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Commercial banks urged to support businesses

Commercial banks are being urged to expand their financial investment vehicles into the rural and hinterland regions of Guyana in an effort to spur economic activity by widening access to capital for more businesses. This ties into the government’s push to to facilitate small and medium-size businesses as engines of growth and development. “Investment is the tool for economic expansion ...

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Guyana govt officially pours cold water on building oil refinery

The Guyana government on Wednesday officially stated for the first time since a feasibility study was conducted that it would not build a US$5 billion oil refinery, but said it would not oppose the private sector risking the investment. Addressing a panel discussion on energy at the Guyana Business Summit, Minister of Natural Resources, Raphael Trotman said government could not ...

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GPL deploys network technicians to hurricane-affected Anguilla

The Guyana Power and Light Incorporated (GPL), in collaboration with Caribbean Electric Utility Service Corporation (CARILEC), has extended its assistance to the Caribbean territories affected by hurricane Irma. GPL’s Public Relations Officer, Shevion Sears said the power company has deployed a team of network technicians to Anguilla to assist with the rehabilitation of the electricity network that was destroyed by ...

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West Coast Berbice man severely burnt in Bushlot mystery fire

A 53-year-old man of Bushlot village, West Coast Berbice sustained third degree burns about his body after a mysterious fire last evening completely gutted his two bedroom wooden home. The fire reported started in the lower flat of the home. The injured man is . His sister, Indira Sahadeo, who also resided at the home told Demerara Waves Online that ...

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Three charged with murder of elderly women

Three men were Wednesday charged with the murder of two elderly longtime friends at their home earlier this month. Twenty-five year old Imran Khan also known as Christopher Khan, 26-year old Steven Andrews and 23-year old Phillip Suffrein all appeared before Chief Magistrate Ann Mc Lennan charged with the capital offence of murder. The charge read that between October 2 ...

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What are your plans? Granger blindsided at business conference in push to re-balance of economy

President David Granger delivered the keynote address today at the opening of the two-day Guyana Business Summit, but not before the Private Service Commission (PSC) rolled out a laundry list of items which the business sector needed clarity on. PSC Chairman Eddie Boyer’s remarks, which were delivered by the PSC’s Deodat Indar, called on the president to clarify government’s approach ...

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Remote community in Guyana to be powered by solar energy

Guyana, as part of its strategy to transition towards a 100 percent renewable energy supply by 2025, has hired a company to design, supply and install a 400 kWp solar system for the community of Mabaruma in the North West District. The tender was awarded to meeco which will execute the project together with its local joint venture, oursun Guyana, As part ...

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New plan targets workers who escape paying GRA & NIS

Workers in poor working conditions who are not paying income tax to the Guyana Revenue Authority (GRA) and contributions to the National Insurance Scheme (NIS), are the subject of a new plan being spearheaded by the Labour Department. There are no available numbers, but the International Labour Organisation (ILO) estimates that between 40 and 50 per cent of workers are ...

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Berbice man remanded for drugs in salt bag

, 59, appeared before Magistrate Alex Moore at the New Amsterdam Magistrate Court  today charged with the possession of narcotics for the purpose of trafficking. The court heard that the defendant on Monday 9th October at Highbury village, East Bank Berbice, he had in his possession 6,204 KG of cannabis for the purpose of trafficking. Police on Monday acting on information intercepted ...

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