Caribbean Airlines to begin schedule service to Tortola BVI in October

Regional carrier, Caribbean Airlines, has announced that from the 14th October, it will be flying to Tortola in the British Virgin islands.   The airline said the new route forms part of its expansion and is also part of its strategic plan to better connect the Caribbean region, while enhancing its robust network. According to a statement, Caribbean […]

PNC says Government can afford to meet teachers’ salary demand

The Opposition People’s National Congress Reform (PNC/R) today said it fully supports the position of the Guyana Teachers’ Union and all teachers in rejecting the government’s 10% salary offer. After the union agreed to shelve its 2019-2023 proposal and negotiate for 2024 to 2026, the Government is offering a 10% increase for this year, along […]

Over $270 Million in contracts awarded for first phase of construction of new Police training facility at Dora

The Ministry of Home Affairs today handed over contracts totaling more than $270 million to three contracting companies that will begin work on the construction of new training facilities for the Police Force’s Academy at Dora, along the Soesdyke/Linden Highway. The three companies awarded contracts for the job are D&S Construction, Orin’s Supreme, and Green […]

Guyana scores 66.36% in effective implementation of international civil aviation standards

An audit by the International Civil Aviation Organisation, which was conducted earlier this year has found that Guyana has achieved an overall score of 66.36% in the effective implementation of the International Civil Aviation standards. In a statement this afternoon, the Guyana Civil Aviation Authority, said Guyana’s performance this year has surpassed its 2007 ICAO […]

Government examining multiple plans to increase gold production and declarations while tackling smuggling

With declining gold declaration figures, the Minister of Natural Resources Vickram Bharrat, appears confident that there will be a turnaround soon in the country’s gold industry that will result in increased production and declarations. At a press conference on Wednesday, the Minister said the Government has already signed an agreement with Reunion Gold Company that […]

Government finalizes new Production Sharing Agreement for oil sector; Royalty rate increased from 2% to 10%

By Svetlana Marshall Minister of Natural Resources, Vickram Bharrat has announced that the Government of Guyana has finalized the new Production Sharing Agreement, and has retained all of its fiscal terms.   Under the new model PSA, the Royalty on all petroleum produced and sold by the contractor has been increased from 2% to 10%. […]