Business

The Guyana government has informed top officials of the  neighbouring Brazilian State of Roraima that the Lethem border would not be reopened to routine movement of persons, but would only allow the weekly turnaround of Brazilian trucks with supplies for businesses in Lethem in order to avoid a wider spread of the potentially deadly COVID-19 virus, a high-level source said. ...

Police say residents of Dartmouth, Essequibo Coast are Wednesday protesting the killing of a 29- year old businessman allegedly by a lawman by police earlier Thursday morning. Dead is Orwin Boston, owner of ‘Ease Meh Stress” Bar. The Guyana Police Force says when lawmen went to Boston’s home at about 4:40 am to conduct a search when a confrontation occurred ...

The owner of Wireless Connections and 93 1 FM Real FM, Maxwell Thom, died on Tuesday from COVID-19, a top Health Ministry official confirmed. While other media houses had reported his passing, at that time he did not succumb but was in a critical condition. Thom was admitted several days ago to the COVID-19  hospital, Liliendaal, East Coast Demerara. Back ...

Even as Barbados prepares to import prefabricated houses from China, Guyana’s President Irfaan Ali on Sunday challenged the Malaysian-owned Barama Company Limited and other producers to build houses for export to the Caribbean. Addressing the 30th anniversary ceremony of the company at its Land 0f Canaan headquarters, he said Guyana’s wood sector needs to develop its value-added products such as ...

ExxonMobil on Thursday said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality ...

A New and United Guyana (ANUG) political party on Tuesday slammed the Irfaan Ali-led administration for doling out billions of dollars in actual cash seemingly without any accountability. “Money should not be taken from the State coffers in the haphazard way that we have seen,” ANUG said in a statement. That party, which is part of a joinder seat with ...

Businesses in Guyana are from  Monday asking customers for vaccination cards or negative PCR tests, in keeping with the government’s latest measures. Republic Bank (Guyana) says it will “enforce” the new measures. This means that those customers who are not vaccinated, must make an appointment to see a Republic Bank representative.  On the date of the appointment, persons must walk ...

Two enforcement agents of the Guyana Revenue Authority (GRA) were Thursday night shot and injured during a shootout with smugglers in the Mahaica Creek. Commissioner General of the GRA, Godfrey Statia says they the two did not sustain life-threatening injuries. He says the smugglers are known and the GRA will be going after them. Mr. Statia says the suspected smugglers ...

The Guyana Telephone and Telegraph (GTT) has scaled back the use of Huawei mobile communications equipment, amid persistent claims by the United States (US) that that Chinese company has embedded espionage gadgets in some of its equipment. “We have minimised the use of Huawei equipment on our network,” GTT’s Chief Executive Officer, Damian Blackburn told a news conference on Thursday. ...

The Guyana Telephone and Telegraph Company (GTT) on Thursday announced that it is upgrading and expanding its fibre-optic Internet services to businesses and homes at a cost of GYD$2 billion The announcement was made at a news conference by GTT’s Chief Executive Officer Damian Blackburn. He says on top of the GY$17 billion that has already been spent on fibre-optic ...