Business

Release – Though some may consider the theme for this year’s World Food Safety Day (WFSD), “Safer Food, Better Health”, obvious, few persons know that an estimated 600 million  almost 1 in 10 people in the world  fall ill a04fter eating contaminated food and 420,000 die every year.

The Government of Guyana has received an encouraging report card from the International Monetary Fund (IMF) for making “good progress” in strengthening the country’s “anti-corruption framework and fiscal transparency.”

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 970’s trading results showed consideration of $49,593,989 from 93,383 shares traded in 38 transactions as compared to session 969’s trading results which showed consideration of $25,093,678 from 58,743 shares traded in 32 transactions.

Gold Prices for the three day period ending Thursday June 09, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

The Stabroek Business has had some decidedly encouraging feedback from two recent events held here in the region, the first being the high profile 25 x 2025 product promotion and consultative event held in Guyana primarily to allow for a collaborative look at how to respond to the challenge of a preponderance of foods from outside the Caribbean that are imported into the region.

There are times when the Caribbean’s demonstration of unity, particularly among members of the Caribbean Community (CARICOM), is admirable.

The independent Norway-based energy research and business intelligence company, Rystad Energy, has tagged Guyana as being among two other named countries and a region that will attract most of the growth in investment in the global oil & gas industry in 2022.

As Suriname continues to ‘shift gears’ in anticipation of the country’s widely anticipated commencement of the recovery of significant deposits of oil in the Guyana-Suriname Basin, the state-owned oil company, Staatsolie, has given notice of the staging of the country’s Second Energy, Oil and Gas Summit (SEOGOS) and Exhibition from June 28-30th.

The international oil companies ExxonMobil and Shell Plc. face what a May 16 Bloomberg report describes as “expensive offshore exploration setbacks” to their plans to turn Brazil into a major oil & gas profit centre. 

LONDON, England – Senior government officials, policymakers and industry leaders in the field of data science are gathering in St John’s, Antigua and Barbuda this week for an intensive workshop on how to harness data for impactful innovation, while addressing the significant data gaps that Caribbean countries face.

Not least among the eye-catching outcomes from the flurry of intra-regional engagements arising out of, first the 25 x 2025 event in Guyana in mid-May, and the subsequent May 28-29 Agro Fest in Barbados, was the realisation of a number of ‘understandings’ and Agreements with regard to intra-regional cooperation, going forward, on collaborative initiatives rooted in the application of the strengths of the respective member territories to address the needs of the Caribbean as a whole.

The heavily tourism-dependent countries of the region are reportedly gradually reported to be ‘breathing easier’ as indications of what commentators are describing as a ‘bounce back’ for tourism, a crucial income-earner for several otherwise resource-poor states.

Much to the disappointment of a number of countries in the hemisphere, the administration of President Joe Biden has opted to ‘pile on the pressure’ on Venezuela by moving to renew a licence that imposes only a partial exemption on the US company, Chevron Corporation’s workings in Venezuela’s oil sector.

Neighbouring Suriname is reportedly having its own fair share of woes arising out of the seasonal rains with which countries in South America are all too familiar.

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 969’s trading results showed consideration of $25,093,678 from 58,743 shares traded in 32 transactions as compared to session 968’s trading results which showed consideration of $59,868,785 from 139,419 shares traded in 23 transactions.

One can hardly have a serious quarrel with Agriculture Minister Zulfikar Mustapha’s reported assertion that a “single shared vision” is what is needed to protect the region’s agriculture and its food systems, which, in a sense, rails against the failures of the past, and presumably, issues a call for a more robust collective effort this time around.

The respective business communities in Guyana and Trinidad and Tobago would appear to be moving towards a resolution of the matter of Guyana’s sustained protestations over the non-tariff protectionist policies in place in the twin-island Republic which have seriously retarded the ability of some categories of Guyanese goods to make inroads into the T&T market.