Business

In the wake of the death of two tourists in Guyana’s interior within the past two months, Guyana’s tourism industry stakeholders have laid the groundwork for stringent safety and security rules which could eventually become laws or regulations, officials said. Director of the Guyana Tourism Authority (GTA), Kamrul Baksh suggested that recent separate deaths occurred because of a breach of ...

The High Court on Friday ruled that the France-headquartered Schlumberger, a global provider of products and services to ExxonMobil’s operations in Guyana, must stop storing, using and possessing radioactive materials at its facility at Houston, East Bank Demerara. Justice Nareshwar Harnanan, in handing down his decision, agreed with the plaintiffs that the environmental permits awarded by the Guyana government’s Environmental ...

ExxonMobil will next year have to relinquish 20 percent of the Stabroek Block offshore Guyana and that area would eventually be auctioned, Vice President Bharrat Jagdeo said on December 9. “Exxon has this huge area and so next year I think they have to relinquish 20 percent of that,” he told a news conference.  ExxonMobil is the operator in the ...

President Irfaan Ali Thursday night encouraged overseas-based Guyanese and local investors to pool their monies to invest in condominiums in upscale areas. “We have a lot of liquidity that exists in the Diaspora. This is a challenge to the Diaspora. I challenge you today. You can’t do it individually, come together,” he said. Addressing the Georgetown Chamber of Commerce and ...

President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker on Thursday appealed t0 government to scrap the excise tax on new vehicles to allow ordinary Guyanese and the country as a whole to benefit in several ways. While acknowledging that Guyana’s roads are congested, the Chamber said the removal of the excise tax would see Guyanese having ...

The Georgetown Public Hospital Corporation (GPHC) on Tuesday indicated that its concerns about food vending on New Market Street date back to several years and records show that official complaints to the Georgetown Mayor and City Council stretch from 2015 to 2022, but little has been done resulting increased risks to gravely ill patients who need to enter the hospital ...

A large section of the Muslim community and the Private Sector Commission (PSC) on Tuesday condemned Georgetown Mayor Ubraj Narine for seeming religiously and racially divisive remarks Tuesday night on Tuesday night while police and Public Works Ministry workers were attempting to remove food caravans from New Market Street opposite the Georgetown Hospital. Mr Narine questioned whether the President was ...

United States (US) Ambassador to Guyana Sarah-Ann Lynch on Tuesday hoped that the award of a US$759 contract to build a 300 megawatt (mw) natural gas-fired electricity plant and natural gas liquids plant at Wales, West Bank Demerara to two American companies would trigger greater interest by other US companies. “I think the most exciting thing for me about this ...

Vendors, who sell food and beverages in caravans and stalls outside the Georgetown Public Hospital (GPH), on Tuesday afternoon vowed to remain there in defiance of a final removal order by the Public Works Ministry, even as the Georgetown City Council was preparing to take the matter to court. The more than 20 vendors, who sell food to GPH staff, ...

The Public Works Ministry on Monday issued a final warning to vendors on New Market Street opposite Georgetown Public Hospital (GPHC) to remove their stalls or they will be demolished and taken away. “A final notice is hereby given to vendors who are occupying spaces along New Market Street, between Thomas and East Streets, to remove all erected makeshift stalls, ...