Commerce

The Georgetown Chamber of Commerce and Industry (GCCI) on Monday reported that its members have so far experienced a significant decline in business activity due to political uncertainty associated with the no-confidence motion. GCCI President, Deodat Indar told Demerara Waves Online News that a two-question questionnaire was administered online to its 240 members. However, Indar did not state how many ...

The Shipping Association of Guyana (SAG) on Friday said it was preparing to appeal a decision by the Competition and Consumer Affairs Commission (CCAC) in which five shipping terminal operators were guilty of fixing prices for hauling shipping containers and fined a total of GYD$19.2 million. “The CCAC’s ruling is not consistent with the facts and the SAG is engaging legal ...

The Competition and Consumer Affairs Commission (CCAC) has ruled unanimously against the Shipping Association of Guyana (SAG) in a price fixing case brought by a privately-owned transportation service, that regulatory agency said Tuesday. The CCAC’s decision brings to an end proceedings stemming from a 2017 complaint against SAG by businessman Mahindranauth Jaikarran, owner of JD Transport Services. The complainant provides haulage ...

The Guyana Rice Development Board (GRDB) says no Cinderella-branded rice has been shipped to Jamaica for the year and is surprised by reports that 70 metric tonnes of the Guyanese grain have been seized by authorities on that Caribbean island. GRDB Deputy General Manager, Allison Peters said rice shipments directly from Guyana to Jamaica usually take about seven to 10 ...

Reproduced from Jamaica Observer KINGSTON, Jamaica — The Food Storage and Prevention of Infestation Division (FSPID), in the Ministry of Industry, Commerce, Agriculture and Fisheries (MICAF) says it has confiscated 70 metric tonnes (1,575 bags) of White Cinderella rice from Guyana due to high microbial content. The rice, valued at approximately $4.6 million, was imported from Guyana by a local ...