Business

(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.

Those who know even a little about the career of recently appointed Vice Chancellor of the University of Guyana Professor Ivelaw Griffith, may well be persuaded that he is what one might call ‘the right fit’ for the job as Vice Chancellor of the University of Guyana.

While the Government of Guyana is optimistic that gold production for this year could reach 600,000 ounces, there is every likelihood that gold smuggling persists despite official efforts to curb the practice, Natural Resources Minister Raphael Trotman has told Stabroek Business.

With the need to attract high value external markets (HVMs) for Guyana’s agricultural produce having long been high on the list of priorities of the country’s export sector, the Canadian-funded initiative titled Promotion of Regional Opportunities through Enterprises and Linkages (PROPEL) project has already made an important footprint in the journey towards that goal.

By his own admission, Miro Westmaas’s earliest encounter with the ancient, oriental healing practice of acupuncture came about on account of his own personal need for physical, psychological and spiritual healing, resulting from what he says were unwise lifestyle options.

A properly incentivized work force whose rights are respected and whose workplace security and material needs are being met is critical to a stable economy and to the prosperity of the nation as a whole, Guyana Trades Union Congress (GTUC) General Secretary Lincoln Lewis told Stabroek Business shortly after emerging from last week’s meeting of a trade union movement that continues to be fractured by divisions many of which have their origins in political differences.

Initiatives designed to create a bigger pool of financial resources into which startup, early-stage and growth businesses in the Caribbean can dip to consolidate their growth and expansion received a significant boost earlier this week when the World Bank Group, together with the Caribbean Export Development Agency (Caribbean Export), launched LINK-Caribbean, an investment facilitation programme designed to enable early-stage regional entrepreneurs to raise capital from private investors.

The local information and communication technology service provider Starr Computers is to accelerate its focus on creating a technology learning centre inside its Brickdam complex for the purpose of helping to prepare the next generation of local ‘techies’ for the task of meeting the requirements of serving Guyana in the “demanding technology age that lies ahead,” the company’s Chief Executive Officer Michael Mohan has told Stabroek Business.

GENEVA (Reuters) – Banks are tightening the security of their SWIFT messaging networks – used by the industry to shift trillions of dollars each day – following revelations that hackers are increasingly able to get into this system to steal money.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 688’s trading results showed consideration of $1,387,531 from 4,584 shares traded in 8 transactions as compared to session 687’s trading results, which showed consideration of 12,660,375 from 196,803 shares traded in 12 transactions. 

(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.

Gold Prices for the three-day period ending Thursday September 29, 2016Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

We can probably anticipate an animated reply from the Guyana Public Service Union (GPSU) to the forthright comment made by Georgetown Chamber of Commerce and Industry (GCCI) President Vishnu Doerga on the 10 per cent salary increase in public servants salaries offered by the Government of Guyana and which the union says it rejects.

The key Memorandum of Understanding (MoU) between the governments of Guyana and Trinidad and Tobago under which the latter will provide various forms of support to the oil and gas sector in Guyana is likely to be signed before the end of this year, Natural Resources Minister Raphael Trotman has told the Stabroek Business.

A long-awaited progress report on the work of the Small Business Bureau (SBB) including a crucial assessment of the qualitative progress being made by the body in supporting the development of small businesses that were recipients of grants from the Guyana Redd+ fund under the Micro and Small Enterprise Development (MSED) project is likely to be available soon, according to newly appointed Chairperson of the Small Business Council, (SBC) Valrie Grant.

By: Valrie Grant Managing Director GeoTechVision Every nation strives to protect and secure its citizens, natural resources, assets, and way of life.