By News Source Guyana on August 20, 2023
Business, Caribbean & International, News
Regional carrier, Caribbean Airlines was forced to cancel over two dozen flights on Sunday across its destinations, as many of the airlines’ pilots did not report for duty. While the airline has officially described the reason behind the cancellations as “cockpit crew constraints”, it is suspected that the pilots have quietly started a protest action […]
By News Source Guyana on August 18, 2023
Business, News, Politics
Guyana continues to receive an increasing number of proposals for the construction of oil refineries in the country, but according to Vice President Bharrat Jagdeo, the country only has capacity for a single refinery. “We don’t have the capacity for two refineries. There will be, if that project goes forward, the one refinery,” the Vice […]
By News Source Guyana on August 16, 2023
Business, News, Politics
–by Svetlana Marshall– Warning that Guyana could be heading down a dangerous path, Opposition Member of Parliament, David Patterson said any mishandling of the wide-ranging powers reposed in a single person under the just passed Petroleum Activities Bill could negatively impact the development of the country’s Oil and Gas Industry. “It is unwise, it is […]
By News Source Guyana on August 10, 2023
Business, News, Politics
The Petroleum Activities Bill was passed in the National Assembly this morning after more than seven hours of debate. The National Assembly pulled an all nighter as it dealt with a number of bills before heading into its August recess. Minister of Natural Resources, Vickram Bharrat, in defending the Petroleum Bill, said it comes at […]
By News Source Guyana on August 10, 2023
Business, News, Politics
The Guyana Public Service Co-operative Credit Union has announced that it will be hosting a Special General Meeting on September 10 to elect a new Committee of Management in line with decision of the High Court last year. In a Notice issued by Acting Chairman of the Credit Union, Patrick Mentore, the Special General Meeting […]
By News Source Guyana on August 4, 2023
Business, News, Politics
The National Assembly passed the Electronic Communications and Transactions Bill late on Thursday night, with the Opposition underscoring the importance of the legislation, while expressing a number of concerns relating to the process of authenticating signatures in digital transactions. The legislation is intended to fast track the implementation of e-Government services, while significantly improving the […]
By News Source Guyana on July 25, 2023
Business, News
Local telecommunications company, GTT with its Business Solutions department, is partnering with the Georgetown Chambers of Commerce & Industry (GCCI) on the second edition of National Small Business Week (NSBW). As part of the Small Business Expo, GTT has announced that it will select 30 small businesses and provide a platform for them to showcase […]
By News Source Guyana on July 21, 2023
Business, News, Politics
While brushing aside reports of the President and the PPP’s closeness to the Mohameds family, that is reportedly under investigation for gold and drug smuggling by the US Authorities, Vice President Bharrat Jagdeo has revealed that the Government of Guyana discontinued the use of a US lobbying firm after it found out that the Mohameds […]
By News Source Guyana on July 17, 2023
Business, News, Politics
Leader of the Opposition, Aubrey Norton has condemned the move by the Government to import chicken from neighbouring Brazil to meet the local demand. Addressing a crowd of supporters at Stabroek Square on Sunday night, Mr. Norton said the move to the lift the ban on imported chicken could decimate the local Poultry Industry. “You […]
By News Source Guyana on July 11, 2023
Business, News, Politics
Guyana has recorded the highest inflow of Foreign Direct Investment (FDI) for the Caribbean in 2022, according to the Economic Commission for Latin America and the Caribbean. In 2022, Guyana benefitted from over US$4.3B in investments, the report found. It was noted that the figure represents a 1.5% reduction in Foreign Direct Investment in Guyana […]