Business

Gold Prices for the three day period ending Thursday  October 15, 2015

(Trinidad Guardian) Now that Caribbean Airlines Ltd (CAL) is positioning itself to cope with its external challenges including swift competition, and a smaller subsidy (transfer to state enterprise) of $92.2 million in 2016, Mariano Browne, former minister in the ministry of finance said the airline should not have received a subsidy at all.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 637’s trading results showed consideration of $1,818,026 from 49,058 shares traded in 13 transactions as compared to session 636’s trading results, which showed consideration of $6,591,531 from 169,031 shares traded in 18 transactions.

Guyana was first featured in the Doyle Cruising Guide for the Caribbean in its 3rd edition in 2006 as a potential destination for cruising yachts.

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There has been some evidence, recently, of a deliberate attempt on the part of government to accord tourism a higher national profile.

The largest number of consumer complaints made to the Guyana National Bureau of Standards (GNBS) this year so far has had to do with “cellphone issues,” Senior Inspector in the Bureau Dillon Beckles has told the Stabroek Business.

The plantain and banana industries in the Caribbean Community (Caricom) are facing a crisis arising out of two crop-related diseases—black sigatoka and Moko—that are currently ravaging plants, Stabroek Business has been told by two experts from the Caribbean Agricultural Research & Development Institute (CARDI).

During the course of a conversation with a group of agro processors last week, Stabroek Business learnt that across the country several hundred would-be entrepreneurs continue to be constrained in their ambitions on account of their inability to take their pursuits to the next level, that is to say beyond the stage of producing a few bottles of pepper sauce or ground seasoning in their kitchens and selling these to family and friends and at small stalls in the municipal markets.

Courts Jamaica gets more furniture space   Courts retail furniture store in Jamaica has invested US$8 million in the expansion of its local distribution centre.

Building capacity in the country’s Civil Aviation Authority and the maintenance of local aerodromes in order of priority are among eight key undertakings necessary for the meaningful raising of service standards in the service sector according to Roraima Airways Chief Executive Officer and member of the local Aircraft Owners Association Gerry Gouveia.

Linden Lashley and Natasha David are partners in the nine-month-old GuyPride Construction Company a seemingly fast-rising entity that appears set to make a mark in the construction, renovation, repairs and real estate sectors.

Starr Computers has commenced what the company is describing as exploratory discourses with leaders of hinterland communities with a view to determining the role that technology can play in enhancing conventional education and vocational skills as well as fostering entrepreneurial development with a view to enhancing the quality of life in hinterland communities.

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

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 636’s trading results showed consideration of $6,591,531 from 169,031 shares traded in 18 transactions as compared to session 635’s trading results, which showed consideration of $350,450 from 12,100 shares traded in 4 transactions.

Guyanese consumers continue to be victims of multi-million dollar scams perpetrated by unscrupulous motor vehicle dealers who employ various schemes to cause car buyers to pay hundreds of thousands more for vehicles than was originally agreed.

A technical assistance mission to Guyana in January this year by the International Civil Aviation Organization (ICAO) designed to determine the country’s state of readiness in aviation safety oversight had determined that the country’s state of readiness was the lowest in the region.

As the Ministry of Business through its Small Business Bureau presses ahead with arrangements for the November 27-29 Business Exposition, more than 140 requests have been made for participation in the event which replaces the annual GuyExpo event for 2015 and which will feature local small businesses.

If the recently acquired 19-seater Rayethon Beechcraft 1900 D is to provide optimum service to the country’s aviation sector it will have to benefit from upgraded domestic infrastructure including, particularly, an improved network of airstrips at several interior locations.