Business

Guyana has moved one step forward to increase turmeric production, with the construction of a factory at Hosororo, North West District in Region One. Chief Executive Officer of the National Agricultural Research and Extension Institute (NAREI), Dr. Oudho Homenauth told Demerara Waves Online News that the factory and transportation facilities were funded by the Guyana government to the tune of GYD$18 million ...

Vendors selling on the western side of Demico House, Stabroek Market Squarer were Friday night enraged by plans to ban them from selling there from next week Tuesday, but Deputy Mayor, Lionel Jaikarran said he was unaware of any decision. In a handbill purportedly issued by City Hall to vendors there and bearing the name of Town Clerk, Royston King, ...

The Brazilian-registered aircraft, which landed on an illegal airstrip in North Rupununi two months ago, is being claimed by a company in Brazil, but there has been very little development since, according to Minister of State, Joseph Harmon. “There was some communication between some persons from Brazil that claimed that the aircraft was actually stolen and we asked them to ...

At least 80 Guyanese from several hurricane-battered Caribbean islands will this weekend begin returning home on several airlines including planes owned by domestic carriers, government announced on Thursday. “All of them, who we know operate aircraft on a commercial basis have come forward today to give assistance to make flights available to some Caribbean destinations to bring back an estimate ...

Opposition Leader, Bharrat Jagdeo on Thursday announced that he would be complaining to the Inter-American Development Bank (IDB) about opaque procurement processes, a day after that hemispheric bank said it would be assisting Guyana to set up a special mechanism to fast-track projects. “The IDB needs to know that the lack of delivery on the contracts is not because they ...

IRVING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) on Thursday announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek and Liza Deep. Following completion of the Turbot-1 well, the Stena Carron drillship will move to the Ranger prospect. An ...

Fifty-eight year-old Sheila Harricharan, whose house was destroyed in the recent storm that hit the Bath Settlement community, West Coast Berbice,  will no longer be forced to reside in a makeshift shack as works have commenced to rebuild her home. As was promised by Prime Minister Moses Nagamootoo who visited the area some days after, Harricharan would have a roof over ...

  Guyana’s Ministry of Agriculture has launched a value-added agricultural programme aimed at diversifying agriculture and other economic activities in the hinterland. The Ministry of Agriculture’s focus for Agriculture month 2017 is ‘Food Security and Hinterland Development: A National Priority’, however, this message will be promoted by the government throughout incoming years to emphasise the need for diversification of local ...

One of the victims of the recent freak storm at Bath Settlement on the West Coast of Berbice is yet to receive proper assistance from the Government after Prime Minister Moses Nagamootoo visited the area and promised that her collapsed home would be rebuilt. However, when Demerara Waves Online visted what remains of the woman’s two bedroom wooden home, 58-year-old ...

Guyana for the first time has female ship captains who are responsible for all operational aspects of ships at sea or in port, as the country seeks to address an “acute shortage” of qualified persons to man vessels. They were among 16 Marine Cadets who graduated from a Maritime Administration (MARAD)-organised course that began in 2012. “It is the first ...