Business

Time was when the MV Kimbia docked at Kumaka once every fortnight.

VARANASI, India (Reuters) – As India launches an $18 billion plan to spread the information revolution to its provinces, the problems it faces are a holdover from the past – electricity shortages, badly planned, jam-packed cities, and monkeys.

By Dani Rodrik  PRINCETON – So-called “frontier market economies” are the latest fad in investment circles.

Since the beginning of 2015 the Guyana Telephone and Telegraph Company (GT&T) has recorded more than 33 instances of disruption to its line plant associated with vandalism and indiscriminate digging by entities undertaking other works in the vicinity of its cables.

An open border or at least a border “with limited restrictions between Nickerie and Corriverton” is likely to “trigger a significant boost to the economy of the Upper Corentyne,” recently re-elected President of the Upper Corentyne Chamber of Commerce Abraham Subnauth has said.

HONG KONG (Reuters) – US and European investor groups have called for the Indian government to urgently clarify its tax regime for foreigners, following surprise attempts by tax inspectors to claw back money they say is owed on years of previously untaxed gains.

Gold Prices for the three day period ending Thursday April 2, 2015

(Trinidad Express) Republic Bank (RBL) on Wednesday announced plans to acquire Suriname’s third largest bank, RBC Royal Bank Suriname NV, from the Royal Bank of Canada.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 609’s trading results showed consideration of $469,630 from 18,830 shares traded in 5 transactions as compared to session 608’s trading results, which showed consideration of $4,234,296 from 64,707 shares traded in 15 transactions.

Jamaican-born businesswoman Valerie Grant takes seriously the opportunities afforded by the facility of free movement of skills in the region to offer what, in the context of the Caribbean, are scarce if important services that are critical to a broad range of developmental sectors.

It has been two months since around 60 beneficiaries received grants totalling some $20 million under the Micro and Small Enterprises (MSE) Development and Building Alternative Livelihoods for Vulnerable Groups’ project.

This one Mommy! This single-minded young lady is not about to be distracted from her negotiations with a kite vendor on Camp street earlier this week ahead of Easter Monday’s traditional kite-flying activities

Business Cartoons

For Lianne Fernandes-Sears this year’s seventh annual Wedding Expo staged by the Roraima Group of Companies at its Duke Lodge Hotel in Kingston provided just the opportunity she was seeking to broaden the client base of an enterprise which, for the last five years, has been seeking to break into the mainstream market in what has become a highly competitive industry.

A Guyana Geology and Mines Commission (GGMC) Management and Systems Review undertaken in February and targeting the its Mines, Land Management and Geological Services Division has alluded to what a mining source has described as “evidence of outrageous irregularities” in the mining sector including a “tendency towards landlordism,” which the report says “has taken over the mining industry.”

Extensive capital dredging of the harbour facility at Port Georgetown to enable access for larger vessels remains a critical issue on the local maritime agenda, Executive Secretary of the Shipping Association of Guyana Ian D’Anjou said.

In relatively recent years—at least as far as we know—a range of our food exports have been used as conduits for the movement of illicit drugs to export markets, a practice that has begun to negatively affect the country’s reputation as a legitimate exporter.

(Article and photos provided by the Forest Products Development Marketing Council)   Of all the timber harvested in Guyana, exports of logs now stand at approximately 35% of the quantity harvested.

Starr Computers is reporting “very positive responses” from the University of Guyana Students Society (UGSS) to what it says is an initiative by the company intended to help open up new career paths for students attending the university.