Business

Local maritime officials are upbeat about the future of the shipping industry but have repeated their warning that the realization of the industry’s goals depends crucially on the speeding up of initiatives to clear the Demerara River channel.

President of the Georgetown Chamber of Commerce and Industry (GCCI) Clinton Urling has told Stabroek Business that the decision made by the Chamber to allow modest business enterprises to become members was “a significant step” for the local private sector since it acknowledges the role that small businesses play in the growth and development of the economy.

Every year the government’s budget proposals never fail to trot out some high-sounding rhetoric intended to send political signals of a commitment to the growth of the small business sector.

Functions of the Budget At the time of the annual budget proposal, Guyanese get to learn many things about the national economy. 

The practice of cultivating fruits and vegetables in pots and discarded containers has long been a fringe pursuit in Guyana’s broader agricultural sector, particularly among small scale urban growers keen to grow at least a modest quantity of the food that they produce.

The government’s stated emphasis on growing the country’s tourism sector has not been matched by evidence of a preparedness to do “what it takes” to market the country abroad in order to attract visitors here, Roraima Airways Chief Executive Officer Captain Gerry Gouveia has told Stabroek Business.

The steady popularization of shadehouse farming in coastal Guyana owes much to the contributions of the Inter American Institute for Cooperation on Agriculture (IICA), Partners of the Americas, a Washington-based non-governmental organization, the Inter-American Development Bank (IDB) and Caribbean Self-Reliance International (CASRI), a Canadian-based non-governmental organization.

Stock market updates

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

Sustained lobbying by local aircraft owners and by the private sector as a whole has been gradually loosening the state’s purse strings as far as effecting repairs and renovation to the country’s ageing domestic aviation infrastructure is concerned.

The success of the Ogle International Airport project represents “a startling reminder” of how private investment can be used to take the country forward by sharing with government the burden of infrastructure development costs, Chairman of Ogle Airport Inc (OAI) and Chief Executive Officer of Trans Guyana Airways Michael Correia Jr has said.

Having said little in the previous months about the continual unfolding of restrictive regulations in the United States arising out of that country’s enactment of its new food safety legislation and the implications for food exports to the United States, the Government of Guyana has used its 2013 budget presentation to the National Assembly to provide the first significant indication that it is aware of the legislation and its implications.

TORONTO (Reuters) – BlackBerry reported a surprise quarterly profit on Thursday and said it shipped 1 million of its all-new Z10 smartphones in the period, but the company has yet to convince some investors that its turnaround plan is succeeding.

Sudden willingness Without getting into the merits or demerits of the case, it is reasonable to say that the 2013 Budget has an unusual orientation towards the individual taxpayer.

The following is a minimally edited address to the 2The surge in crime in Guyana started at the dawn of the new millennium– coinciding with the implantation of the transnational trade in illicit narcotics.

Government is seeking more support from the private sector in creating opportunities for the fostering of entrepreneurial skills among women.

A recent announcement by a senior official of the South Korean technology giant Samsung suggests that Guyana could be one of several Caribbean countries targeted for a major marketing blitz by the company.

(Trinidad Guardian) The phenomenal rise of social media platforms is altering the way organisations engage the public.

(Jamaica Observer) Corporate social responsibility (CSR) plays as much a role in driving economic development and growth as do successful business ventures says the Canadian High Commissioner to Jamaica.