Finance Minister Winston Jordan on Wednesday boasted that Guyana’s economy last year grew by 4.7 percent despite poor performances in traditional sectors, and that investors continue to ink concrete deals regardless of the political environment. Addressing the symbolic start of the construction of two major hotels on 10 acres of land at Ogle, East Coast Demerara, he said last year’s ...

First Bauxite LLC (FBX) has indicated to government that it would build an aluminium smelter in Guyana if natural gas, a cheap source of electricity generation, could be brought from hydrocarbon fields located offshore, Finance Minister Winston Jordan said. “They said if we can bring natural gas in sufficient quantities, they are prepared to put a smelter right there in ...

Guyana is this year expected to lift and sell five million barrels of crude oil being extracted from the Liza-1 well from the ExxonMobil-led consortium under the banner of Esso Exploration and Production Guyana Limited (EEPGL), Director of government’s Department of Energy, Dr Mark Bynoe said Tuesday. “I am happy to say that Guyana is entitled to approximately five million ...

The Guyana Elections Commission (GECOM) has cut back on using private homes as polling places for the March 2, 2020, general elections, but election commissioners from across the political divide are at odds over whether this would inconvenience voters. Pro-opposition People’s Progressive Party (PPP) commissioner, Sase Gunraj said GECOM’s decision to reduce the number of private homes as polling stations ...

Guyanese workers at Bosai Minerals Group (Guyana), a bauxite company in Linden, are concerned about the arrival of at least five Chinese from mainland China who have since been quarantined in their rooms as a precaution against the potentially deadly coronavirus (Covid-19). However, Bosai General Manager, Eric Yu said the Chinese nationals, who are from Chongqing, passed through Germany where ...

At least 20 people are now without a job as a result of a fire that early Monday morning gutted a three-storey store on Regent Street, Georgetown. The owner of the Sachi store, Ta Fen, told reporters that he was alerted about the fire at about 2:30 this morning. No one was in the building at the time. Firefighters, who ...

The Guyana Sugar Corporation (GuySuCo) on Monday said it offered field and factory workers a 5% increase in wages and negotiations are continuing with the Guyana Agricultural and General Workers Union (GAWU). Refuting a report in the pro-opposition PPP Guyana Times newspaper that GuySuCo’s offer was around one percent, the state-owned sugar corporation said that on February 7, 2020, it ...

Three schoolchildren were injured Friday afternoon when a motor car struck them down on the Bush Lot Public Road in Corentyne, Berbice. Police said 16-year-old Alyia Mohabir of Number 46 Village, Corentyne, Berbice, “was picked up in an unconscious condition” and she is said to be “critical”. Investigators said at about 12:15 pm at Bush Lot Public Road, a motor ...

Three of Guyana’s small parties have agreed that their parliamentarians will not join the governing party in exchange for ministerial or other governmental office. In a memorandum of understanding (MOU), A New and United Guyana (ANUG), Liberty and Justice Party (LJP) and The New Movement (TNM) agreed that they will “not give a minority government a majority.” ANUG, LJP and ...

Triniyuana, a recently registered company in Guyana, has purchased 2.61 acres of “prime” land at Ogle, East Coast Demerara for more than GYD$52 million to build an AC Marriott-branded hotel. Privatisation Specialist at the National Industrial and Commercial Investments Limited (NICIL), Rachael Henry says the land was sold at more than GYD$26 million per acre, higher than the valuated price. ...