the twin-island Republic for what the business community is saying has been a vibrant resurgence of retail business activity in San Fernando and its surroundings.
We must end the degrading of our health professionals
If it is altogether the right thing to ensure that the country’s health services are properly equipped to respond to what we anticipate to be the incremental demands on it in the period ahead, then the matter of how the issue of external recruitment into our health sector is gone about, including whether or not such recruitment should be undertaken without due consideration is also not a consideration that should be overlooked.
Market Prices
Stock Market Updates
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1064’s trading results showed consideration of $27,871,614 from 148,917 shares traded in 36 transactions as compared to session 1063’s trading results, which showed consideration of $10,764,446 from 43,822 shares traded in 40 transactions.
Global trade poised to rebound this year: UNCTAD 2024 update
The United Nations Conference on Trade and Development (UNCTAD) has stated in its just released March Global Trade Update that while global trade is poised to rebound this year, in effect reversing the downward trend observed last year, other factors including “geopolitical issues and shipping disruptions” impacted by international conflict could stifle what, in different circumstances, might have been a much more positive outlook.
Amendment to Beekeeping Act sours local honey industry
(Trinidad Guardian) The news of potential legislation that will amend the law restricting the importation of honey into T&T has stung local beekeepers.
World squandered over 1 billion meals a day in 2022: UNEP Food waste Report 60% of waste at household level
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.
How EU deforestation laws are reordering the world of coffee
Le Van Tam is no stranger to how the vagaries of global trade can determine the fortunes of small coffee farmers like him.
GK Life probing Guyana insurance market
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.
Business Cartoon
‘New kid’ Guyana positioned to play key role in global oil supply tussle
‘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.
Chaguaramas Chamber seeks ties with Guyana Agro Processing sector
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.
Closing digital gap between OECD, LAC countries a financial mountain to climb – IDB
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.
GTA takes tourism tryout to the USA
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.
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