Business

By Keith Evelyn In order to enhance public understanding of national and global financial issues and institutions and the various ways in which they impact on society, Stabroek Business has asked Hand-in-Hand Group CEO Keith Evelyn to contribute a series of articles on these issues.

Says can help entire agri sector Georgetown Chamber of Commerce and Industry (GCCI) President Chandradat Chintamani is calling for the creation of a government-funded credit facility to break the logjam of long-outstanding payments by rice millers to paddy farmers and the consequential frustrations which the farmers face.

Rawle Lucas is a Guyanese-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 293’s trading results showed consideration of $39,996 from 3,333 shares traded in 1 transaction as compared to session 292 which showed consideration of $1,622,399 from 139,944 shares traded in 24 transactions. 

President of the Georgetown Chamber of Commerce and Industry (GCCI) Chandradat Chintamani has told Stabroek Business that the Chamber is concerned that the 2009 budget does nothing to increase consumer spending power.

Union wants answers Acting General Secretary of the Guyana Trades Union Congress, Norris Witter has told Stabroek Business that Tuesday’s announcement regarding the liquidation of CLICO (Bahamas) “raises entirely valid questions about the state of health of the CLICO (Guyana) operations” and demands that the local company now make a “full and detailed disclosure” regarding the state of its finances in order to allay the concerns of investors in the company.

Over the years there have been exhaustive discussions on the country’s failure to maximize its returns from the various raw materials including, particularly, timber, fruits and vegetables  on account of its lack of attention to the importance of adding value to those products  The truth is that setting aside a few notable exceptions – Precision Woodworking is perhaps one example that comes easiest to mind – neither the government nor the private sector has paid any really significant attention to adding value to the raw materials that we produce.

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

The Georgetown Chamber of Commerce and Industry (GCCI) and the United States Embassy in Georgetown are collaborating on an initiative aimed at building capacity among local cash crop farmers in order to maximize their overseas earning potential.

Stabroek Business has been reliably informed that several employees of the National Insurance Scheme (NIS) who were sent home in the wake of the alleged pension scam have signed documents agreeing to subject themselves to polygraph tests.

BARCELONA, (Reuters) – Everybody at this week’s  Mobile World Congress in Barcelona wanted to be the new best  friend of the social networks.

NEW DELHI, (Reuters) – A flagship government food  subsidy scheme is failing and millions in India remain hungry  despite years of economic boom, a U.N.

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

(Jamaica Gleaner) Minister of Agriculture Dr Christopher Tufton is going after middlemen in the agriculture trade who pay farmers very little.

SANTO DOMINGO,  (Reuters) – At least 14 people were  arrested in the Dominican Republic in a joint investigation by  local and U.S.

Branding phase over! We’ll be seeking more for sponsorship $$ Entertainment and other promoters seeking DIGICEL  funding  have been put on notice that the company will now be  demanding more than just undertakings regarding the promotion of its brand in exchange for sponsorship.

– Business School Director Director of The Business School, James Bovell has told Stabroek Business that too often local clients are favoring overseas consultants with lucrative contracts in circumstances where skills are available locally to undertake those contracts.

Arguably the most disconcerting dimensions to what are widely believed to be the serious economic challenges that lie ahead for Guyana are the imponderables that are linked to the current global economic crisis.