Business

by Abigail Semple Fly Jamaica Airways will soon be offering chartered direct flights from Guyana to Cuba. This was revealed by the airline’s Chief Executive Officer (CEO) Roxanne Reece, at the company’s opening of its second ticketing office in Central Georgetown. Reece told Demerara Waves that Fly Jamaica is hoping to have the first flight to Cuba in December of ...

The Private Sector Commission on Friday announced that a delegation of private sector representatives will be journeying to Cuba to take part in the country’s annual international trade fair and explore business opportunities. The delegation, which will be led by Minister of Business Dominic Gaskin, comprises of representatives from Roraima Airways, Banks DIH Ltd., Beharry’s Group of Company, Global Seafoods, ...

The members of the Public Procurement Commission (PPC), who were sworn in by President David Granger, earlier Friday have been charged to uphold the sacrosanct tenets of the Constitution and to be independent, impartial and fair in the execution of their duties. At a simple but significant ceremony, held at the Ministry of the Presidency, Ms. Emily Dodson, Ms. Carol ...

The Competition and Consumer Affairs Commission (CCAC) on Thursday said it is being flooded with numerous complaints about soured deals with auto dealers  and said those sellers are bound by the three Rs- Repair, Replace or Refund- if vehicles that they sell develop defects during the warranty period. “The other thing is, understanding that there is something called a warranty. All ...

by Abigail Semple The steady flow of nearly 1,000 Cubans coming to Guyana every week to shop mainly clothing is being widely hailed as good for this South American country’s economy at a time when there is much talk about sluggishness and over-reliance on gold to prop up revenues. While cambio (foreign exchange) dealers experience mixed fortunes as far as ...

The Ministry of Business on Thursday launched its 2016-2020 strategic business plan, and Minister of Business and Tourism, Dominic Gaskin expressed confidence that its implementation would help boost Guyana’s economy and improve its development. “By the time we have concluded the implementation of this plan you will see significant improvements to aid the business environment.” Gaskin told the launching ceremony ...

Guyana is hoping that the Caribbean Community (Caricom) can unblock Trinidad and Tobago as the route through which honey exports must be transshipped  to regional and extra-regional markets, following a US$3,000 fine that La Parkan had to pay for violating the laws of that twin-island nation. Trinidad and Tobago laws prohibit the transportation of honey within one mile of that ...

Caribbean Sub-regional Director of the Food and Agriculture Organisation (FAO), Dr. Lystra Fletcher-Paul says Caribbean nations should seriously consider restricting the importation of certain foods once they are in a position to produce healthier substitutes. “I don’t think so at all. It’s high time. What we are waiting on is the information and we have to have a regular supply ...

The Caribbean Week of Agriculture, an annual forum of technical experts and farmers organisations, could soon become a marketplace for the private sector in the region’s quest to boost food production and reduce its annual food import and health care bills. Secretary General of the 15-nation Caribbean Community (Caricom), Irwin La Rocque on Wednesday issued the call in an address ...

A top official of the Caribbean Community’s (Caricom) largest rum producer on Wednesday recommended a raft of steps to help improve the growth and competitiveness of the region’s agricultural sector and overall business innovation. Managing Director of Demerara Distillers Limited (DDL), Komal Samaroo told the Caribbean Week of Agriculture’s (CWA) Alliance Meeting – Strategies for Attracting Investments into Agriculture that ...