Business

Guyana is preparing for domestic negotiations among several stakeholders to address several aspects of forestry governance before licences are issued, now that a Voluntary Partnership Agreement (VPA) with the European Union has been signed, authorities said. The VPA seeks to improve the application of forest laws, strengthen forest governance and promote trade in legal wood products. Representatives of Guyana and ...

The American Chamber of Commerce (AMCHAM) Guyana and the Association of Chartered Certified Accountants (ACCA-Caribbean) on Monday signed a memorandum of understanding to equip Guyanese with the right set of skills for the emerging oil and gas sector, officials said. The two-year agreement, which was signed by AMCHAM Guyana President, Zulfikar Ally and Head of ACCA Caribbean, Shelly Ann Mohammed. ...

Guyana is being urged to conduct high-tech integrated mapping to locate and value existing and new mineral resources for effective planning and future investment, a senior official of a geospatial survey company says. “One of our objectives in providing the tools to allow informed governance is to give a picture of the resource wealth of the nation. We can identify ...

A cargo boat sank early Sunday morning off the coast off North Western Guyana as it was taking ‘goods’ from Georgetown to Mabaruma and Port Kaituma, sources said. Officials identified the boat as MV Shivita Two and owned by T. Ballack  of Mahaicony, East Coast Demerara. The captain and all crew members were accounted for, but evidently the cargo has been ...

The newly-elected Councillors of Guyana’s capital, Georgetown, on Friday appeared set to be saddled with some garbage and a GYD$160 million debt to two waste collection companies. Acting Town Clerk, Sharon Harry-Munroe told reporters the City’s treasury is broke and could not pay Cevon’s Waste Management Inc. and Puran Brothers Disposal Inc. She said now that Cevon’s and Purans have ...

Guyana and Ghana on Friday signed a bilateral air services agreement that could pave the way for direct flights between Africa and South America once the two countries make the routes  sufficiently attractive for low-cost airlines to get passengers. If direct flights begin between the two continents, the journey would be reduced to eight hours from almost 38 hours via the ...

Guyana and other Caribbean nations want a seat on the International Civil Aviation Organisation’s (ICAO) council, the highest decision-making body of that United Nations-affiliated organisation, officials said Thursday. Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt. Col. Egbert Field told Demerara Waves Online News that the region’s interests are not properly represented by being part of the Latin ...

Guyana and Aruba on Thursday inked a memorandum of understanding (MoU) to pave the way for more carriers from that Dutch territory to fly to the lone former British colony on the north-east coast of South America. Signing the agreement were the Director-General of the Guyana Civil Aviation Authority (GCAA), Retired Lt.Col. Egbert Field and the Manager of the of ...

The Guyana Airways Corporation Inc. (GAC) on Wednesday won the legal right to use the name after the High Court found that the Registrar of Companies did not follow the correct procedures at the time of registration. The decision was handed down by High Court Judge, Fidela Corbin after receiving arguments by the State and the company’s lawyer, Pamela De ...

A stove flare-up at Church’s Chicken  (Bartica branch) was Monday night quickly put out by staff and fire fighters, and the building was not damaged, an official said. The official said the fire ran along the duct. The outlet was filled with thick black smoke during the blaze. Other sources said a stove exploded at about 8:30 PM. The three-story ...