Business

A fire late Friday afternoon broke out at the Demerara Distillers Limited (DDL) power plant at Diamond, East Bank Demerara but it was quickly contained and posed no threat to the distillery, spokespersons said. “The fire has now been contained to one building,” the Guyana Fire Service said in a brief statement. A company spokesman later told Demerara Waves Online ...

More than 15 years after he had first argued that Guyanese were entitled to bootlegged textbooks, Vice President Bharrat Jagdeo on Thursday said Guyana now needed to enact modern copyright and intellectual property legislation to make Guyana attractive to international businesses and protect local artistic works. “I think it’s time actually that we start strengthening our platform because the economy ...

Guyana’s business community and the government have begun clamping down on smuggling of alcoholic products, cigarettes and chicken, among other products due to unfair competition, authorities said Wednesday. Chairman of the Private Sector Commission (PSC), Komal Singh told an Illicit Trade Conference that the market share that several of those smugglers were currently capturing exceeds 25 to 50 percent in ...

The opposition People’s National Congress Reform/A Partnership for National Unity (PNCR/APNU) on Wednesday unveiled plans to ask ExxonMobil to agree to change the 2016 Production Sharing Agreement (PSA) as well as set up an inspector general’s office (IGO) to go after corruption in the oil and gas sector. “Considering the vastly changed conditions since the signing of the 2016 Stabroek ...

President Irfaan Ali on Wednesday announced the launch of a Global Biodiversity Alliance aimed at getting private companies to invest in forest restoration and conservation and mobilise funds for biodiversity conservation. He told the 79th session of the United Nations General Assembly (UNGA) being held at the UN Headquarters in New York that Guyana would convene the first Global Biodiversity ...

Even as opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian, Annette Ferguson on Tuesday insisted that the Public Works Ministry declare the whereabouts of GY$7.6 billion disbursed over the past three years for the construction of a government office complex, the Minister, Juan Edghill, said those had been already addressed in the National Assembly. Mr Edghill rubbished Ms ...

Vice President Bharrat Jagdeo on Tuesday warned permanent secretaries, regional executive officers and other accounting officers in the public service and public sector that they could be fired if they do not comply with Guyana’s procurement rules including flawed evaluation of bids. “Jagdeo made it clear that any departure from these regulations would not be tolerated,” the Department of Public ...

The Federal District Court for the Eastern District of New York on Monday issued summonses for One Communications (Guyana) Inc. and Tennicia De Freitas, popularly known as Nekeita in the copyright case filed by Jackie Hanover, popularly known as Jackie Jaxx, and Ivan Harry who performs as D’Ivan. Hanover and Harry filed their copyright infringement lawsuit on Friday, September 20, ...

The new regional airline, LIAT 2020, has applied to the Guyana Civil Aviation Authority (GCAA) for permission to fly to this South American nation with connections to several Caribbean islands, the authority’s Director-General, Retired Lt. Col. Egbert Field said. “No, LIAT has not been given any approval to operate. They have applied and we are going through the process,” he ...

The evolution of Silica City, a new town that is being proposed on 3,500 acres of land on the Soesdyke-Linden Highway, is expected to take up to 50 years and would encompass housing, education, health and commercial facilities that would blend with nature, according to a master plan developed by the University of Miami. “Obviously, this is not something that’s ...