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Daily Archives: Tuesday, 26 November 2024, 23:09

Use simplified due diligence for opening bank accounts – Finance Minister tells commercial banks

Last Updated on Wednesday, 27 November 2024, 11:18 by Writer Finance Minister Dr Ashni Singh on Tuesday appealed to commercial banks to comply with a Bank of Guyana directive to use the simplified due diligence (SDD) requirement for opening bank accounts that would attract monthly deposits of GY$500,000 or less. “It would appear to me that this simplified guideline is ...

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Acting High Court judges confirmed – Attorney General

Last Updated on Wednesday, 27 November 2024, 11:06 by Writer Four High Court judges were Tuesday confirmed in their positions of puisne judges, Attorney General Anil Nandlall announced. He said on his weekly Facebook Live engagement, “Issues In The News” that President Irfaan Ali, acting on the recommendation of the Judicial Service Commission (JSC), confirmed the appointments of Justices Damon ...

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Central Bank Governor says routine opening of foreign exchange accounts too risky

Last Updated on Wednesday, 27 November 2024, 9:01 by Writer Governor of the Bank of Guyana, Dr Gobind Ganga on Tuesday virtually ruled out allowing the routine opening of US dollar accounts at commercial banks here by anyone, saying that could put the country’s foreign reserves at risk. Told that the Jamaica Central Bank on Monday hailed the fact that ...

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Guyana-Suriname Chamber set to make pitch for Canawaima Ferry Service

Last Updated on Tuesday, 26 November 2024, 20:29 by Writer The Suriname-Guyana Chamber of Commerce (SGCC) is about to submit a feasibility study to both countries to take over the management and operations of the Canawaima Ferry Service and offer more daily trips across the Corentyne River, SGCC Chairman Dr Vishnu Doerga said Tuesday. While there are four to six ...

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Guyana, The Bahamas sign ‘Open Skies’ agreement

Last Updated on Tuesday, 26 November 2024, 20:01 by Writer The way is now clear for airlines to ply the Guyana-Bahamas route, with the signing of an open skies Air Services Agreement between the two countries, the Public Works Ministry said Tuesday. Under the agreement, which was signed on Monday, the aim is to also promote travel with other countries. ...

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