Business

Guyana has been named as one of several countries in South America, the Middle East and Africa targeted for significant growth in offshore oil and gas exploration spending this year, according to the French oilfield services company Schlumberger Limited (SLB), believed to be both the world’s largest offshore drilling company and the world’s largest offshore drilling contractor by revenue.

In a world that often thrives off the glorification of the superficial, the example of a Grove/Diamond Primary School teacher may not at all be an inappropriate one to follow.

The focus on fashion as a feature of contemporary entrepreneurial choices in Guyana is, arguably, the most pronounced propensity in the realm of business in contemporary Guyana.

Local Fashion Designer, Junette Stuart, believes that Guyana’s new oil and gas-driven economy can provide a ‘leg up’ for various other long – suppressed entrepreneurial pursuits that are now being afforded that opportunity and to which, before oil and gas, would have had a lesser chance of attracting serious entrepreneurial openings in the local fashion sector, for example, to which she has dedicated a considerable part of her own adult life.

Linkages between weather extremes like heavy rainfall, including tropical storms, cyclones, flooding, drought, and climate variability, which are characteristic of weather patterns in the Caribbean, continue to be significant drivers of food insecurity, according to the most recent forecast issued by the International Research Institute for Climate and Society (IRICS).

Nation News – Barbados Article by Carol Martindale  That is how Prime Minister Mia Amor Mottley described the Summit for a New Global Financing Pact which started this morning in Paris.

A bilateral meeting in the Surinamese capital, Paramaribo, between Suriname’s Minister of Foreign Affairs, International Business and International Cooperation, Albert Ramdin, and Trinidad and Tobago Energy Minister, Stuart Young would appear to be pointing in the direction of an eventual tri-lateral ‘sit down’ involving Port of Spain, Paramaribo and George-town on issues linked to regional energy security.

Successive political administrations here in Guyana have, as part of a long ingrained governance culture, embraced a propensity to exaggerate and, not infrequently, to mislead their domestic audience.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1024’s trading results showed consideration of $27,753,789 from 144,444 shares traded in 36 transactions as compared to session 1023’s trading results, which showed consideration $12,072,643 from 49,254 shares traded in 28 transactions.

More than two years ago an article published in another section on the local print media announced, in the wake of the signing of an agreement between Amaya, the Guyana Office for Investment (Go-Invest) and the Ministry of Agriculture, that yet another undertaking was underway towards the creation of a viable dairy industry in Guyana.

It is almost certainly not by accident that the realization of Guyana’s protracted ‘oil and gas’ dream would appear to be coinciding with the emergence of an entrepreneurial spirit that is beginning to infect increasing numbers of young Guyanese, causing them, in many instances to shift career choices and to begin to take their minds down pathways that, hitherto, may well never have previously crossed their minds.

A recent report by the Inter-American Development Bank, (IDB), has shed light on a critical issue faced by Caribbean businesses – the need to improve productivity and embrace technology to drive growth and competitiveness.

Go Blue Consulting, a Caribbean-based training and consulting company, is collaborating with American Leadership Trainer Stedman Graham to stage an Identity Leadership Masterclass and Business Mixer on Wednesday June 21 at the Guyana Marriott Hotel in Georgetown.

Even as member countries of the Caribbean Community (CARICOM) seeks to find their way out of what international agencies have said are food security challenges, Barbados Prime Minister Mia Amor Mottley whose country is at the centre of the search for solutions to the problem, she appears adamant that the people of the region should, nonetheless be mindful of the nutritional and health considerations associated with what they eat.

Trinidad and Tobago Energy Minister Stuart Young earlier this month used his address to the Caribbean Sustainable Energy Conference in Port of Spain to assert that securing funding for the smaller countries in the Caribbean to pursue renewable energy undertakings is a consideration that ought to be brought further to the forefront of the wider regional agenda.

In a period when Guyana’s export value leapt by 89.5% compared to 24.3%  for the comparable period last year, the remainder of much of the rest of Latin America and the Caribbean fared comparatively badly, according to a new study recently released by the Inter -American Development.

Seemingly focused on utilizing its role during its trade and investment visit to West Africa, of utilizing its trade and investment promotion credentials to accelerate the economic transformation of the region, Caribbean Export has communicated to the Stabroek Business the successful signing of three (3) Memoranda of Understandings between the region and Ghana, in the course of its ongoing Caribbean/West Africa Trade Mission aimed at “fostering collaboration and exploring trade opportunities between the West African country and the Caribbean.”