Business

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Motion Sir Isaac Newton helped us to gain a better understanding of the world in which we live when he explained what happens to an object that was in motion. 

Randolph and Kerrin Stanley can be described as an unusual couple if only because they have remigrated at a time when many people their age, 36 and 31 years old, are seeking to do the opposite.

Small and medium-sized enterprises in Guyana are to benefit from a four-year, Canadian International Development Agency-funded programme targeting similar business entities in six other Caricom countries for sustainable growth.

Some multi-million-dollar mining operations in various parts of the interior are likely to come under official scrutiny early next year as the authorities initiate an audit aimed at identifying and removing unregistered mining operations.

Labour activist Ian Andrews is seeking official recognition and endorsement for what he says is the first trade union for the private transport sector in the Commonwealth Ian Andrews concedes that the efforts of the United Mini Bus Workers Union (UMBWU) to unionise the owners, drivers and conductors of the country’s privately operated minibuses is as close to “an industrial relations miracle” as one can get.

Does the mid-November visit to Guyana by Trinidad and Tobago’s Food Production Minister Devant Maraj add impetus to the ponderous pace at which the regional food security plan has been moving?

Stock market updates

The strengthening and enforcement of penalties for late payment and non-payment of NIS contributions and the introduction of new legal measures to punish transgressors including the garnisheeing of the income and assets of non-compliant employers are among the matters on which the Eight Actuarial Review have commented.

Georgetown Chamber of Commerce and Industry (GCCI) President Clinton Urling wants the country’s “national leaders and public officials” to be more transparent and accountable in the management of public and private sector organisations.

Roraima Airways says that it intends to forward to the authorities, the findings of a Commission of Enquiry into the discovery of a quantity of cocaine at the Cheddi Jagan International Airport, Timehri—in which one of its staff was fingered—“within a week” and that it will be seeking to engage the authorities on recommendations for reducing the vulnerability of the airport to drug traffickers.

A low-tax plan It was recently reported in the Stabroek News that the President of the Georgetown Chamber of Commerce and Industry (GCCI) expressed the view that modifying the personal and corporate tax rates would be a good thing for the Guyana economy. 

Derek Gomes is a self-taught caterer whose skills are particularly in demand at this time.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 489’s trading results showed consideration of $3,178,061 from 121,503 shares traded in 26 transactions as compared to session 488 which showed consideration of $1,970,394 from 87,598 shares traded in 14 transactions. 

The 2012 report of the Auditor General has taken the Customs and Trade Administration to task over its delinquency in making available for audit, files containing details of several consignments of seized goods.

Whenever accusing fingers are pointed at the political administration – whether by Transparency International, the US State Department or local pressure groups – in the matter of corruption, it never fails to respond with touchiness, charging its accusers with transgressions ranging from spitefulness to political bias.

Changing consumer purchasing patterns in the information technology sector in recent years is likely to continue to manifest in seasonal gift choices this year, Starr Computers General Manager Rehman Majeed told Stabroek Business in an interview earlier this week.

Business Cartoons

It did not require the recent intervention of the Chief Medical Officer to make us aware of the fact that food-borne diseases are generally seriously under-reported and may well pose a serious public health threat in Guyana.

During the hour and a half that we spent chatting with Peggy and Debbie Chin it was clear that they were having a light morning.