Business

Citibank eyes supporting Guyana’s development objectives with opening of Representative Office

By Svetlana Marshall With a global footprint and a physical presence in more than 90 countries, including 19 in Latin America and the Caribbean, Citibank of the United States believes it is ideally positioned to help Guyana to achieve its development objectives, with opportunities in both the public and private sectors. Two months ago, Citibank […]

Sispro announces joint venture with Nigerian Energy Company ahead of signing PSA for awarded oil blocks

The women led Guyanese company that was awarded two oil blocks offshore Guyana, Sispro Inc, has landed a joint venture partnership with Nigerian-based Company Bono Energy Limited. Sispro has now indicated its readiness to sign the Production Sharing Agreement (PSA) with the Government of Guyana. Sispro was awarded a Shallow water block, and a Deepwater […]

Mini-bus Association President chides Works Minister over comments on fare increases; Calls for structured increase

President of the United Minibus Association, Eon Andrews said recent pronouncements by Works Minister, Juan Edghill about the increase in minibus fares is outside his remit, and argued that only Tourism, Industry and Commerce Minister, Susan Rodrigues can pronounce on the matter. During an appearance on the Road Safety and You programme on NCN, Mr. […]

French Ambassador pushes for improved trade relations with Guyana, but admits to connectivity hurldle

The French Ambassador to Guyana, Olivier Plançon, believes significant opportunities for trade and investment between Guyana and France exist, but trade remains limited due to a number of challenges. He pointed to opportunities in the areas of Commerce, Agro-processing, Energy, Health, Tourism, Technology and Innovation among other critical sectors, but connectivity appears to be a […]

Banks DIH celebrates International Gold Award for malt products

Guyana’s leading conglomerate, Banks DIH Limited, is celebrating several of its flagship beverage products being awarded the distinguished Monde Selection International Gold Quality Award, which is one of the world’s most respected independent product quality certifications. The award-winning products include Banks Beer, Classic Premium Lager Beer, Malta Supreme Coconut and Ginseng, Malta Supreme 0.0% and […]

Site preparation works begin for developement of Monarch Bay in Ogle; Citizens Bank financing major investment

Business couple, Clairmont and Iman Cummings, have launched Monarch Bay through their company, Monarch Group. The new business venture will see the construction of a waterfront community that will offer a vision for modern a modern lifestyle. Monarch Bay will be developed and built in the Ogle community, and according to the couple, it reflects […]

Guyana and St. Kitts-Nevis commit to cooperation in Security, Agriculture and Government Modernization

The Governments of Guyana and St. Kitts-Nevis have signed three Memoranda of Understanding, as the two CARICOM nations seek to deepen ties. The signing of the MOUs paves the way for the countries to strengthen their collaboration in Security, Agriculture and Food Security and Government modernization. On security, the MOU provides a framework for bilateral […]