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Monthly Archives: June 2018

Barbadian ship to purchase Guyana’s produce

Last Updated on Tuesday, 5 June 2018, 6:54 by Denis Chabrol Reproduced from Barbados Nation by Sherrlyn Toppin MY MID-JUNE, the schooner Ruth should be making its maiden voyage to Guyana to purchase the first set of produce and possibly seafood for sale on the local market. For almost a decade, the massive vessel was a landmark behind the old ...

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Hundreds of shrimp processing workers to be laid off

Last Updated on Tuesday, 5 June 2018, 8:06 by Denis Chabrol More than 300 workers of the privately-owned BEV Enterprises will be laid off next month, leaving them with few choices to earn a daily living. A number of the workers said their last day of work will be July 15, 2018. At least 17 trawlers owned by individuals and ...

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Granger floats idea of “social compact”, tells GPSU time for confrontation is over

Last Updated on Monday, 4 June 2018, 17:23 by Denis Chabrol President David Granger raised the possibility of a “social compact” as part of wider call for greater cooperation between government and the Guyana Public Service Union (GPSU). “We need to establish among ourselves some form of social compact, particularly between the State and the servants of the State. We ...

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Bandits cart off GY$13 million worth raw gold, shoot security guard at interior mining camp

Last Updated on Sunday, 3 June 2018, 18:12 by Denis Chabrol Armed, masked foreign language-speaking bandits shot and injured a guard before carting off 50 ounces of raw gold worth GY$13 million, two guns and other items from a gold mining camp at Black Water Backdam, Cuyuni River, police sources said. Investigators said when the bandits opened fire, the guard ...

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Virtually incident-free gay pride parade held in Guyana to demand election promises

Last Updated on Saturday, 2 June 2018, 21:55 by Denis Chabrol Guyana held its first gay pride parade, with the country’s gay rights activists accusing the three-year old government as well as the opposition of breaking their election campaign promises to outlaw discrimination against vulnerable groups. “We are saying enough of the rhetoric, enough of the promises. It is time ...

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NICIL launches GY$30 billion fixed rate bond to raise money for ailing GuySuco

Last Updated on Saturday, 2 June 2018, 22:43 by Denis Chabrol The National Industrial and Commercial Investments Limited (NICIL) officially issued a US$ 150 million equivalent bond facility, arranged by Republic Bank Limited exclusively through its Investment Banking Division, the holding company for government’s assets said in a statement. The local law firm London House Chambers, headed by Devindra Kissoon,  ...

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Assessment team heads to collapsed South Rupununi bridge; road users to be held “accountable”

Last Updated on Saturday, 2 June 2018, 13:57 by Denis Chabrol The Ministry of Public Infrastructure on Saturday deployed a team to the South Rupununi to assess damage to a key bridge that collapsed under the weight of a flatbed truck that was carrying an excavator. The assessment would focus on the “severity of the damage and cost to rehabilitate ...

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GBTI promotes early saving habits – awards Early Savers

Last Updated on Saturday, 2 June 2018, 14:26 by Denis Chabrol The Guyana Bank for Trade and Industry (GBTI) has said it continues to promote savings especially among youths, and gives an incentive to those already doing so to encourage others to join the bank;s Early Savers Club. “GBTI continues to promote savings. The bank believes that an early start ...

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