Business

Guyana and the Canadian province of  Newfoundland and Labrador are next week expected to sign a memorandum of understanding on cooperation in oil and gas, the Canadian High Commission here announced on Friday. Touting the fact that that province has significant experience in servicing Floating Production, Storage and Offloading (FPSOs) and oil rigs, the diplomatic mission in Guyana said the ...

Guyana is moving to increase trade with Cuba to which millions of dollars in goods have been exported, the Ministry of Foreign Affairs said Friday. Guyana’s Ambassador to Cuba, Halim Majeed, disclosed that the amount of rice exported in 2018, for instance, has more than quadrupled when compared to last year. “In 2017, we sold 15,500 tonnes of rice to ...

The Caribbean Community (CARICOM) needs three regional shipping hubs and slackening paperwork bottlenecks to improve transportation, even as Barbados’ Prime Minister, Mia Mottley  said producing large amounts of food in Guyana and Suriname would be senseless if the constraint of regional transportation is not removed. “Production of vegetables or fruit crops in Guyana or Suriname will mean nothing to the majority of ...

Reproduced from Irish Times Digicel, the mobile phone operator owned by Denis O’Brien, has launched legal action against the telco regulator in the former Dutch colony of Suriname for blocking its cross-border data link with Digicel in neighbouring Guyana. Last week, the Telecommunications Authority Suriname (TAS) shut down the allegedly illegal microwave link, which Digicel used to feed data capacity to its unit ...

Coconut producers and vendors in Guyana and other Caribbean Community (Caricom) member states will soon have to abide by new food safety standards for coconut water after scientists found a high percentage of bacteria though no one has been sickened by coconut water, officials said Wednesday. Executive Director of the Caribbean Agricultural Research Development Institute (CARDI), Barton Clarke said  “unacceptable ...

Mariners can now get updated nautical maps and charts to aid them in navigating part of the Demerara River safely through a  British-funded US$1.1 million hydrographic survey, paving the way for increased traffic of boats and ships with larger amounts of cargo,  the Maritime Administration (MARAD) said Tuesday. “The first phase of the project entailed an examination of the depth ...

CGX Energy Inc. has announced their intention to contribute to the capacity building of Berbice residents in the oil and gas sector. Dr. Suresh Narine, Executive Chairman of CGX Energy Inc., announced that 30 Guyanese from the Berbice area will be trained in geo-chemistry. He remarked that the decision comes at the time when the company is moving ahead with ...

The Guyana Telephone and Telegraph Company (GTT) has denied any involvement in recent actions by the Surinamese telecoms authority to pull the data sharing service that was being provided to its competitor, Digicel Guyana. The company’s Chief Executive Officer (CEO) Justin Nedd made this clear at a media briefing at the Herdmanston Lodge, just over a week after Digicel’s data ...

Congratulating the E-Networks company as a leader in innovative cable television services, Prime Minister Moses Nagamootoo said it pioneered the transformation of quality services via cable and high definition fibre optics. On the evening of October 5, the telecommunications company celebrated its 15th anniversary with a gala cocktail at the Marriott Hotel, Kingston Georgetown. The Prime Minister was quoted by ...

The Suriname government has shut down what it deems to have been an illegal microwave link that supplied data from Digicel (Suriname) to Digicel (Guyana), causing  a massive interruption of data services on Digicel’s Guyana network over the last few days. The Guyana Telephone and Telegraph Company had threatened legal action against Surinamese authorities, forcing them to move in and shut ...