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Monthly Archives: October 2019

PODCAST: Guyana Bureau of Statistics conducting Household Budget and Living Standard Survey

Last Updated on Friday, 11 October 2019, 9:56 by Writer The Guyana Bureau of Statistics is currently conducting its Household Budget and Living Standards Survey to ascertain the quality of life among Guyanese and the value of a basic basket of goods. News-Talk Radio 103.1 FM/Demerara Waves Online News spoke with Deputy Chief Statistician, Ian Manifold and Statistician, Misenga Baird ...

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GuySuCo reports 23% production shortfall but hopes to meet target

Last Updated on Thursday, 10 October 2019, 16:35 by Writer The Guyana Sugar Corporation (GuySuCo) says it registered a 23 percent shortfall in production up to the date that the crop should have closed, largely due to bad weather and malfunctioning equipment. At the same time, the state-owned corporation rejected claims by the Guyana Agricultural and General Workers’ Union and ...

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OPINION: Foreign exchange rate spike exposes so much that is wrong here

Last Updated on Wednesday, 30 October 2019, 8:37 by Writer by GHK Lall The Demerara Waves Online News article dated October 9 titled, “Bank of Guyana probe uncovering reasons for US notes shortage at cambios” covered a lot of territory. In many respects, it has been fiercely contested territory. The focus and thrust of the Demerara Waves item were on ...

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PODCAST: “Statistics for Daily Life” – Caribbean Statistics Day 2019

Last Updated on Thursday, 10 October 2019, 10:39 by Writer The Guyana Bureau of Statistics will be joining the rest of the 15-nation Caribbean Community (CARICOM) in observing Caribbean Statistics Day 2019 on October 15 under the theme, “Building the Resilience of the Caribbean Community”. On Thursday, News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News hosted the Deputy Director of ...

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PODCAST: NIS grapples with declining contributions, low investment returns

Last Updated on Thursday, 10 October 2019, 10:10 by Writer The General Manager of Guyana’s National Insurance Scheme (NIS), Holly Greaves says Guyana’s state-owned social security entity continues to suffer from declining contributions and low returns on its investments. Addressing the NIS’ 50th anniversary observance, she said a Debt Management Department has been registering some successes in raking in much ...

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Bank of Guyana probe uncovering reasons for US notes shortage at cambios

A probe by the Bank of Guyana and other supervisory agencies into the shortage of United States (US) dollars at non-bank cambios has already raised some red flags, but Finance Minister Winston Jordan has declined to divulge details. Jordan said so far the investigations have shown that at least two non-bank cambios “have really caused this problem”. “Our investigation is ...

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NIS encouraged to invest on international stock market amid meagre returns, dwindled contributions

Last Updated on Thursday, 10 October 2019, 8:23 by Writer Despite raking in more than GYD$500 million from Guyana’s emerging oil and gas sector, the National Insurance Scheme (NIS) is being encouraged to invest some of its monies on the international stock market as it grapples with paying pensions amid declining contributions. Chairman of the NIS Board, John Seeram told ...

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“APNU is not against cash grants” from oil revenues but more information needed -Granger; WPA ready to negotiate modified proposal

Last Updated on Wednesday, 9 October 2019, 21:54 by Writer President David Granger on Wednesday sought to dispel concerns that he is opposed to direct cash transfer of some oil revenues to Guyanese, even as the Working People’s Alliance (WPA) signaled that it was ready to modify its proposal with other political parties in A Partnership for National Unity (APNU) ...

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One dead at Australian-owned gold mining pit accident in Guyana

Last Updated on Tuesday, 8 October 2019, 20:30 by Writer A man died early Tuesday morning in an accident at an Australia-owned Troy Resources Guyana Inc gold mining pit, Minister of Natural Resources, Raphael Trotman said. Sources identify the dead man as Ryan Taylor. He worked in the geology section of Troy Resources. The company said early indications are that ...

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Harmon applies to give up American citizenship: “I believe there is a certain quality which I have that can help the President in running this country in a proper way”.

Last Updated on Sunday, 6 October 2019, 22:52 by Writer Joseph Harmon, who resigned earlier this year from his position as Minister of State because he is the holder of dual nationalities, says he has already applied to give up his United States (US) citizenship. He told reporters on the sidelines of a People’s National Congress Reform 62nd anniversary rally ...

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