Business

Illusion Notwithstanding the energy and miscellany of programmes it trots out each year, the administration, like other governments, simplifies its achievements by showing how gross domestic product (GDP) has changed from one year to the next. 

Chief Executive Officer of the Guyana Telephone & Telegraph Company (GT&T) Yog Mahadeo said he was amused that his Digicel counterpart Gregory Dean was commenting on the profits being made by GT&T’s operations.

Guyanese entrepreneurs will, from March this year, have access to a training programme in Supply Chain Manage-ment designed by the Geneva-based International Trade Centre (ITC).

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 391’s trading results showed consideration of $1,017,509 from 66,961 shares traded in 9 transactions as compared to session 390 which showed consideration of $913,478 from 73,842 shares traded in 11 transactions.

Some of the street vendors displaced by the ongoing exercise being undertaken by government ostensibly to rid the Stabroek Market area of illegal physical structures and create an atmosphere that would discourage

A Canada-based, Guyanese-born environmentalist and food security advocate has told Stabroek Business that Guyana’s efforts to expand its markets for locally produced foods in North America must be attended by enhanced

The chaos that has, for years, passed for vending in the vicinity of the Stabroek Market could not have been allowed to go on forever; pity indeed that it took an incident involving loss of life and multiple injuries to get the authorities to do something to address the problem.

Resource-Poor Households Just over one week ago, the administration launched a G$220M credit program for the benefit of small farmers in Guyana. 

Part I This series of articles on the GCSP is intended to build awareness of it.

Business Cartoon

Government and the private sector have fashioned a closer relationship in recent years and the two now work together “to achieve developmental objectives within the national framework whilst creating opportunities for new and existing businesses,” Chairman of the Private Sector Commission (PSC) Ramesh Dookhoo has declared in his New Year message.

A senior official in Guyana’s gold-mining sector has said that it may well become more vulnerable to illegal cross-border operators in the wake of plans by neighbouring Suriname to take immediate steps to suppress illegal mining operations in that country.

It comes as no surprise that Guyana’s gold industry outdid itself once again this year, topping 300,000 ounces for the second consecutive year and earning the country upward of US$346 million, reportedly, the best performance by the sector since the closure of Omai Gold Mines Ltd five years ago.

Strikes

As Guyanese lethargically recovered from the exhausting Christmas and New Year celebrations, so did the trading wheels of the Guyana Stock Exchange (GSE).  

In the past two to three decades, international equity investing has changed in structure.

Opportunities appear to loom large for Guyana’s rice industry following the Ministry of Agriculture’s announcement by Agriculture Minister Robert Persaud that the industry had exported a record 320,000 tonnes in 2010.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 389’s trading results showed consideration of $740,750 from 23,150 shares traded in 5 transactions as compared to session 388 which showed consideration of $2,156,160 from 83,247 shares traded in 6 transactions. 

Executive Director of the Guyana Gold and Diamond Miners Association (GGDMA) Edward Shields has told Stabroek Business that the gold mining sector is very likely to better last year’s yield of 301,000 ounces though the industry was likely to end 2010 in a condition of concern and uncertainty.