Business

Caribbean Airlines promises more expansion as Guyana-Suriname non-stop service begins

Regional carrier, Caribbean Airlines launched its much touted non-stop service between Guyana and Suriname on Sunday and is promising more expansion and connections to other destinations. Caribbean Airlines Country Manager for Guyana and Suriname, Renata Marshall, noted that the airline has been growing steadily and Guyana has been benefiting from that growth with increased frequency […]

Chamber of Commerce calls for urgent action against counterfeit and expired goods on the market

The Georgetown Chamber of Commerce and Industry has noted an increase in the number of counterfeit, expired and inappropriately labelled goods in the market place, and is also worried about the non-compliance to Guyana’s laws and regulations by retailers and supermarket owners. In a statement, the Chamber of Commerce issued a call on the Bureau […]

Courtyard by Marriott Hotel near CJIA to be completed next year

The US$20 million Courtyard by Marriott Hotel is now expected to be completed by the end of the first quarter of 2025. This morning, President Irfaan Ali and Prime Minister Mark Phillips visited the construction site of the multi-million-dollar hotel, and were given a tour of the six-storey building, which is under construction at Timehri […]

Talking Dollars & Making Sense: Creating Business Opportunities with your Cash Grant

by Rennie Parris In an exciting move, the Government of Guyana has announced that every adult citizen will receive a $100,000 cash grant. While this grant could be spent on immediate needs, it also offers an incredible opportunity for people to pool their resources and build businesses that could lead to long-term financial stability. Imagine […]

New AIDEN by Best Western Hotel opens its doors as major boost to Guyana’s tourism product

The newly constructed AIDEN by Best Western Hotel, officially opened its doors on Saturday evening in the heart of Georgetown, standing majestically at the corners of Oronoque and Robb Streets. The nine-story tall hotel boasts 138 rooms and a number of dining and other facilities. Construction work on the hotel began in 2021. Hotel Director, […]

Cash grant should be for every “resident” Guyanese and those 18-years as at December 2024 -Former Finance Minister

Economist and Former Finance Minister under the APNU+AFC Government, Winston Jordan, believes President Irfaan Ali and his Government need to be explicit about eligibility for the $100,000 per adult Guyanese cash grant, now that they have taken his suggestion onboard for the grant to be given to every adult Guyanese instead of every household. During […]

Deepwater port to significantly enhance Guyana’s role to become major shipment point in the region -says Pres. Ali

The Guyana Government is eyeing the construction of a deepwater port, a project which President Irfaan Ali has said will significantly enhance the country’s role as a major trans-shipment point in the region. Addressing local and international delegates at the International Business Conference which is currently underway, the President explained that the proposed deepwater port […]

TotalEnergies Consortium among four oil companies accepting new PSA

The TotalEnergies Consortium, which includes Qatar Energy and Petronas, is among four companies that have accepted the new Production Sharing Agreement (PSA), the Ministry of Natural Resources has disclosed, while providing an update on the process of awarding eight of the country’s lucrative offshore oil blocks to the six successful bidders.  The International Group Investment […]

Chamber of Commerce calls for more training opportunities to address labour shortage

The Georgetown Chamber of Commerce and Industry has proposed the expansion of training opportunities available to Guyanese to address the issue of labour shortage in the country. In a statement, the Chamber of Commerce said having recognize that the country continues to grapple with a labour shortage, while navigating the need for a stronger Health, […]

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