Last Updated on Thursday, 5 November 2015, 23:36 by GxMedia As Guyana prepares to reintroduce an agricultural and industrial development bank, an agri-financing expert at an intra-regional financial agency says such financial institutions make no sense and discourage the growth and development of agricultural businesses. “No, I don’t think it’s a good idea. There are many, many subsidies on that ...

Last Updated on Thursday, 5 November 2015, 23:32 by GxMedia The Executive Director of the Caribbean Export Development Agency, Pamela Coke-Hamilton Thursday said the region should eventually impose tax measures to restrict the importation of foreign foods to help stimulate demand for those produced in the region. “There are disincentives …They already have all these incentives to bring in things ...

Last Updated on Thursday, 5 November 2015, 19:56 by GxMedia The Private Sector Commission (PSC) has serious concerns about the impending amendment to the law that would allow the Guyana Revenue Authority (GRA) to ask banks to hand over customers’ account information. The amendment that is currently before the National Assembly is not there with the blessings of Guyana’s  private ...

Last Updated on Thursday, 5 November 2015, 17:07 by GxMedia Witnesses with valuable information in important court cases would soon be granted protection including change of their identities. Minister of Governance, Raphael Trotman announced Thursday that the government would soon be tabling Witness Protection legislation in the House. He said Guyana’s witness protection programme would see witnesses having access to ...

Last Updated on Thursday, 5 November 2015, 15:38 by GxMedia The Head of the University of Guyana’s Law Department, Sheldon Mc Donald died Wednesday night, several days after he was involved in a vehicular accident. The Jamaica-born Mc Donald was one of the early architects of what is now the Caribbean Court of Justice (CCJ). Although his condition was listed ...

Last Updated on Thursday, 5 November 2015, 15:36 by GxMedia The private sector is key to driving the development of agriculture businesses but at the same time there is a crucial role for other stakeholders should the market falter,  the Executive Director Director, ACP/EU Technical Centre for Agricultural and Rural Cooperation (CTA), Michaeil Hailu said Thursday. Addressing the opening of ...

Last Updated on Thursday, 5 November 2015, 14:26 by GxMedia Guyana’s Institute of Private Enterprise Development (IPED) will consider introducing a quick-payment system to rice farmers but a top banker in Suriname is cautious about having such a system without the necessary safeguards. Chief Executive Officer of IPED, Ramesh Persaud said he learnt of the service known as factoring while ...