Category Archives: Business

Guyana: Capitol News Videos – September 29, 2014

Guyana: Capitol News Videos – September 29, 2014

  • Coalition will not dilute AFC says David Granger of APNU
  • PUC begins hearing on proposed landline hike
  • Fugitive Guyanese drug smuggler in US Court
  • Stiffer Penalties for Child Abuse
  • Dino Bouterse of Suriname changes Plea
  • Sports
Coalition will not dilute AFC says David Granger of APNUPosted: 29 Aug 2014 02:10 PM PDT
PUC begins hearing on proposed landline hikePosted: 29 Aug 2014 02:09 PM PDT Continue reading

Guyana – “Anxious to leave” – commentary and paper on migration

Anxious to leave… ( also see paper on migration at the end)

Guyana map

Click map to enlarge

AUGUST 30, 2014 | BY |  EDITORIAL

Guyana: It has been reported in the not too distant past that close to 80 per cent of the country’s skilled people migrate.

This certainly paints a gloomy picture for the future. It means that we are getting considerably less for investments in human development; training people is a very costly exercise.

Indeed, for as long as we could remember we have been producing our own teachers, nurses, skilled artisans and the like. Such was our training regimen that all those who graduated were good enough to work in any part of the world.

There was a time when the cost of living was such that we were content to stay and serve. But there was always the lure of life overseas.  Continue reading

Guyana will guarantee financing for India group – Ramsammy denies company claims

UPDATED:  Ramsammy denies ‘60,000 hectares’ claims by Indian group

AUGUST 30, 2014 | … says agreement inked with Ministry has expired  
Agriculture Minister, Dr. Leslie Ramsammy, has denied that his Ministry allocated more lands in the Canje Basin, or entered into any “new deals” with Indian conglomerate, Ajeenkya DY Patil. This is in stark contradiction to what the company claims on its website. The company claimed that …[Read more]
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Guyana will guarantee financing for India group – company website claims

- says it was given 60,000 hectares in Canje Basin

Leslie Ramsammy

Photo : Dr Leslie Ramsammy Min. of Agriculture

AUGUST 29, 2014 | BY –  |ndian conglomerate, Ajeenkya DY Patil, says that it has been provided with a 99-year lease on 60,000 hectares of land located in Canje Basin for a mega-farm. The Government of Guyana will provide tax holidays, waive import and export duties, and provide exemption from local taxes, the company said on its website.

The Ministry of Agriculture had initially stated that it had given approximately 10,000 hectares of land in the Canje Basin to the group for “mega farming”.  There have been no announcements by Government of these new arrangements.

The company said it was also able to acquire the rights to not only what is above the  ground but below, a significant allowance, as it could pave the way for even mining to taking place in the concession. Continue reading

The Smallness of Being in Economy Class

The Smallness of Being in Economy Class

FROMA HARROP -NATIONOFCHANGE / OP-ED Published: – 27 August 2014  
Economy Class

Economy Class

 
Wall Street actually rewards airlines that put the most passengers into the smallest areas. The fight for space on airplanes has gotten so bad it has led to physical altercations between passengers!
 
Americans are in the dumps about their future. What does that have to do with legroom in economy class? Everything.

The middle class sees its stature shrinking in the global pecking order and in a culture that favors money over well-being. There can be no better example for this than the indignities of flying economy.

Surely, you heard the story about the United Airlines flight from Newark to Denver that was diverted to Chicago after two passengers got into a fight over legroom.  Continue reading

Iraq, Syria and Lebanon – invented by Britain and France, now collapsing

Iraq and Syria Follow Lebanon’s Precedent

 Tuesday, August 26, 2014 – 03:1 Stratfor 

Geopolitical Weekly  By George Friedman

Lebanon was created out of the Sykes-Picot Agreement. This agreement between Britain and France reshaped the collapsed Ottoman Empire south of Turkey into the states we know today — Lebanon, Syria and Iraq, and to some extent the Arabian Peninsula as well. For nearly 100 years, Sykes-Picot defined the region.

