Insufficient investment in marketing Guyana’s strengths as a tourist destination and failure over several years to implement a regulatory framework and oversight mechanisms to ensure operational compliance with standards and safety considerations continue to plague the “evident potential” of the country’s tourism sector, one of the leading investors in the industry told Stabroek Business in an interview earlier this week.
LUCAS STOCK INDEX The LSI has been unable to gain any traction in recent trading on the Guyana Stock Exchange and ended the last trading period in October 2011 half a percent lower than last week. The value of Banks DIH (DIH) shares fell 3.2 percent while the other two stocks that traded, Demerara Bank Limited (DBL) and Demerara Distillers Limited (DDL), remained unchanged. As a result, the spread between the index and the risk-free Treasuries due to mature in December 2011 fell further below 20 percentage points.
Red Jet, currently the Caribbean’s busiest airline says it expects to carry more than 30,000 passengers to various destinations in the region during the Christmas season.
Stabroek Business investigates the crisis of cheap and inferior school shoes imported into Guyana bringing with them misery and higher costs for parents who can ill-afford the additional financial strain of paying more for less
If you visit most of the small businesses around the city that restore and repair worn out and damaged shoes you are likely to see large quantities of new footwear, some still in the boxes in which they were bought; and if you wonder about the phenomenon of new shoes in a repair shop you would have every right to do so.
Barbados Trade and Tourism Minister Haynesley Benn wants regional manufacturers and importers to take a greater measure of responsibility for ensuring that foods marketed within Caricom pose no health risks to regional consumers.
Just how vulnerable the global economy can sometimes become to its interdependence is graphically reflected in the threatened worldwide and seemingly worsening flooding currently afflicting Thailand.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 432’s trading results showed consideration of $980,604 from 69,565 shares traded in 4 transactions as compared to session 431 which showed consideration of $682,375 from 52,150 shares traded in 5 transactions.
Statistics published in the recently released third quarter Caricom Consumer Sentiment Survey indicate that while consumer sentiment across the region recorded a significant improvement between July and September this year, public confidence in government handling of the respective economies of the region remains relatively low.
Local agro-processors have secured an additional medium through which to market their products following the recent launch of the New Guyana Marketing Corporation’s Market and Enterprise Information System (MEIS).
The Guyana Telephone & Telegraph Company (GT&T) has again raised the issue of the damage being done to its telecommunications infrastructure through acts of vandalism that target mostly its insulated copper cable.
Unique
The United Nations (UN) will launch the International Year of Cooperatives (IYC) on October 31, 2011 and there is no publicly available evidence that Guyana is ready to join that effort with its own initiative.
Routine maintenance and build out work to the country’s domestic telecommunications infrastructure has been set back by about five months as a result of pressures being placed on the human and technical resources of GT&T by the need to attend to emergency repairs resulting from cuts in both its copper and fibre optic cable infrastructure.
For almost seventeen years Nigel and Kathy Hughes have kept the Sidewalk going, not just kept it going, but carved out a niche for the establishment in the competitive and continually changing tastes in the urban entertainment.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 431’s trading results showed consideration of $682,375 from 52,150 shares traded in 5 transactions as compared to session 430 which showed consideration of $3,612,250 from 128,843 shares traded in 8 transactions.
– GT&T still committed
to competition
Both the Guyana Telephone and Telegraph Company (GT&T) and Digicel remain in the dark as to reason for government’s decision to postpone the formalization of arrangements for bringing into force legislation which would have effectively ushered in a liberalized telecommunications sector.
The Guyana Cooperative Credit Union League is seeking to steer the local cooperative credit community in the direction of leveraging its $4.9 billion in financial assets base to raise its profile among local lending institutions by diversifying the range of services which it provides, beyond the conventional loans at low rates of interest, President of the League Denise M.
