Business

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

(graph) GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 251’s trading results showed consideration of $1,634,900 from 60,118 shares traded in 15 transactions as compared to session 250 which showed consideration of $1,012,339 from 43,334 shares traded in 8 transactions.

T&T mills seeking to bring local company down …Sukhai The National Milling Company (NAMILCO) could seek legal recourse through the Caribbean Court of Justice (CCJ) to halt what the company says is the ‘dumping’ of flour on the local market by two regional flour producers.

Company engaging government on price increases Guyanese consumers will shortly be facing their second increase in the price of locally produced flour this year and the new price increase is likely to have a further knock-on effect on the prices of bakery products and other flour-based commodities.

Stabroek Business has been reliably informed that the operations of some of the country’s large importers could come under scrutiny by the team set up to probe the recent allegations of fraud involving officials of the Customs and Trade Administra-tion and the local distribution company Fidelity.

If only because of the persistent charges of corruption that have been leveled against his administration, President Bharrat Jagdeo’s recent comments on the alleged Customs/Fidelity fraud – the pertinent details of which were set out in our editorial last Friday – are deserving of further, more thorough examination.

By Rawle Lucas Public’s right to know In keeping with the provisions of the Procurement Act of 2003, Guyana has started reporting information on contracts awarded to suppliers and contractors through the newly amended public procurement process.  

Can training make a difference? Corporate training is an effective tool in retaining the best talent and increasing the overall productivity of an organization.

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.