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Suriname’s national airline, Surinam Airways has announced that it will begin schedule flights between Guyana and Barbados from the 20th December. In a statement, Surinam Airways announced that as part of an expansion plan, it will be rolling out a number of new destinations and additional routes. The Georgetown-Barbados service will operate twice per week, […]
By Svetlana Marshall The Managing Director of the London-based, Caribbean Council, Chris Bennet believes “immense” progress has been made in reducing barriers to trade between Guyana and the United Kingdom (UK). The Caribbean Council has been working to build trade and investment between international companies and their Caribbean partners. “I think that there has been […]
The Guyana Manufacturing and Services Association (GMSA) intends to push for more development and support in the manufacturing sector when it hosts “Impak Manufacturers’ Summit” in March 2024. GMSA President, Ramsay Ali said the summit will address rapid developments in the Manufacturing and Services Industries as Guyana moves to address its energy deficiency with the […]
Vendors who operate on the pavement outside the Muneshwers Store on Water Street will likely have to pack up and remove from the area by the 15th January 2024. The Georgetown City Council was recently ordered by the Court to remove all encumbrances from outside the store. City Mayor Alfred Mentore met with the affected […]
The ExxonMobil company announced this morning that it has started production at Payara, which is Guyana’s third offshore oil development on the Stabroek Block. With production beginning at Payara, total production will now increase to 620,000 barrels of oil per day. Exxon announced that The Prosperity floating, production, storage and offloading (FPSO) vessel is expected […]
The Private Sector Commission (PSC) is heaping praise on President Irfaan Ali and his Government for adjusting the salary scale for graduate teachers and offering the one-off $25,000 bonus to public servants and pensioners. In a Statement, the PSC said the increase in disposable income is seen as a positive development for the economy, and […]
The Guyana Public Service sees the $25,000 bonus for public servants to assist with the cost of living as insensitive and an insult. In a release, the GPSU said the announcement by the President was arbitrary and insensitive in light of the astronomical increases in the cost of living. During his address, Preaident Ali also […]
The Vreed-en-hoop Shorebase Inc. saw the docking and offloading of the first commercial vessel at its shorebase facility, at the newly constructed man-made island. The docking of the vessel was also celebrated as it was registered as the longest vessel, at over 190 meters, to ever enter the Demerara River Channel. Additionally, with a cargo […]
The Government is giving the assurance that the Guyana Power and Light Company will be able to meet the current demand for electricity when it commissions the 17 power generating sets that are on their way to Guyana from the Dominican Republic. The generators, valued at US$27M, will generate 28.9 megawatts of electricity. According to […]
The Georgetown Chamber of Commerce and Industry (GCCI) has broken its silence on the ongoing electricity problems across the country and today registered its dissatisfaction with the spate of power outages that have gripped the country over the past few weeks. In a statement, the private sector body expressed its ‘profound disappointment’ over the frequency […]
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