Business
GuyExpo resuscitated
The resuscitation of GuyExpo last week following a hiatus of seven years was a commendable initiative given the fact that the optional avenues for product promotion for farm produce and their by-products have always been decidedly limited.
Fossil fuel phase out top of the agenda at COP28 preliminary talks
A fortnight before the commencement of the COP 28 Climate Summit in Abu Dhabi, there is evidence that an agreement on the phasing out of fossil fuel remains on centre stage, the occupancy by the United Arab Emirates of a strong strategic position at the summit table notwithstanding.
Venezuela ‘thriving’ on limited lift of US oil export sanctions
The seeming incremental lifting by the United States of sanctions which had been imposed on Venezuela’s oil exports tied to political differences with Washington has seemingly arrived at a point where some of the world’s major traders are returning to the source of some of the world’s largest oil reserves.
Stock Market Updates
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1045’s trading results showed consideration of $32,702,158 from 97,947 shares traded in 39 transactions as compared to session 1044’s trading results, which showed consideration of $13,416,027 from 56,217 shares traded in 14 transactions.
Climate Change is Disrupting Global Trade – Panama’s drought shows how trade disruptions from climate extremes can reverberate around the world
IMF Blog Serkan Arslanalp, Robin Koepke, Alessandra Sozzi, Jasper Verschuur November 15, 2023 Around 1,000 ships pass through the Panama Canal each month carrying a total of over 40 million tons of goods—about 5 percent of global maritime trade volume.
Market Prices
Business Cartoons
Jamaica’s Ministry of Industry offering ‘duty-free import facility, tax relief for young entrepreneurs
The Micro, Small and Medium-sized Enterprise Division in Jamaica’s Ministry of Industry, Investment & Commerce, is reportedly pulling out the stops to persuade owners of micro, small and medium-sized enterprises (MSMEs) to secure investments grants and other facilities to support them in the growth of their business operations.
Kamarang cannot be ignored
On the far too few occasions when Kamarang gets a mention in the mainstream media, those references, rarely, if ever, suitably contextualize the significance of the community.
Mimic men
Over many weeks, the Stabroek Business has been commenting on matters pertaining to the seeming lack of concern on the part of regional governments, including our own, on an issue which is of paramount importance … food security.
IDB signs on to support Latin America, Caribbean Nature Fund
Interest in the environmental credentials of the Caribbean by both the United States and the Inter-American Development Bank (IABD) is expected to be strengthened in the wake of the signing of a Letter of Intent by US Under Secretary of State for Economic Growth, Energy and the Environment and IDB President IIan Goldfajn, a prerequisite to the launch of the Americas Partnership Fund for Nature in the Hemisphere.
Suriname’s ‘big time’ oil recovery drawing closer
Suriname has reportedly concluded talks with a delegation from the Malaysian-owned energy multinational, Petronas, following which Guyana’s South American neighbour unveiled its plans for a possible oil project in Block 52 off the Surinamese coast.
Region Three November 26 Job Fair seeking to mobilize skills to grow community
Seemingly inspired by its recent encounter with officials of the Georgetown Chamber of Commerce and Industry (GCCI) during the latter’s recent visit to Essequibo, the Region Three Chamber of Commerce would appear to be seeking practical ways of rendering itself relevant to the community that it serves.
Exxon Mobil drilling for lithium in Arkansas, expects production by 2027
Exxon Mobil Corp on Monday announced it is drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
Kitco Market Data
LUCAS STOCK INDEX (LSI)
The Lucas Stock Index fell 2.616 percent during the first period of trading in November 2023.
Kamarang/Warawatta Rising? Rising?
The Kamarang/Warawatta Village are two distinct Amerindian villages situated at the confluence of the Kamarang and Mazaruni rivers which are conjoined administratively.
CARIB Export moving beyond its recent ground-breaking Africa business breakthrough
Fresh from the lead role which it played at the head of a regional business delegation undertaking an important bridge-building mission as part of a wider regional effort to cement trade and business ties between Africa and the Caribbean, the Caribbean Export Development Agency (CARIB Export) announced recently that it had now joined forces with the French state agency, Business France, as part of yet another initiative to catalyze private sector growth in the Caribbean.
Caribbean countries go to COP 28 seeking a path forward
By Caribbean Times -November 7,2023 Guyana is the first country to deploy large-scale carbon on the international market as the CARICOM country seeks to advance its climate security.
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