Internet Radio

Business

Former ACP Secretary-General, US Ambassador, private sector weigh in on sanctions, democracy

Former Secretary-General of the African Caribbean and Pacific (ACP) Group, Dr Patrick Gomes has cautioned Guyana against ignoring threats of sanction by key western nations and international organisations. “The threats and warnings of sanctions from major powers with whom trade, development and investment must rid our country of poverty, illiteracy and inadequate health care for all Guyanese must be taken ...

Read More »

Lands and Surveys suspends major services to gov’t, private sector

As the fear of the deadly coronavirus, COVID-19, spreads, the Guyana Lands and Surveys Commission (GLSC) on Friday said it has suspended major aspects of its operations and would be rescheduling surveys. “All access to the Commission’s survey database for private and government surveyors is suspended until further notice,” the semi-autonomous agency said. The GLSC said all field inspections and ...

Read More »

COVID-19: Domestic flights to border areas suspended

The Guyana Civil Aviation Authority (GCAA) on Thursday ordered an end to all domestic flights to areas near the border to help stop the spread of the coronavirus, COVID-19, from neighbouring countries to other parts of Guyana. Referring to Section 88 of the Civil Aviation Act 2018, the GCAA indicated that any individual who violates the directive will be fined ...

Read More »

Guyana’s two airports to remain closed until May 1

The Cheddi Jagan International Airport (CJIA) and the Eugene Correia International Airport (ECIA) will remain closed to international flights until May 1, 2020, in order to continue mitigating the spread of the COVID-19 coronavirus. “The closure of the airspace will greatly assist in minimizing the spread of COVID-19 by limiting international contacts,” the Guyana Civil Aviation Authority (GCAA) said. The ...

Read More »

New Amsterdam on COVID-19 virus lockdown

The municipal government of New Amsterdam on Sunday ordered an immediate total lockdown of businesses and religious services in that East Berbice town in order to ward off the deadly COVID-19 coronavirus. Residents are asked to be indoors by 7pm, the council said. The Council said, “failure to comply with the new guidelines, the Guyana Police Force will be informed, ...

Read More »

Guyana’s oil revenues will decline in short term; ExxonMobil won’t stop production in Guyana

Plummeting demand for oil as a result of the Coronavirus (COVID-19) pandemic and an oil price war are expected to see Guyana earning less than the US$300 million it had expected to rake in annually from the Liza Phase 1 project and force ExxonMobil to push back developing other oil reservoirs, an analyst said. ExxonMobil spokeswoman in Guyana, Janelle Persaud ...

Read More »

COVID-19 curfew in Region 10

A 6pm to 6am curfew will be imposed on all populated areas in Region 10 from Saturday, March 28 as part of efforts to curb the spread of the Coronavirus (COVID-19), the Linden Mayor and Town Council announced. Authorities warned that “citizens found on the street may be detained.” The Town Council says the regional curfew will be imposed on ...

Read More »

GRA suspends processing drivers, vehicle licences; pushes back tax payments to curb COVID-19 spread

The Guyana Revenue Authority (GRA) on Wednesday announced that it would not be renewing or issuing first-time drivers and conductor licences and motor vehicle registrations until April 30. The tax collection agency also announced that the payment of corporate and individual advance taxes and income taxes for businesses has been deferred until June 30. The GRA said measures to reduce ...

Read More »

GRA waives all taxes on supplies needed to fight, treat COVID-19

The Guyana Revenue Authority (GRA) has announced a waiver of value added tax (VAT) and duties on all medical supplies for testing, prevention and treatment of the coronavirus (COVID-19), that has so far claimed the life of one woman and afflicted four other persons. The tax collection agency says the waiver is not limited to soaps, disinfectant sprays, hand sanitizers, ...

Read More »

Republic Bank relaxes rules on late fees, loan repayments to help cushion impact of Coronavirus

Republic Bank (Guyana) Limited has started waiving late fees and other penalties on the repayment of credit card debts, loans and mortgages as well as allowing eligible customers to postpone loan repayments for the next six months, in keeping with a request by the Bank of Guyana to all commercial banks. “In response to the anticipated impact as a result ...

Read More »