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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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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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Local Government Commission 2019 budgetary shortfall delaying its salaries, other payments; Finance Ministry to decide

Permanent Secretary of the Ministry of Communities, Emil McGarrel Friday night ruled counter-signing cheques for the Local Government Commission (LGC) to pay salaries, utility and other bills until the Finance Ministry says how it intends to finance a shortfall. “What they have submitted is something (a work programme) that is showing a shortfall that is outside of the budget. I ...

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