Business

More buyers at EXPO Jamaica this year The Jamaica Promotions Company (JAMPRO) has announced that that is is bringing at least 60 per cent more overseas ‘buyers’ to the Expo Jamaica trade show this year.

Guyana is seeking to position itself to take advantage of the potentially lucrative wedding tourism niche in the regional visitor arrival market currently being enjoyed by other countries in the Caribbean though the initiative will require amendments to the country’s existing Marriage Act to reduce the length of time which visitors are required to be in Guyana before they can tie nuptials here.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 453’s trading results showed consideration of $1,059,385 from 78,653 shares traded in 10 transactions as compared to session 452 which showed consideration of $6,886,610 from 297,214 shares

A little means a lot

Chief Executive Officer of Roraima Airways Captain Gerry Gouveia has told Stabroek Business that Caribbean Airways has served Guyana well enough over the years to allow for the regional airline to be accorded flag carrier status.

The Guyana Gold and Diamond Miners Association (GGDMA) has set the mining industry a production target of 400,000 ounces in 2012, the year in which the association is celebrating its thirtieth anniversary.

Stronger Economic Ties No one seems to be quite sure of the reason China has increased its participation in the Caribbean.

Chief Cooperatives and Community Development Officer Kareem Abdul Jabar has told Stabroek Business that he intends to proceed with an exercise aimed at regularizing the operations of the Guyana Defence Force Credit Union following a letter sent to him by registered members expressing concern over the functioning of the credit union.

Eight years after joining the staff of the Roraima Group of Companies as a front desk clerk, Shamaine Davis believes she has positioned herself to significantly enhance the quality of service which the company offers to the tourism sector and to raise service delivery standards in the industry as a whole.

Guyana is the ideal location for the hosting of the much-anticipated 13th Annual Caribbean Conference on Sustainable Tourism Development (STC 13) according to a report on the website of the Caribbean Tourism Organization.

Steven Jackson,  Business Writer Jamaicans now own more mobile phones – 3.1 million – than there are people in the country.

Business Cartoons

Recent reports emanating from some Caricom countries would appear to suggest that a greater measure of official emphasis is now being paid to refocusing national attention on agriculture after a period during which it was felt that food security had, in some cases, been shifted to the back burner.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 452’s trading results showed consideration of $6,886,610 from 297,214 shares traded in 13 transactions as compared to session 451 which showed consideration of $4,665,636 from 181,176 shares traded in 9 transactions. 

While Caribbean governments are keen to welcome the billions of dollars in Chinese investments that continue to pour into the region, local businesses and private sector organizations are far from enthusiastic over what they say is the unfair competition which the growing influx of Chinese traders represent.

General Secretary of the Guyana Trades Union Congress (GTUC), Lincoln Lewis, has told Stabroek Business that both the government and the labour movement need to pay particular attention to matters relating to safety and health and workers’ rights against the backdrop of the anticipated major overseas investments in the mining sector.

It took its own time coming but the operations of the Bauxite Company of Guyana Inc (BCGI) in which the Russian Aluminium giant RUSAL is the majority shareholder will finally come under close scrutiny in an arbitration exercise ordered by the Ministry of Labour.

The Guyana Map

Sudden Obsession The issue of the value of the Guyana dollar versus other currencies keeps popping up lately in conversations at socials and on the street. 

Aubrey Roberts believes that a good case exists for the creation of a more amicable relationship between bees and humans.