Business

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 360’s trading results showed consideration of $792,983 from 68,857 shares traded in 9 transactions as compared to session 359 which showed consideration of $959,830 from 77,450 shares traded in 9 transactions. 

The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.
The New Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Prices at the Market

(Prepared by the Guyana marketing Corporation and published by Stabroek News Business as a public service)

Down: Rum production dipped in 2009
Down: Rum production dipped in 2009

Rum production down, Frostee Pop and cereal production soar

Production statistics for locally manufactured products published by the Bureau of Statics and included in the Private Sector Commission’s (PSC) 2009 ‘Review of the Guyana Economy’ reflect a marginally better performance in the edible goods sub-sector, but a significant decrease in volume in some of the country’s better known commodities between 2008 and 2009 and only a marginal increase in some other well-known products.

A culture of politicking that leads City Hall nowhere

The sense of contempt and disregard which large sections of the citizenry usually express in response to any reference whatsoever to the Georgetown City Council reflects that feeling of total and complete frustration over its abject failure to come even remotely close to delivering to the capital those services which it is mandated to do.

A section of the business district at the Mackenzie waterfront  (Nicosia Smith photo)

‘Linden feelin’ the squeeze’

An investor laments the decline of the Linden economy as Nicosia Smith takes the pulse of a depressed communityStakeholders agree that the debilitated Linden economy is in dire need of a significant infusion of investment.

Jamaica banking on swift tourism rebound from recent violence

Jamaica is counting the economic cost of the damage done to its already vulnerable economy, not least its crucial tourism sector, following several days of intense violence linked to efforts by the government to comply with a request by the United States government for the extradition of alleged drug kingpin Christopher “Dudus” Coke.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 359’s trading results showed consideration of $959,830 from 77,450 shares traded in 9 transactions as compared to session 358 which showed consideration of $4,897,893 from 344,824 shares traded in 17 transactions. 

State intervention in times of difficulty cannot sustain the region’s agricultural sector.

Agriculture insurance symposium for Antigua

– outcomes could shape private investment in regional food production Regional and international organisations responsible for development aid, the promotion of agriculture and disaster emergency management will partner with Caribbean public and private sector agencies, insurance companies, bankers and other stakeholders at a four-day symposium on agriculture insurance at the Jolly Beach Resort in Antigua from June 16 – 19.

Chandradat Chintamani

Private Sector Commission announces raft of measures to enhance its impact on business development this year

More efficient legal framework, tax reform, streamlining of commercial court, financing for small business development listed as high priorities The creation of a more efficient legal framework better equipped to facilitate the expansion of the private sector and the acceleration of foreign private investment, the provision of enhanced access to funding for small business development, the realization of an enhanced regime of consumer protection and the realization of tax reforms are among the strategic initiatives targeted by the newly elected Executive Management Committee of the Private Sector Commission (PSC) for 2010.

Not a moment too soon

Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice-President of the Lending Services Division.

Global Technology’s administrative team: At extreme left is Chief Executive Officer Ramesh Latchanna

Global Technology gearing Guyanese for IT age

– new centre likely to be opened in Berbice Just over 12 years after opening its doors to students interested in entering the world of information technology, Global Technology Inc is anticipating the incremental advancements in the field opening up opportunities that allow for the significant expansion of the services that it offers.

Restoring stolen overhead cable

Metal thieves still targeting GT&T copper cable – security chief

– six cases of theft recorded in south Georgetown since April Metal thieves continue to target the critical insulated copper cable used by the Guyana Telephone and Telegraph Company (GT&T) to provide its landline telephone service and the company’s Security Manager Edgar Blackman told Stabroek Business earlier this week that the recent spate of thefts has targeted the company’s installations in a section of south Georgetown where several scrap metal dealerships are located.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 358’s trading results showed consideration of $4,897,893 from 344,824 shares traded in 17 transactions as compared to session 357 which showed consideration of $2,092,623 from 213,000 shares traded in 8 transactions. 

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