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Monthly Archives: November 2022

Businesses to get $billions in VAT refunds by yearend

Last Updated on Wednesday, 30 November 2022, 23:47 by Denis Chabrol President Irfaan Ali on Tuesday announced that businesses will soon get billions of dollars in Value Added Tax (VAT) refunds. He made the announcement at the 27th annual awards ceremony of the Guyana Manufacturing and Services Association (GMSA). “The Commissioner-General of GRA (Guyana Revenue Authority) has assured me that ...

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Canadian joint venture wins sewage facility construction contract for new Sheraton Hotel

Last Updated on Wednesday, 30 November 2022, 23:35 by Denis Chabrol Two Canadian-headquartered companies, which have formed a Guyana-registered environmental management company, have secured a CDN$440,000 contract to construct a modern sewage treatment facility for the Sheraton-branded hotel to be constructed at Providence, East Bank Demerara, officials said Wednesday. A few details of the contract emerged at the announcement that ...

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GMSA President appeals to consumers, government to support local manufacturing

Last Updated on Tuesday, 29 November 2022, 21:08 by Denis Chabrol Outgoing President of the Guyana Manufacturing and Services Association (GMSA), Rafeek Khan on Tuesday urged Guyanese consumers to buy more local products, even as he also appealed to the government to help develop the private sector by investing in research and development and support the international marketing of more ...

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Netherlands to apologize for slavery in Suriname and the Caribbean on Dec 19

Last Updated on Tuesday, 29 November 2022, 7:23 by Denis Chabrol Reproduced from NL Times The Dutch government will apologize for The Netherlands’ history of slavery on Monday, December 19, sources close to the Cabinet told NOS. Seven members of the Cabinet will travel to Suriname and the Caribbean parts of the Kingdom – former colonies that were impacted by ...

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Guyana asks Canada for visa-free travel

Last Updated on Tuesday, 29 November 2022, 5:50 by Denis Chabrol Canada has received a request from Guyana to lift tourist visa requirements for Guyanese, even as vigorous efforts are being made to have a Canadian airline provide direct flights to this oil-rich South American nation, Canada’s High Commissioner to Guyana Mark Berman said Monday. “The Government of Guyana has ...

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Guyana’s medium term annual economic growth projected at 25 percent

Last Updated on Monday, 28 November 2022, 22:13 by Denis Chabrol Guyana’s projected real economic growth from 2023 to 2026 is estimated at 25 percent, Finance Minister Dr Ashni Singh told a visiting Canadian trade delegation on Monday. He restated that real economic growth in 2022 is now projected at “a staggering” 56 percent. “We are currently undergoing a transformation ...

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CGX-Frontera pushes back drilling in Guyana

Last Updated on Monday, 28 November 2022, 21:13 by Denis Chabrol Canadian joint venture oil companies, CGX Energy and Frontera Energy, on Monday said they have pushed back drilling an exploratory Wei-Wei well in the Corentyne Block until next January when a rig is scheduled to become available. “As part of its preparations, the Joint Venture has agreed with the ...

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Digicel ramps up mobile data offer for Christmas into New Year

Last Updated on Monday, 28 November 2022, 17:06 by Denis Chabrol Digicel (Guyana) on Monday announced a free 10 GB offer with the purchase of a SIM card from November 28th to December 31st, as part of its push to attract new customers with more data during the first three months of next year. This Christmas keeps on giving at ...

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Firefighters probing report that welding near flammable items triggered bond fire

Last Updated on Monday, 28 November 2022, 23:05 by Denis Chabrol Firefighters were Monday night trying to confirm whether a huge fire at a bond at Le Ressouvenir, East Coast Demerara was caused by welding near flammable items. The storage bond was owned by Z Mohammed and Sons Hardware Store. “Unconfirmed reports suggest that welding was being done in the ...

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