Business

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 653’s trading results showed consideration of $1,659,336 from 39,808 shares traded in 22 transactions as compared to session 652’s trading results, which showed consideration of $748,940 from 30,680 shares traded in 11 transactions.

Tough Talks

Tough Talks: Veteran trade unionists Charles Sampson, Leslie Gonsalves and Lincoln Lewis during a meeting at the Ministry of Natural Resources to discuss the plight of sacked Bauxite Company of Guyana workers

Barbados Business Visit

Barbados Business Visit: Members of the Barbados business delegation led by Donville Inniss, Minister of Industry, International Business, Commerce and Small Business Development, (centre in long-sleeved shirt) during a recent business-related fact-finding visit to Guyana.

Uncustomed goods

Wednesday’s release from the Guyana Revenue Authority’s (GRA) Law Enforcement and Investigation Division (LEID) that it had seized uncustomed goods valued at $20 million in the month of January would probably hardly have attracted a great deal of public attention beyond the actual newspaper headline.

Ogle International Airport

Budget disclosure on aviation investment welcomed

Government’s announcement in the 2016 budget presentation that it intends to make a multi-billion-dollar investment in shoring up the country’s aviation infrastructure has elicited an enthusiastic but measured response from the owner of one of the country’s high-profile aviation entities.

Minister of Business Dominic Gaskin speaking with the Stabroek Business on Wednesday.

Business Expo cost government $38.5 million

Minister of Business Dominic Gaskin last Wednesday confirmed that there had been a financial shortfall in the returns from last November’s Business Exposition staged by government to create a market opportunity for the small business sector and that prize winners in the Business Pitch competition staged as part of the event were indeed yet to receive their prizes.

Carlos Angel (right) with Devon Watkins,  another BCGI employee sacked along with Angel

Sacked supervisor speaks out on BCGI poor working conditions

For Carlos Angel, 15 years in the bauxite industry including nine years with the majority Russian-owned Bauxite Company of Guyana Inc (BCGI) reached an inglorious end early in January when his Russian bosses dismissed him after they said they had turned up at his work site and found the crew under his supervision not engaged in the pursuit of their duties.

India names 20 cities for $7.5 billion smart makeover

NEW DELHI (Reuters) – India named 20 cities yesterday which it says will be provided with uninterrupted power and water supplies, proper sanitation and public transport in a $7.5 billion makeover to turn them into smart cities with living standards comparable to Europe.

Trotman puts oil find in perspective

In the wake of the country’s offshore oil find announced by Exxon Mobil in May last year, Guyana is beginning to show greater interest in regional discourses on the energy sector.

Mining sector should be rules-based – Broomes

The Wednesday ‘clinics’ on the premises of the Guyana Geology & Mines Commission (GGMC) hosted by Minister in the Ministry of Natural Resources & the Environment Simona Broomes have positioned her at a juncture between workers and management with which she has become familiar.

Will this year’s budget debate be attended by more public protest?

Today’s budget a launch pad for government’s 2020 goals – Gaskin

This afternoon’s budget presentation to the National Assembly by Finance Minister Winston Jordan will communicate to the people of Guyana the chosen developmental direction of the APNU-AFC coalition government over the next five years, Minister of Business Dominic Gaskin told Stabroek Business in an interview on Wednesday.

A recent ministerial visit to DTL’s operations served to hightlight company/worker differences

GFC, DTL in talks over renewal of Timber Sales Agreements

Stabroek Business has learnt that the Guyana Forestry Commission is in discussions with the Chinese-owned Demerara Timbers Ltd for the renewal of two timber harvesting leases covering close to 400,000 hectares of forested area and initially granted to the company in June and October 1991, respectively.

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