By News Source Guyana on November 22, 2024
Business, News, Politics
The Government is putting businesses involved in selling expired goods and altering expiration dates on products on notice, and is warning them of severe penalties they will face once caught in the act. On Thursday, Vice President Bharrat Jagdeo expressed worry that the business of selling expired goods has now grown into an industry in […]
By News Source Guyana on November 15, 2024
Business, Caribbean & International, News
LIAT (2020) Airlines has received the all clear from the Guyana Government and will be touching down next Tuesday at the Cheddi Jagan Airport to begin its new scheduled service to Guyana. The airline will be operating flights between Guyana and Antigua with connections to other destinations. In a statement, the airline said the new […]
By News Source Guyana on November 15, 2024
Business, News, Politics
GuyExpo 2024 opened last evening at the Sophia Exhibition Complex with President Irfaan Ali explaining that the Government has offered critical financial support to some 4,000 Small and Medium-sized Enterprises (SMEs) to the tune of $1 Billion over the past four years. The President said in addition to the injection of finances into SMEs, the […]
By News Source Guyana on November 14, 2024
Business, News
Guyana’s largest trade fair and exposition, GuyExpo is opening this evening at the Sophia Exhibition Complex with more than 300 exhibitors being featured. The event is bringing together scores of businesses and organisations to showcase their products and services. Communications Manager at the Ministry of Tourism, Industry and Commerce, Courdel McClure said this year’s event […]
By News Source Guyana on November 14, 2024
Business, Crime, News
The Guyana Police Force launched its 2024 Christmas Policing programme this morning, with a plan that will see an increase in Police deployment and patrols at shopping areas, downtown Georgetown, commercial banks and nightspots across the country. Explaining this year’s Christmas Policing strategy, Crime Chief, Wendell Blanhum said the strategy is geared to ensure zero […]
By News Source Guyana on November 14, 2024
Business, News, Politics
With the sugar industry bleeding billions of dollars in losses as sugar production remains a record low, President Irfaan Ali has expressed confidence that the Guyana Sugar Corporation (GUYSUCO) can make a come back. In a television interview last evening, the President said there is no question that the industry could be made viable again. […]
By News Source Guyana on November 13, 2024
Business, News, Politics
The Guyana Power and Light (GPL) company today signed a contract with the Joint Venture, Karpowership Global DMCC & UCC Energy International LLC JV for the rental of a second Power Ship. The additional power ship comes with a total installed capacity of 75 Megawatts (MWs) and the contract is for a period of two […]
By News Source Guyana on November 13, 2024
Business, News
Two Certified Public Accountants have vowed to take legal action against the Institute of Chartered Accountants of Guyana (ICAG) over the recent suspension of their license and membership. The two, George Vaughn of Vaughn Business Solutions, and Andre Davis of AMD Financial Services are contesting their suspension. Vaughn is challenging the suspension of his ICAG […]
By News Source Guyana on November 13, 2024
Business, News, Politics
ExxonMobil Guyana today announced that along with its Stabroek block co-venturers, Hess and CNOOC, they have reached 500 million barrels of oil produced from Guyana’s offshore Stabroek block. In a statement, the company said their industry-leading pace of development enabled the production milestone less than five years after Guyana became an oil-producing nation. ExxonMobil Guyana President, […]
By News Source Guyana on November 11, 2024
Business, News, Politics
Senior Minister with responsibility for Finance, Dr Ashni Singh today said regional and international companies are not obligated to form local partnerships when doing business in Guyana, but added that it is highly encouraged as a way to boost local content. The Finance Minister made the statement this morning while addressing a trade delegation from […]