Internet Radio

Business

Flights to and from Cheddi Jagan International Airport delayed, but runway was never closed

Hundreds of Caribbean Airlines passengers destined for Guyana were up to Sunday night stranded in Trinidad, and hundreds others suffered delays in departing from the Cheddi Jagan International Airport (CJIA) but officials maintained that the airport was never closed. Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt. Col. Egbert Field stressed that the Cheddi Jagan International Airport was ...

Read More »

Govt bans Marriot beach front parties, other loud music sources on Kingston foreshore

The Ministry of Public Infrastructure has banned beach parties and other activities involving loud music on the Kingston Foreshore which stretches from aback Marriott Hotel to Police CID headquarters. “Approvals will not be granted for the use of the Kingston Foreshore between Fort Groyne and Camp Street as a venue for entertainment, social and other events which are likely to ...

Read More »

Commission of Inquiry recommends disciplinary action against Town Clerk

Chairman of the Commission of Inquiry into the operations of the Georgetown City Council, Retired Justice Cecil Kennard on Friday said the probe has recommended disciplinary action against Town Clerk, Royston King for the lease of land that does not belong to the City and for conducting such a transaction without  Council’s approval. “The Town Clerk (ag) interpretation of the ...

Read More »

Irfan Ali released on self bail for GYD$174 million fraud charges

Former Minister of Housing, Irfan Ali was Wednesday released on self-bail (no cash) on 18 charges of conspiring to defraud government of a total of GYD$174 million by selling land below their valued prices. He has to return to court on January 7, 2019. Chief Magistrate Ann Mc Lennan released Ali in his own recognizance after Prosecutor, Attorney-at-Law Patrice Henry ...

Read More »

Irfan Ali arrested and charged; to appear in court

Former Minister of Housing, Water and Tourism in the People’s Progressive Party Civic (PPPC)-led administration, Irfan Ali was early Wednesday morning arrested by agents of the police force’s Special Organised Crime Unit, multiple sources confirmed. The sources said he has been charged and he is expected to be arraigned before a City magistrate some time Wednesday. SOCU agents arrived at ...

Read More »

Guyana govt worried about Republic Bank’s potential market dominance

The Ministry of Finance is concerned about Republic Bank’s likely dominance of the banking sector, in the wake of Tuesday’s announcement of a buy-out of Scotiabank’s operations in Guyana and several other Caribbean countries. “The agreement raises a number of issues for the banking sector in Guyana and for the public which the Ministry of Finance, the Bank of Guyana ...

Read More »

Republic Bank takes over Scotiabank’s operations in Guyana, other Caribbean countries

Port-of-Spain, Trinidad: Tuesday November 27, 2018 – Republic Financial Holdings Limited (RFHL) on Tuesday announced that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana and several other Caribbean countries. The other Scotiabank operations in the takeover are in St. Maarten and the Eastern Caribbean territories, including Anguilla, Antigua and Barbuda, Dominica, Grenada, St. Kitts and ...

Read More »

“Visionless” 2019 budget big on taxes, low on investment and welfare- Jagdeo

Opposition Leader, Bharrat Jagdeo on Monday assailed government’s 2019 National Budget moments after Finance Minister, Winston Jordan delivered a GYD$300 billion package of revenues and expenditures. ‘We can’t support this budget, not in its current form,” Jagdeo said, adding that the opposition People’s Progressive Party (PPP) had expected government to take into consideration its concerns and the pending no-confidence motion. ...

Read More »

Cigarette smokers to pay more

Cigarette smoking in Guyana will next year cost cost more as Finance Minister, Winston Jordan announced on Monday a raft of taxes on the tobacco product. He told the 65-seat National Assembly, in presenting the 2019 National Budget, that the “new regime for taxing tobacco” would include a specific Excise Tax of GYD$$2,500 per 1,000 sticks, together with Customs Duty of ...

Read More »