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Business

Guyana Shorebase paid US$18 million for Houston wharf- Nandlall says in court papers

Attorney General Anil Nandlall says Guyana Shorebase Inc. paid US$18 million for the plot of land at Houston, East Bank Demerara. He says the transported land was bought in 2019 for US$18 million is equivalent to almost GYD$4 billion. Mr. Nandlall’s disclosure in court papers was made to compare the price of GYD$200 million (US$921,658) that he says BK Marine ...

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Suriname-headquartered bakery gets US$4 million loan to expand operations in Guyana

The Inter-American Development Bank’s private sector arm, IDB Invest, will be kneading US$4 million into Fernandes Guyana Enterprise (FGE), a subsidiary of the Suriname-headquartered Fernandes Group as the company eyes increased spending and more customers with different tastes. “This will lead to higher and more efficient local production of bread products, which are an essential part of the Guyanese diet, ...

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Taiwan to open office in Guyana; US welcomes move, Guyana says One China policy intact

Guyana has granted permission to Taiwan to open an office in Georgetown to facilitate trade and investment, but government has assured that the South American nation’s One China Policy remains intact, Permanent Secretary of the Ministry of Foreign Affairs Ambassador Elisabeth Harper said Wednesday night. “Guyana has not recognised Taiwan as a State. We continue to accept the One China ...

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Pressurised air kills Edward B. Beharry supervisor

A  supervisor of Edward B. Beharry died yesterday after he was struck by pressurised air from a pressure tank, and the Ministry of Labour has since been informed, the company said. Police say 32-year old Mark Gomes of Long Pond, Sister’s Village, West Bank Demerara was struck to his face and tossed to the ground shortly before 6 PM yesterday. ...

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Guyana to get 104,000 doses of AstraZeneca COVID vaccines

Guyana will be getting more than 100,000 doses of the coronavirus vaccine produced by AstraZeneca, Health Minister Dr. Frank Anthony said Monday. Health Minister Dr. Frank Anthony made the disclosure in an update through the government’s Department of Public Information.  He said the vaccines would be provided through COVAX, a global pooled procurement mechanism, that seeks to ensure fair and ...

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Shorebase worker killed at worksite

The Ministry of Labour says it is investigating an accidental death at a shore base  work site at Houston, East Bank Demerara. Minister of Labour Joseph Hamilton confirmed that the company reported the death as required by law and that officers from his ministry were dispatched to investigate the causes. The minister says he could not immediately confirm the age and ...

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Name of new trawler licensee finally released

The Ministry of Agricultute on Monday finally released the name of the new trawler licensee, weeks after repeated calls had failed. Governmenr said the disclosure was made “in order to demonstrate the Government’s commitment to transparency and accountability.” He is Rampersaud Sookhdeo, La Jalousie, West Coast Demerara. The Agriculture Ministry said records indicate that Mr. Sookhdeo has been in the ...

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Owners of intercepted Guyanese fishing vessels say Coast Guard not stopping Venezuelan illegal fishermen

The owners of the two Guyanese fishing vessels that up to Sunday afternoon continued to be detained  by the Venezuelan Navy have accused the Guyana Defence Force (GDF) Coast Guard of doing little to stop Venezuelans from fishing illegally in Guyanese waters. “They are not doing anything. All they do is sleep whole day,” said Kumar Lallbachan, the owner of ...

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