Business

 GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 356’s trading results showed consideration of $1,836,920 from 191,958 shares traded in 5 transactions as compared to session 355 which showed consideration of $222,758 from 16,030 shares traded in 4 transactions. 

– ministry First Quarter 2010 sector update Even as Guyana seeks to position its agricultural sector to respond to what is widely believed to be an impending global food crisis, there is increasing awareness of the challenges ahead for the sector as global concern mounts over climate change and its likely diverse impacts on food production.

Chairman of the Commission of Enquiry into the operations of the Georgetown Mayor and City Council (M&CC) Keith Burrowes has told the Stabroek Business that while it is desirable that businesses honour their legal obligation to pay rates and taxes to the municipality, the argument regarding the commensurate responsibility of M&CC in the discharge of its services is also entirely valid.

Business Editorial Finance Minister Dr Ashni Singh has every right to be concerned over instances in which unfavour-able images of Guyana are propagated overseas and their impact on how Guyana may be perceived among important audiences, including, of course, foreign investors.

Established in 1988, the year designated by the Caribbean Community (Caricom) as the year of small business, the Guyana Small Business Association (GSBA) celebrates the 22nd year of its existence in a condition of uncertainty regarding its place in the constellation of local entities that lay claim to the promotion of the interests of the small business sector.

– Asia/Pacific remains Guyana’s biggest market Guyana recorded a 44.1 per cent increase in the value of timber exports during the first quarter of 2010 when compared with the corresponding period last year, according to the Ministry of Agriculture’s January – March commodity market update.

A local wireless communications security service provider is seeking to partner with public and private sector agencies to help enhance capacity for asset protection and timely response to potential security compromises that threaten valuable property by infusing an enhanced level of wireless technology into property protection measures.

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

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 355’s trading results showed consideration of $222,758 from 16,030 shares traded in 4 transactions as compared to session 354 which showed consideration of $16,862,673 from 1,713,010 shares traded in 20 transactions. 

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

Says commodity exporters likely to recover quicker Post-crisis economic recovery in Latin America and the Caribbean is likely to occur at a faster rate in commodity exporting countries, according to the International Monetary Fund’s most recent Regional Economic Outlook – Western Hemisphere – released earlier this week.

– stakeholders say Given what has transpired in the recent past scrap metal dealers may find government much more obdurate in any negotiations to remove last week’s ban on the trade announced by Prime Minister Samuel Hinds Last week’s announcement by Prime Minister Samuel Hinds that government was once again slapping a ban on the scrap metal trade is grim news for an industry that appears unable to extricate itself from periodic brushes with the authorities.

Business Editorial It has become commonplace for officialdom in Guyana to turn a blind eye – or at least to pay relatively less attention – to development issues that do a great deal of damage to our society and our country, while focusing much more on concerns which, while not undeserving of diligent attention, do less damage to our country as a whole.

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

– says move will enhance regional market access – keen on ratification of chamber code of conduct Newly elected President of the Georgetown Chamber of Commerce and Industry (GCCI) Komal Ramnauth has told Stabroek Business that the chamber will be seeking to continue earlier discourses with government on the creation of a duty-free zone in Berbice.

– heads discuss role for local hotels in staging art and craft expos Fresh from the signing of a new $7.5 million services support agreement with the Guyana Telephone and Telegraph Company (GT&T), President of the Tourism and Hospitality Association of Guyana (THAG) Paul Stephenson met Guyana Arts and Craft Producers Association President Tracy Douglas on Tuesday as part of an ongoing initiative to deepen collaboration.

Cuba eyes tourism investments, including from US HAVANA, Cuba (AFP) — Cuba approved a new property law aimed at attracting foreign investment in tourism projects like marinas and golf courses, including from the United States if Washington reverses its embargo on the island.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 354’s trading results showed consideration of $16,862,673 from 1,713,010 shares traded in 20 transactions as compared to session 353 which showed consideration of $24,092,916 from 330,698 shares traded in 15 transactions.