Business

Kitco Market Data Gold Prices for the three day period ending Thursday August 10, 2023

Last Saturday under the searing heat of the sun, the City was chock-a-block with shoppers and strollers, braving the heat to enjoy a city in which, up to this time at least, public chatter is less about climate change and more about taking a break from the challenges of what, all too frequently, can be demanding routines.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1031’s trading results showed consideration of $26,757,740 from 69,511 shares traded in 21 transactions as compared to session 1030’s trading results, which showed consideration of $30,190,860 from 92,957 shares traded in 21 transactions.

The Stabroek Business’ views on the ‘hands on,’ operating role which the state plays in entities set up for advancing the interests of the business sector are well-known.

A few things should be said, bluntly, about the now concluded Small Business Week.

The Stabroek Business’ own assessment of the prevailing conditions under which scores of micro and small businesses ply their trade in the country’s capital and its environs compels it to make the point that, over the years, official attitudes to ensuring that small businesses that ply their trade in the capital ought, first, to be provided with convivial trading spaces within which to ply their trade; those spaces, having been allocated, the feet of the occupants should be held firmly to the fire insofar as ensuring that those spaces are well-kept, free of the filth and the assorted encumbrances that are left behind at the end of the trading day.

A recent comment from Trinidad and Tobago’s (T&T) Prime Minister, Dr.

Rice feeds more than half the world – but we are about to enter a major shortage of this staple, putting food security and livelihoods at risk as prices rise.

Part One Stabroek Business: What was the thinking behind the National Small Business Week event?

On Micro, Small and Medium-sized Enterprises Day marked on 27 June, UNCTAD renewed calls for a level playing field to help tackle the challenges facing women and youth entrepreneurs in emerging markets.

Having already significantly paraded its credentials as a noteworthy regional asset, mostly through its highly publicized efforts to seek to forge closer business ties between Africa and the Caribbean, the Barbados-based Caribbean Export Agency (Caribbean Export) has made public an opening for Barbadian firms pursuing projects on the island to access what the August 1 issue of the Barbados Nation says are “millions of dollars” in investment funding for those projects.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1030’s trading results showed consideration of $30,190,860 from 92,957 shares traded in 21 transactions as compared to session 1029’s trading results, which showed consideration of $17,534,625 from 62,390 shares traded in 24 transactions.

It is not so much last Saturday’s signing of a ‘Declaration to foster social and economic development’ between the Georgetown Chamber of Commerce and Industry (GCCI) and the United Nations, as it is the actualization of the tenets of the Declaration that will help to provide a real assessment of the extent of the accomplishment of the Chamber-organized Small Business Week.

Emerging women-led enterprises in the micro and small business sectors have told the Stabroek Business that state-provided and/or subsidized spaces where small businesses can trade their respective trades without having to worry about the prevailing cost of vending spaces is a high priority in a business environment in which start-ups and small businesses still seeking to ‘find their feet’ can significantly reduce the costs associated with plying their trade.

With oil and gas related entrepreneurial opportunities having fixed world class business breakthroughs in the minds of the bigger players in the Guyana economy, the recent announcement by the Georgetown Chamber of Commerce and Industry (GCCI) of its week-long Small Business Week, commencing on Saturday May 29th serves as a timely reminder to the local business community that lucrative entrepreneurial pursuits do not stop at oil and directly oil-related sectors.