Business

The Business Cartoon

By Valrie Grant Entrepreneur, Managing Director, GeoTechVision Running your own business is a real career path, but in the Caribbean context traditional classrooms and curriculum aren’t set up for future entrepreneurs.

Gold Prices for the three-day period ending Thursday May 12, 2016

The ongoing saga of the challenges associated with creating an enhanced sense of order in downtown Georgetown and creating convivial spaces in the country’s capital could take yet another turn shortly as city merchants seek to bring their concerns to the attention of the municipality.

Against the background of claims made by members of the National Air Transport Association (NATA) that the recently renamed Eugene F Correia Airport continued to be dominated by a single company through rigid control of the Board of Ogle Airport Inc (OAI), Public Infrastructure Minister David Patterson used his presentation at the renaming ceremony to underscore the fact that the facility remains a state asset.

Even as most Caribbean Community (Caricom) countries continue to struggle for market access for their manufactured goods on European and North American markets, Jamaica, long the regional leader in brands that find favour on the shelves of some of the more popular metropolitan markets, continues to forge ahead.

The efforts of the Georgetown Chamber of Commerce and Industry (GCCI) to induct greater numbers of local small and medium enterprises into the mainstream business sector has led to its Membership Committee being accorded increasingly weighty responsibilities in the period ahead.

Stock market updates

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

On Wednesday, the Georgetown Chamber of Commerce and Industry (GCCI) took an important step towards placing its resources at the disposal of small businesses and sister business support organisations, staging of a forum designed to determine how the chamber can work with them to determine their needs and how those can be satisfied.

The celebratory environment–occasioned by its coincidence with the fiftieth anniversary of Guyana’s attainment of independence–will not detract from the organizers’ focus on realizing the critical objectives of Guyana’s most important trade fair for local and international businesses, Event Coordinator Tameca Sukhdeo-Singh has told Stabroek Business.

It is the easiest thing in the world to take sides in the prevailing brouhaha between the Georgetown City Council and the vendors who ply their trade in the area of the Stabroek Market following what turned out to be the forcible removal of the vendors from areas where – in some cases – they had been trading for several years.

Business Cartoon

By Valrie Grant Entrepreneur, Managing Director, GeoTechVision Last week I highlighted several major elements which are considered important to the generation of an entrepreneurial ecosystem.

Gold Prices for the three-day period  ending Thursday May 5, 2016

CAMBRIDGE – Just 13 years after the successful completion of the Human Genome Project, the power of genomics applications to spur innovation is already becoming apparent.

(Jamaica Observer) – Both the Jamaica Stock Exchange (JSE) and the Bank of Jamaica (BOJ) have given notice of fraudulent emails in circulation which purport to give advice on funds being held which are available for collection.

With the niche in the souvenir sector arising out of Guyana’s Fiftieth Independence Anniversary celebrations providing a potentially sustainable market for the local art and craft industry, local artist Irene Bacchus-Holder has told Stabroek Business that she believes the anticipated surfeit in jubilee souvenirs and the market that it can create in the Guyanese diaspora can be “a new beginning” for an industry which, up until now, is still to realize its potential.

Local company packaging company Caribbean Container Inc (CCI) declared a profit after tax of $144.1 million at the end of 2015, a figure, it says, that represents a 227% increase on its after-tax profit at the end of 2014.