Business

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 […]

Banks DIH workers to get 11% salary increase for 2024

Local conglomerate, Banks DIH Limited has signed a three-year agreement with the General Workers’ Union (GWU) for the company’s workers to receive an 11% salary increase for 2024, and within a three-year-period, wage increases totaling 25%.  The signing took place at the Ministry of Labour in Georgetown in the presence of the Chief Labour Officer […]

One Communications company teams up with Health Ministry and NGOs for Pinktober 2024

Under the theme ‘Many Hearts, One Fight,’ One Communications together with the Ministry of Health launched Pinktober 2024 as part of their mission to raise awareness and generate much needed funds to support the fight against cancer across Guyana. The launch took place this morning at the Pegasus Corporate Centre.  One Communications Director of Brand […]

Guyanese likely to benefit from development of Suriname’s first offshore oil project

The Suriname-Guyana Chamber of Commerce (SGCC) is optimistic that Guyanese will benefit significantly from the development of Suriname’s first offshore oil project – GranMorgu – pegged at US$10B. In a statement on Wednesday supporting the Final Investment Decision (FID) by TotalEnergies, APA Corporation and Staatsolie for the development of the GranMorgu Project in Block 58, […]

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