Business

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, […]

Talking Dollars & Making Sense: Navigating Business Loans with Credit Unions

By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re going to discuss a topic that’s crucial for entrepreneurs looking to finance their business—loans. Whether you’re starting a business or trying to grow an existing one, securing the right type of loan can make all the difference. In this column, we’ll focus […]

Agriculture Information System launched

The Ministry of Agriculture has launched the Agriculture Information System (AIS), which will be used to gather, analyze, and disseminate agricultural data in real-time. Once operational, the new system will allow farmers, extension officers, and media personnel to access real-time information on agriculture. During the launching on Monday, Agriculture Minister, Zulfikar Mustapha, noted that the […]

Talking Dollars & Making Sense: Navigating the World of Small Business Loans 

Welcome back to Talking Dollars & Making Sense. Today, we’re tackling a topic that’s critical for entrepreneurs in Guyana who are looking to grow their businesses: small business loans. Whether you’re just starting out or trying to expand, understanding how business loans work is key to making smart financial decisions. We’ll break this down in […]

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