Business

Government and Opposition trade blame over current state of GuySuCo and sugar industry

The state of the sugar industry came into sharp focus in the National Assembly again this morning as Agriculture Minister, Zulfikar Mustapha and Opposition Member of Parliament, Vinceroy Jordan squared off over the collapse and management of the sugar industry with Mustapha declaring that the failure of the industry started under the previous APNU+AFC government, […]

Guyana’s public debt surpassed US$5.9 Billion in 2024

Guyana’s Public debt skyrocketed last year, mounting to US$5,993 Billion, Finance Minister Dr. Ashni Singh has revealed. During the budget presentation last Friday, Dr. Singh explained that external Public and Publicly guaranteed (PPG) debt reached US$2.2 billion by the end of 2024, while domestic PPG debt rose to US$3.7 billion. At mid year, the country’s, […]

Air Canada to begin Georgetown-Toronto flights next year

Award winning Canadian Airline, Air Canada, has announced plans to begin service to Guyana in 2025. In a statement today announcing its expansion plan for the new year, the airline stated that it will operate schedule non-stop service between Toronto and Georgetown. According to the airline, the expansion to Guyana, is part of its aim […]

Papa John’s to open first Guyana location on Monday

Popular American pizza chain, Papa John’s will open its first location in Guyana on Monday, 16th December at the corner of Vlissengen Road and Garnett Street. In a statement this morning, Restaurant Brands Holdings Incorporated of Guyana, announced its acquisition of exclusive franchise rights for Papa John’s in Guyana, Suriname, Curacao, and Aruba. The company said […]

Guyanese incorporated company planning chartered flights to Europe and North and South America

Guyanese incorporated company, Jet Global Services Guyana, today announced the launch of its chartered international flight operations, connecting Guyana to Europe, North America, and South America. The new charter service is set for take off in July 2025. In a statement, Jet Global Services said the groundbreaking initiative marks a significant milestone in positioning Guyana […]

Guyana and South Korea ink Air Services Agreement

With the aim of facilitating access to airlines to operate between the two countries, Guyana and South Korea have signed an Air Services Agreement to enhance air connectivity. The agreement was signed by Minister of Public Works, Juan Edghill and South Korea’s Ambassador to Guyana, KIM Jinhae. In a statement, the Public Works Ministry explained […]

More than 2000 small business owners have benefited from improved training -Commerce Minister

Minister of Tourism, Industry and Commerce, Oniedge Waldron, believes that due to the Government’s interventions, small businesses across the country have been experiencing increased growth and expansion, to the point that a number of them are now being engaged in exports. At a press conference, the Commerce Minister said increased financing and training especially by […]