Business

A new study by the Washington DC-based Centre for Strategic and International Studies (CSIS) has given the Guyana government low marks for harnessing the Diaspora, and recommends that every effort be made to encourage overseas-based Guyanese to  craft and implement a national development plan. In a report titled “The Guyanese Diaspora”, the Americas Division of the think-tank says the return ...

Belgian prosecutors have dealt a new blow to a recently disbanded drug gang led by a former Belgian police chief after announcing the largest-ever overseas drug bust “in the world”, the Brussels Times reported Thursday. Head of Guyana’s Customs Anti-Narcotics Unit , James Singh said two shippers “heard we were looking for them and they came in” short;y after 3:30 ...

Following a guilty verdict by the jury in relation to the April 30, 2016 murder of Parika, East Bank Essequibo businessman, Mr Seeram Singh, convicted killer Curt Thomas has been further remanded to prison pending sentencing. The verdict was handed down on Thursday, November 05, 2020 before Justice Navindra Singh. No date has been fixed for sentencing. At the commencement ...

More than 30 entities have submitted Expressions of Interest (EOI) to construct hotels in Guyana, with at least two of them eyeing the prospects of doing so near the Cheddi Jagan International Airport (CJIA) as part of a plan to make the country a South American aviation hub, officials said Wednesday. Aviation Minister Juan Edghill said government wants at least ...

As the Guyana Telephone and Telegraph Company (GTT) wrapped up its annual Pinktober month observation, the company, over the weekend, distributed some 200 Pinktober bottles to several of its Non-governmental Organisation (NGO) partners. Receiving 50 bottles each were the Giving Hope Foundation, the Guyana Cancer Institute, the Georgetown Public Hospital Corporation (GPHC) Oncology Unit and the Periwinkle Cancer Club. “This ...

The Guyana government is yet to decide on whether it would purchase all of the four helicopters that the United States (US) has approved to be sold to this oil-rich South American nation, Aviation Minister Juan Edghill said Wednesday. An American embassy spokeswoman has said the then A Partnership for National Unity+Alliance For Change (APNU+AFC) had expressed an interest in ...

Heavy rainfall overnight rainfall on Wednesday caused severe flooding in Region four Demerara Mahaica including  Guyana’s capital, Georgetown. The Hydrometeorological Department of the Ministry of Agriculture says in its extreme rainfall report and weather advisory that between 8 AM Tuesday and 8 AM Wednesday,  the highest rainfall reported was 120.3 millimeters  (4.7 inches) at the Georgetown Botanical Gardens. Local weather ...

Aviation Minister Juan Edghill on Wednesday announced  that the United Kingdom-headquarterd airline, Virgin Atlantic, is among several carriers that have applied to fly to Guyana. Mr. Edghill hoped that the new Board of Directors of the Guyana Civil Aviation Authority (GCAA) would eventually greenlight that application fir Virgin Atlantic to begin scheduled flights to Guyana. He said InterCaribbean, West Jet ...

The U.S. State Department has approved a possible sale of two Bell 412EPi and two Bell 429 helicopters to Guyana for an estimated US$256 million, the Defence Post reported on Saturday. While the Guyana Civil Aviation Authority (GCAA) is expected to be involved in processing some paperwork at a later stage, that agency’s Director-General, Retired Lt. Col. Egbert Field said ...

Hess Corporation, one of the co-venturers in the Stabroek Block, is keeping its eyes on Guyana as a low-cost supplier of oil, saying that global projections show that the world needs just under 50 percent oil and gas in an energy mix up  to another 30 years by when the cost of renewable energy is expected to fall. Chief Executive ...