Business

The advent and steady growth of the Diamond New Housing Scheme on the East Bank Demerara has spawned a handful of thriving small businesses that cater mostly to the needs of commuters wending their way home.

If the current continually escalating demand for recycled metal signals a steady increase in industrial production following the global economic crisis, the search by the world’s more aggressive economies for recycled metal has become a mixed blessing for the international community.

These are challenging times for the aviation sector in the Caribbean.

Potential local home owners are being offered an opportunity to view a model home created by Guyanese manufacturer Bulkan Timber Works which, according to the company’s Managing Director Howard Bulkan, has, up until now, been marketed primarily in other Caribbean territories.

The Guyana Telephone and Telegraph Company (GT&T) is partnering with Starr Computers to make what the latter’s Chief Executive Officer Mike Mohan anticipates will be “a significant information technology input” at this weekend’s Building Expo, scheduled to open today at the National Stadium, Providence.

Budding Relationship In this the third discussion about the village of Victoria, one of the many rural communities facing grave economic and social challenges, an effort is made to highlight a few issues aimed at promoting and solidifying its development. 

When you meet Arlene Ross for the first time she does not strike you as being a hard-nosed entrepreneur, who weighs risks, crunches numbers and spends much of her time travelling hundreds of miles by air – sometimes as often as once a week – to acquire stock and explore new ventures.

The strengthening of relations between Berbice farmers and actual and potential regional and international commodity markets is one of the positive outcomes of the Berbice Expo, now in its seventh year, according to Vice President of the Upper Corentyne Chamber of Commerce Leekah Rambrich.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 418’s trading results showed consideration of $1,578,400 from 67,720 shares traded in 11 transactions as compared to session 417 which showed consideration of $1,650,177 from 62,452 shares traded in 11 transactions. 

Conceivably, the Consumer Affairs Act of 2011 can significantly address the relationship between sellers and buyers in the local commercial culture and there is every reason why presidential assent should be hastened and full and effective implementation realized at the earliest possible time.

Business Cartoons

A senior Private Sector Commission (PSC) official has told Stabroek Business that the Guyanese business community is currently afflicted with a low level of confidence in the state of the local security environment, particularly the ineffectiveness of the Guyana Police Force (GPF) to curb the proliferation of crime.

The downturn in the fortunes of the Caribbean’s two traditionally most successful agricultural commodities, sugar and bananas may have sown seeds of doubt in the minds of regional policymakers regarding the role of the food and agriculture sectors in the future of regional economies, according to one of the region’s leading agricultural specialists.

Crime and its implications for citizens’ security in the Caribbean have once again come into sharp focus through the first ever Caribbean Human Develop-ment Report in Citizen Security.

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(Jamaica Observer) The United States will be reaching out to the Caribbean private sector and Diaspora to link US businesses with their regional counterparts through an initiative dubbed Caribbean Idea Marketplace.

Village Conditions The village of Victoria, located about 18 miles from Georgetown, has begun preparations for hosting the second Indaba (conference) in an effort to take control of its economic future and to bring greater economic and financial success to its residents. 

The July 1 to 15 Tropical Timber Market (TTM) Report produced by the International Tropical Timber Organization (ITTO) has raised concerns over the level of wood waste generated by the timber industry in neighbouring Brazil owing to inefficient harvesting and processing procedures.

While most of the East Bank Demerara village of Craig is still asleep, the warm, buttery smell of bread and pastry drifts into nearby homes from a small bakery that has become a fixture in the community.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 417’s trading results showed consideration of $1,650,177 from 62,452 shares traded in 11 transactions as compared to session 416 which showed consideration of $200,005 from 2,353 shares traded in 1 transaction.