Business

Reproduced from Jamaica Observer KINGSTON, Jamaica — The Food Storage and Prevention of Infestation Division (FSPID), in the Ministry of Industry, Commerce, Agriculture and Fisheries (MICAF) says it has confiscated 70 metric tonnes (1,575 bags) of White Cinderella rice from Guyana due to high microbial content. The rice, valued at approximately $4.6 million, was imported from Guyana by a local ...

The Guyana Revenue Authority’s (GRA) enforcement agents on Wednesday intercepted a shipping container of liquor said to be valued at more than GYD$15 million which a local shipping agent declared as other items, GRA Commissioner-General Godfrey Statia said. Unofficial estimates, according to other sources, put the value of the undeclared liquor at as much as GYD$40 million. Investigators are working ...

Port of Spain, Trinidad. In the case of Chandra Ramotar Singh v Bhagwantlall Mossai and Alvin Alves, the Caribbean Court of Justice (CCJ) today held that two land titles obtained by Mr. Bhagwantlall Mossai and Mr. Alvin Alves should be cancelled because they were obtained by fraud. The appeal concerned land at Lot 14 Mortice, Mahaicony River in Guyana. Although ...

The Director of Energy, Dr. Mark Bynoe, Wednesday morning announced that ExxonMobil has made its 11th and 12th discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells in the southwest section of the Stabroek Block. “This continues to be positive news for the people of the Co-operative Republic of Guyana, but the real substance of these finds will come when ...

Attorney General Basil Williams has filed an appeal against Chief Justice Roxane George-Wiltshire’s decisions in which she found that the no-confidence motion was validly passed and the President and Cabinet ought to have resigned immediately. Williams, who named House Speaker Dr. Barton Scotland and Opposition Leader Bharrat Jagdeo as the respondents, said the Chief Justice “erred and misdirected herself in ...

The Ministry of Finance and The Guyana Oil Company Limited on Sunday announced a “significant reduction” in prices for gasoline and diesel fuel because they are being purchased cheaper. Starting tomorrow February 4th, Super 95 gasoline will be wholesaled at $208.00 per litre or 4% less, and gasoil (diesel fuel) at $207.00 per litre or 10% less. Simultaneously, retail customers ...

Several government ministers were on a fan-out exercise in several communities across Linden, making promises and highlighting achievements as the three-year-old coalition gears up to seek a second straight term in what could very well be early general elections. Decked out in their parties’ political colours of gold for the Alliance For Change (AFC) and green for the People’s National ...

The GAICO Construction Incorporated has signed a joint venture partnership with Corena Group, to develop and provide oil spill response and waste management services in light of the Guyana’s developing oil and gas industry. The partnership will enable the provision of oil spill response packages, oil spill emergency and Host Nation Support (HNS) standby, training and consultancy services, and hazardous ...

While the Guyana Revenue Authority (GRA) raked in almost GYD$200 billion in taxes last year, it wants the court system to hear a more than 20-year backlog of cases, including one against the Guyana Telephone and Telegraph (GTT) company, GRA Commissioner-General Godfrey Statia said. Government officials have said GTT wants a US$44 million claim settled before agreeing to formal liberalisation ...

China Harbour Engineering Company (CHEC) will by the end of January, 2019 be fined more than U$200,0000 or US$7,000 per day for missing the 31st December, 2018 firm deadline to complete the US$150 million Cheddi Jagan International Airport (CJIA) expansion project, Public Infrastructure Minister David Patterson said Monday. Ruling out an extension of the deadline, Patterson said the company would ...