Business

PNC/R Executive Mr. Lawrence ‘Larry’ London, benefitted from a GYD$23 million contract to print passports and birth certificates on behalf of the then Ministry of the Presidency (MoTP). Minister of Parliamentary Affairs and Governance, Hon. Gail Teixeira, made this disclosure on Monday during consideration of the estimates for Citizen and Immigration Services under MoTP for 2020. Mr. London signed the ...

The Guyana Telephone and Telegraph Company (GTT) says it restored landline services to customers in Region 3 on Sunday, completing underwater repairs ahead of schedule. On Sunday evening, the company announced the full restoration of telecommunication services to the area, days earlier than anticipated. On September 8, 2020 suspected sabotage to a fiber-optic cable belonging to GTT impacted over 25000 customers ...

President Irfaan Ali on Monday said  government would only accept the Cheddi Jagan International Airport (CJIA) expansion works, as they were outlined in the original contract. The Head of State made this assertion during a meeting with the Chinese Ambassador, Cui Jianchun and representatives of China Harbour Engineering Company (CHEC), the Project Consultant and the Project Manager, which was held ...

Prime Minister Mark Phillips said a law would be be drafted to protect electronic information being provided by citizens to the government and money has been already set aside to do this in the 2020 National Budget. “The policy work would continue through the end of this year with the development of draft legislation and explanatory memoranda for ever increasing ...

Even as United States Secretary of State Mike Pompeo stressed that State-owned enterprises are not the best fit for development, President Irfaan Ali said a deal with the United States to promote the private sector does not lock out China’s investments through the Belt and Road Initiative. “There is no counter to anything. We are open to investment all over. ...

The Guyana Water Incorporated (GWI) owes the Guyana Power and Light (GPL) owes GYD$7 billion over the past two years and the power company hopes that the now more than one-month old Irfaan Ali-led administration would help to pay off some of that debt, a senior GPL official said Thursday. GPL’s Divisional Director of Finance Loris Nathoo told a Public ...

The Food and Agriculture Organisation (FAO) is funding a GYD$6 million study on whether it is feasible for Guyana to establish a Consolidated Log Yard (CLY) from which only legally produced timber would be sold on the local and international markets. “The establishment of any CLY should have as its intended purpose to improve growth within the forestry sector in ...

Technicians of the Guyana Telephone and Telegraph Company (GTT) were Wednesday working feverishly to restore Internet, landline and mobile phone services to the West Coast Demerara, a company spokeswoman said. She said the service has been down since 8 O’clock Tuesday night. The telecommunications company said it suspects sabotage of the submarine cable between Craig, East Bank Demerara and Vriesland, ...

ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent barrels on the Stabroek Block, a development that has been welcomed by the Guyana government. “Our Stabroek Block exploration program continues to identify high-quality reservoirs in close proximity to previous discoveries, establishing ...

Police Monday night fired teargas and pellets to disperse people on the West Coast Berbice public road, saying that two days of protests against the barbaric killing of two cousins have descended into robberies and other attacks on innocent people. “After several hours of the roadway being blocked, the police had no alternative but to take all necessary action to ...