Business

Since his accession to the executive directorship of the Caribbean Export Development Agency (Caribbean Export), Deodat Mahraj, a former Deputy Secretary General of the Commonwealth, has been affording readers in the region exposure to some interesting ‘takes” on issues that have to do with Caribbean Development.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 935’s trading results showed consideration of $3,943,252 from 12,187 shares traded in 12 transactions as compared to session 934’s trading results which showed consideration of $19,766,430 from 80,110 shares traded in 22 transactions.

There appears to be no letting up in the efforts of the oil companies currently operating in the region to ramp up their oil recovery operations following their various discoveries arising out of prospecting activities in the region.

There appears to be no end to the variety of ways in which sea moss has historically been pressed into service in the beverage and skin care industries.

With increasing numbers of young Guyanese, notably, women, beginning to embrace entrepreneurship as an option, the boundaries of the business sector continue to expand in pleasing directions, though, having set out on their entrepreneurial journeys many young people are earnestly seeking guidance in an effort to take their initiatives forward. 

As the countdown begins to the Caribbean Week of Agriculture from 4 – 8 October, 2021, sector participants are anticipating an impactful event that will showcase opportunities for practical and technology-oriented solutions to tackle food security.

With ‘shell-shocked’ poor countries in the region desperately seeking to get over the hurdle of what, in some instances, has been a near complete loss of viable education delivery tools arising out of the ravages of the covid-19 pandemic, the World Bank is now putting on the table possible shorter-term and likely more viable options for setting their feet on a surer path. 

In what a report says is “an aggressive push to up-skill youths” the multinational food and beverage giant, Nestlé Limited, is again pressing its ‘Nestlé Needs Youth’ initiative into service in pursuit of what it says targets more than 10 million youths globally, including the Caribbean, for access to economic opportunities by 2030.

With small businesses in the creative sector in parts of the region frequently bemoaning what they say are the difficulties associated with accessing the financial means to grow their enterprises, the Caribbean Development Bank (CDB) is intervening to strengthen the capacity of regional development finance institutions to objectively appraise applications for funding for projects in the sector.

Even as India’s motor manufacturing industry continues to push towards electric vehicles as an option to the millions of ‘gas guzzlers’ upon which the nation depends for transportation the most recent long-term report from the Organization of Petroleum Exporting Countries (OPEC) on oil consumption trends in the period ahead indicate that the level of the country’s oil dependence is likely to remain high for the foreseeable future.

The seeming current decline in its volumes of crude oil produced by Trinidad and Tobago has not exhausted the country’s fossil fuel resources according to the research source, Natural Gas World.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 934’s trading results showed consideration of $19,766,430 from 80,110 shares traded in 22 transactions as compared to session 933’s trading results which showed consideration of $49,059,750 from 403,740 shares traded in 15 transactions.

In circumstances where Guyana’s long-term economic prosperity is, these days, increasingly seen as anchored to the country’s emerging oil & gas industry, it was somewhat reassuring to hear the President’s recent comment at Ebini that “agriculture, food security and our ability to service the regional market is our future” to which he added that “all of our efforts will be to ensure we transfer enough resources to this sector to make it viable and resilient.”

Gold Prices for the three day period ending Thursday September 30, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

The realisation of the prevailing sound reputation which the Demerara Distillers Ltd (DDL) enjoys on the international rum market is derived from the company’s innovativeness, high standards, and its preoccupation with understanding and responding to the requirements of the global market, the company’s Executive Chairman, Komal Samaroo has told the Stabroek Business.

The US oil company ExxonMobil is in the process of further deepening its footprint in Guyana by seeking to move a greater volume of its services from Trinidad and Tobago to Guyana, according to an Oil Now report.

The Caribbean Export Development Agency (CARIB EXPORT) earlier this week announced that it will be hosting the region’s first ever Agricultural Technology Summit from October 5-7.

Entering the final quarter of the International Year of Fruits and vegetables the Stabroek Business will resume its earlier focus on locally cultivated fruits and vegetables and the culinary and cultural roles that they continue to play in the lives of Guyanese.