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Domestic aircraft owners slam Civil Aviation Authority over “unscrupulous” price-gouging claims

Domestic aircraft owners, represented by two rival associations, on Tuesday railed against the adverse impact of COVID-19 measures, saying that their operational costs have gone up and a number of them have been f0rced to increase passenger fares. The Aircraft Owners Association of Guyana (AOAG) and the National Air Transportation Association (NATA), in separate statements, slammed the Director-General of the ...

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34 companies submit expressions of interest to market Guyana’s crude oil

Thirty-four companies on Tuesday submitted expressions of interest (EOIs) to sell Guyana’s oil exports over a period of 12 months. The EOIs were opened by the National Procurement and Tender Administration Board. Already, the Ministry of the Presidency’s Department of Energy has said the company that wins the bid to market Guyana’s crude will not enjoy an automatic right of ...

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130 Guyanese laid off as RUSAL closure triggers German transshipment company exit

More than 130 workers have been sent home as a result of the Germany-headquartered, Oldendorff Carriers Guyana Inc (OCGI) closure of its transshipment service in Guyana three months after the Russian Aluminium (RUSAL)-majority owned bauxite company shut down its operations. “Unfortunately, OCGI’s customer in Guyana has decided to suspend and mothball its operation in Guyana and thus not to extend ...

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O’Brien puts up Digicel HQ, cash to seal debt deal

Reproduced from the Jamaica Gleaner Digicel Group chairman Denis O’Brien has put up the telecoms regional headquarters on the Kingston, Jamaica, waterfront as collateral under a debt deal with bondholders. The Digicel founder committed to putting up US$50 million – half in cash and the rest in the building – to sweeten the deal under which the telecoms is seeking ...

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Help and Shelter gets toll free hotline for domestic violence calls

Amid the need for persons to stay at home to reduce the spread of the Covid-19 coronavirus, the local Help and Shelter organization said it is anticipating an increase in domestic violence calls. To assist victims and reduce abuse, the Guyana Telephone and Telegraph Company (GTT) has collaborated with the charity to make its hotline numbers free of charge during ...

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APNU+AFC labels PSC a PPP “stooge”; calls for elections audit, not mere recount

A Partnership for National Unity+Alliance For Change (APNU+AFC) has labelled the Private Sector Commission (PSC) a “stooge” of the People’s Progressive Party (PPP) for insisting that a national recount would be a waste of time. This simplistic posture of the PSC, not only abrogates the transparency they claim to seek, but has removed the veil of neutrality in which it ...

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GRA announces more tax relief measures due to COVID-19

The Guyana Revenue Authority (GRA) on Tuesday announced a range of additional tax relief measures that will assist Guyanese as the country grapples with the fight against the COVID-19 pandemic. The tax relief, the entity stated, will support businesses and individuals who have been socially and economically disadvantaged by the threat of the virus. Among the relief measures are: Removal ...

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Guyana’s tourism sector loses earnings, jobs since COVID-19; appeal issued for govt relief

The coronavirus, COVID-19, has taken a toll on Guyana’s tourism sector, resulting in a 46-percent decline in earnings and a 30-percent loss of jobs to date, according to the Guyana Tourism Authority (GTA). The authority, which is a semi-autonomous government agency, predicted that 50 percent of tourism businesses would have to close their doors permanently if they do not get ...

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