By Jewel Fraser Contributing Writer GUYANA, September 5, 2018 (IPS) — Mikesh Ram would watch his rice crops begin to rot, during the dry season in Guyana, because salt water from the nearby Atlantic Ocean was displacing freshwater from the ...
Read More »Category Archives: Business & Money
Feed SubscriptionAfrica’s Economic Growth Prospects Amongst The World’s Brightest
By Ayodele Odusola Contributing Writer UNITED NATIONS, New York September 5, 2018 (IPS) — The best time to invest in Africa is now. However, foreign investors have not moved into the continent as quickly as expected because foreign investment decisions ...
Read More »T&T Private Sector Groups Call For Level-Headedness And Constructive Dialogue On Petrotrin Issue
PORT OF SPAIN, Trinidad and Tobago, September 4, 2018 (CMC) – The Trinidad and Tobago Chamber of Industry and Commerce has urged the government and the union representing workers, at state-owned Petrotrin, to adopt a level-headed approach and work together ...
Read More »Guyana Telephone &Telegraph Company Dismisses Workers After “Review Of Financial Procedures”
GEORGETOWN, Guyana, September 4, 2018 (CMC) – The Guyana Telephone and Telegraph Company (GT&T) said, today, that it had dismissed 12 employees, after conducting a “routine internal review of financial procedures”. “GT&T would like to assure the public that no ...
Read More »Exxonmobil Makes Ninth Discovery Offshore Guyana
GEORGETOWN, Guyana, August. 30, 2018 (CMC) – US-based oil giant, ExxonMobil, announced the discovery of approximately 197 feet (60 metres) of high-quality, oil-bearing sandstone reservoir at the Hammerhead-1 – the ninth discovery of oil in the Stabroek Block and the ...
Read More »Prepare Your Children For The Real World By Turning Monthly Bills Into Lessons
By Carla Hindman Finance and Money Columnist When you’re a child, a few dollars can seem like all the money in the world. It can take weeks, sometimes months, to save up your allowance. When you finally decide to spend ...
Read More »More Than 200 Workers Laid Off As J. Wray & Nephew Limited Closes Down Two Of Its Operations In Jamaica
KINGSTON, Jamaica, August 23, 2018 (CMC) – More than 200 workers have been placed on the unemployment line, after a leading distiller, blender, and bottler of rum announced, yesterday, it was closing down two of its operations. J. Wray & ...
Read More »Get To Know The Security Features Of Canada’s First Vertical Bank Note — The Viola Desmond $10 Bill
OTTAWA, Ontario August 22, 2018 — Canada’s new $10 bank note will begin to appear in cash transactions late this year. Designed to stand apart, it’s the first vertical note issued by the Bank of Canada, and features the portrait ...
Read More »Canadian Oil And Gas Company Names New Well After Guyana’s Indigenous People
GEORGETOWN, Guyana, August 17, 2018 (CMC) – Canadian oil and gas exploration company, CGX Energy Incorporated, announced the name of its next exploration well — ‘Utakwaaka’ — at an Indigenous naming and blessing ceremony by the historic Aleluya Indigenous Group. ...
Read More »International Trade Centre And The Caribbean Development Bank Partnering To Strengthen Support For Regional Businesses
BRIDGETOWN, Barbados, August 1, 2018 (CMC) – The International Trade Centre (ITC) and the Caribbean Development Bank (CDB) have announced that they are scaling up their partnership, to strengthen support for businesses across the Caribbean region. During a meeting at ...
Read More »