GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 362’s trading results showed consideration of $2,136,142 from 200,082 shares traded in 17 transactions as compared to session 361 which showed consideration of $4,104,028 from 363,125 shares traded in 16 transactions.
(Prepared by the Guyana marketing Corporation and published by Stabroek News Business as a public service)
– Economic Intelligence report * feels official 2009 growth figures ‘overstated’ A recent Country Report on Guyana published by the London-based Economic Intelligence Unit (EIU) points to an uneasy relationship between the government and the private sector despite a net increase in private investment in the country’s economy last year.
– 58% of borrowers were micro clients – Agri projects dominate The Institute of Private Enterprise Development (IPED) continues to raise its profile as the country’s flagship institution for lending and capacity building in the micro, small and medium enterprise sector, turning in yet another year of eye-catching performances.
Serious charges: The Economist Intelligence Unit Country Report on Guyana There is no mistaking the bluntness in the April 2010 Country Report on Guyana by the Economist Intelligence Unit, particularly its undisguised challenge to the veracity of the figures proffered by Finance Minister Ashni Singh in support of official assertions of growth in the country’s economy in 2009.
By Jacquelyn Hamer Jacquelyn Hamer is a retired Guyanese diplomat and a director of the skills training organization Visions of Excellence.
Even as levels of formal unemployment raise increasing concerns about creating more opportunities for self-employment, one of Guyana’s most respected and successful entrepreneurs has criticized the slow pace of the implementation of the country’s six year-old Small Business Act.
The Royal Academy of Career Develop-ment, (RACD) a local training institution that provides specialized academic courses in various business-related disciplines has concluded an agreement with EDEXCEL, UK, the United Kingdom’s largest awarding body offering academic and vocational qualifications and testing in schools, colleges and other institutions of learning and elsewhere.
Recent sponsorship deals between Guyana’s newest theatre company M’ori J’Von and two private sector entities will enable more Guyanese across the country to have access to indigenous theatre, Director Ron Morrison told Stabroek Business earlier this week.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 361’s trading results showed consideration of $4,104,028 from 363,125 shares traded in 16 transactions as compared to session 360 which showed consideration of $792,983 from 68,857 shares traded in 9 transactions.
A look at the positive changes which the new Guyana/Suriname fibre optic telecommunications cable system can bring to Guyana Suriname and Guyana, two of the few remaining countries in the hemisphere with limited international telecommunications access to the rest of the world stand on the threshold of entry into a brave new world of ultra-modern communication with the advent of the new Suriname/Guyana Submarine Cable System (SCSGS).
– miners group gears for testing road ahead Guyana’s gold mining sector approaches the end of its second quarter of 2010 confident of its capacity to surpass its overall 2009 production yield of 311,000 ounces, but decidedly wary about its long-term future.
Business Editorial The 2008/9 Annual Report of the University of the West Indies St Augustine Campus reflects the disposition of an institution that is acutely aware of its responsibility to do much more than tutor and turn out accomplished academics.
By Jacquelyn Hamer Jacquelyn Hamer is a retired Guyanese diplomat and a Director of the skills training organization Visions of Excellence.
By Rawle Lucas Swing The market for commodities is a well-known one, figuring into global politics every day.
In week one of June, the Lucas Stock Index (LSI) rose by one-tenth of one percent.
– generating revenue through public/private sector consultancies Caribbean universities can no longer afford to ignore their role in supporting the practical developmental pursuits of the societies they serve and this is reflected in the increasing focus of University of the West Indies’ St Augustine campus on expanding its relationships with Trinidad and Tobago’s private sector by embracing research pursuits that are relevant to and “aligned with national and regional industry needs,” its principal Professor Clement Sankat said.
– Commerce Ministry mum Local scrap metal dealers who are members of the Guyana Scrap Metal Dealers Association (GSMDA) are asking the Ministry of Tourism, Industry and Com-merce to properly account for a sum “in the region of US$1 million reportedly paid to it over a period of time to finance a monitoring unit to inspect scrap metal prior to export.
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