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The Guyana Office for Investment has jumped into the fray over the construction of the Georgetown Seafront Resort and Convention Centre, which is to be built along Carifesta Avenue on land that is being claimed by both the Guyana Government and the Georgetown City Council. Two weeks ago, the Government of Guyana signed a Memorandum […]
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 […]
Almost one year after Unicomer Guyana announced its intention to construct a 50,000 square foot $60B multi-complex facility at Farm, on the East Bank Demerara, the company has not yet received full approval for construction to begin. However, plans are afoot to forge ahead with construction of the facilities when the approval is granted. The […]
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 […]
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 […]
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 […]
The Government is moving to review the Securities Industry Act of 1998, in wake of complaints from major private sector companies about trading on the Guyana Stock Exchange. Attorney General Anil Nandlall has announced that President Irfaan Ali has instructed the review, with the hope of a modern piece of legislation being developed. The Act […]
Local telecommunications giant, GTT, has signed a partnership agreement with Guyanese Cricketer, Shamar Joseph. The young fast bowler shot to fame recently and won the hearts of the international cricketing world after he led the West Indies Cricket Team to victory in a test match against Australia back in January. GTT’s Chief Commercial Officer, […]
Guyana’s oldest private sector organisation, the Georgetown Chamber of Commerce has written to the US EXIM Bank in a lobbying effort to get the bank to approve the Guyana Government’s request for a US$660 Million loan facility to support the gas to energy project. In the letter signed by the President of the GCCI, Kester […]
By Svetlana Marshall President of ExxonMobil Guyana, Alistair Routledge today said moves by Guyana to strengthen its bilateral relationship with countries such as the United States in the area of defense and security augurs well not only for the country, but also for the entire western hemisphere, as it takes up its place as a […]
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