Business

An increase in oil exports in September 2022 from Venezuela to China, Cuba and Europe, among others, is expected to boost revenues for this Bolivarian country.

Even as Suriname readies itself for its anticipated major oil and gas recovery programme, the state-run oil company, Staatsolie, is revealing plans for spending a whopping US$1.5 billion in the country’s offshore investment programme.

Kitco Market Data Gold Prices for the three day period ending Thursday October 06, 2022

This is about as good a time as any to mount a vigorous lobby for the allocation of a more generous share of state resources to the growth of those mostly micro and small businesses in the agro-processing and craft sectors, among others, which have not, over the years, had delivered to them the various promises made by government including, at one time or another, promises of facilities that would enable them to transfer their manufacturing operations to premises that would render those operations more efficient.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 987’s trading results showed consideration of $40,492,697 from 121,632 shares traded in 30 transactions as compared to session 986’s trading results, which showed consideration of $5,295,920 from 16,647 shares traded in 12 transactions.

Chairman of the United States-based Guyanese American Chamber of Commerce (GACC) Eldon Bremner told a forum here that small businesses do not have to remain small; that with the right combination of effective strategies and the right attitude on the part of their owners, these can grow to become big entities.

Guyana is among eight Caribbean countries that are expected to submit the names of nominees to replace dismissed US citizen Mauricio Claver-Carone as president of the Inter-American Development Bank.

The Guyana Telephone and Telegraph Company (GTT) has announced that it is seeking to extend access to its Mobile Money, Guyana (MMG+) service by increasing the number of agents beyond the 800-odd operatives currently providing the service across the country.

The recent revelation that the number of people in the English-speaking Caribbean estimated to be facing moderate to severe levels of food insecurity has risen by 46 per cent over the last six months, is certainly grim news.

(An IMF Finance and Development Feature) By Giulia Fanti, Joshua Lipsky and Ole Moehr In the typically cautious world of central banking, the idea of a central bank digital currency (CBDC) is moving at lightning speed.

For a period of time, extending, perhaps over several two decades, Guyanese have been actively debating (and in some instances, pursuing) options for self-employment, some of which have embraced niches in the agricultural, agro-processing, craft, beauty, retail and services sectors that can serve as alternative stable and long-term income-generating options.

In the wake of the recent focus on Caribbean food sufficiency and food security, spearheaded by Guyana and Barbados, agricultural sustainability was reportedly one of the issues at the forefront of recent discussions at the level of the Caribbean Community (Caricom).

The Caribbean will have every interest in keenly monitoring developments at the very apex of the Inter-American Development Bank (IDB) following the recent decision by its Board of Governors to remove its President Mauricio Claver-Carone from his position in the wake of an ethics scandal relating to a relationship he shared with another bank employee.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 986’s trading results showed consideration of $5,295,920 from 16,647 shares traded in 12 transactions as compared to session 985’s trading results, which showed consideration of $25,114,649 from 99,471 shares traded in 33 transactions.

If there is an expectation among the people of the Caribbean that having recently made limited progress in raising awareness of the importance of strengthening regional food security, their governments and various institutions will automatically take the next step of providing clear and reassuring evidence of their collective intention to carry through with this undertaking, they are best advised not to take that as a given.