Business

These workmen were last week on duty ona large construction site in the city with footwear that is far removed from regulation  safety shoes.
These workmen were last week on duty ona large construction site in the city with footwear that is far removed from regulation safety shoes.

Some entities putting profits before safety and health – OSH Expert

One of the country’s leading occupational safety and health specialists has told Stabroek Business that government and the private sector must share the blame for the fact that insofar as local safety and health standards are concerned, “as a country, we are in a bad way”.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 477’s trading results showed consideration of $3,137,724 from 149,582 shares traded in 12 transactions as compared to session 476 which showed consideration of $4,691,688 from 225,915 shares traded in 11 transactions. 

Retailing pirated DVDs in Georgetown

Intellectual property rights transgression unacceptable

– music executive Failure to rein in flagrant copyright transgression in Guyana has resulted in the impoverishment of the local music industry and the frustration of indigenous artistes, according to the head of one of the country’s leading recording studios.

Mining supplies transported through Linden by truck recently being taken to the Mazaruni by pontoon

Interior gold mining supplies “rolling” again

Sections of the mining industry that were affected by the recent protests at Linden which impeded the movement of critical supplies to some interior mining locations for several weeks are “rolling again” according to an official of the Guyana Gold and Diamond Miners Association (GGDMA).

Indranauth Haralsingh

GuyExpo 2012 targeting USA, Canadian buyers

Critics of the distracting noise levels emanating from the loud music from ‘boom boom’ boxes that have been an integral part of the annual GuyExpo in previous years appear to have gotten their way with the organizers, according to GuyExpo 2012 Public Relations Officer Indranauth Haralsingh.

Rethinking GUYEXPO

In a recent interview with this newspaper Director of Tourism at the Guyana Tourism Authority, Indranauth Haralsingh, who is serving as the public relations ‘point man’ for this year’s GUYEXPO, declared that the event which begins later this month will be seeking to attract more overseas buyers in order to expand external markets for Guyana’s manufactured products.

In the second week of trading in September 2012, the Lucas Stock Index (LSI) posted a nearly five percent increase in value.  The stocks of four companies were active this week with Demerara Distillers Limited (DDL) recording a 20-percent increase in value and Guyana Bank for Trade and Industry (BTI) advancing by 21.25 percent.  The other two companies, Banks DIH (DIH) and Demerara Bank Limited (DBL), recorded no gain in the value of their stocks.  Trades this week saw a major shift in ranking with BTI surpassing DIH to occupy the number two spot in market capitalization and to assert itself as a market leader.  This week’s change in value by 4.95 percent is also a major development since the LSI has been averaging growth of only 0.33 percent over the last four weeks.  As a result, the LSI now exceeds the yield of the 364-day Treasury Bills by more than 27 percentage points.

Reaching across the ocean

Diaspora Unit Many years after they left the country for a variety of reasons, and settled in other places around the globe, the diaspora that Guyanese became is now a focus of the Guyana Government. 

Stock market updates

Notes 1 – Interim Results 2 – Prospective Dividends 3 – Shows year-end EPS but Interim Dividend EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Dumping, unfair competition and effective private sector representation

In a recent interview with this newspaper the new Chairman of the Private Sector Commission (PSC) Ronald Webster said that small local clothing manufacturers concerned over the importation of cheap clothing and what they consider to be the unfair competition that such imports present for local seamstresses and other manufacturers should make their views known to the Guyana Manufacturing and Services Association.

The short-sightedness of our private sector umbrella organisations

A few days ago, the Executive Director of the Barbados Manufacturers Association (BMA) Bobbi McKay spoke with more than 250 Barbadians from the Diaspora who had returned to the island for a convention to support local manufacturers by acquiring their produce, using it and recommending those products to other friends and relatives residing abroad.

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