By News Source Guyana on October 2, 2024
Business, Caribbean & International, News
The new LIAT 2020 airline’s application to begin operating in Guyana is expected to be sent to the Cabinet within the coming weeks for approval. The new airline, which was formed following the collapse and closure of LIAT 1974, is already serving a number of Caribbean destinations and has been eyeing a number of other […]
By News Source Guyana on October 1, 2024
Business, News
The Sol Group has announced that it has signed an agreement with ExxonMobil to become Exxon’s licensee for the use of the Mobil brand in its network of service stations in Guyana. The move took effect from today. According to the company, as part of the operation, Sol’s retail network of 11 service stations will […]
By News Source Guyana on September 25, 2024
Business, Crime, News
The Government as well as small and large businesses are losing out on billions of dollars annually in revenue due to the smuggling of goods, alcohol, poultry and other items, Chairman of the Private Sector Commission, Komal Singh complained today. Speaking at a PSC organised seminar on illegal trade, Mr. Singh said Guyana has been […]
By News Source Guyana on September 22, 2024
Business, News
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re going to focus on one of the most important, yet often misunderstood, financial tools in business—the cash flow statement. If you’re an entrepreneur, understanding your cash flow is crucial to keeping your business afloat and planning for future growth. Whether you’re running […]
By News Source Guyana on September 13, 2024
Business, News
With the iTel company announcing its plans to completely shut down its Guyana operations in November, the Labour Ministry has started to engage the company to ensure the more than 400 workers to be laid off are treated correctly and in cases where severance packages have to be offered, those packages are offered. Labour Minister, […]
By News Source Guyana on September 11, 2024
Business, News
The Guyana Energy Conference has announced the launch of its EnergyEcho mobile application, which has been described as a “cutting-edge” platform that provides industry updates for the oil and gas sector, as well as insights from the Energy Perspectives podcast. The EnergyEcho App, which was designed by V75 Incorporated offers perspectives on international issues, as […]
By News Source Guyana on September 10, 2024
Business, News
Just four years after setting up its massive customer call centre in Guyana, the Itel company is preparing to hang-up its operations in the country, leaving hundreds of workers on the breadline. In an internal message to staff members today announcing the closure plans, the company explained that it was forced to make the decision […]
By News Source Guyana on September 8, 2024
Business, News, Opinions
By Rennie Parris Welcome back to Talking Dollars & Making Sense. Today, we’re unraveling the mysteries of the Balance Sheet—a fundamental financial statement that every entrepreneur should understand. Whether you’re starting out or looking to expand your business, grasping the Balance Sheet is crucial for making informed decisions. We’ll use real examples from Demerara Distillers […]
By News Source Guyana on September 6, 2024
Business, News
GTT has transformed into ONE Communications, which is the new brand that brings together all of the company’s services while pushing its commitment to customers. At the launching last evening, Chief Executive Officer, Damian Blackburn explained that the rebranding to ONE Communications is the culmination of a journey that began in 2021. The company’s Chief […]
By News Source Guyana on September 3, 2024
Business, Caribbean & International, News, Politics
The 2025 edition of the Guyana Energy Conference and Supply Chain Expo was launched this morning with a plan to present Guyana as more than just an oil and gas country, but rather as a country that can facilitate growth in a number of other industries. Speaking at the launch, Chief Executive Officer of the […]