The provisions in the country’s 2014 budget for the tourism sector do not reflect the various official public pronouncements regarding government’s commitment to moving the industry to “an enhanced level of prominence,” Chief Executive Officer of Roraima Airways and former Head of the Tourism and Hospitality Association of Guyana, Gerry Gouveia told Stabroek Business in an interview on Wednesday.
Local commercial banks and other lending agencies ought to be in a position to access credit reports on potential borrowers through the local Credit Bureau “within a month or two,” according to Bureau General Manager Judy Semple-Joseph.
Against the backdrop of mounting international pressure on the Caribbean over the perceived role of offshore banking institutions in facilitating financial crimes, including money laundering, Prime Minister of The Bahamas, Perry Christie used this week’s opening session of the Third Caribbean Conference on the International Financial Services Sector to defend regional offshore banks, asserting that they were far more robust than those in countries that continue to fight offshore financial services in the region.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 557’s trading results showed consideration of $5,852,934 from 180,483 shares traded in 18 transactions as compared to session 556’s trading results, which showed consideration of $5,276,113 from 40,540 shares traded in 5 transactions.
In his 2014 budget presentation, Finance Minister Dr.Ashni Singh announced that this year growth in the manufacturing sector was projected at 7.1 per cent, driven largely by what, in his words was an “anticipated recovery of the sugar industry.”
We met Marcia Gonsalves last Friday at a forum on agro-processing at the International Conference Centre organized by the Guyana Marketing Corporation.
Strong, officially backed ‘buy local’ advocacy is one of the recommendations which the Head of the Guyana Agro Processors Association, the umbrella body for at least 25 small and medium-sized local food manufacturing entities, is expected to make in his presentation at today’s National Agro-processing Forum at the Inter-national Conference Centre, Liliendaal.
Today’s national agro-processing event being held at the International Conference Centre, Liliendaal is important for several reasons, perhaps the key one being that it provides a stage on which many small manufacturing enterprises – some, first the first time – can bring their products to the attention of a relatively large potential market.
The state of the country’s sugar industry is a microcosm of its weak agro processing sector, President of the National Agro Processors Association Ram Prashad has told Stabroek Business.
The Small Business Bureau (SBB) could begin disbursements of grants of up to $300,000 each for start-up small business projects and re-tooling of existing ones as early as next month under the Low Carbon Micro and Small Enterprise Development Project (LCMSEDP), Stabroek Business has learnt.
By Joycelyn Williams
Joycelyn Williams is a Lecturer at the University of Guyana and a Programme Management Consultant
Industrial policy has been used by all the high performing Asian countries and the BRICS to deliberately push forward structural transformation and industrial development.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 556’s trading results showed consideration of $5,276,113 from 40,540 shares traded in 5 transactions as compared to session 555’s trading results which showed consideration of $6,860,530 from 60,880 shares traded
Not for the first time in recent years government is talking up tourism as a focus of accelerated attention, presenting the sector as Finance Minister Dr Ashni Singh described in this year’s budget speech, potentially “a major driver of growth and job-creation in Guyana.”
By Amos Sarrouy
After I told my friend in Puerto Ordaz that I was in search of Guyanese living in Venezuela he took me to meet some people that he knew.
A cross section of local manufacturers are expected to participate in the inaugural National Agro Processors Forum at the International Conference Centre, Liliendaal on Friday March 28.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 555’s trading results showed consideration of $6,860,530 from 60,880 shares traded in 11 transactions as compared to session 554’s trading results which showed consideration of $10,235,630 from 477,732 shares traded in 8 transactions.
Generally believed to be one of the largest producers of pork along the East Coast Demerara/West Coast Berbice corridor, Vasil Wood believes that after several decades there is still much more that needs to be done to create a thriving national pork production industry.