Some urban businessmen pushing for a piece of the pie – Shields
Continually rising gold prices coupled with a highly successful 2009 for the industry appears to have triggered a fresh wave of investment interest in the sector by coastal businessmen who have traditionally paid little if any attention to the gold-mining industry; and according to Executive Secretary of the Guyana Gold and Diamond Miners Association (GGDMA) Edward Shields Guyana’s latest ‘gold rush’ could add to the already existing challenges facing the industry.
At a recent media workshop organized by the George-town Chamber of Commerce and Industry (GCCI) and the Guyana Press Association (GPA) both the Junior Vice President of the Chamber Terrence Holder and Vice Chairman of the Private Sector Commission Yog Mahadeo commented on what they felt was the dearth of reporting on matters of business and finance in the local media.
-renovation, redesign work could cost $30-$50m
The Guyana Association of Art and Craft Producers is mulling plans to take the local art and craft industry to the ‘next level’ but members of the Association have told Stabroek Business that they are awaiting the official handing over of the premises promised to them by government before they can proceed with the implementation of their proposals for taking the industry forward.
Chic-Paris International is probably an unlikely name for a hotel situated in the small, predominantly working class village of Dartmouth on the Essequibo Coast.
Says piracy has made the sale of original texts ‘risky business’
Austin’s Bookstore, the city’s leading bookseller, has told Stabroek Business that it has had to cut the importation of textbooks by up to 70 per cent as a result of the competition from pirated copies.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 369’s trading results showed consideration of $120,000 from 10,000 shares traded in 2 transactions as compared to session 368 which showed consideration of $6,032,873 from 439,863 shares traded in 19 transactions.
Commercial banks upbeat about low-income mortgages
Guyana’s first ever International Building Expo concluded at the National Stadium, Providence on Monday, August 9th with exhibitors hailing the event as a worthwhile opportunity to significantly step up the marketing of the various products and services associated with the current aggressive promotion of a national home ownership drive.
-some fear ‘killing off’ of micro operators in garment sector
The continuing influx of Chinese traders into Guyana has evoked mixed reactions from government, local business enterprises and consumers, all of whom have had something to say about the impact of their advent on the retail trade, particularly in clothing and apparel.
The Business Editorial
Last Sunday, the Kaieteur News reported on the seemingly unstoppable trade in illegal reproduction and sale of text books and the impact of the practice on the viability of legitimate bookselling operations.
By Rawle Lucas
Resource-Based Model
The people of Victoria held discussions on the economic future of their village last Thursday and Friday and heard points about the importance of education and resource use from several speakers.
Stabroek Business Editor Arnon Adams speaks with Georgetown Chamber of Commerce and Industry Councillor and Managing Director of China Trading Jason Wang
When you ask Jason Wang whether it might not be appropriate to describe him as the unofficial ‘leader’ of the burgeoning Chinese business community in Guyana, he makes it clear that he would prefer not to be so labelled.
Chief Executive Officer of the Roraima Group of Companies Captain Gerry Gouveia has deemed President Bharrat Jagdeo’s recent public comment on standards of service at the Pegasus Hotel “unfortunate” but has said that “as a businessman with an interest in tourism development and in raising service standards in Guyana” he was supportive of the establishment of a Marriott-branded hotel here.
Guyanese UNCTAD/ EMPRETEC Women in Business nominee Lucia Desir reflects on her experience at the 2010 Geneva Awards Ceremony
Lucia Desir may not have returned from Geneva with this year’s United Nations Conference on Trade and Development (UNCTAD) Women in Business Award, an accolade for which she, and nine other international businesswomen qualified earlier this year; she has, however, gone back to her job as Managing Director of D&J Shipping, eager, energized and empowered.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 368’s trading results showed consideration of $6,032,873 from 439,863 shares traded in 19 transactions as compared to session 367 which showed consideration of $2,639,535 from 140,890 shares traded in 13 transactions.
Gov’t subsidy could further reduce retail price – Company President
One of the country’s leading equipment and service providers in the information technology sector has told Stabroek Business that it aims to assemble and market a computer at a price “below $40,000” before the end of 2011.
