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The 44th Regular Meeting of CARICOM Heads of Government got underway last evening in Nassau, Bahamas, and even as regional leaders are meeting to discuss the progress made since their last meeting, a number of new issues, as well as old ones are confronting the region. Central among those issues is the instability in Haiti, […]
The National Intelligence and Security Agency (NISA) will be intensifying its border patrols this year as oil and gas activities ramp up offshore Guyana, Governance Minister, Gail Teixeira has announced. The agency’s budget for 2023 was increased by more than $100 million, prompting Opposition Member of Parliament, Ganesh Mahipaul to inquire about the hefty increase. […]
President Irfaan Ali is of the view that the Caribbean’s Financial Sector must do more to mobilize capital to fill the region’s financial gaps. He made the statement today as he addressed the Jamaica Stock Exchange (JSE) Regional Capital Market Conference. Alluding to a recent report by the President of the Caribbean Development Bank (CDB), […]
Opposition Member of Parliament, Senior Counsel Roysdale Forde has warned the government not to ignore signs of what appears to be a resurgence of execution style killings in Guyana. During his contribution to the 2023 budget debate, Mr. Forde said that the reappearance of street executioners and extrajudicial killings is symptomatic of socio-economic decay in […]
Leading one of the largest Ministerial Trade Missions to ever visit Guyana from Jamaica, the islands’s Minister of Industry, Investment and Commerce, Aubyn Hill said the more than 45 businesses that form part of his delegation stand ready to build partnerships with local companies as they seek to cash-in as Guyana experiences unprecedented economic growth. […]
At a time when the average growth rate across the world is projected to decline sharply to 1.7% this year, Guyana’s economy is expected to grow by 25.2% in 2023, according to the World Bank. According to the banks’s Global Economic Prospects report, growth in Latin America and the Caribbean is also expected to decline […]
34-year-old Guyanese swimmer, Robert Taylor who was on vacation in New Jersey, lost his life on Monday morning when he was mowed down by a car while using a pedestrian crossing. Police responded to a report of the crash at around 7 a.m. at the in the Freehold town in New Jersey. According to media […]
Low-cost Dominican Republic based airline, Arajet is expected to apply soon to the Guyana Civil Aviation Authority to begin serving the Guyana market. Officials at the GCAA have told News Source that while an application has not yet been filed by the airline, requests have been made about the application process and requirements for service […]
Prime Minister of St. Vincent and the Grenadines, Dr Ralph Gonsalves has been bestowed with Guyana’s second highest national award, the Order of Roraima. Dr. Gonsalves is currently in Guyana on an official four-day visit. During a reception in his honour at the official residence of President Irfaan Ali on Tuesday night, the award was […]
Guyana’s Oil Sector is expected to expand by 113% by the end of 2022 while its non-oil economy is projected to have a better-than-expected turnout of 9.6% as against the 7.7% growth projected at the start of the year. The Inter-American Development Bank (IDB) made the disclosures in its quarterly report which was released on […]
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