Business

Mark Linehan
Mark Linehan

GT&T monopoly

Liberalization talks have gone on for long enough! The absence of liberalization in the Guyana telecommunications sector continues to stifle economic growth and put national security at risk according to outgoing Digicel (Guyana) Chief Executive Officer Mark Linehan.

Understanding the U.S. housing meltdown

By Karen Abrams More than 700,000 Americans lost their homes to foreclosure in 2006, around 1,300,000 in 2007 and a projection of 2,000,000 in 2008 as 400,000 adjustable rate mortgages are scheduled to rise to higher interest rates each quarter in 2008.

Gerry Gouveia

Civil aviation says witnesses to Delta incident not coming forward

Roraima ground handling staff willing to talk with GCAA – Gouveia The Guyana Civil Aviation Authority (GCAA) is continuing its investigation into the July incident in which a passenger on a Delta Airlines flight to Georgetown activated the aircraft’s emergency landing chute to exit though GCAA Director Zulficar Mohamed told Stabroek Business earlier this week that the pace of the investigation is being hampered as a result of difficulties associated with getting witnesses to the incident to come forward.

Regional food security plan will not take shape overnight

A few days ago Stabroek Business interviewed the Country Representative of the Inter-American Insti-tute for Cooperation on Agriculture (IICA) Ignatius Jean about the work of IICA in Guyana and about the role of the organization in supporting the current regional response to the global food crisis.

The advent of the Delta service has done nothing to ease travel headaches.

Record US-Guyana air fares, limited

Govt urged to speed charter applications to push prices down Record high air fares between the United States and Guyana and too few seats to meet travel demands could have a serious negative impact on visitor arrivals here and on Guyana’s economy if urgent steps are not taken to attract more services to the route and bring fares  down according to Fort Lauderdale-based Guyanese Travel Consultant Hazeline Bostwick-Abrams.

IAST seeking to become more relevant to local private sector

Science and tech advisory board to be set up An Industry Advisory Board designed to provide advice and practical support for the science and technology needs of the local private sector could be established by September this year according to Director of the Institute of Applied Science and Technology (IAST) Dr.

Stock market updates

GASCI (www.gasci. com/telephone Nº 223-6175/6) reports that session 260’s trading results showed consideration of $871,630 from 15,863 shares traded in 4 transactions as compared to session 259 which showed consideration of $4,613,276 from 279,010 shares traded in 25 transactions. 

Stock Market updates

GASCI Summary of Financials    Session 260 July 14, 2008 Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Installation of pipe fittings under the ongoing water supply upgrading project

Major urban water supply project taking shape

Upgrading of treatment facilities to follow $1.2B infrastructure boost Residents of large areas of south and north Georgetown can anticipate major   improvements in water quality early next year to add to a more than $1.2B investment in water delivery infrastructure completed in those areas last year, according to Guyana Water Inc (GWI) Chief Executive Officer Karan Singh. 

Through the roof: Chicken prices set to rise again

As imported feed cost continues to rise…

Another chicken price hike looms As the price of imported feed continues to spiral on the back of rising oil prices, another increase in the price of chicken is on the horizon according to Managing Director of Bounty Farms Ltd, Peter deGroot.

A capital in chaos

Slowly, imperceptibly, we have lost control of downtown Georgetown to the chaos and confusion that constitutes commercial life.

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