Business

By Brooke Glasford Over the past few weeks, I’ve hit a real stride in talking about appearance and the way we dress and showcase ourselves to the larger world.

Even as the Caribbean contemplates its prospects for economic growth in 2024 and beyond, it cannot afford to lose sight of its particular responsibility to ensure that it continues to monitor and, as far as possible, mitigate the ever present threat of climate change and its potential to seriously retard the region’s growth and development, going forward.

As Guyana continues to parade its credentials as one of the world’s ‘developing countries’ that seems set to ‘lift off’ into a developmental orbit, much of the rest of the world, and more particularly, developing and underdeveloped countries are wading troughs of thickening poverty-spawned socio economic decline that is showing no sign of abating, according to World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala.

For a country which, not many moons ago, had been labeled the ‘sick man’ of the Caribbean, Guyana’s seeming ‘miracle cure’ has now become not just the loudest ‘noise’ that the region has made since the boisterous collective expressions of optimism that had come with the end of colonial rule and subsequent political independence, but, as well, one of the more promising global hotspots for investment anywhere in the world today.

Even as it continues to focus on playing its role – along with Barbados – in piloting the emergence of a regional regime that seeks to ease the region’s food security woes, Guyana’s Ministry of Agriculture has announced, through the Department of Public Information (DPI) that it will be collaborating with the Caribbean Development Bank (CDB) in what the release says are projects designed to “boost food security” in the region.

Even as Starr Computers’ Chief Executive Officer, Mike Mohan, asserts that his company continues to seek to deepen its footprint in the information technology sector, the United States-based Guyanese businessman had dropped a hint that his company is interested in further investments in what is now the country’s oil-driven economy.

President of the Jamaica Promotions Corporation (JAMPRO), Shullette Cox (second right), shares a photo opportunity with (from left) Interim Vice President, Export Division, JAMPRO, Shane Angus; Manager, Exporter Facilitation, JAMPRO, Delaine Morgan; and Manager at EXIM Bank of Jamaica, Errol Barnaby.

Already having to endure the social and economic repercussions of waves of migrants from neighbouring Venezuela, CARICOM member state, Trinidad and Tobago is reportedly concerned that further political pressures imposed on Venezuela, through sanctions by the United States, will have the effect of increasing the number of Venezuelans seeking refuge in the country, creating further socio-economic challenges for the country.

Even as the CARICOM member country refuses to set aside the pursuit of its petro dreams that could cause it to join Guyana, Trinidad and Tobago and Suriname as CARICOM’s ‘petro states,’ Jamaica might still be poised to reap considerable rewards from what is known as the ‘Blue’ economy, according to a report in the Wednesday February 22 issue of the Observer newspaper. 

Kitco Market Data Gold Prices for  Thursday February 22, 2024

By Brooke Glasford When I first began studying the Business of Fashion I had to take a course called the Psychology of Fashion—I was less than enthused to take this because I’d never heard of it or considered that there was one, so I couldn’t fathom what it would be about.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1059’s trading results showed consideration of $8,941,179 from 45,140 shares traded in 34 transactions as compared to session 1058’s trading results, which showed consideration of $17,953,318 from 82,684 shares traded in 40 transactions.

Numerous calls by the Stabroek Business over the past several months for a progress report on the extent of the progress being made in the matter of the creation of the promised regional food security terminal have consistently fallen on deaf ears.

Almost three years since Guyana declined to enter into a long-term oil supply deal with India, the issue has arisen again and the government has again poured cold water on the idea.

Whenever, over several decades, the idea of Guyana becoming a ‘tourism haven’ has arisen, the idea was frequently doused with cold water, not on account of the country’s lack of credentials to support a tourism sector, but on account of ‘excuses’ that were underpinned by a mix of ideological idiocy and refusal to accept that what we saw as the grandeur that was associated with tourism in other parts of the world could not possibly be replicated here.

Chief Executive Officer of the recently established ASGM GUYANA – Artisanal Small Gold Miners Guyana (ASGM) John Applewhite-Hercules earlier this week told the Stabroek Business that the focus of his new company is to work with both current and prospective small miners and potential investors in pursuit of their investment ambitions in the gold mining sector.