Business

-World Bank Global Economic Prospects report Even as some Caribbean governments and business sectors continue to make optimistic noises arising out of indications of a turnaround in the global economy a new World Bank report has forecast a more prolonged negative impact on economies of the region that could persist for up to another decade.

Boutique proprietor John Lewis tells Stabroek Business that the multi-million-dollar fashion industry is far more important to shaping the national psyche than we might imagine.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 341’s trading results showed consideration of $2,958,885 from 128,074 shares traded in 18 transactions as compared to session 340 which showed consideration of $1,349,966 from 47,237 shares traded in 11 transactions. 

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

Keith Burrowes, Chairman of the 2009 Commission of Enquiry into the operations of the Mayor and City Council has told Stabroek Business that he is currently working with the Council on exercises to correct irregularities in the current regime of rate payments which he believes could significantly increase the municipality’s revenue base.

Although the days are long gone when considerations of gender served to restrict access by women to a number of professions, you would think it unlikely that a major international hotel and entertainment chain would recruit a woman to design a chain of casinos stretching from Eastern Europe to the Caribbean.

International donor agencies exist to provide developing countries with various forms of mostly project-based human and technical support aimed at taking or supporting initiatives which, in one way or another, contributes to the enhancement of national life in the receiving countries.

By Jacquelyn Hamer High levels of unemployment in the formal economy and the necessity among low-income earners to pursue means through which to subsidize their incomes render it increasingly necessarily for Guyanese to pursue self-employment options.

Both Scotiabank Guyana and the Guyana Telephone and Telegraph Company (GT&T) have confirmed that the local telephone service provider is moving to remedy the problems that have plagued the bank’s telephone system at its Carmichael street head office for a protracted period.

May forum on sustainable tourism holds particular significance for GuyanaBuoyed by the recent pronouncement by the World Tourism Organization (WTO) that international tourism could be on track for a rebound following “an exceptionally challenging 2009”  Caribbean officials have finally broken their silence on the industry and are ‘talking  up’ the regional  tourism product. 

As the Organization for Economic Cooperation and Development (OECD) continues its increasingly relentless crackdown on tax evasion through the holding of bank accounts in foreign countries Grenada and Belize could be in imminent danger of attracting tough sanctions from North America and Europe.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 340’s trading results showed consideration of $1,349,966 from 47,237 shares traded in 11 transactions as compared to session 339 which showed consideration of $2,593,895 from 82,310 shares traded in 12 transactions. 

Yigit Oktenoglu, the Turkish Casino Director politely declines to pronounce on an opening date for Guyana’s first ever casino.

Says objection to Forestry Commission role in granting mining approvals `non negotiable’ Impending new state regulations requiring miners to provide the Guyana Geology and Mines Commission (GGMC) with a six-month notice of the areas they intend to mine and for which approval would be subject to recommendations made by the Guyana Forestry Commission (GFC) could create chaos in the country’s mining industry according to Executive Director of the Guyana Gold and Diamond Miners Association (GGDMA) Edward Shields.

-source says more decisive gov’t role being sought Growing fears among major local private sector entities that employee  savings currently frozen in multi-million dollar pension schemes that were managed by the ill-fated regional investment and insurance giant CLICO may be inaccessible in the immediate future are likely to trigger more “pressure” from private sector umbrella bodies for a hastening of the legal procedures towards the winding up of the company.

Aggrieved security guards seeking to bring one or another complaint against their employer to public attention have frequently sought to engage this newspaper.

Even as Guyana prepares for the opening of its first ever casino, controversy is raging elsewhere in the Caribbean over whether casino gambling should be wholeheartedly embraced as part of the regional entertainment industry.

Final Installment By Jackie This is my final article in what has been a lengthy series on Customer Service.