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The US$20 million Courtyard by Marriott Hotel is now expected to be completed by the end of the first quarter of 2025. This morning, President Irfaan Ali and Prime Minister Mark Phillips visited the construction site of the multi-million-dollar hotel, and were given a tour of the six-storey building, which is under construction at Timehri […]
by Rennie Parris In an exciting move, the Government of Guyana has announced that every adult citizen will receive a $100,000 cash grant. While this grant could be spent on immediate needs, it also offers an incredible opportunity for people to pool their resources and build businesses that could lead to long-term financial stability. Imagine […]
The newly constructed AIDEN by Best Western Hotel, officially opened its doors on Saturday evening in the heart of Georgetown, standing majestically at the corners of Oronoque and Robb Streets. The nine-story tall hotel boasts 138 rooms and a number of dining and other facilities. Construction work on the hotel began in 2021. Hotel Director, […]
Economist and Former Finance Minister under the APNU+AFC Government, Winston Jordan, believes President Irfaan Ali and his Government need to be explicit about eligibility for the $100,000 per adult Guyanese cash grant, now that they have taken his suggestion onboard for the grant to be given to every adult Guyanese instead of every household. During […]
The Guyana Government is eyeing the construction of a deepwater port, a project which President Irfaan Ali has said will significantly enhance the country’s role as a major trans-shipment point in the region. Addressing local and international delegates at the International Business Conference which is currently underway, the President explained that the proposed deepwater port […]
The TotalEnergies Consortium, which includes Qatar Energy and Petronas, is among four companies that have accepted the new Production Sharing Agreement (PSA), the Ministry of Natural Resources has disclosed, while providing an update on the process of awarding eight of the country’s lucrative offshore oil blocks to the six successful bidders. The International Group Investment […]
The Georgetown Chamber of Commerce and Industry has proposed the expansion of training opportunities available to Guyanese to address the issue of labour shortage in the country. In a statement, the Chamber of Commerce said having recognize that the country continues to grapple with a labour shortage, while navigating the need for a stronger Health, […]
Regional carrier, Caribbean Airlines has announced that it will be operating two flights per week from Guyana to neighbouring Suriname. The airline will also be increasing the number of flights it operates to Suriname from Trinidad and Tobago to four flights per week. The flights from Guyana will operate out of the Eugene F. Correia […]
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re going to discuss a topic that’s crucial for entrepreneurs looking to finance their business—loans. Whether you’re starting a business or trying to grow an existing one, securing the right type of loan can make all the difference. In this column, we’ll focus […]
Avianca Airlines of Colombia has been granted approval to operate schedule flights between Guyana and Colombia. The airline announced today that it will begin the Guyana service in December and will operate two flights per week between Guyana and Colombia. In a statement today, Avianca announced that the new route will be operated by an […]
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