Business

The United States Embassy in Georgetown is collaborating with the local private sector and the New York-based Guyanese and American Business and Professionals Council (GABPC) to seek to create more opportunities for commercial and investment cooperation between businessmen in Guyana and the United States.

Says too much foot-dragging on necessary repairs Clerk of Markets Schulder Griffith has told Stabroek Business that he is concerned that tardiness in effecting critical repairs to the Bourda Market could result in the dangerous deterioration of the facility.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 302’s trading results showed consideration of $1,966,551 from 47,800 shares traded in 12 transactions as compared to session 301 which showed consideration of $168,064 from 4,448 shares traded in 3 transactions. 

-Advisory Council Chairman ‘Persons are being injured, maimed and killed in the workplace and and not enough is being done to penalize employers’ Cost-cutting measures by businesses designed to respond to reduced profits arising out of the current economic downturn could result in the removal of vital safety and health  mechanisms designed to ensure the safety and health of workers, according to Chairman of the National Advisory Council on Occupational Safety and Health (NACOSH) Dale Beresford.

Head of Security at the Guyana Telephone and Telegraph Company (GT&T) Edgar Blackman has told Stabroek Business that the significant reduction in the incidence of vandalizing of the company’s installations by copper thieves is probably due to the measures put in place by government to monitor the operations of local scrap metal dealers more closely.

…but government must do more to attract, keep investors General Secretary of the Caribbean Congress of Labour (CCL) Lincoln Lewis has said that he believes that the Jagdeo Initiative that seeks to centre regional food security around Guyana’s agricultural potential is deserving of the attention of the rest of the region given the circumstances in which the Caribbean finds itself.

After the revelations of the Customs/Fidelity fraud the Guyana Revenue Authority has been seeking to send signals to the public that it is keen to close some of the loopholes that have given rise to widespread accusations of various corruption-related scams within the Authority.

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

By Andre Griffith Several weeks ago, I had an interesting encounter with the Chief Financial Officer of GT&T Mr.

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

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 301’s trading results showed consideration of $168,064 from 4,448 shares traded in 3 transactions as compared to session 300 which showed consideration of $469,394 from 39,454 shares traded in 5 transactions. 

but impending rains could spoil the party For several weeks now urban consumers have been taking advantage of significant reductions in the prices of a range of fish in the city’s municipal markets while vendors have told Stabroek Business that exporters for retail outlets in some Caribbean territories have also been cashing in on this unexpected windfall.

Private sector forum talks must be taken to ‘different level’ – Chintamani President of the Georgetown Chamber of Commerce and Industry (GCCI) Chandradat Chintamani has told Stabroek Business that the private sector forum that formed part of the recently concluded Fifth Summit of the Americas in Port-of-Spain can lay the foundation for enhanced United States private sector investment in the region if the interaction that took place at the summit is taken beyond mere discourse.

Agriculture: Seizing the moment, grasping the opportunity This newspaper has already commented on what it believes to be the enhanced significance of Guyana’s agricultural sector as a critical element in the national response to the impact of the global economic crisis.

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

International tourism body says sector will bounce back Unfolding evidence of a steady decline in the regional tourism sector is symptomatic of a broader negative impact of the global economic downturn on both mature and emerging tourism industries that will persist in the short to medium term, according to a monitoring body set up recently by the UN World Tourism Organization (UNWTO).

By Nicosia Smith Steps to economic recovery taken over the past few years have fallen back as Linden slides once more into a depression.