Business

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.

Five years after being  faced with the possibility of closure, Caribbean Container Inc.

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

Labour Ministry not equipped to implement regulations Weak enforcement mechanisms within the Occupational Safety and Health Department of the Ministry of Labour are largely to blame for the high number of workplace accidents that have occurred during the first quarter of this year, according to a senior private official.

Less than 30 per cent of business premises electronically covered Despite the increasing risk of criminal attacks against business premises “probably less than thirty per cent” of the major business houses in the city have invested in adequate security equipment,” according to General Manager of Starr Computers Rehman Majeed.

Probing GPL The Chief Executive Officer of the Guyana Power and Light Company (GPL) Bharrat Dindyal has publicly admitted that the company is besieged by a plethora of problems most of which are long-standing, some of which are chronic and many of which will not be surmounted in the near future.

Flagship outlet to be launched in Jamaica shortly Fashion designer and businessman Ron Morrison, Chief Executive Officer of the fashion design company Mori J’Von, is working to consolidate the local and regional market for apparel manufactured by the internationally renowned North Carolina-based company Hanes.

Minister of Agriculture Robert Persaud on Saturday met with Essequibo farmers at the Affiance Multi-Purpose Centre to inform them of steps being taken in the agriculture sector to cushion the effects of rising fuel costs and to maintain drainage systems in order to maximise production.

Excess liquidity continues to plague banking sector …Chief Executive Officer Chief Executive Officer of the Guyana Bank for Trade and Industry (GBTI) Radhakishore Sharma is upbeat about the immediate future of the Guyanese economy despite the impact of rising oil and food prices and a high inflation rate.

Government started a pre-feasibility study for the Linden/Lethem roadway earlier this month in keeping with its efforts to develop the Guyana/Brazil road linkage by upgrading the Linden/Lethem route.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 247’s trading results showed consideration of $2,390,727 from 242,666 shares traded in 5 transactions as compared to session 246 which showed consideration of $1,581,307 from 134,121 shares traded in 14 transactions. 

Executive Chairman advocates local development bank to further encourage entrepreneurshipExecutive Chairman of the Institute for Private Enterprise Development (IPED) Dr Leslie Chin has told Stabroek Business that there is need for the creation of a development bank in Guyana to help stimulate entrepreneurial growth here.