 |        |   |  |
The ExxonMobil Guyana company today announced the arrival of the ONE GUYANA Floating, Production, Storage and Offloading (FPSO) vessel in Guyanese waters. The vessel joins the Destiny, Unity and Prosperity FPSOs in the Stabroek Block offshore Guyana. In a statement, the company said ONE GUYANA FPSO will operate in the Yellowtail development, with an initial production […]
Firefighters in Linden have been working around the clock to put out a massive fire that erupted last evening in a valley that is bordered by four sawmills in Amelia’s Ward, Linden. The fire started early Wednesday morning in an area where sawmill operators have been dumping their waste materials. By nightfall, it grew into […]
Lateness and absenteeism are among the reasons given by Teleperformance for closing down one of its operations in Guyana, Vice President, Bharrat Jagdeo has revealed. Teleperformance, which is one of the largest call centre companies in Guyana recently closed its Robb and Camp Street location in Georgetown. The company laid off more than 800 workers […]
The Call Centre business in Guyana appears to be taking a shot in the gut as more clients pull away their business, leaving the Government of Guyana to seek answers. One of the largest Call Centre companies in Guyana, Teleperformance, has closed down its Robb and Camp Street location, which followed at least five of […]
The Food and Agriculture Organization of the United Nations (FAO), and the International Labour Organization (ILO) have teamed up under the FISH4CAP Project to help Guyana revitalize Fishing Cooperatives in the country and empower artisanal fisher folk. FISH4ACP is an initiative of the African, Caribbean and Pacific Group of States, and is implemented by the […]
The Caribbean’s oldest business chamber, the Georgetown Chamber of Commerce and Industry (GCCI) elected its first female President today after being in existence for 136 years. Managing Director of Dynotech Construction Chemicals and former Vice President of the Chamber, Kathy Smith, has been elected President of the GCCI. She replaces businessman, Kester Hutson, and will […]
During a recent engagement with a visiting team from the International Monetary Fund (IMF), the Private Sector Commission of Guyana drummed up the country’s economic growth and told the visiting team that unemployment in Guyana “is largely voluntary”. Guyana’s unemployment rate hovers around 12%, and with the growth of the economy and the oil and […]
by Svetlana Marshall Billionaire businessman, Nazar Mohamed, continues to express his frustration over the impact of the US sanctions on him, his son and their businesses and the Guyana Government’s recent moves not to renew a number of the family’s business licenses. Mr. Mohamed told News Source on Wednesday that the same Government that has […]
A legal challenge which was mounted against the Government over its handling of the country’s Natural Resources Fund (NRF) has been described as a “nuisance” by Attorney General, Senior Counsel Anil Nandlall. The Court action was filed by prominent Business Executive, Dr. Terrence Campbell. Campbell is a member of the NRF Investment Committee and he […]
“Guyana’s economic transformation is advancing at a strong pace,” an International Monetary Fund (IMF) team said in its preliminary report on the conclusion of the 2025 Article IV Mission. That growth has been linked to the country’s rapidly expanding Oil and Gas Sector, and advancements made in the non-oil sector. “Rapidly expanding oil production, […]
 |  |
