Business

In the wake of Trinidad and Tobago ‘s refusal to allow entry of milk and flavoured water produced by a leading Guyanese manufacturer, Demerara Distillers Limited (DDL), the company on Tuesday accused that sister Caribbean Community (CARICOM) member state of imposing trade barriers. DDL Chairman, Komal Samaroo complained bitterly about Trinidad and Tobago’s resort to enforce one of its animal ...

Representatives of ExxonMobil Guyana Limited and RAMPS Logistics on Friday pleaded not guilty on behalf of their companies in connection with two separate charges of allegedly falsifying customs declarations to the amount of US$12.1 billion for imports of oil well equipment and other supplies. Mr Steve Gentry of ExxonMobil pleaded not guilty to the charge of having caused to be ...

By Peter Richards CASTRIES, St. Lucia, May 8, CMC – Prime Minister Phillip J Pierre has blamed a “conspiracy” for the removal of Dr. Hyginus “Gene” Leon as president of the Barbados-based Caribbean Development Bank (CDB), who tendered his resignation earlier this month after being sent on administrative leave in January. “I want to put on record St. Lucia’s full ...

by Peter Richards BRIDGETOWN, Barbados, May 6, CMC – St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves says “unsuccessful attempts” had been made to impugn the character of the former president of the Barbados-based Caribbean Development Bank (CDB) Dr. Hyginus “Gene “ Leon, whom he described as “a distinguished son of our Caribbean civilisation from St. Lucia”. Last ...

General Secretary of the People’s Progressive Party (PPP), Bharrat Jagdeo on Sunday said Marxism-Leninism and socialism were removed from that political organisation’s constitution because the Cold War had ended, ideologies mean little to party supporters and the time had come to bring the constitution in line with international economic realities. Describing the erasure of those ideological and theoretical references as ...

Leader of the People’s National Congress Reform (PNCR), Aubrey Norton on Thursday backed calls by two United States-based anti-government activists to boycott businesses in New York and Guyana whose owners support the People’s Progressive Party Civic administration. “If it necessitates bringing it to local businesses, I see no problem,” he told a news conference, adding that the Irfaan Ali-led government ...

Representatives of ExxonMobil Guyana and its customs brokerage company, RAMPS Logistics are now set to appear in the Georgetown Magistrates Court for allegedly falsifying customs declaration to the amount of US$12.1 billion for imports of oil well equipment and other supplies. In the name of Guyana Revenue Authority’s (GRA) Commissioner-General, Godfrey Statia, ExxonMobil has been charged with having caused to ...

A 25-year-old man has been arrested for allegedly robbing a hot dog vendor at gunpoint while she was returning to her Ankerville, Port Mourant home because she was unwell, police said. “He was told of the allegation, cautioned and arrested. He remains in custody,” the Guyana Police Force said. The law enforcement agency does not routinely release the names of ...

The House bipartisan Public Accounts Committee (PAC) could soon be empowered to summon persons to account for public funds if PAC Chairman, Jermaine Figueira gets sufficient support from the government. He asked that the PAC be deemed a legislative body, as defined in Legislative Bodies (Evidence) Act, Chapter 2 of 2012, with the power to summon persons to appear before ...

ExxonMobil Guyana hopes that the floating production, storage and offloading (FPSO) vessel can produce more than the current output of 252,000 barrels per day, company President Alistair Routledge said Tuesday. He says ExxonMobil, the operator in the Stabroek Block will seize the opportunity of installing gas risers for the gas-to-shore energy pipeline to make some adjustments to that FPSO. “Part ...