Business

The Guyana government on Tuesday announced it would be seeking expressions of interest from the private sector for the construction of a small modular refinery with a capacity of 30,000 barrels per day to satisfy local fuel demand. President Irfaan Ali on Tuesday announced that the government plans to build the refinery. “We are looking at the launch of an expression ...

Reproduced from the New York Post What would you do if you won the lottery? A Staten Island Powerball winner, one who struck a $245.6 million jackpot in 2018, has just shelled out $4 million for a home in Westchester — some $305,000 over its asking price — Gimme Shelter has learned. The buyer is Nandlall Mangal, a Guyanese-born carpenter, who bought a ...

Public Works Minister Juan Edghill at the weekend announced that a well-known promoter has been virtually banned from hiring Transport and Harbours Department (T&HD) ferries for cruise parties. Addressing the formal launch of the Online booking system, Ferry Pass, Mr Edghill said the promoter flouted the conditions under which he contracted the vessel to host the cruise. “We had a ...

Guyana’s first online ferry booking system will help the Transport and Harbours Department (T&HD) to decide whether to postpone trips with few bookings as well as weed out corruption by staff who facilitate priority vehicle crossings, Public Works Minister Juan Edghill said Saturday. “We have to stop the corruption. We have to stop the occasion for corruption and often times ...

Finance Minister Dr Ashni Singh on Saturday announced that motorists will from Sunday pay 20 percent less for gasoline and 15 percent less for diesel. While government’s decision is only for fuels being sold by the state-owned Guyana Oil Company (GUYOIL), eventually other suppliers may reduce their prices. In a statement issued Saturday night, the Finance Minister said gasoline price ...

The Beterverwagting -Triumph Neighbourhood Democratic Council (NDC) on Friday vowed to ensure that 143. 10 acres of lands aback the East Coast Demerara village of Beterverwagting (BV) are not lost to a private company they believe is fronting for John Fernandes Limited (JFL) that has since publicly abandoned interest in the acreage. The NDC Chairman, Jummaul Bagot said the council ...

High Court Judge Navindra Singh on Friday ordered the Guyana Public Service Cooperative Credit Union Limited  to hold a special members meeting by October 24, 2022 and pay GY$100,000 in cost. Justice Singh granted the orders that were sought by Mehalai Mc Almont, Keith Marks and Natasha Duran. Attorney-at-Law Roysdale Forde, who represented the applicants, said the judge found that ...

Well-known New York-based Guyanese political activist, Rickford Burke is wanted by Guyanese police for questioning about his alleged role in the publication of defamatory libel in order to extort money, according to a bulletin issued late Thursday hours after he released a statement and a recording of part of a conversation purportedly with a businessman. Police said Mr Burke allegedly ...

The then United States (US) Republican-led administration nominee for the Presidency of the Inter-American Development Bank (IDB), Mauricio Claver-Carone,  who had been unequivocally supported by Guyana, has been removed from office, the hemispheric financial institution announced Monday. “The Board of Governors of the Inter-American Development Bank (IDB), following the unanimous recommendation by the Board of Executive Directors, has resolved that ...

Suriname’s acting Foreign Minister Krishna Mathoera has summoned Guyana’s Ambassador to that neighbouring country Keith George, telling him that Vice President Bharrat Jagdeo must be cautious about his utterances over an expected grant of 150 Suriname coastal fishing licences. “During this summons, the Vice-President of Guyana was called upon to await diplomatic efforts and to refrain from making any wide-ranging ...