Business

Ahead of the anticipated influx of visitors to join in the festivities associated with the celebration of the 50th anniversary of Guyana’s independence, some of the country’s prominent hotels have told Stabroek Business that they are already fully booked for the period.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 652’s trading results showed consideration of $748,940 from 30,680 shares traded in 11 transactions as compared to session 651’s trading results, which showed consideration of $7,007,008 from 77,841 shares traded in 20 transactions.

The closest that this newspaper was able to come to getting anyone in authority to talk about some of the likely features of the APNU-AFC coalition’s first full annual budget came during an extended interview with Minister of Business Dominic Gaskin on Wednesday.

“Trading is not just a sideline for me. It is what I do.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Purchases of gold by the Guyana Gold Board (GGB) declined by a whopping 20.5% last year over 2014, according to information contained in the Board’s 2015 Report.

Newly appointed Minister of National Resources, Raphael Trotman has told Stabroek Business that while the 2015 announcement that ExxonMobil has discovered significant deposits of oil offshore Guyana could transform the country’s economy, he still believes that the country’s short to medium term energy ‘salvation’ lay in hydropower.

Long deprived of anything even remotely resembling a convivial environment in which to ply their trade in the conditions afforded by the dilapidated wharf at the western extreme of the Stabroek Market, the dozens of long-suffering vendors are to benefit from a new multi- million trading facility.

Glendon Critchlow Jr., his spouse Natasha Daniels and their son Tyrique are among the many victims of a gold-mining industry that can be as cruel as it can be charitable.

Barbados continues to place increasing official focus on the importance of sensitizing its creative community to the importance of closing licensing deals for the protection of their intellectual property.

The Government Food & Drugs/Analyst Department will be seeking to better position itself to comply with the United States’ Food Safety Modernization Act (FSMA) this year by moving to have its laboratories accredited so that tests carried out on foods targeting overseas markets can meet standards that obtain in the USA and in other parts of the world, according to Director of the Department Marlan Cole.

The “red flags” that have been raised in the areas of labour relations and occupational safety and health in the mining sector are concerns that cannot be overlooked.

(A World Bank Feature) ______________________________ A coral gardening project thrives in Bali, Indonesia.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 651’s trading results showed consideration of $7,007,008 from 77,841 shares traded in 20 transactions as compared to session 650’s trading results, which showed consideration of $3,807,182 from 35,868 shares traded in 12 transactions.

At 34, Sharon Gittens appears preoccupied with finding her place in the world of local fashion design where, so often, talent is held in harness as much by lack of opportunity as by what she believes is the high cost of staying in the race for the attention of a modest market.

Anything remotely resembling accurate monitoring and measurement of growth in Guyana’s small business sector has not been possible over the years since no reliable mechanism exists for so doing.

 Business Cartoon

Gold Prices for the three day period ending Thursday, January 21, 2016

Significant reduction in government spending during the first half of last year arising out of the prorogation of Parliament and the consequential failure of the PPP/C administration to present a budget for 2015 was, arguably, the primary factor accounting for the country’s likely lacklustre economic performance, George-town Chamber of Commerce and Industry (GCCI) President Lance Hinds has told Stabroek Business.

2015 bauxite production figures reflecting performances that either exceed or come close to matching targeted expectations have once again failed to disguise the fact that Guyana’s industry is swimming against a tide of weak global demand and high recovery costs, Natural Resources Minister Raphael Trotman says.