Business

An award-winning Profes-sor of Marketing from the United States is scheduled to visit Guyana next week to conduct seminars in Linden and Georgetown designed to assist the local private sector in developing workable strategies to support the marketing of their goods and services.

Protecting legitimate exports from the taint of drug trafficking As if the already existing challenges associated with external market access for locally produced goods had not already impacted significantly on export earnings and, in at least one case, forced the closure of operations by at least one company, we are now confronted with the  additional, self-imposed impediment  to accessing markets in the United States that has to do with the proliferation of drug trafficking through concealment in  various known and legitimate exports including pepper sauce, fish, vegetables and some wood products.

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

Action committee charges absence of democracy in Rice Producers Association Chief Executive Officer of the Alesie Group of Companies, Turhane Doerga  is taking the government to task over  what he says is the undemocratic manner in which the local rice industry is being administered and has told Stabroek Business that the “dictatorial manner” in which the industry is managed  could seriously  compromise its  future at a time when rice is being cited by the Food and Agriculture Organization (FAO) as a critical commodity in the global response to an impending international food crisis.

-Brazil, Venezuela targeted Finding extra money to splurge on a keepsake, it seems is more difficult for visiting Guyanese, as the craft sector is reporting declining revenues from its main support base.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 304’s trading results showed consideration of $7,455,930 from 645,821 shares traded in 10 transactions as compared to session 303 which showed consideration of $136,717 from 12,777 shares traded in 5 transactions. 

Dear Editor We refer to the May 8th editorial under the headline `Putting more pressure on the private sector to pay up employee NIS contributions’ in which you stated quote “Moreover, the records indicate that the delinquents include many prominent businesses, including banks.”

Roti, pholouri mix already in Canada, US On the eve of the commemoration of the fortieth anniversary of its operations, the National Milling Company is seeking to break new ground by moving to secure markets for its flour and flour-based products in overseas markets.

The closure of the operations of Omai Gold Mines Ltd and the retrenchment of workers by the Aroaima Mining Company (AMC) have  significantly worsened the economic outlook for Linden in recent years, according to Chairman of the municipality’s Interim Management Committee Orrin Gordon.

To its considerable credit CGX has done much to keep hope alive as far as Guyana’s prospects for a commercially viable oil find are concerned. 

Impasse The list of transgressions is short but appears to be impervious. 

…in 40th anniversary year Higher standards of customer service, timely responses to market demand and price competitiveness are among the critical tools being employed by the National Milling Company (NAMILCO) to enhance the company’s profitability in an environment of competition according to its Chief Executive Officer Bert Sukhai.

The lack of awareness in the part if fisherfolk in the Caribbean regarding the possible impact of climate change on the viability of the sector is moving to the forefront of the intra-regional debate on the future of the industry.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 303’s trading results showed consideration of $136,717 from 12,777 shares traded in 5 transactions as compared to session 302 which showed consideration of $1,966,551 from 47,800 shares traded in 12 transactions. 

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

A call by President of the manufacturers association, Ramesh Dookhoo for measures to be put in place to remove the difficulties faced by legitimate exporters to the United States in the wake of the use of agricultural commodities to smuggle drugs has been strongly backed by the heads of two other leading private sector bodies.

Says new NIS/Labour Ministry memo does not tackle the Scheme’s `real problem’ Officials of the National Insurance Scheme (NIS) are concerned that the new Memoran-dum of Cooperation (MOC) between the Scheme and the Ministry of Labour which allows officers attached to the two agencies to inspect each other’s records for transgression of labour and national insurance regulations could create problems for the Scheme without doing much to resolve its real difficulties.

At the risk of sounding like a stuck record, this newspaper is returning once again to the delinquency of employers in the private sector insofar as the payment of their employees’ National Insurance Scheme (NIS) contributions is concerned.