Business

Government continuing efforts to attract new airlines to Guyana -Minister Edghill

With Surinamese-owned Fly Allways Airline launching its schedule service between Georgetown and Toronto, Minister of Public Works, Juan Edghill has announced that the Government of Guyana is continuing its efforts to get more airlines to join the Guyana skies with schedule services. Fly Allways will be operating twice weekly flights between Georgetown and Toronto via […]

Over $124 Billion withdrawn from Natural Resource Fund so far for this year

The Ministry of Finance has announced that the Government has withdrawn another G$41.6B from the Natural Resource Fund, pushing the total withdrawal for this year to G$124.8B. The Minister responsible for Finance said the money was transferred from the Natural Resource Fund to the Consolidated Fund to finance “national development priorities” in accordance with the […]

Fly Allways set to begin Georgetown-Toronto service next week

Suriname registered airline, Fly Allways is set to begin its new schedule service between Guyana and Canada next Tuesday. The airline will operate twice weekly flights, flying from Guyana on Mondays and Wednesdays. The flights from Canada to Guyana will be on Sundays and Tuesdays. In a statement, the airline said the flights will be […]

IDB report finds more Guyanese gaining access to financing from lending institutions

A report coming out of the Inter-American Development Bank (IDB) has indicated that more Guyanese are getting increased access to financing through commercial banks and other lending institutions. According to the “Global and Regional Economies at a Crossroad” report, private sector credit reached 17% in February and March this year before moderating slightly to almost […]

Cheddi Jagan Airport passes TSA audit with flying grade

The Transportation Security Administration (TSA) of the United States Department of Homeland Security has successfully audited the Cheddi Jagan International Airport (CJIA). In a statement, the Cheddi Jagan Airport indicated that the audit was conducted from July 31 to August 4 and was aimed at evaluating the security measures implemented at the airport, as well […]

US hopes to remain Guyana’s partner of choice, even with growing Chinese footprint -says Ambassdor Lynch

US Ambassador Sarah-Ann Lynch believes that it is clear that China’s footprint is undoubtedly growing in Guyana and the wider Caribbean, in a number of areas including the oil and gas sector, Information Technology and Agriculture. At her final press conference as US Ambassador to Guyana, Ms. Lynch said even as the country attracts investments […]

Mutual evaluation of Guyana’s anti-money laundering efforts set to begin Monday

Guyana’s Fourth Round of Mutual Evaluation by the Caribbean Financial Action Task Force (CFATF) will commence on Monday, 4th September. Starting next Monday, CFATF experts will assess Guyana’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime, including the country’s legal framework, and its levels of implementation. Significant attention will also be placed on […]

President assures GAWU that Government will not “walk away” from sugar

-by Svetlana Marshall- Declaring that the Government will not walk away from sugar, President Irfaan Ali declared today that his Administration is prepared to bring in experts from Guatemala and India to help with the management of the Guyana Sugar Corporation (GuySuCo). “We are talking with India, with Guatemala to find the technical support service […]