Commercial banks will soon be required to hand over their customers’ information to the Credit Bureau to help lending institutions determine their creditworthiness and eligibility for loans, according to Minister of Business Dominic Gaskin. After announcing the decision at the opening of Business Expo 2015 at the Sophia Exhibition Centre on Friday, November 27, 2015, he told Demerara Waves Online ...

A well-known jewellery store, King’s Jewellery World, Saturday night formally opened a new branch at Giftland Mall, praising the rigorous testing system by the Guyana National Bureau of Standards (GNBS). Financial Controller of King’s Jewellery World, Ralph Persaud also highlighted the need for the GNBS to certify the Guyana Gold Board to test the precious metal at the right percentage ...

Former House Speaker, Ralph Ramkarran and the main oppositiion People’s Progressive Party Civic (PPPC) are at odds over whether the Indian company, Fedders-Lloyd, should have been awarded a contract to build a Specialty Hospital that has been mired in a three-year long controversy. Government has cited time constraints in agreeing to give Fedders-Lloyd the contract to build the hospital. The ...

Student associations of the universities of Guyana and the West Indies Saturday formally agreed to cooperate to fight against all forms of discrimination and cooperate to improve academic, sport and cultural life at the several campuses. Inked at the University of Guyana’s (UG) Turkeyen Campus by representatives of the University of Guyana Students Society and the Intercampus Guild Council of ...

The Guyana Telephone and Telegraph (GTT) Saturday opened the first of several stores countrywide, ahead of much anticipated liberalisation of the telecommunications sector that would see subscribers getting faster mobile data speeds in the coming months. The first of branch stores was opened at the Giftland Mall, LiliendaalTurkeyen, East Coast Demerara. The phone company’s Interim Chief Executive Officer, Justin Nedd ...

The People’s Progressive Party (PPPC) Saturday threatened to revisit any deal with government for American oil-giant, Exxon-Mobil, to pay Guyana oil profits ahead of commercial production. “Exxon-Mobil has to be forewarned that if it comes to Guyana and engages in any underhand dealing with this government that we are going to examine all of those,” Opposition Leader, Bharrat Jagdeo told ...

Opposition Leader, Bharrat Jagdeo Saturday disputed government’s claim that Fedders-Lloyd was handed a contract build a Specialty Hospital because it was the second lowest bidder. Jagdeo said technical-experts had disqualified that company but he declined to divulge details of what he knows about the evaluation. Instead, he called on government to release the evaluation report. “I don’t want to justify ...

Diners at the Guyana Marriott on Friday spotted the body of an unidenfified man lying on the beach at the Kingston seawall as the mid afternoon sun blazed ahead. The man who appears to be in his early 3o’s remain unidentified and investigators have found no visible signs of foul play on the man’s body however there was some amount ...

Former and current members of the Working People’s Alliance (WPA) as well as other like-minded persons are calling on government to ensure there is a “proper inquiry” into the death of that party’s co-leader, Dr. Walter Rodney. “Guyana needs and deserves a proper inquiry in which all key witnesses give evidence under oath. Only then can our country begin the ...

A Dutch Risk Reduction (DDR) team has recommended that Guyana continues to dredge its drainage system and ensure the water flows off the land properly and implement a high-tech system to improve water management. The Minisyry of Public Infrastructure says that is one of seven key recommendations made by the team as Guyana continues to explore long-lasting solutions to flooding ...