Business

The Chairman of the Beharry Group of Companies, Suresh Beharry on Thursday said he supports Guyana’s local content legislation but would be willing to facilitate talks between the Caribbean Private Sector Organisation (CPSO) and the Guyana government to address concerns about the likely violation of regional free trade rules. “Mr. Beharry supports Guyana’s Local Content legislation; in particular, as it ...

The Caribbean Private Sector Organisation (CPSO) is objecting to Guyana’s recently-passed Local Content legislation on the grounds that it seems to violate the Caribbean Community’s (CARICOM) free trade rules, a position that has prompted the President of the Georgetown Chamber of Commerce and Industry, Timothy Tucker to call for Guyana to leave the regional single market. CPSO President, Gervase Warner ...

President Irfaan Ali on Tuesday launched an Agriculture and Innovation Entrepreneurship Programme that promises to generate millions of dollars and create jobs through shade house techniques. Dr. Ali said the project envisages government initially providing 25 shade houses and up to 300 in the medium to long term. Roughly calculating the projected revenue, he singled out cauliflower, broccoli and carrots as ...

The Caribbean Community (CARICOM) headquarters will soon be providing solar-generated electricity to Guyana Power and Light (GPL), Secretary General Carl Barnett announced on Tuesday. She was speaking at the official commissioning of a 400 kilowatt  solar photovoltaic power generation plant and battery power conditioning system in the compound of the CARICOM headquarters at Liliendaal, Greater Georgetown. “This PV power generation ...

The Roraima Airways pilot of the Britten-Norman Trislander that he landed in a swampy area near the Haags-Bosch landfill site last year has been suspended, officials said Monday. Speaking at a press conference organised by the Ministry of Public Works, the Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt. Col. Egbert Field said the pilot has been suspended. ...

Public Works Minister Juan Edghill on Monday announced that he and his Surinamese counterpart would this week hold talks  about the selection of the final bidder to construct the Corentyne River Bridge that would link both South American nations. He told a news conference that bids for the studies, design and preparation were being evaluated by Guyana’s National Procurement and ...

IRVING, Texas – ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838 meters) of water and is located approximately 11 miles (18 kilometers) northwest of the Liza field. ...

Two youths from Georgetown  on Tuesday pleaded guilty to robbing a businessman and his wife at their shop at Charity waterfront, Essequibo Coast, the Guyana Police Force said. Magistrate Esther Sam sentenced 25-year old Nigel Bentick of South Ruimveldt and 21-year old Isaiah Okmie Barclay called Black Boy  of D’urban (Joseph Pollydore) Street, Lodge to 30 months imprisonment. Police had ...

Two Essequibo Coast youths were Saturday – New Year’s Day – arrested and $4.8 million and other items recovered, hours after they robbed and injured a businessman and his wife at Charity Waterfront, the Guyana Police Force said. Those in custody are 21 and 25 years old, police added. Police said they also recovered just over GY$1.1 million in Digicel ...

President Irfaan Ali on Saturday- New Year’s Day- promised Guyanese that the members of the Natural Resource Fund Board of Directors would not be politically-aligned persons, even as assailed the opposition for last Wednesday’s ruckus in the National Assembly. “We have created a governance and operational structure that is transparent and accountable and in which non-political, highly reputable persons carry ...