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Business

Long-distance minibus routes may be divided – National Road Safety Council

The Guyana National Road Safety Council (GNRSC) on Sunday suggested that long-distance minibus routes would have to be divided to ease traffic congestion along major roadways and in the capital city, Georgetown. GNRSC Coordinator, Ramona Doergen assured that the cost of transportation would not be increased when all the fares on long-distance routes are added up to commuters’ final destinations ...

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ExxonMobil oil exploration served up 1,700 Guyanese jobs, GYD$36 billion to local businesses; gov’t crafting Guyana local content policy

ExxonMobil (Guyana) on Wednesday played up the local benefits of its operations in Guyana over the last few years, even as government’s Energy Department said it was crafting a local content policy that is relevant to Guyana. Addressing the opening of the Guyana International Petroleum Business Summit & Exhibition (GIPEX 2019) at the Marriott Hotel in Georgetown, ExxonMobil’s Senior Vice ...

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Cash-strapped Troy Resources gold mining company fires hundreds of workers in Guyana

Financially-crippled by six weeks of closure that government had ordered following the death of a geologist in a mining pit, the Australian gold mining company, Troy Resources Limited, on Monday said it would send home almost 400 workers in Guyana. In an internal one-page memorandum seen by News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News, the company told employees that ...

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Demerara Offshore launches with eyes on local content development

Demerara Distillers Limited (DDL), through its subsidiary Demerara Contractors and Engineering Limited (DCEL) and  Caribbean Welding Supplies Limited (CWSL) have established an oil and gas services joint venture, Demerara Offshore Incorporated. Demerara Offshore will be providing a wide range of services to the oil and gas sector that include the development of a world-class shore base facility, welding and fabrication, ...

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Guyanese dominate Digicel Youth Pan Caribbean Film Competition

Two Guyanese earn the top prizes for the Digicel Youth Pan Caribbean Film Competition at the Turks & Caicos International Film Festival Sunday, 17 November 2019, Castries, St. Lucia – The Digicel Youth Pan Caribbean Film Competition, as part of the inaugural Turks & Caicos International Film Festival, announced the winners of the competition. Open to amateur filmmakers across the Caribbean, ...

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Spices mixed to perfection on show at GuyTIE

by Gwen Evelyn Lakiraj Singh and his three sons have carved out a special niche in the local spice market, and for a very good reason. They don’t just crunch herbs and spices into bags and churn them out for a quick payback; the Singhs’ approach is much more precise and attentive. They prepare the finest Guyanese spices by using ...

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IAST pushing local products to outshine imports; ready for GuyTIE 2020

by Gwen Evelyn GEORGETOWN, Guyana — November 15, 2019 — What started out as a quest to develop local products and add value has turned into a thriving and growing industry today. Cereals, personal-care products and condiments are now all being produced locally at the highest standards and export-ready quality. This is thanks to the work being done at the ...

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No place for lip-service against corruption, time for action -UG best graduating student

University of Guyana (UG) 2019 valedictorian, Shane Rampertab Saturday morning issued a stirring appeal for graduates to play a major role to fight corruption as the country prepares for the start of commercial oil production next month. Addressing the first of two graduation ceremonies at the Turkeyen Campus, he said his call for an end to corruption was in the ...

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PODCAST: News-Talk Radio Guyana 103.1 FM panel discussion: “Diabetes: Signs, Symptoms, Impacts and Coping”

News-Talk Radio Guyana 103.1 FM presents a special panel discussion to mark World Diabetes Day 2019 under the topic: “Diabetes: Signs, Symptoms, Impacts and Coping”. World Diabetes Day, created by the International Diabetes Federation since 1991, is observed on November 14 every year in keeping with a resolution adopted by the United Nations General Assembly in 2007. World Diabetes Day ...

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Tullow shares fall most in 21 years on Guyana oil-quality concern

Reproduced from Bloomberg Tullow Oil Plc fell the most in two decades in London trading after saying it’s reassessing the commercial viability of discoveries in Guyana. The stock sank as much as 23% on the news that crude from two wells in the South American country was found to be heavy, with a high sulfur content. That’s disappointing to shareholders ...

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