Iran-map-region

Click map to enlarge

A strong case can be made that the nation-states Sykes-Picot created are now defunct, and that what is occurring in Syria and Iraq represents the emergence of post-British/French maps that will replace those the United States has been trying to maintain since the collapse of Franco-British power.

The Invention of Middle East Nation-States

Sykes-Picot, named for French diplomat Francois Georges-Picot and his British counterpart, Sir Mark Sykes, did two things. First, it created a British-dominated Iraq. Second, it divided the Ottoman province of Syria on a line from the Mediterranean Sea east through Mount Hermon. Everything north of this line was French. Everything south of this line was British. Continue reading

In whose interest are GFC and Govt. acting…Bai Shan Lin or Guyana? – Chris Ram

In whose interest are GFC and Govt. acting…Bai Shan Lin or Guyana? – Chris Ram…Company selling to itself; forcing loggers to export in their names

AUGUST 26, 2014 | BY | As Government continues to vehemently defend the operations of a number of foreign logging companies, there are new
Christopher Ram

Christopher Ram

revelations that suggest more wrongdoings in the Upper Berbice, Region 10 area.
Over the weekend, local commentator and Chartered Accountant, Christopher Ram, visited the Bissaruni, Kwakwani and Ituni areas, speaking with loggers and residents alike.

His visit would come over increasing questions regarding the arrangements that Government has with Bai Shan Lin, a Chinese logging company. The situation has also cast a long shadow over the arrangements with other foreign-owned loggers as the indications are that there is no enforcement to ensure that their commitments to establish processing facilities are being honored. These arrangements include seemingly unlimited duty free, fuel and other tax concessions.

Continue reading

Guyana: How one wood company is creating value-added products

How one wood company is creating jobs by taking value-added activities to another level

AUGUST 24, 2014 | BY | As the debate continues over whether Guyana should be allowing the exports of logs, instead of concentrating on ensuring investors set up processing facilities that can assure more local jobs, one local company is more than convinced
woods

Click picture to enlarge

that it can and should be done.

As a matter of fact, Bulkan Timber Works at Yarrowkabra, Soesdyke/Linden Highway, has been involved in wood processing for so long that it has mastered the art of wasting nothing.

From kiln drying, moulding, doors and pre-fabricated wooden homes, the facilities at the former glass factory compound is an interesting model of what can happen in Guyana. Continue reading

Re-imagining school – Playlist (13 talks): TED videos

       Playlist (13 talks): Re-imagining school

All over the world, there’s a growing consensus that our education systems are broken. These educators offer lessons in how we might re-imagine school.

  • 19:24

    Sir Ken Robinson makes an entertaining and profoundly moving case for creating an education system that nurtures (rather than undermines) creativity.
  • 20:27

    Salman Khan talks about how and why he created the remarkable Khan Academy, a carefully structured series of educational videos offering complete curricula in math and, now, other subjects. He shows the power of interactive exercises, and calls for teachers to consider flipping the traditional classroom script — give students video lectures to watch at home, and do “homework” in the classroom with the teacher available to help.

What kind of web do we want? – by Sir Tim Berners-Lee – video

What kind of web do we want? – by Sir Tim Berners-Lee – video

Sir Tim Berners-Lee invented the World Wide Web 25 years ago. So it’s worth a listen when he warns us: There’s a battle ahead. Eroding net neutrality, filter bubbles and centralizing corporate control all threaten the web’s wide-open spaces. It’s up to users to fight for the right to access and openness.

View Video below:

To make it big in Africa, a business must succeed in Nigeria, the continent’s largest market.

Africa’s testing ground

To make it big in Africa, a business must succeed in Nigeria, the continent’s largest market. No one said it would be easy

Aug 23rd 2014 | LAGOS |The Economist

nigeria-1IN 2001 MTN, a fledgling telecoms company from South Africa, paid $285m for one of four mobile licences sold at auction by the government of Nigeria. Observers thought its board was bonkers. Nigeria had spent most of the previous four decades under military rule. The country was rich in oil reserves but otherwise desperately poor. Its infrastructure was crumbling. The state phone company had taken a century to amass a few hundred thousand customers from a population of 120m. The business climate was scarcely stable.  Continue reading

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