Business

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.

Expanding the frontiers of Caribbean/Africa trade relations

Against the backdrop of the various recent initiatives intended to strengthen currently limited relations between the Caribbean and Africa, the Governments of Trinidad and Tobago and Ghana have signed an agreement for the Reciprocal Promotion and Protection of Investments (ARPPI), a development that can be regarded as an ‘opening salvo’ in what, going forward, is envisaged as a broader swathe of bilateral and multilateral relations between Africa and the Caribbean.

Mexican Ambassador to Guyana, Mauricio Vizcaíno Crespo  (right) and Prime Minister Mark Phillips (second from right) at the Mexican national day event. (Office of the Prime Minister photo)

Imminent creation of Guyana/Mexico Business Chamber underscores country’s growing petro profile

Just over half a century after formal diplomatic relations between Guyana and Mexico were established in 1973, Mexican Ambassador to Guyana Mauricio Vizcaíno–Crespo has announced that bilateral economic relations between the two countries will be further deepened with the establishment of a Guyana-Mexico Chamber of Commerce by the end of this year that will focus on fostering ties between businesses from the two nations by the end of 2024.

Barbados Financial Analyst Avinash Persaud

Renewable energy investment fund proposed

By Shawn Cumberbatch Barbadian Financial Analyst Avinash Persaud, who is the special adviser on climate change to the President of the Inter-American Development Bank (IDB), is proposing the creation of a fund that could quickly double investment in renewable energy “in one step”.

Participants and facilitators of the training in Grenada

Grenada welcomes support from the UK and CCCCC to increase access to climate finance and response to climate change

The Ministry of Climate Resilience, the Environment and Renewable Energy welcomes support from the United Kingdom (UK) Government and the Caribbean Community Climate Change Centre (CCCCC) to equip more than 25 technical officers and sectoral experts to develop bankable climate projects to increase the country’s access to climate finance and improve its response to climate change. 

Presidents Irfaan Ali and Chan Santokhi in Paramaribo

IMF upbeat on Suriname’s petro prospects

In much the same way that, in recent years, reportage on Guyana’s economic outlook has benefited from a more favourable international profile arising out of the country’s world class oil finds, so too are more pleasing evaluations of neighbouring Suriname beginning to emerge.

Zulfikar Mustapha
Minister of Agriculture

Allegations of fraud at the GMC raises questions as to how that agency will function, going forward

In the wake of the controversy swirling around the Guyana Marketing Corpora-tion (GMC) arising out of allegations that the state-run entity has become caught up in a “massive fraud”, agro processors with whom the Stabroek Business spoke with last week and earlier this week have told this newspaper that while they believe that the GMC should remain a state-run entity, a body should be created “outside of the Ministry of Agriculture to be responsible for the running of the entity.”

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