Business

Advent of Delta-Northwest could change Guyanese travel culture A United States-based Guyanese travel consultant has told Stabroek Business that the challenges confronting the international airline travel industry could have a significant negative impact on the movement of travellers between Guyana and the world’s major capitals, particularly the United States.

GASCI MArket Journal Session 250 April 21, 2008 (see graph)GASCI (www.gasci.com/

GASCI Summary of Financials Session 250 April 21, 2008 (see graph) Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

Moneygram aiming for expanded  rural, hinterland service The ongoing downturn in the United States economy is impacting on the inflow of foreign exchange remittances into Guyana, according to Deo Persaud, Chief Executive of Neal and Massy, holders of the local franchise for the remittance service Moneygram  International.

Contractor blames shifting deadlines on late delivery of materials, Customs clearance delays The deadline for   completing the construction of the new Robb and Camp streets branch of Republic Bank has been extended for the third time in three months and Stabroek Business understands that the protracted delay in the completion of the project has become a source of concern to bank officials.

Last Tuesday President Bharrat Jagdeo made a clinical pronouncement on graft and corruption.

By Peter R Ramsaroop Introduction I have travelled to many countries over the last month and had the opportunity to read many different newspapers. 

City Mall delicatessen aiming to brand its culinary offerings The three enterprising sisters whose culinary offerings have won the approval of scores of visitors to the City Mall, have decided to seek an even bigger clientele in downtown Georgetown.

Essequibo complex to be opened by mid year The Neal and Massy Group of Companies is currently evaluating the potential for a significant expansion of the range of services being offered in Guyana according to the company’s Chief Executive Officer Deo Persaud.

NM Security Solutions Inc, a subsidiary of the Neal and Massy Group of Companies, is to provide local commercial banks with a new range of service and security facilities including the replenishment of ATM machines.

The government will answer the Trinidad Cement Limited (TCL) at the Caribbean Court of Justice (CCJ), President Bharrat Jagdeo said on Tuesday, describing the company’s track record as one of profiteering.

The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis.

GASCI Market Journal GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 249’s trading results showed consideration of $790,191 from 46,473 shares traded in 15 transactions as compared to session 248 which showed consideration of $2,120,407 from 186,692 shares traded in 9 transactions.

Says VAT has skyrocketed consumer price index With continually rising fuel prices driving up the cost of production and impacting negatively on the cost of living, Guyana is paying insufficient attention to the need to reduce its dependency on hydro-carbon fuels and to seek to realize the benefits of renewable energy alternatives, according to Chairman of the Board of Directors of the Guyana Bank For Trade and Industry (GBTI) Robin Stoby.

Demand for old cartons can ease solid waste disposal headache The local paper and corrugated carton manufacturer Caribbean Container Inc.

Where business interests and environmental imperatives Amidst our preoccupation with joining the rest of the international community to help save our planet from what is now widely believed to be the potentially devastating consequences of global warming, are we neglecting small but valuable opportunities to contribute to the protection of the environment right here at home?

 (This column explores initiatives to improve the business climate of our nation and make Guyana Open for Business a reality.