Business

Whether the Georgetown City Council has simply been ‘worn down’ by the sheer persistence of street vendors or whether the Council has decided to embrace the spirit of Christmas and grant the vendors a seasonal ‘amnesty,’ street and pavement vending has returned to the capital with a vengeance.

Work could commence shortly on the renovation of a city building earmarked to accommodate a new multi million dollar pizza outlet which is to be established at a cost of between $60m and $90m.The

With less than two weeks remaining before Christmas the perennial army of street vendors seeking to ‘cash in’ on the seasonal demand has ignored the tough line taken by the city police for more than a year now and have returned to the streets in force.

Kiva.org is one of the most exciting online discoveries I’ve made within the past year.

Guyana’s newest business consultancy enterprise says it can offer the local business community any of the services that it can secure from abroad at rates well below those being charged by international business consultancies.

For most businesses seeing this title, they would most likely say it doesn’t apply.

Caribbean Community (CARICOM) Secretary General has told members of the Georgetown Chamber of Commerce and Industry (GCCI) that the strengthening of the regional equity market is critical to the realization of a vital element of the Caricom Single Market – the free movement of capital among member states of the Community.

At home the astute businessman gets ready to leave for the store.

The outlook for Latin America and the Caribbean region remains robust but external shocks especially from the United States due to financial turbulence there could impact remittances in 2008.

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

Users of the Federal Express (FEDEX) service in Guyana are now benefiting from a significantly improved quality of service as a result of a collaborative effort involving two Guyanese companies.

One week after the belated November 29th announcement of government’s legislatively mandated review of the budget for the first half of 2007, the response of the private sector has been one of mostly studied reluctance to comment on the pronouncements made by the Minister.

The Roraima Group of Companies is to establish a new boutique hotel at Timehri as part of what the Company’s Managing Director Captain Gerry Gouveia says is a move “to further commit Roraima to Guyana’s travel and tourism industry.”

Howard University Professor Dr John Trimble said Guyana needs to invest in appropriate technology as poor nations can benefit by using alternative home technologies.

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Towards the end of 2006 as public debate raged over the imminent implementation of the Value Added Tax President Jagdeo declared that government would be seeking toke measures to cushion any ensuing rise in the cost if living particularly in terms of its impact on the economically disadvantaged section of the population.

Whenever I attend a Guyana event in the United States, I’m always struck by the sameness of my experience.

A senior government official has said that Guyana will be seeking to have the local craft industry play a major role in the 2008 Caribbean Festival of Arts (Carifesta) which will be held here in August but a local craft producer who has participated in two previous CARIFESTA events in Trinidad and Tobago and Suriname has told Stabroek Business that this goal cannot be realized unless both the government and private sector lending institutions contribute meaningfully to the craft sector’s preparations for Carifesta.

Guyanese consumers are being offered an additional electronic shopping option with the recent introduction of a new e-shopping service – the Trinidad and Tobago-owned e-zone shopping facility here.

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