Business

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 993’s trading results showed consideration of $27,609,835 from 81,104 shares traded in 35 transactions as compared to session 992’s trading results, which showed consideration of $18,738,581 from 76,653 shares traded in 16 transactions.

The private sector, preparedness and positive outcomes

President Irfaan Ali’s recent reported calls to the local private sector to capitalise on the “opportunities facilitated by the Government of Guyana” (and arising out of the outcomes of the Georgetown Chamber of Commerce and Industry’s (GCCI) recent Business Development forum) is sound advice though what he had to say about the private sector’s seeming lack of readiness to properly engage visiting Saudi and South Korean business delegations (that the local private sector had no specific business proposals to present to either delegation) is scarcely believable.

Kitco Market Data

Gold Prices for the three day period ending Thursday November 17, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Business Comment

Having announced recently that its Third Business Development Forum was due to commence today, Friday, November 11, the Georgetown Chamber of Commerce and Industry President, Timothy Tucker, declared that of late, the Chamber has been focussed on access to capital and the securing of (presumably lucrative) joint venture partnerships, altogether sound and legitimate preoccupations that are a corollary to the wider mission of it taking advantage of the entrepreneurial openings that have been created by the opportunities that have been opened up in a Guyana economy that is in a condition of accelerated transformation and ensuring that its members benefit from those opportunities.

Brazil pockets US$9 billion in oil earnings for last quarter

Political uncertainties associated with Brazil’s now concluded general elections that brought an end to the presidency of Jair Bolsonaro did not prevent South America’s largest oil company, Brazil’s Petrobras, from racking up net profits totalling US$9 billion dollars, over the most recent quarter, though that return was down from the previous quarter while reflecting a 48 per cent improvement over the same period last year.

St. Lucia’s geothermal energy potential for probe

As higher global oil prices continue to worsen the economic woes of Caribbean Community (CARICOM) member countries, a disclosure has been made to the effect that the World Bank will be partnering with the United Kingdom and Canada in pursuit of a geothermal operation in the island territory of St.

Fidel Castro

Former Latin American leaders want US to change Cuba policy

The recent intervention by eighteen former Latin American and Caribbean leaders seeking Washington’s removal of an economic blockade against Cuba that has been in force for more than half a century, reflects what is still an enduring region-wide mindfulness that Cuba deserves better, having once been the socio-economic ‘live wire’ of the region prior to the revolution that swept the Castro regime into power.

Sealing the gaping cracks in the region’s commitment to food security

With the past year particularly, having presented the Caribbean with irrefutable evidence that its food security credentials are nowhere close to where we might have imagined them to be, the “early 2023” breaking of the ground for the creation of a seven-acre facility intended to serve as a food logistics hub and trans-shipment area for agricultural produce from Guyana to meet the needs of the region in times of crisis, has to be kept in sharp focus.

Kitco Market Data

Gold Prices for the three day period ending Thursday November 10, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 992’s trading results showed consideration of $18,738,581 from 76,653 shares traded in 16 transactions as compared to session 991’s trading results, which showed consideration of $16,945,862 from 35,608 shares traded in 19 transactions.

Suean Seewnarayan

Gender breakthrough?

Stabroek Business: I am assuming that you are now Head of the Essequibo Chamber after having been in business for some time.

Hair Flair

Banana Braids! Women, their hair and the environment

The insatiable global appetite among women for looking good has, over time, served to create a multi-billion dollar ‘good looks’ industry which from a business perspective, has created lucrative entrepreneurial opportunities ranging from what, these days, are multi-million beauty sector enterprises to relatively modest but nonetheless thriving ‘beauty shops’ that have become expert at enhancing women’s sense of self, mostly by ‘doing things’ with their hair.

‘Only Coconuts’ do Guyana proud at Paris product display event

The noteworthy strides which Guyana’s agro processing sector continues to make, largely through the diligence and creativity of a clutch of mostly micro and small businesses – and which can benefit incrementally from a more generous measure of state support – was again manifested recently with the disclosure that the local Only Coconuts brand of agro produce was named among other brands from the Caribbean that ‘turned heads’ at the October 15-19 SIAL Paris 2022 Product Display event at Paris Nord Villepinte in France.

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