Business

Roraima Airways is awaiting final official approval before taking delivery of a new twin-engine passenger and cargo aircraft which Managing Director Captain Gerry Gouveia told Stabroek Business will significantly enhance the company’s local and regional air transport capabilities.

President of the Georgetown Chamber of Commerce Colonel (retd) Carl Morgan has told Stabroek Business that the business organisation expects that VAT could impact significantly on sales volumes during the festive season.

On Sunday, Venezuelans will vote in a national referendum on constitutional reform.

The Guyana National Bureau of Standards and the Food and Drugs Analyst Department are two of the country’s more important monitoring agencies and in recent years the critical importance of their respective roles have become increasingly apparent.

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Guyana continues to experience the single most vigorous marketing rivalry in the country’s commercial history as the Guyana Telephone and Telegraph Company (GT&T) and its rival cellular service provider, DIGICEL, continue their unrelenting rivalry for the ‘hearts and minds’ of the local cellular market.

As a first time laptop buyer, you may already have some experience on desktop computers.

The Guyana National Bureau of Standards (GNBS) is seeking to tighten its monitoring operations in an effort to ensure that seasonal imports, including toys and other goods associated with Christmas, are compliant with labeling requirements and safety standards, according to the Head of the Bureau’s Public Relations Department, Evadnie Benfield.

Business drivers are tied to public policies in many ways. We constantly talk about reviving our nation’s economy, why we have so little foreign investment and why there is still so much poverty in our nation while smaller nations around us seem to thrive.

If the Guyana Geology and Mines Commission (GGMC) succeeds in making a case against the miners charged with illegally mining and destroying roads between Mahdia and North Fork earlier this year, the penalty for the offence could include the confiscation of mining equipment already impounded by the Commission, according to Acting Commissioner William Woolford.

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

Republic Bank (Guyana) Limited has increased its after tax profits for the year ended September 30, 2007 by 11.22% from $1028.9M in 2006 to $1144.4M.

Bosia Minerals is to spend more than US$10m in gearing the company for what the company’s Personnel and Industrial Superintendent Peter Benny says is “a determined push” to significantly increase production next year.

TCL Guyana Inc., (TGI) a subsidiary of the TCL Group of Trinidad and Tobago, the leading supplier of cement in the region, is adopting a ‘wait-and-see’ position in relation to the Government of Guyana’s continued waiver of the 15 per cent Common External Tariff (CET) on cement imported from outside the region.

Earlier this week the Venezuelan Embassy in Georgetown issued a statement giving itself a huge pat on the back over the delivery by Caracas of 16,000 barrels of gasoline and diesel in response to an appeal by the Government of Guyana.

The Chinese company Bosia Minerals has disclosed that it is currently engaged in studies at Linden that will lead to the installation of an efficient dust collection system at the company’s Linden bauxite-mining operations.

I recently served as Chairman of the Guyana Fire Advisory Board and on many occasions issues and topics were debated and decisions made by members of the Board.

My week started on Sunday evening with a 9pm skype conference call with one of my vendors in China.

The Guyana Police Consumers Cooperative Society says it expects to exceed its 2006 sales turnover of $11m this year.

Several major projects by the Mahaica, Mahaicony, Abary Agricultural Development Authority (MMA/ADA) are planned for implementation during next year, some of which are part of Phase II of the MMA scheme, said General Manager of the MMA/ADA Aubrey Charles, the Government Information Agency (GINA) reported .