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Barbados, Guyana stock exchanges agree to cooperate; new stock exchange legislation in the pipeline

The Barbados and Guyana stock exchanges on Friday inked a memorandum of cooperation, paving the way for listed companies to trade in each other’s countries. “The two key areas of interest identified in our preliminary discussions have been that of institutional strengthening and the cross listing of securities,” Managing Director of the Barbados Stock Exchange (BSE), Marlon Yarde said at ...

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Kuwait funding study to improve Belfield to Rosignol road

Residents of more than 27 villages along Belfield, East Coast Demerara, to Rosignol, West Coast Berbice, can look forward to improved road access and connectivity as the Ministry of Public Infrastructure (MOPI) moves to start a technical and economic feasibility study for the redesign of the road network. The redesign feasibility study for that stretch of the road will be ...

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RUSAL-BCGI management finally recognises union, to begin talks Friday

The management of United Company Russian Aluminium (UC RUSAL)-controlled Bauxite Company of Guyana Incorporated (BCGI) on Monday decided to recognise the Guyana Bauxite and General Workers’ Union (GB&GWU), paving the way for the two sides to open negotiations on outstanding grievances. “The issue of recognition is not on the table. The company has made it clear that this is the ...

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Caribbean Airlines not yet flying Boeing 737 MAX-8, promises “strict safety measures” for new planes

Caribbean Airlines Limited (CAL), which late last year inked a deal to buy several Boeing 737 MAX-8 planes – the same model used by the Ethiopian Airlines that crashed and killed 157 persons aboard – on Monday said it would abide by strict safety measures before adding new aircraft to its fleet. “Caribbean Airlines will incorporate the procedural and training ...

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Christopher Ram moves to Court to block gov’t contracts over GYD$15 million

Attorney-at-law and Chartered Accountant, Christopher Ram on Friday asked the High Court to block the award of government contracts worth more than GYD$15 million. Through his lawyers, including Anil Nandlall, Ram also wants the High Court to declare that all such contracts that were awarded since the no-confidence motion was passed on December 21, 2o18 were “unconstitutional, unlawful, null, void ...

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GTT, gov’t agree to discuss “all outstanding issues” for liberalisation of telecoms sector

The Guyana government and the Guyana Telephone and Telegraph Company have inked a memorandum of understanding for the government’s planned liberalisation of the telecommunications market, but no date has been set for this to be realised. “The MOU, while non-binding, represents a major step toward fully liberalizing Guyana’s telecommunications market. The parties have further agreed to continue discussions on all ...

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Gov’t asked to buy helicopter for search and rescue; ExxonMobil/Bristow helicopter support being explored

The Guyana government is being asked to fund the purchase of a heavy-lift helicopter to assist in search and rescue (SAR) operations, but meanwhile hopes that ExxonMobil’s helicopter service provider will be able to provide emergency assistance, a top official of the Guyana Civil Aviation Authority (GCAA) said Tuesday. GCAA Director-General, Egbert Field said a stakeholder group, which includes his ...

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Pilots, domestic airlines face licence revocation; public urged to “See Something, Say Something. Step Up, Save a Life”

The Guyana Civil Aviation Authority (GCAA) threatens to revoke pilots and operators’ licences if they are found culpable of breaching regulations, even as that regulatory authority is asking Guyanese to lodge anonymous complaints whenever they see any suspicious activity in the aviation sector on the ground or in the air. GCAA Director-General, Retired Lt. Col. Egbert Field said he Monday ...

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Deaf drivers pilot programme in the making – Public Security Ministry

Deaf persons will be licensed to drive private vehicles, but a date has not yet been set for commencing piloting a programme for sitting  theoretical and practical drivers’ examinations, the Ministry of Public Security said Monday. Minister Khemraj Ramjattan said the pilot project, which would be confined to the Guyana Police Force’s ‘A’ Division, was in keeping with a Cabinet ...

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