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Guyanese businesses are being urged to take advantage of a £3 Billion financing facility available through UK Export Finance (UKEF). Senior Minister responsible for Finance, Dr. Ashni Singh, has explained that the facility represents a significant opportunity for companies seeking to expand their operations and invest in new equipment and technology. Speaking during a private […]
Finance Minister, Dr. Ashni Singh has reported that both the unemployment rate and youth unemployment rate have been reduced by more than half, owing to the massive expansion in various sectors, especially the construction and services sector. Speaking at the opening of the National Skills Forum this morning, the Dr. Singh said more than 104,000 […]
Massy Guyana has turned the sod for a US$75 million hub at Houston on the East Bank of Demerara. The multi-million developmental project includes the construction of a state-of-the-art warehouse, and a Massy Motors Dealership and Service Centre. At the symbolic sod turning ceremony, President and Chief Executive Officer of Massy Group, James McLetchie, said […]
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 […]
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 […]
As the Government prepares for the launch of the Guyana Development Bank, it will move to the National Assembly with legislation to govern the operation of the financial institution. At a press conference on Friday, President Irfaan Ali told reporters that the Bill for the Guyana Development Bank is expected to be laid before the […]
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 […]
By a majority decision, the Full Court has dismissed the appeal by Demerara Bank in the case of the bank closing the accounts of a number of candidates of the WIN party. The High Court had earlier ruled that there was an established case against the Bank and that the Bank should file a defence. […]
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 […]
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 […]
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