Business

By Sherika Williams KINGSTON, Jamaica, (JIS) – Micro, small, and medium-sized enterprises (MSMEs) are being urged to embrace digital transformation to remain competitive in the global economy, delivering the keynote address at the Digital Jamaica Summit and Showcase, recently at The Jamaica Pegasus hotel in Kingston, minister of industry, investment and commerce, senator Aubyn Hill, underscored the critical role of digital transformation in Jamaica’s future economic success.

Micro and small business owners and aspirants across the Caribbean, not least here in Guyana, are likely to proffer mixed responses to this week’s announcement that the Bridgetown- based Caribbean Development Bank (CDB) has approved US$160,000 to fund a feasibility study for the establishment for a Regional Credit Enhancement Facility (RCEF) for Micro, Small and Medium-sized Enterprises (MSMEs).

While much of the reportage on the current ‘crime spree’ that has gripped CARICOM member country, Trinidad and Tobago (T&T), has focused on its impact on the country’s business community, some analysts are insisting that a thought be spared for the ‘average Joe /Josephine’ whose only wish is to live in a society where the extent of his/her worry is confined to living in a well-ordered environment.

Kitco Market Data Gold Prices for the three day period ending Thursday September 19, 2024

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1089s trading results showed consideration of $6,813,616 from 11,673 shares traded in 32 transactions as compared to session 1088’s trading results which showed consideration of $3,022,771 from 8,996 shares traded in 23 transactions.

Sterling Products Limited’s (SPL) after-tax profit for the first half  of this year was $99.1m,  up from last year’s figure for the  corresponding period of  $83.9m.

(Trinidad Guardian) The ANSA McAL Group has announced strategic changes to its head office executive team.

International Environmental Advisor, Erik Solheim, has congratulated Guyana on its efforts to maintain its pristine forest coverage, as well as advancing global climate adaptation and mitigation efforts, a Department of Public Information (DPI) release said on Wednesday.

Several members of the Guyana Police Force are participating in a two-day procurement training exercise conducted by the Public Procurement Commission (PPC).

Based on the reports that continue to emanate from the media in Trinidad and Tobago on the crime situation in the twin-island republic, they suggest that much of the country’s private sector, it would seem, believes itself to be a specific target of violent episodes, and it would appear to the country’s Business Support Organizations (BSO’s) that individual businesses and business owners are now completely preoccupied by the crime wave.

Even as information disseminated by high-profile international agencies, including the United Nations Environmental Programme (UNEP), points to an enhanced focus on eradicating the use of mercury in the global gold recovery industry, local gold miners are reportedly still prepared to defy the widely proven serious health threat linked to the use of the lethal chemical element in pursuit of significantly increasing their earnings from the industry.

Guyana, along with long-standing South American petro giants, Brazil and Argentina, continue to be in the ‘front row’ of countries in the hemisphere in terms of crude oil production, according to a September 4 disclosure by the globally regarded, Oslo-based independent energy research and business intelligence company, Rystaad Energy.

Gold Prices for the three day period ending Thursday September 12, 2024

It is not commonplace for routine visits to Guyana by trade delegations from sister CARICOM countries to be led by the Prime Minister of the visiting country.

The recent destructive rampage across parts of the Caribbean by Hurricane Beryl would appear to have done nothing to dampen the enthusiasm of Caribbean countries in their pursuit to continue to take measures to promote their tourism ‘offerings.’

Caribbean Community (CARICOM) member country Suriname, would appear to be moving to use the ‘leverage’ deriving from its recent oil recovery breakthrough to extend its interest in other region-building pursuits, this time, eyeing involvement in one of the Caribbean’s primary preoccupations, food security.

With crime in Trinidad and Tobago continuing to seriously compromise normalcy in the business sector, the country’s Chamber of Commerce and Industry is stepping up its anxiety level, expressing “deep concern” over what would appear to be a continually escalating crime wave and the danger that it poses to the ability of the country’s business sector to benefit from a condition of normalcy.