Business

Laparkan Financial Services Ltd (LPSL) has reported a significant net reduction in after–tax profits for the financial year 2009/2010.

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

Yog Mahadeo is still two months away from stepping into the shoes of Chief Executive Officer of the Guyana Telephone and Telegraph Company (GT&T).

The Caribbean Development Bank (CDB) is celebrating its 40th anniversary basking in the glow region-wide acclaim.

The Caribbean Development Bank (CDB) marks the fortieth anniversary of its establishment this month basking in the glow of fulsome praise from both its borrowing and non-borrowing member countries and now adequately resourced to implement the support programmes that will be invaluable in helping the region recover from the ravages of a debilitating global financial and economic crisis.

Control About a year ago, a report on an ambitious “green jobs” programme, which is supported by the Spanish government, was released by the Universidad Rey Juan Carlos. 

Jacquelyn Hamer is a retired Guyanese diplomat and a Director of the skills training organization Visions of Excellence.

– prices up by more than 75 per cent Farmers in the country’s coconut industry are currently benefiting from significantly increased prices, resulting from the availability of more lucrative markets in some Caribbean territories, according to New Guyana Marketing Corporation General Manager Nizam Hassan.

– to reduce in-transit spoilage of farm perishables Farmers across the country utilizing the support services provided by the New Guyana Marketing Corporation (New GMC) will benefit from a recent $66 million investment in additional cold storage capacity designed to reduce the levels of spoilage of perishable agricultural produce in transit.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 357’s trading results showed consideration of $2,092,623 from 213,000 shares traded in 8 transactions as compared to session 356 which showed consideration of $1,836,920 from 191,958 shares traded in 5 transactions. 

Agriculture Minister Robert Persaud says his ministry is seeking to orient the national agricultural diversification strategy towards improving the living conditions of poor rural households, focusing on the empowerment of women, particularly rural women seeking to create sustainable livelihoods for themselves and their families.

The newly elected Tory-Liberal administration in the United Kingdom has won plaudits from the regional tourism sector for its dropping of the controversial Air Passenger Duty (APD)  on individual airline tickets to the Caribbean in favour of a new “per plane” levy.

In October 2008 the Georgetown Chamber of Commerce and Industry (GCCI) undertook a review of its Code of Conduct which sets out the general principles and guidelines to which its members ought correctly to commit themselves as good corporate citizens.

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

By Jacquie Hamer Thumbing through the Georgetown Chamber of Commerce and Industry’s (GCCI) 2009 Annual Report recently I was surprised to learn that the organisation is now more than 120 years old and that its recently elected President, Komal Ramnauth, is the 46th person to have served in that position.

The manufacturing and export sectors in fifteen Caribbean countries are expected to benefit from a US$32.5 million Inter American Development Bank (IDB) project which targets the growth of the non-traditional export sectors in the region.

SAN JUAN, Puerto Rico (Reuters) — Pharmaceutical giant Pfizer Inc’s decision to eliminate 6,000 jobs at plants in Puerto Rico and elsewhere is a poorly-timed setback for a Caribbean island economy in its fourth year of recession.

By Denholm Barnetson MADRID, Spain (AFP) — The European Union and countries of Latin America and the Caribbean pledged to “avoid protectionism in all its forms”, as the bloc announced free trade deals with the region at a summit.