Business

Fulbright Scholar, Dr. Norman Munroe will begin research in Guyana on preventing corrosion of pipelines in the oil and gas industry and facilitate accrediting engineering programmes at the University of Guyana, the United States (U.S.) embassy in Guyana said. That research is currently underway at Florida International University’s (FIU) laboratory. The U.S. embassy says Dr. Munroe, who is an FIU ...

The Demerara Harbour Bridge has resumed full operation following Monday’s incident involving a barge and a tug that resulted in extensive damage. “The hard working and tireless staff of DHBC have completed the realignment of the damaged bridge,” the Bridge management said in a statement. All vehicles, including laden and unladen trucks under 18 tonnes are now allowed to transit ...

Thousands of residents and businesses in Demerara and Berbice will experience another round of blackouts because the Guyana Power and Light (GPL) says it has suffered a total shortfall of 23 megawatts (MW) due to a variety of reasons. “With a deficit of approximately 23 MW, customers in Demerara and Berbice will experience periods of service disruptions. Public advisories will ...

WeLead Caribbean on Wednesday announced the inclusion of Her Imperial Highness Princess Ariana Austin Makonnen of Ethiopia as a speaker to the 3rd Annual Women’s Leadership and Business Conference, PowHERful: Transition from Inspiration to Action. This year’s event will be held on September 18th – 19th, from 9 a.m. to 4 p.m. at the Arthur Chung Conference Centre. Her Imperial ...

A section of Guyana’s business community has reacted sharply to United States Ambassador, Sarah-Ann Lynch’s warning that recent chatter about local content may scare away foreign investors. Senior Vice President of the Georgetown Chamber, Timothy Tucker indicated that Ms. Lynch is an American public servant who was merely representing her country’s business interests. Mr. Tucker says nothing is wrong with ...

The Demerara Harbour Bridge (DHB) will be reopened to cars, minibuses, motorcycles and small canters from 6 pm Tuesday evening, the Minister of Public Infrastructure said. While the General Manager of the Bridge Corporation, Rolston Adams declined to state a fixed date when marine retraction will be allowed, he said that retraction would resume once systems are in place to ...

The Georgetown Chamber of Commerce and Industry (GCCI) on Tuesday said its planned Business Development Forum would be geared to helping small businesses find other sources of financing. Senior Vice President of the GCCI, Timothy Tucker says that’s because interest rates at commercial banks are very steep compared to crowd-funding, boot-strapping and equity. “Apart from electricity costs in manufacturing, is ...

Scheduled garbage collection in Guyana’s capital, Georgetown has been disrupted as a result of the damage to the Demerara Harbour Bridge. The Georgetown City Council says that’s because Puran Brothers is based in Region Three (West Demerara). Areas now experiencing a build-up of uncollected garbage are Kitty, Subryanville and the commercial district of Central Georgetown. City Hall says it is ...

Minister of Public Infrastructure, David Patterson said works on the severely-damaged Demerara Harbour Bridge (DHB) would be completed by the latest Tuesday morning, allowing for the resumption of light traffic flow across the Demerara River. The minister gave an update on the situation at the DHB Monday morning on Guyana’s national, state-owned television and radio broadcasting corporation, National Communications Network. ...

A sprawling 700-acre agricultural estate, operating under the name Pomeroon Trading, is set to become the third Guyanese company to be listed on the Guyana Stock Exchange in 10 years. Company Advisor, United Kingdom parliamentarian, David Lammy, says the company is about to sell more than 130,000 shares at US$7.50 per share to any new investor. “Pomeroon Trading will be ...