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Daily Archives: Saturday, 24 May 2014, 18:01

Marriott Hotel gets new investor; debt financing deal struck

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Atlantic Hotel Inc. (AHI) and Republic Bank Ltd on Saturday announced the completion of the financial arrangements by Republic Bank for a syndicated borrowing of US$27M in debt financing for AHI. This is for the construction of the Marriott operated hotel and the shell of an Entertainment Complex. Republic Bank, ...

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Baggage handlers arrested for cocaine in Toronto-bound CAL aircraft

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Two baggage handlers have been arrested in connection with the discovery of 2.2 kilogrammes of cocaine in the baggage-hold of a Toronto-bound Caribbean Airlines (CAL) aircraft, a senior anti-drug agent said Saturday. The official said the baggage handlers are employed by a local handling company for  CAL at the Cheddi ...

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Lethem in blackout due to fuel shortage

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Lethem is experiencing widespread blackout for several hours due to a fuel shortage because a bridge collapse one week ago has prevented a tanker from continuing its journey to the southern border township. Region Nine Chairman, Wilson Lorentino hoped that workers would complete a bypass to allow the fuel tanker ...

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Cash-strapped Hotel Tower locks out unpaid workers ; Labour Ministry to investigate

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Even as uncertainty surrounds the future of Hotel Tower, the Ministry of Labour plans to investigate why workers there have not been paid wages and salaries for some time and take steps to ensure that this is done. Several workers, including managers and supervisors, on Saturday stood outside the front ...

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Updated: New Amsterdam prisoners chopped by fellow inmate

Last Updated on Saturday, 26 December 2015, 20:59 by GxMedia Chaos broke out in the New Amsterdam prison Friday afternoon when a prisoner entered a number of cells and chopped at least four prisoners , leaving them in a critical condition. The perpetrator is known only as ‘Shoulders’.  A police source told Demerara Waves that around 5:30 PM the murder ...

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