Business

The state-owned China Harbour Engineering Company (CHEC) has inked an agreement with the Guyana government to fix the Cheddi Jagan International Airport at its own expense of US$9 million, the Public Works Ministry announced on Tuesday. “The Government of Guyana is pleased to announce that the Ministry of Public Works has today entered into an Agreement with China Harbour Engineering ...

The Customs Anti-Narcotics Unit says agents this morning seized a quantity of un-customed goods and two vehicles and arrested a known smuggler has been arrested. He, the vehicles and goods have been handed over to the Guyana Revenue Authority. The arrest and seizure were made at the Skeldon / Crabwood Creek Area, Corentyne, East Berbice. CANU describes the detainee as ...

Three Guyanese youths have  been selected to participate in the U.S. Department of State’s Young Leaders of the Americas Initiative (YLAI) Fellowship Program. The American embassy in Georgetown said the programme would bring together 263 young leaders together from 37 countries in Latin America, the Caribbean, and Canada for a virtual fellowship. This year, three young leaders from Guyana have been accepted ...

The Guyana Post Office Corporation (GPOC) on Monday announced that it has suspended mail service to the United Kingdom (UK), following rising global fears about the rapid spread of a new variant of the coronavirus, COVID-19. “Customers sending letters and parcels to London are asked to note that all mails to this destination have been suspended until further notice,” the ...

A forklift toppled at the Aurora Gold Mines’ site, hurting a warehouse worker who has since been evacuated to the city for medical treatment, a senior company official said. Peter Benny, Human Resources Manager of the Zijin Mining Group-controlled in the Upper Cuyuni, said the worker sustained injuries his right leg when the forklift toppled at the back of the ...

ExxonMobil on Sunday announced that its Floating Production, Storage and Offloading (FPSO) vessel offshore Guyana has reached full production capacity of 120,000 barrels and the company had significantly reduced flaring of natural gas with the commissioning of its gas injection system. “Earlier this month, the Liza Destiny floating production storage and offloading (FPSO) vessel reached full capacity of 120,000 barrels ...

Minister of Tourism, Industry and Commerce, Oneidge Walrond has lauded the Guyana Telephone and Telegraph Company (GTT) for opening two news stores and creating jobs for communities in which they are operating, saying it is a sign of confidence in the economy. Minister Walrond, who commissioned the stores at Parika, East Bank Essequibo and Grove, East Bank Demerara, noted that ...

Residents and businesses in the north-western Guyanese town of Mabaruma now have 24 hours electricity supply, with the installation of a new generator, government said. Public Works Minister Juan Edghill said the cost of the new generator is GYD$9.9 million. The generator was installed at the Mabaruma Power station in Region One (Barima-Waini). Public Works Minister, Juan Edghill said he ...

Attorney-at-Law, Nigel Hughes on Monday cited the need for scientific evidence about racial discrimination and economic disempowerment, to a meaningful National Conversation on Race and Ethnic Relations. Speaking during day-1 of the  two-day virtual event, Mr. Hughes said was needed to back-up certain statements in areas such as wealth and income distribution based on race. He said such data would ...

The Caribbean Development Bank (CDB) on Friday announced that it has approved funding for the upgrading of 121 kilometres of road from the town of Linden to Mabura Hill, improving connectivity between Guyana’s hinterland and the coastal cities. The project is the first phase of a wider plan to develop a transportation corridor from Georgetown, the capital city, to Lethem ...