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A US$25 Million mall is to be built at Enmore on the East Coast of Demerara as part of a major mega project to be undertaken by the Buddy’s Housing Development company. In announcing the venture, the company said the “Shoreline Mall” will span 300,000 square feet and is expected to become a major commercial […]
President Irfaan Ali on Friday commissioned the World Trade Centre Georgetown, saying that the opening signifies a new high for Guyana. During his address, the President said it was important to establishments like the World Trade Centre to signify Guyana’s positioning in the global community. He said the Government is trying to position country in […]
KLM Royal Dutch Airlines, will officially begin its Guyana service today. The Dutch Airlines announced last November that it will be adding the Georgetown route into its global network. At a launching event to mark the occasion last evening, KLM’s Regional Manager Dutch for the Caribbean and Suriname Dirk Buitelaar, expressed confidence that Guyana will […]
One of the world’s most enduring and recognised footwear brands, BATA, is making its return to Guyana with the opening of a flahship store at the Giftland Mall. According to the company, the exciting re-entry marks the revival of a beloved brand that holds deep sentimental value for many Guyanese. It said the relaunch not […]
The future for private sector businesses in Guyana is bright, according to Minister responsible for Finance and the Public Service, Dr. Ashni Singh. Dr. Singh delivered the feature address this afternoon at the 33rd Annual General meeting of the Private Sector Commission. He told the business executives gathered that the Government will continue to promote […]
Shareholders of the Guyana Bank for Trade and Industry Limited (GBTI) have been told that the local bank continues its strong performance and confidence continues to grow in the banking sector. The bank convened its 37th Annual General Meeting (AGM) on Friday and its Chairman, Robin Stoby, reported that GBTI recorded a Profit After Tax […]
The Guyana Bank of Trade and Industry (GBTI) has announced that it has a recorded a first quarter profit of $1.2B. In a release the bank said its solid first quarter performance was due to strong profitability, disciplined growth and robust capital levels. According to the Bank, it also delivered a 25.2%-year year-over-year increase in […]
The International Monetary Fund (IMF) has noted that Guyana’s economic transformation is advancing strongly and broadening in scale, but is also encouraging greater protection against the “Dutch Disease”. “Dutch disease” is an economic term used for the negative consequences that can arise from a spike in the value of a nation’s currency, that is primarily associated […]
Award winning Canadian airline, Air Transat, has announced that it will begin non-stop service between Toronto, Canada and Georgetown Guyana in December. In a statement from the airline, it explained that the new service will operate twice weekly, on Tuesdays and Fridays, from December 16, 2025, to April 24, 2026. According to the airline’s Chief […]
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 […]
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