Business

Long regarded as being among the underachievers within a wider South American family, Guyana and Suriname are seemingly in the process of ‘coming through’, courtesy of oil discoveries that will potentially bring about major economic transformation to a wider South American ‘family’ others of which have long now reaped the benefits of the hemisphere’s enormous oil reserves.

Even as the various product displays including the UNCAPPED event continues to provide evidence of potential for further growth in the country’s agro processing sector, small and medium scale investors remain concerned that the extent of their investments are not matched by opportunities to access lucrative international markets the returns from which make those investments worthwhile.

With Agro Processing continuing to make a name for itself as a mainstream entrepreneurial pursuit in Guyana, the Richmonds, (Michellina and Oscar), owners of Centaur Holdings of Jacklow, Pomeroon are beginning to get that ‘we’re getting there’ feeling.

By  Andrea Perez-Sobers       Former Energy Minister Kevin Ramnarine says the ongoing political unrest in Venezuela would impact doing business with the country.

The earlier diligent efforts of a cross section of local businesses to maximize consumer attention to their goods and services which, in the past, have benefitted from little or no public accreditation, continues to undergo a steady transformation on account of the initiatives being undertaken by the Guyana National Bureau of Standards (GNBS) to affix deserving recognition to the profiles of those businesses.

The recently announced anticipated “above normal” temperatures for the months of September to November could create challenges for Guyana’s agriculture sector whilst, simultaneously, dishing out episodes of heat-related discomfort to humans across parts of the country, according to information released late last month by the state’s Hydrometeorological Service, which falls under the purview of the Ministry of Agriculture.

…blames administration changes (Trinidad Express) Acting vice-president of operations at the Caribbean Development Bank Therese Turner-Jones believes Trinidad and Tobago and the CDB’s “story” is not impressive, given that many specific projects were not completed despite the benefits they would bring.

Kitco Market Data Gold Prices for the three day period ending Thursday September 5, 2024

Local small business owners and aspirants hoping to access state support for the setting up or expanding of existing entrepreneurial ventures are of the view that the recent official disclosure that the state-run Small Business Bureau has established a ‘window’ (a Resource Centre) through which small business owners and, presumably, prospective owners, can benefit from somewhere they can go to and get readily available information that can assist them with business growth issues, should not become the victim of yet another tier of bureaucratic clutter.

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.

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.

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.

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 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.

It is by no means accidental that the 2024 Caribbean Week of Agriculture event is being staged in, St.

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.