Business

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

Government’s announcement a week ago that the local company e-Networks had been granted clearance to land its own fibre optic cable in Guyana from neighbouring Brazil has been met with a robust query from another service provider in the IT sector.

Against the backdrop of what is widely believed to be the country’s significant potential to become a major producer of oil and natural gas, Guyana can anticipate support from the United States in building capacity in the creation of structures that would ensure accountability for oil and gas revenues once exploitation gets underway.

There have been times when a fair measure of controversy has attached itself to local representation at international trade shows coordinated by the state-run Guyana Office for Investment (Go-Invest).

Clarence Ceres is of the view that the high profile which Guyana once enjoyed in the field of furniture-making is being continually compromised by what he regards as the “crisis” in the wider forestry and wood products sector.

Jamaican company GeoTechVision which was founded in 2008 and which, since 2012, has established operations in Guyana, was earlier this month named by the high-profile magazine CIOReview among its 20 most promising solutions providers in the Geographic Information Systems (GIS) sector in 2015.

Against the backdrop of a decidedly modest after-tax profit of $30.0 million, local company Caribbean Container Inc (CCI) has announced that its shareholders are to receive $0.20.00 per share for 2014, a 53.8 per cent increase on the $0.13.00 earnings per share at the end of 2013.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 613’s trading results showed consideration of $7,954,243 from 200,850 shares traded in 18 transactions as compared to session 612’s trading results, which showed consideration of $22,862,033 from 278,142 shares traded in 17 transactions.

Long before Dougal Kirkpatrick’s formal elevation to the position of Head Chef of a family business that goes back more than half a century he had been playing a pivotal role in what has been the steady growth of Kirkpatrick’s Catering.

Gregory Shaw, the 29-year-old General Manager of California Stucco believes that its arrival in Guyana, just under three years ago, has added a new and exciting dimension to the country’s design and building landscape at a time when the local construction sector is expanding at breakneck speed.

This picture was taken on Hadfield Street immediately beyond the perimeter fence of St.

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

Business Cartoon

Jamaica will host its Sixth Biennial Jamaican Diaspora Conference during the period June 13 to 18 2015 at the Montego Bay Convention Center.

Guyana ranks 93rd on The World Economic Forum’s Network Readiness Index in its 2015 Global Information Technology Report.

A new World Economic Forum report on the role of Information and Communication Technology (ICT) in growth and development is placing the onus on governments to step up population access to the internet, as a means of accelerating economic development and the emergence of startup companies in their countries.

At face value it may not sound like a great deal and, moreover, it is only one of a multitude of initiatives required to address the varied challenges facing the local craftspeople and artisans and their industries.

Local ceramic and pottery craft producers are to benefit from professional instruction in modern techniques for mould design and manufacturing through a workshop being delivered by the Caribbean Technology Consultancy Services (CTCS) Network in consultation with the Georgetown Chamber of Commerce and Industry (GCCI).

Whilst formal academic training in business-related disciplines now occupies a prominent place on the curricula of local schools and tertiary institutions and increasingly as part of in-service training at several local entities, the view has long been expressed in business circles that efforts to enhance the entrepreneurial culture in Guyana must be driven much more by initiatives that provide hands-on instructional training designed to transform modest and seemingly thriving business ventures into highly successful enterprises.