Business

Jamaican Agriculture Minister, Floyd Green
Jamaican Agriculture Minister, Floyd Green

Hurricane Beryl would almost certainly have endangered CARICOM’s 25×2025 projection

While in the immediate aftermath of Hurricane Beryl businesses in Jamaica that depended heavily on the agriculture sector for substantial amounts of both their local and external earnings are still focused on recovery, the country’s Agriculture Minister Floyd Green recently provided assurances that the sector is poised to make a speedy recovery, rather than have to enjoy a prolonged period of stagnation and/or decline.

Suriname Finance Minister Stanley Raghoebarsing.
Suriname Finance Minister Stanley Raghoebarsing.

Suriname’s oil ‘bonanza’ yields positive World Bank response

Not unmindful of Suriname’s likely emergence as a global oil giant in the not too distant future the World Bank has ‘opened its coffers’ to Guyana’s neighbour to the east that has seen the Bank Group’s Board of Directors endorse a new strategic partnership with the country that will last over the next four years and is reportedly focused on supporting the country’s long-term development vision.

FINANCE MINISTER: Colm Imbert
FINANCE MINISTER: Colm Imbert

Trinidad to divest 49% stake in CLICO

(Trinidad Express) The Government intends to sell its 49% shareholding in Colonial Life Insurance Company (CLICO), Minister of Finance Colm Imbert has announced, revealing that approximately TT$13 billion is still owed for the bailout of CL Financial.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Gold Prices

Kitco Market Data Gold Prices for the three day period ending Thursday October 3, 2024  

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1091s trading results showed consideration of $977,814 from 4,249 shares traded in 14 transactions as compared to session 1090’s trading results which showed consideration of $2,229,280 from 8,494 shares traded in 23 transactions.

Opaque A tinted vehicle window

As vehicle ‘tint’ thrives as a status symbol in Guyana, Barbados moves to tightens laws as a public security measure

While the ineffective application of the rules governing the tint laws for windscreens and windows of privately-owned motor vehicles in Guyana continues to be pervasive, the authorities in Barbados appears to have decided that the incidence of tints to vehicles to the extent that they may hinder the effective pursuits of law enforcement will be a ‘no no’.

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1090s trading results showed consideration of $2,229,280 from 8,494 shares traded in 23 transactions as compared to session 1089’s trading results which showed consideration of $6,813,616 from 11,673 shares traded in 32 transactions.

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