Business

Senior government and private sector officials on Wednesday used the opening session of the August 14-15 National Economic Forum to continue to express concern over what they say may be an irretrievably lost opportunity to secure a hydropower energy source for the country.

This newspaper first learnt of the Georgetown Chamber of Commerce and Industry (GCCI) Security Seminar several weeks ago on the day that several sections of the media reported a spate of robberies in the city.

Securing and sustaining external markets and ensuring the overall health of the local population “in both the short and long term” are challenges that require Guyana to be particularly mindful of its food safety standards a United States-based Guyanese food science technology expert has told Stabroek Business.

(Jamaica Gleaner) Leveraging its parent’s manufacturing capacity for filets, breaded nuggets and other menu items, Fish Pot restaurant, a wholly owned subsidiary of Rainforest Seafoods, has rented property in the heart of Half-Way Tree formerly known as Skateland for its second seafood-oriented quick-service eatery.

(Barbados Nation) From next year, Barbadian students at campuses of the University of the West Indies across the region will be digging into their pocket for their tuition fees.

(Reuters) – Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of uncertain demand for its networking equipment.

It may not be a game-changer as far as foreign investment in the Guyana economy is concerned but the recent announcement that coconut water imported into the United States from Guyana could be used in the manufacture of an energy drink that will target the high-end US market has already set tongues wagging in the region.

Stock market updates

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)

Paltry government investment in the promotion of Guyana abroad compared to the “millions” being invested in the same pursuit by other Caribbean countries has been a key factor in the retardation of the local tourism industry, according to a presentation made by stakeholders in the industry at this week’s National Economic Forum.

  Crime and business ‘think in’: Home Affairs Minister Clement Rohee addressing the recent Crime and Business ‘think in’ at the Pegasus Hotel organized by the Georgetown Chamber of Commerce and Industry.

The country’s key Business Support Organizations (BSOs) – the Private Sector Commission (PSC), the Guyana Manufac-turing and Services Association (GMSA) and the Georgetown Chamber of Commerce and Industry (GCCI) have acknowledged that the performance of the beleaguered Guyana Power and Light Company (GPL) may be enhanced through the infusion of foreign skills including  management.

A delegation to Guyana from Trinidad and Tobago comprising representatives from two of the country’s business support organizations says that a key objective of their visit is to develop “direct  relationships” with the business community here to help reduce resort to government involvement whenever important private sector initiatives are to be taken.

If the full details of what we are told will be an important two-day (August 14-15) national economic summit are yet to be made known, there is absolutely nothing wrong with wondering aloud about the significance of this forum and about just what the anticipated outcomes are.

Business Cartoon

Port Mourant boasts one of those local markets that is a mix of commerce and spectacle.

Gouveia hopeful about August forum for tourism sector Chief Executive Officer of Roraima Airways Captain Gerry Gouveia has told Stabroek Business that he is optimistic that the mid-August high-level development discourse being organized by government will embrace recommendations being prepared by a committee of tourist operators for significantly upgrading the local tourism sector.

For all her considerable academic accolades, Rutgers University Professor Robin Brumfield still regards herself as a farmer with a mission to do what she can to help maximize the production of healthy food.

The August 13 Security Seminar being hosted by the Georgetown Chamber of Commerce and Industry must go beyond “the customary erudite exchange of views and ideas” and focus on “finding real solutions to the serious crime challenges facing the business community”, GCCI President Clinton Urling has told the Stabroek Business.