Business

Guyana is moving full steam ahead to award more oil concessions, but this time it would be done through a competitive system instead of striking one-on-one deals, Head of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe announced Monday. “This is likely to be a bid round” Bynoe told a press conference he shared with British oil and ...

The international call centre, Teleperformance, is about to occupy the long vacant six-storey building at Camp and Lamaha Streets, the owner Neil Sooklall said Saturday. He told Demerara Waves Online News that he understands that the corporate offices of the France-headquartered call centre would be occupying all the flats of the concrete building. Sooklall said Teleperformance has rented the building ...

The Guyana Rice Development Board (GRDB) says no Cinderella-branded rice has been shipped to Jamaica for the year and is surprised by reports that 70 metric tonnes of the Guyanese grain have been seized by authorities on that Caribbean island. GRDB Deputy General Manager, Allison Peters said rice shipments directly from Guyana to Jamaica usually take about seven to 10 ...

Reproduced from Jamaica Observer KINGSTON, Jamaica — The Food Storage and Prevention of Infestation Division (FSPID), in the Ministry of Industry, Commerce, Agriculture and Fisheries (MICAF) says it has confiscated 70 metric tonnes (1,575 bags) of White Cinderella rice from Guyana due to high microbial content. The rice, valued at approximately $4.6 million, was imported from Guyana by a local ...

The Guyana Revenue Authority’s (GRA) enforcement agents on Wednesday intercepted a shipping container of liquor said to be valued at more than GYD$15 million which a local shipping agent declared as other items, GRA Commissioner-General Godfrey Statia said. Unofficial estimates, according to other sources, put the value of the undeclared liquor at as much as GYD$40 million. Investigators are working ...

Port of Spain, Trinidad. In the case of Chandra Ramotar Singh v Bhagwantlall Mossai and Alvin Alves, the Caribbean Court of Justice (CCJ) today held that two land titles obtained by Mr. Bhagwantlall Mossai and Mr. Alvin Alves should be cancelled because they were obtained by fraud. The appeal concerned land at Lot 14 Mortice, Mahaicony River in Guyana. Although ...

The Director of Energy, Dr. Mark Bynoe, Wednesday morning announced that ExxonMobil has made its 11th and 12th discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells in the southwest section of the Stabroek Block. “This continues to be positive news for the people of the Co-operative Republic of Guyana, but the real substance of these finds will come when ...

Attorney General Basil Williams has filed an appeal against Chief Justice Roxane George-Wiltshire’s decisions in which she found that the no-confidence motion was validly passed and the President and Cabinet ought to have resigned immediately. Williams, who named House Speaker Dr. Barton Scotland and Opposition Leader Bharrat Jagdeo as the respondents, said the Chief Justice “erred and misdirected herself in ...

The Ministry of Finance and The Guyana Oil Company Limited on Sunday announced a “significant reduction” in prices for gasoline and diesel fuel because they are being purchased cheaper. Starting tomorrow February 4th, Super 95 gasoline will be wholesaled at $208.00 per litre or 4% less, and gasoil (diesel fuel) at $207.00 per litre or 10% less. Simultaneously, retail customers ...

Several government ministers were on a fan-out exercise in several communities across Linden, making promises and highlighting achievements as the three-year-old coalition gears up to seek a second straight term in what could very well be early general elections. Decked out in their parties’ political colours of gold for the Alliance For Change (AFC) and green for the People’s National ...