Business

Even as a newly-formed Caribbean Manufacturing Association (CMA) plans to explore the production of specialised sugars, Guyana’s President Irfaan Ali on Wednesday called on local manufacturers to aggressively remove trade barriers in the Caribbean Community’s Single Market. Addressing the 2020 awards of the Guyana Manufacturing and Services Association (GMSA) at State House, Dr. Ali urged that private sector organisation to ...

The Guyana Revenue Authority (GRA) has recovered a key image of a shipping container suspected to have contained 11.5 tons of cocaine that had been busted in Belgium in early November, multiple sources have confirmed. Officials said the process was painstaking and delicate in order not to damage the hard drive that stores images of scanned shipping containers. The officials ...

Licensed arms and ammunition, Larry Singh, has been sued by the Guyana government for failing to supply more than GYD$369 million in firearms and ammunition to the Guyana Defence Force between 2014 and 2016, according to court papers filed by Attorney General Anil Nandlall. The National Procurement and Tender Administration (NPTAB) had granted approval for the GDF to sole source ...

The Guyana Telephone and Telegraph (GTT) has added a new automated assistant to allow postpaid customers to easily check their outstanding balances and reduce the number of enquiries to the Call Centre “About 20 per cent of our customers would call agents to find out their balance. With this new system, they can just pick up their phones and check ...

Two Venezuelans and a Guyanese have been charged with the murder of a Guyanese shopkeeper who last weeks sought to defend his wife from bandits at their shop at Port Kaituma. Police say the Director of Public Prosecutions has advised that Guyanese gold miner 22-year old Nadeem Baksh of Airy Hall, Mahaicony and Venezuelan gold miners, 22-year old Gilberto Da ...

Sleepin Hotel’s Carnival Casino has received its licence on Monday  after submitting a fresh application to the Gaming Authority, ending a six-year long wait and the initial employment of 150 persons, hotelier Clifton Bacchus said Tuesday. He explained that while the application was submitted recently, he had been engaging the Gaming Authority for about three months, providing that regulatory and ...

Guyana and Suriname are inviting expressions of interest from companies with a proven track record to conduct a feasibility study for the construction of the bridge across the Corentyne River. “Assessments will be based on technical competence, qualification and experience, local and regional experience on similar arrangements, financial capability and existing commitments,” the advertisement in Guyanese newspapers said on Sunday. ...

Banks DIH Limited, Morning Glory Inc. (MGI) and the Institute of Applied Science and Technology (IAST) on Sunday announced that  a distribution agreement has been signed between Banks and MGI which appoints Banks as the exclusive distributor of MGI’s locally produced Morning Glory Rice Cereals. The products are manufactured at a state-of-the-art facility in Anna Regina, Region 2, Essequibo Coast.  ...

A 26-year old gold miner was killed when he sought to defend his wife from bandits who attacked her at their shop at White Water Backdam, North West District, and police said they have since arrested three suspects Investigators were informed that Kevin Allam of Turn Basin, Port Kaituma observed the bandits holding his wife by her hair in their ...

The Canadian oil exploration company, CGX Energy, and its fellow Canadian joint venture partner, Frontera, have decided to postpone exploration work in the Corentyne Block until next year. Frontera-CGX had set itself November 27, 2020 to drill the next well at Utakwaaka well on the Corentyne block which is adjacent to the Stabroek Block. However the joint venture partners  at ...