Business

Guyana to benefit from regional CDB Local Government training

Against the backdrop of what is widely believed to be key weaknesses in local government administration in some countries in the region, the Caribbean Development Bank (CDB) has launched a series of training workshops aimed at upgrading the skills of functionaries responsible for accounting and reporting in local government administration.

Javette Nixon
Javette Nixon

New Jamaican small business lending company could be a fit here

Given the challenges that continue to inhibit access to borrowing by local micro and small businesses for the purpose of strengthening the foundation of existing but under-financed enterprises, the model utilised by the Jamaican lending platform known as Esther Finance Ltd.

Jamaica Prime Minister Andrew Holness

Caribbean COVID surge creates fears of more strictures targeting businesses

Under pressure mostly from the island’s influential private sector, the Jamaica government last week announced that it was discontinuing the weekly ‘no-movement’ days and adjusting its curfew measures even as the erratic behaviour of the seemingly worsening COVID-19 pandemic keeps countries in the region guessing as to how to respond to the mounting numbers of casualties being claimed by the novel coronavirus.

PAHO picks Argentina, Brazil institutions as regional hubs for production of covid-19 vaccines

Against the backdrop of mounting concern over the increase in the covid-19 infection rate in the hemisphere the Pan American Health Organization (PAHO) has announced the selection of two institutions in Argentina and Brazil to serve as regional hubs for the development and production of vaccines in Latin America in a bid to roll back the mounting threat which the malady poses.

Jamaica Development Bank intervenes to help COVID-affected SMEs

Asserting that Micro, Small and Medium Enterprises (MSMEs) are the backbone of the country’s economy, the Government of Jamaica has made a significant intervention through key state agencies in an effort to rescue such struggling businesses from the economic dislocation arising out of the COVID-19 pandemic.

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday September 23, 2021

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 933’s trading results showed consideration of $49,059,750 from 403,740 shares traded in 15 transactions as compared to session 932’s trading results which showed consideration of $151,748,402 from 5,498,231 shares traded in 20 transactions.

DDL packaged fruit juice, milk production in the pipeline

Having established a noteworthy reputation locally, regionally and internationally, for its accomplishments in the rum manufacturing sector, Demerara Distillers Ltd is moving to further consolidate its more recent pursuits in the beverages sector through the launch of a plant designed to help meet the needs of a growing local fruit-based beverage market as well the dairy market.

For how much longer?

Threatened climate change strictures a worry for regional oil producers

With quite a few Caribbean Community (CARICOM) countries having already realised the status of being oil-producing nations, or are otherwise on the cusp of doing so, the news that the climate change researchers are now preoccupied with seeking to place precise measurements on the extent of the global Climate Change threat and are now estimating just how much of the world’s coal, oil and natural gas reserves should be left unburned in order to slow the increase in climate-changing gases in the atmosphere, may well create some measure of institutional discomfort.

In the aftermath of Hurricane Ida. (Washington Examiner)

Caribbean caught fast in global climate change emergency

As if the socio-economic ravages of the coronavirus pandemic are not sufficient to retard the development of Caribbean countries years into the future, there are signs that a much more familiar malady, rampaging weather, is about to make yet another immediately impactful intervention in the region.

Rice being loaded on a truck in preparation for export

Economies of 100-plus countries still dependent on commodity exports – UNCTAD

The extent of countries’ dependence on commodity exports as a key factor in determining their economic well-being has increased over the last decade from 93 countries in 2008-2009 to 101 in 2018-2019, according to United Nations Conference on Trade and Development’s (UNCTAD) State of Commodity Dependence 2021 report released just over a week ago.

The ganja flower

Jamaica’s executes first ever marijuana-related export to Germany

Further evidence that the one-time much stigmatised marijuana is ‘going places’ in the global medicine and cosmetics industries emerged recently with the reported signing of an Agreement that allows for the  Australian-headquartered medicinal ganja company, CANNIM, to legally export the ganja flower into Germany.

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday September 16, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

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