Finance

Bank account holders benefiting first from cash grant; Others to follow -Finance Minister assures

With rising complaints across the country about some of the difficulties being faced by some citizens as they register for the $100,000 cash grant, Minister responsible for Finance, Dr. Ashni Singh, today said efforts are being made to assist those facing difficulties. He said already in a number of communities, persons have been dispatched to […]

French Ambassador pushes for improved trade relations with Guyana, but admits to connectivity hurldle

The French Ambassador to Guyana, Olivier Plançon, believes significant opportunities for trade and investment between Guyana and France exist, but trade remains limited due to a number of challenges. He pointed to opportunities in the areas of Commerce, Agro-processing, Energy, Health, Tourism, Technology and Innovation among other critical sectors, but connectivity appears to be a […]

Site preparation works begin for developement of Monarch Bay in Ogle; Citizens Bank financing major investment

Business couple, Clairmont and Iman Cummings, have launched Monarch Bay through their company, Monarch Group. The new business venture will see the construction of a waterfront community that will offer a vision for modern a modern lifestyle. Monarch Bay will be developed and built in the Ogle community, and according to the couple, it reflects […]

Change in market conditions among key factors forcing closure of Stabroek News -Editor in Chief

Editor-in-Chief of the Stabroek News, Anand Persaud today said a change in market conditions is among key factors that influenced the decision to close the newspaper with effect from March 15. For almost four decades, Stabroek News has played a key role in Guyana’s media landscape. In an interview with Prime News today, Mr. Persaud […]

PSC wants reduced taxes, incentives for businesses and provisions for migrant workers in Budget 2026

Chairman of the Private Sector Commission (PSC), Captain Gerry Gouveia Jr has indicated that the Commission is currently compiling its 2026 National Budget proposal for submission to the Government based on consultation with its members. He said in general, the Private Sector Commission will be pushing for tax reduction and incentives for businesses in addition […]

Financial Intelligence Unit notes increase in suspicious financial activities related to fraud in 2024

The Financial Intelligence Unit is reporting an increase in suspicious transactions last year, when compared to 2023. The majority of those transactions are related to fraud. According to Section 18(4) of the Anti-Money Laundering Act, a reporting entity such as a bank or a financial institution must send suspicious transactions to the FIU whenever it […]

President issues strong warning against gold smuggling and under-declaration

President Irfaan Ali used the stage of the opening of Guyana’s largest trade exposition, GUYEXPO, on Thursday night to send a warning against gold smuggling and gold under-declaration. There have been growing concern over reports of gold under-declaration, gold smuggling and illegal gold mining in Guyana. It is suspected that many in the gold mining […]

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