Business

by Samuel Sukhnandan The Guyana Agricultural and General Workers Union (GAWU), the larger of the sugar workers unions, has rejected claims that the Guyana Sugar Corporation’s (GuySuCo) failure to meet its first crop production target was mainly due to multiple strike action taken by workers. General Secretary of GAWU, Seepaul Narine told News Talk Radio 103.1FM/Demerara Waves Online on Tuesday ...

The body of a former British soldier, who usually jogged around the southern Guyanese town of Lethem, was late Monday afternoon found on a roadway, police said. He has been identified as Ian Craddock. The ex serviceman has been living in Guyana for 25 years ago during which time he established Bush Master Tourism Company located in Lethem, a town ...

The Guyana Sugar Corporation Inc. on Monday  said it managed to reach 80 percent of its production target for the 2020 first crop but 50 strikes across the three estates cost  workers GYD$37.9 million and  the cash-strapped entity lost 2,307 metric tonnes of the sweetener. At the end of the first crop in June, GUYSUCO said it produced 37,015 tonnes ...

As Guyana looks towards gradually reopening sectors of its economy, particularly tourism, stakeholders in that industry are calling for more testing and tracing to be done aimed at improving consumer confidence and containing the spread of the deadly coronavirus (COVID-19). Newly-appointed Director of the Guyana Tourism Authority (GTA) Carla James- Chandra told the third Tourism Recovery Action Committee (TRAC) meeting ...

by Samuel Sukhnandan As time draws closer for the Guyana Sugar Corporation (GuySuCo) to deliver on its monthly payment to workers, the corporation says it is unclear whether they will be able to honour its obligations. GuySuCo’s Corporate Communications Manager Audreyanna Thomas says the corporation has for weeks been waiting on the disbursement of $750 million the National Industrial and ...

By Samuel Sukhnandan Guyana’s decision to ban incoming international flights, combined with the move by many airlines to reduce passenger flights,  has dealt a blow to non-traditional agricultural exports, officials said. Because of the coronavirus (COVID-19) pandemic, Guyana closed all its airports to international passenger aircraft on March 19, a closure that could remain in place until August 28 at ...

Antigua and Barbuda looks set to surge ahead with plans to restructure Liat after the governments of St Vincent and the Grenadines and Barbados Monday night agreed to sell their shareholdings for $1. Prime Minister Gaston Browne made that disclosure on OBSERVER  Tuesday morning after revealing that his regional counterparts have backed his plans to reorganise the ailing carrier. In ...

As Guyana moves closer to reopening its international airports following months of lockdown due to the COVID-19 pandemic, the Guyana Civil Aviation Authority (GCAA) earlier Monday issued a raft of safety and public health guidelines for all airport and aircraft operators, as well as passengers ahead of that reopening. The Cheddi Jagan International Airport, Timehri and the Eugene F. Correia ...

by Samuel Sukhnandan A decision taken by the National COVID-19 Task Force to implement phase three of the reopening plan this weekend has been welcomed by the Georgetown Chamber of Commerce and Industry (GCCI). Nicholas Boyer, president of Chamber, told News Talk Radio 103.1 FM/ Demerara Waves Online on Thursday that while the decision is a step towards reopening the local economy, he urged ...

by Samuel Sukhnandan Active consideration is being given to introducing contactless services at Guyana’s airports, as plans for reopening could now be shifted to August month-end. This was disclosed by Guyana Civil Aviation Authority (GCAA) Manager of Aviation Security, Abraham Doris during the first stakeholder consultation hosted by the Tourism Recovery Action Committee (TRAC) on Thursday. “I think the airport is ...