Business

GBTI records $3 Billion in after-tax profits for 2023

The Guyana Bank for Trade and Industry has announced that it recorded $3 Billion in profits in 2023. The bank said its improved performance was driven by prudent cost management and a focus on improving operational efficiency. Chairman of the Board of Directors, Robin Stoby said he is pleased to report that the bank has […]

Government blanks Hicken and Brutus’ sand pit applications

The hopes of Acting Police Commissioner Clifton Hicken, and Acting Deputy Commissioner Calvin Brutus of setting up sandpit operations on the Soesdyke-Linden Highway have been dashed with the Vice President Bharrat Jagdeo telling reporters today that “it is not going to happen.” According to the project documents published by the Environmental Protection Agency (EPA), both […]

Norton questions Qatari Hotel deal as City Council asserts ownership of land earmarked for project

Maintaining that the Opposition supports investment in the country, Opposition Leader Aubrey Norton on Thursday said the People’s National Congress, will not support questionable investments such as the US$300M Qatari Hotel deal. Two weeks ago, the Government and a Qatari investment group two ago broke ground for the multi-million US dollars investment. However, there is […]

Trinidad’s Energy Minister makes case for Guyana’s natural gas to be processed in T&T

By Svetlana Marshall Trinidad and Tobago’s Minister of Energy, Stuart Young, made a strong case today for the neighbouring CARICOM state to process natural gas from Guyana and Suriname. As he addressed the delegates at the Guyana Energy Conference this morning, Minister Stuart said Trinidad and Tobago has the facilities, but is in need of […]

Rowley sees critical role for Guyana, T&T and Suriname in addressing region’s energy challenges

With increasing energy security challenges facing the region, Prime Minister of Trinidad and Tobago, Dr. Keith Rowley today said Guyana, as well as Trinidad and Tobago and Suriname, as the three oil producing nations in the region, can play a critical role in averting the challenges currently being faced in the region.  Speaking at the […]

Sky High begins Guyana/Dominican Republic Service

Dominican Republic based airline, Sky High Aviation, began its services to Guyana on Sunday. The airline will operate three flights per week between Guyana and the Dominican Republic, and intends to eventually expand its services to daily flights. Officials of the airline have indicated that they intend for the service to be here for the […]