Business

Kavan Gayle President General of the Bustamante Industrial Trade Union signs an one-year wage agreement in the presence of Finance Minister Dr Ni
Kavan Gayle President General of the Bustamante Industrial Trade Union signs an one-year wage agreement in the presence of Finance Minister Dr Ni

Guyana, Jamaica public service salary hike ‘engagements’ proceed on different tracks

In marked contrast to the protestations of the Guyana Public Service Union (GPSU) over what it said were government-imposed wages and salary increases that were devoid of consultations with the union, Jamaica is reporting that more than thirty of the country’s trade unions representing Public Servants have accepted the government’s four per cent salary increase offer for the period April 2021 to March 2022, apparently without murmur.

Guyana’s tourism product – Are we really ready?

For all the ‘notable achievements’ of the country’s tourism industry recorded in 2021 as outlined by the Guyana Tourism Authority (GTA) in its yearend review, there can still be no disputing the fact that insofar as the national ambition of developing the key sectors of the country’s economy is concerned, the ‘tourism industry’ occupies a less than prominent position on the ‘food chain’.

World Bank frowns on ‘unfair’ state contract awards

A recent World Bank Symposium on Data Analytics for Anticorruption in Public Administration has tagged corruption as a major challenge to the Bank’s twin goals of ending extreme poverty by 2030 and boosting shared prosperity for the poorest 40 per cent of people living in developing countries.

Professor Gordon Shirley

Jamaica’s tourism industry workers anticipate return of cruise ships

The Caribbean may still be some distance away from leaving its COVID-19 woes behind, but on the basis of the available evidence it would very much appear that the region is sparing no pains to ensure that it does everything in its power to ensure that its tourism industry survives, and, if possible, prospers in a challenging environment.

Canada ‘tops up’ $$ for IFAD’s agri pursuits in poor countries

At a time when the twin effects of the COVID-19 pandemic and climate-driven environmental challenges are having a serious negative impact on the agriculture sector in low-income countries, the Government of Canada has announced its further commitment to ensuring the continued resilience of small-scale farmers in rural communities by increasing its financial contribution to the United Nations’ International Fund for Agricultural Development (IFAD).

FAO Chief Economist, Maximo Torero

Agro processing top greenhouse gas emitter – FAO study

Efforts by developing countries to maximise food production and generate job-creation by moving to expand their agro-processing sectors could come under closer official scrutiny following claims made in a recent study published by the United Nations Food & Agriculture Organization (UNFAO) that the pursuits of food processing, packaging, transport, household consumption and waste disposal “are pushing the food supply chain to the top of the greenhouse gas emitters list.”

Business Voices

Bibi Farina Fareeda:  Lisa’s Manufacturing: Offers a variety of cakes, fruit mixes, jams and assorted snack foods.

At the launch of the Christmas Village

Beyond Christmas: The Main Street spectacle

If the ‘lighting up,’ the product display, and the various other attractions trotted out to ensure that this year’s Main Street Christmas Village offered a ‘lift’ of spirits from the emotional trough associated with the coronavirus pandemic, it appears to have worked.

Hoping that history will prove us wrong

The recent outburst of fretfulness by the World Bank over what it says is the problem of governments seeking to “unfairly determine the winners of government contracts, with awards favouring friends, relatives, or business associates of government officials” (and which is reported in this issue of the Stabroek Business), came shortly before a revelation emanating from the Office of the Auditor General here in Guyana regarding a particularly outrageous instance of seeming manipulation of the state tender process in a manner that appeared to bend over backwards in favour of an un-named contractor.

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