Trade

A sprawling 700-acre agricultural estate, operating under the name Pomeroon Trading, is set to become the third Guyanese company to be listed on the Guyana Stock Exchange in 10 years. Company Advisor, United Kingdom parliamentarian, David Lammy, says the company is about to sell more than 130,000 shares at US$7.50 per share to any new investor. “Pomeroon Trading will be ...

The Caribbean Court of Justice (CCJ) on Tuesday delivered a judgement which upholds the classification decision of the CARICOM Council for Trade and Economic Development (COTED) on cement, known as Rock Hard Cement, imported and/or distributed within CARICOM by Rock Hard Cement (Rock Hard Distributors Limited) and, Mootilal Ramhit and Sons Contracting Limited. These proceedings in the CCJ’s Original Jurisdiction ...

Ghana’s President, Nana Akufo-Addo has agreed that his country would help Guyana’s energy sector, Director-General of the Ministry of the Presidency, Joseph Harmon said. Briefing the media after Akufo Addo was conferred with Guyana’s national award, the Order of Excellence by President David Granger, Harmon said the technical assistance cooperation would be provided free of cost. “This is very important ...

Guyana on Wednesday ruled out funding the replacement of the ailing MV Canawaima ferry, saying the jointly-owned company with Suriname must use the money to repair the 20-year-old vessel. “There is no onus on Guyana to fund the replacement of the service either temporarily or permanently. The joint company has to ensure that the monies collected by or on behalf ...

Minister of Agriculture Clarence Rambharat has advised that raw and cooked poultry meat from Guyana has been banned from entry into Trinidad and Tobago with immediate effect, Loop TT reported Friday. “As a precaution the Ministry’s Chief Veterinary Office has notified the Customs and Excise Division of an immediate ban on raw and cooked poultry originating from Guyana. While Guyana ...

Two men accused of attempting to smuggle 107.6 kilogrammes of cocaine in pepper sauce to another country were Monday remanded to prison. The Customs Anti-Narcotics Unit (CANU) said Chief Magistrate, Ann McLennan denied bail to the accused men. They are Ramaeo “Chan” Chandrabhan of 39 Ornoque Street, Georgetown, and Andrew Young of 2018 Section ‘C’ Diamond, East Bank Demerara. The ...

Barbados is among several Caribbean nations that is exploring integrating agriculture and tourism as that small Eastern Caribbean island on Wednesday opens its Agrotourism Policy Setting Workshop under the theme, “Strengthening Linkages Between Agriculture and Tourism” in the capital Bridgetown. Regional organisations, the World Bank and the World Travel and Tourism Council identify tourism and agriculture as the two critical ...

The Barbados and Guyana stock exchanges on Friday inked a memorandum of cooperation, paving the way for listed companies to trade in each other’s countries. “The two key areas of interest identified in our preliminary discussions have been that of institutional strengthening and the cross listing of securities,” Managing Director of the Barbados Stock Exchange (BSE), Marlon Yarde said at ...

Guyana should ensure there are tight regulatory frameworks when dealing with Chinese investors to minimise the possible bribery of public officials, Research Professor of Latin American Studies at the US War College Strategic Studies Institute, Dr Evan Ellis stated recently. Delivering the 11th Vice Chancellor’s Renaissance Lecture on the topic “Transnational Organised Crime and Regional Security Dynamics in Guyana and ...