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Daily Archives: Sunday, 16 March 2014, 22:52

New flood insurance measures coming- Insurance Association

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia The Insurance Association of Guyana (IAG), warning that flood damage and loss could soon become uninsurable, signalled that the conditions for flood-related insurance would soon change and remain in force until the drainage situation improves. “The insurance industry will shortly inform policyholders of the new structure of underwriting measures applicable ...

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Roger Luncheon builds house at Pradoville 2

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Head of the Presidential Secretariat, Dr. Roger Luncheon- long considered one of the few remaining modest and humble members of the Peoples Progressive Party (PPP)- has built a house at ‘Pradoville 2’. Officially known as Sparendaam, the area is the site of an upscale housing area for several current and ...

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APNU’s proposed Anti Money Laundering Board out of context- Ramotar

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia President Donald Ramotar on Sunday reacted sharply to A Partnership for National Unity’s (APNU) insistence that a civilian oversight body must be established to appoint top officials of the Financial Intelligence Unit (FIU) and oversee enforcement of the financial crimes law. “If this is supposed to be a legislation to ...

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Hundreds of Coop Societies struck off

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia More than 200 Cooperative Societies have been struck off the register and blocked from transacting business in a move aimed at cleaning up the list for the first time in 10 years, Labour Minister Dr. Nankishore Gopaul said Sunday. “We find that a number of those that have been listed ...

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Customs broker dies in horrific early Sunday morning accident

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia A customs broker was killed early Sunday morning when the car he was driving slammed into a utility pole on Mandela Avenue in the vicinity of Continental Group of Companies. The accident occurred about 4:30 AM. He has been identified as 21-year Adrian Hossain of 123 Meadow Brook Gardens, Georgetown. ...

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Police accused of slothful response to Port Kaituma arson threat

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Residents of Port Kaituma are angry about the police’s apparent slow response to a report by a teenage girl that her parents had been quarrelling and her father had threatened burn down the house. Businessman, Lenus La Cruz in the end carried through with his threat, dousing the house with ...

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Anti Money Laundering: President touts “compromise” proposal but opposition insists on Authority

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia President Donald Ramotar on Saturday said government’s counter-amendments to the Anti Money Laundering and Countering Financing of Terrorism Act (AML/CFT) amounted to a compromise to address concerns by the main opposition party. “You will observe from our counter proposal that subjectivity and discretion are wholly removed from the appointment process ...

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Investigators to visit horrific Port Kaituma fire scene

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Fire fighters and police investigators are Sunday due to fly to Port Kaituma to continue probing the circumstances surrounding Friday night’s fire that left a woman and her would children dead. Businessman, Lenus La Cruz  remained hospitalized under police guard in the gold mining township because he is the prime ...

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