Business

Republic Bank (Guyana) Limited  on Wednesday announced the appointment of Mr. Amral Khan as Managing Director, effective August 1. He will succeed Mr. Richard S. Sammy who will be taking up a new appointment at Republic Bank in Trinidad and Tobago, the international bank said in a statement. A career banker, with over 34 years of banking experience, Mr. Khan ...

The Guyana Civil Aviation Authority (GCAA) says it got technical help from its Ghanaian counterpart aviation body to certify the helicopter deck aboard the floating production storage and offloading (FPSO) vessel, Liza Destiny, that is on its way to Guyanese waters to prepare for commercial oil production. “The inspection was conducted in collaboration with the Ghana Civil Aviation Authority (Ghana ...

Pilots landing at the Cheddi Jagan International Airport (CJIA) are from next year expected to do so with the help of an upgraded Instrument Landing System (ILS), the Guyana Civil Aviation Authority (GCAA) says. The regulatory agency and Canada’s Intelcan Technosystems Inc. signed a contract for that company to install the new system to assist pilots in landing on the ...

Reproduced from Trinidad’s Newsday A Guyanese woman appeared before magistrate Cheron Raphael in the Arima Magistrates’ First Court in Trinidad charged with misbehavior while on a flight to that twin-island Republic. The magistrate read the charge that on July 20, Sylvanie Roxanne Shivnarine behaved in a manner which caused annoyance to passengers on flight BW457 after being requested to cease ...

Reproduced from Energy Voice By Allister Thomas Guyana’s plans to raise oil and gas royalties may “diminish attractiveness” to future investors, according to new analysis. Earlier this month the South American nation announced its intention to raise the government’s take in future oil licences. Analyst firm GlobalData said the country could raise royalties from the current 2% to 5%, but ...

Chief Elections Officer, Keith Lowenfield has told the Private Sector Commission (PSC) that he began house-to-house registration based on legal advice by the Guyana Elections Commission’s (GECOM) lawyer who said that all actions before the Caribbean Court of Justice (CCJ) ruled that James Patterson’s appointment was flawed and unconstitutional were valid. “GECOM’s Legal Officer (Excellence Dazzell) upon my request advised ...

The Guyana Manufacturing and Services Association Limited (GMSA) on Monday rejected calls by a Belizean producer of Plantation white, or mill white, sugar to impose a Caribbean-wide 40 percent tax on extra-regionally refined sugar, saying that Plantation white sugar will result in poor quality products and in some cases injury to consumers. “If manufacturers were to use plantation white instead ...

Residents, fearful of pollution from an oil production-related chemical storage plant expected to be built in suburban Georgetown, boycotted a community meeting the United States-headquartered company called to allay fears. One of the residents said they decided against attending the meeting because their grouse is not with the company but with the Environmental Protection Agency (EPA) that they believe has ...

Director of the Guyana Tourism Authority (GTA), Brian Mullis does not believe that crime is discouraging tourists from visiting this South American nation because visitor figures continue to grow. He says most of the crime seen is petty theft in the capital city, Georgetown, and must be placed in the proper context. “I think we also acknowledge that most of ...

The idea of handing out ‘oil money’ to Guyanese continues to get low marks from experts such as Finance Minister Winston Jordan and Investment Fund Manager, David Pollard. Delivering a public interest lecture on the “Impact of Oil Revenues on Guyana” under the auspices of the Guyana Securities Council, Pollard made it clear that cash handouts would encourage laziness among ...