Business
Stock Market Updates
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1087s trading results showed consideration of $94,124,613 from 294,431 shares traded in 31 transactions as compared to session 1086’s trading results which showed consideration of $9,231,251 from 46,514 shares traded in 17 transactions.
Is the meeting of the 25/2025 target a ‘dead certainty?’
While due perhaps to the compelling distraction resulting from the intervention of Hurricane Beryl, little has been heard from CARICOM member countries regarding the pace of progress of their collective February 2022 commitment to reducing the region’s food import bill by 25% by 2025.
IMF, IDB agree to join forces to help Caribbean, Latin America fight impact of climate change
The President of the Inter-American Development Bank (IDB), Ilan Goldfajn, and the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, have agreed to enhance their collaboration to better support the efforts of common members in Latin America and the Caribbean to foster sustainable and inclusive growth and address the structural challenges of climate change.
AMCHAM TT seeking hi-tech response to rash of crime targeting business community
The concern in the business community in Trinidad and Tobago over a protracted crime spree that is believed to be, in some instances a manifestation of a ‘gang wars’ but which is as well targeting the business community has, not for the first time in recent months, prompted the American Chamber of Commerce of Trinidad and Tobago to express its concern over what it says is the increasingly negative impact of the country’s crime surge and the ability of its members to pursue their business activities untroubled by concerns over robberies and worse, attacks that inflict injuries and claim lives.
Massy says ready to aid in probe of cylinder explosion
Massy Gas Products (Guyana) Limited says it is ready to aid in the probe of an explosion of a 20-lb cylinder that allegedly belonged to it.
Market Prices
Caribbean Week of Agriculture 2024: A critical staging post for regional food security
It is by no means accidental that the 2024 Caribbean Week of Agriculture event is being staged in, St.
IATA exec cautions on higher travel taxes
While every regional government over the years has clamoured for more international connectivity, Peter Cerda, regional vice president of the International Air Transport Association (IATA) believes better dialogue is needed on this issue.
Beryl’s rampage: Who fits the bill could be the subject of a rich/poor face off
If the Report deriving from the Forty-Seventh Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) held in Grenada in the wake of Hurricane Beryl is anything to go by, it would appear that the member countries of the regional movement are not prepared to simply take it ‘on the chin’ and move on.
Business Cartoon
Jamaican economist nominated to serve as IMF Deputy MD
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has proposed to the Board that Dr.
Stock Exchange
GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1086s trading results showed consideration of $9,231,251 from 46,514 shares traded in 17 transactions as compared to session 1085’s trading results which showed consideration of $8,338,854 from 37,041 shares traded in 18 transactions.
Trinidad analyst, economist agree: Food prices will continue to rise
(Trinidad Guardian) Business consultant and agriculture lecturer Riyadh Mohammed believes that the struggle to keep food and grocery prices low is not just a problem that T&T faces but can be found in larger, more developed economies like the United States and other countries globally.
Kitco Market Data
Gold Prices for the three day period ending Thursday August 29, 2024
Beryl compels CARICOM to move the global climate beyond ‘jaw jaw’
The seemingly entrenched ‘divide’ between North and South that manifests itself, mostly, in a rich/poor divide and the failed efforts that have been made over decades by the South to narrow the gap, has once again been shoved to the front burner by Hurricane Beryl, more accurately, by the physical state in which the hurricane left large swathes of the region.
Eco Solutions’ CEO sees Building Expo as structured opportunity for product promotion
At a time when Guyana’s petro fortune continues to focus attention on the opportunities that it offers to external onlookers seeking to take advantage of local investment opportunities, Guyanese continue to ‘parade’ those openings across the sectors, seeking to attract external buy-ins through investments in local undertakings believed to have the potential to access lucrative international markets.
T&T Finance Minister cites local institutions embodying good governance’s ‘checks and balances
In circumstances where fellow Caribbean Community (CARICOM) countries, not least Guyana, have been accused of compromising the effectiveness of state institutions in pursuit of their substantive responsibilities, Trinidad and Tobago’s Finance Minister, Colm Imbert, according to the Trinidadian Guardian August 14, 2024 report, has been parading his country’s “strong checks and balances for good governance credentials” in a presentation at the recent 4th Dialogue on Governance for Development in Latin America and the Caribbean at the Hyatt Regency (Trinidad) hotel in Port-of-Spain.
Amazon Forest fires continue to degrade Brazil’s environmental bona fides
If Guyana’s giant neighbour to the south, Brazil, has won considerable global attention as much to the fact of its vast oil reserves as for the inclusion of a substantial chunk of the Amazon rainforest as part of its overall geographic space, the latter credential is not, universally, a virtue.
Belize’s Agriculture Minister talks up country’s sugar ‘woes’
Etched in the history of some of the earliest socio-economic links between Africa, Europe and the Caribbean, sugar may well be living on borrowed time as a fixture in (parts of) the region’s economy, except it undergoes a generous measure of reform, according to Веlіzе’ѕ Agriculture Minister, Jose Abelardo Mai.
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