It requires a considerable measure of courage and a carefully prepared marketing strategy to make a multi-million dollar investment in one of the most competitive sectors in the Guyana economy.
It was Sunday and the hapless Brazilian football team had long made its inglorious exit from the 2014 Football World Cup.
President of the Georgetown Chamber of Commerce and Industry (GCCI) Lance Hinds has told Stabroek Business that the creation of a culture of entrepreneurship in Guyana must be reflected in an instinctive inclination among young people to establish their own businesses.
As the economic costs and potential health risks associated with the proliferation of counterfeit consumer items become increasingly apparent, Director of the Food and Drugs Department Marlan Cole has told Stabroek Business that his department is stepping up initiatives within the scope of its limitations to protect the health of the population and the viability of businesses against “an illegal multi-billion dollar industry.”
One of the visible indicators of our urban poverty is the number of children who continue to be pressed into service as vendors on the streets, outside the markets and frequently in the vicinity of restaurants and bars.
By Dominic Gaskin (This is part one of a two-part series on the jewellery industry in Guyana.
BOSTON (Reuters) – US emerging market fund managers are paying less attention to where a company is located or listed than to whether it’s making money, either as an advanced world company doing business in the developing world, or the other way around.
Newly elected President of the Guyana Chapter of the Institute of Internal Auditors Jaigopaul Ram has told Stabroek Business that he will be seeking to enhance the image of the profession in Guyana during his one-year term which commenced in June this year and concludes in May next year.
(Barbados Nation) – Barbados businesses are among those who should be wary of the threat from cybercrime.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 571’s trading results showed consideration of $50,618,490 from 669,043 shares traded in 16 transactions as compared to session 570’s trading results which showed consideration of $12,405,000 from 111,200 shares traded in 10 transactions.
Local information technology solutions and equipment provider Starr Computers last week disclosed that it had finalised its latest distribution deal with a high profile international company aimed at enhancing the quality of IT solutions available to the local business community.
This occasional timber price table is being published by the Stabroek Business as a service to the sector.
A year after Rossignol Butcheries opened at 73/74 Church Street, Georgetown, the enterprise has become one of the more visible urban symbols of investment in Guyana by neighbouring Suriname.
Business Cartoon
It is no secret that Guyana continues to have to deal with the considerable health and economic risks associated with the challenge of counterfeit consumer goods’ imports and our glaringly limited capacity to address the problem.
The Guyana business is being urged to set aside what, frequently, has been a singular preoccupation with operating strategies driven largely by cost effectiveness and profit and move in the direction of ‘greener’ production.
A local commercial bank official has told Stabroek Business that the compliance of banks and other financial institutions in Guyana and other developing countries with the provisions of the United States’ Foreign Account Tax Compliance Act (FATCA) was “entirely unsurprising” and that “nothing different” could have been expected of the Guyana banking community.
One gets the impression too that the environmental delinquency in the business sector is, to an overwhelming extent, a function of its awareness that whether through a lack of capacity or an absence of will, enforcement is largely ineffective.
The Rupununi Chamber of Commerce and Industry (RCCI) said yesterday that unless the increased electricity tariff is withdrawn immediately some Lethem businesses might be prepared to relocate to Bom Fin in northern Brazil where cheaper power is available.
A vigorous regime of trading ensues in the dead of night right here in the capital.
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