Business

Disqualified

Sincerity Recent news reports indicated that the Public Accounts Committee (PAC) on Monday ended up approving staffing appointments and promotions of persons working in the office of the Auditor-General (AG). 

The Accra Beach Resort in Barbados is one of several notable complexes in the Caribbean to benefit from EDL Technology
The Accra Beach Resort in Barbados is one of several notable complexes in the Caribbean to benefit from EDL Technology

T&T energy firm eyeing Guyana market

Local public and private sector entities seeking cost-saving energy solutions are expected to be among the invitees to a breakfast seminar being hosted by the Trinidad and Tobago-based firm Energy Dynamics Ltd on Wednesday July 4 at the Pegasus Hotel.

Correction

In the June 21 issue of the Stabroek Business we published an article (Women In Business) on The Gift Centre proprietrix Doris Lewis in which we gave her husband’s first name as John.

Amcar CEO Jean-Francois Gerin and managing Director Christophe Surean

Amcar mulls $145M heart of palm investment here, CEO says

The French-owned company Amazon Caribbean Guyana Ltd (Amcar Guyana Ltd) is mulling an investment in the cultivation of around 3,000 acres of heart of palm to consolidate raw material supplies in order to satisfy the demands of what the company’s owner and Chief Executive Officer says is a growing demand in France.

Stock market update

Stock market update GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 465’s trading results showed consideration of $1,869,750 from 89,470 shares traded in 5 transactions as compared to session 464 which showed consideration of $3,009,806 from 44,102 shares traded in 12 transactions. 

State, private sector foot-dragging on US Food Safety Modernization Act

On May 11 this newspaper published an editorial on the new Food Safety Modernization Act, signed into law by US President Barack Obama in the hope that both the Government of Guyana and the private sector would be reminded of the need to take action to address what is in fact the most sweeping reform of US food safety laws in more than half a century and, more importantly from our vantage point, probably the most formidable threat ever to access to the US market for local exporters.

Caribbean Poultry Association President  Dr Desmond Ali

Caribbean body warns against buying ‘old’ US chicken

Even as government announced last week that it had approved temporary licences to 12 unnamed persons to import chicken in an effort to ease a protracted shortage and stabilize prices on the local market, Head of the Caribbean Poultry Association (CPA) Dr Desmond Ali, has issued a call to Caricom countries to guard against the importation of “old meat” from the United States.

Chicken

This is not the first time that the Government of Guyana has intervened to address a shortage of poultry meat on the local market by granting licences for the temporary importation of limited quantities of a commodity that has long been an important part of the local diet.

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