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Business

New India-made North-West ferry will ship agri produce to Trinidad; India asked to help solve CARICOM’s food transportation problem

The Caribbean Community’s (CARICOM) decades-old sea transportation humbug reducing the region’s more than US$5 billion food import bill would gradually be resolved possibly with India’s assistance, and already the new India-made North West District ferry is expected to ship agricultural produce from northwestern Guyana to Trinidad, President Irfaan Ali announced on Sunday. “We are going to look at CARICOM to ...

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India, Caricom agree to hold annual business summit; Guyana touted as regional hub for Indian businesses

India’s Foreign Minister  Dr. Subrahmanyam Jaishankar on Saturday said he and his counterparts of the 15-nation Caribbean Community (CARICOM) agreed that there would be annual business summit aimed at boosting trade in goods and services. “We agreed that it would be our endeavour every year to hold an India-CARICOM business summit- one year in the Caribbean, one year in India- ...

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Sarwan heads newly-formed India- Guyana Chamber of Commerce

Former Guyanese international cricketer Ramnaresh Sarwan is President of the India-Guyana Chamber of Commerce whose formation was announced at a business roundtable where India’s Foreign Minister Dr. Subrahmanyam Jaishankar was the featured speaker. No representative of the new business organisation spoke at the event that was held at the Guyana Pegasus, but the chairman of the proceedings said the chamber ...

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Wharves being rehabilitated for “game changer” new North West District ferry

Several wharves are being rebuilt to accommodate the newly-built North West District (NWD) ferry, MV Ma Lisha, which is expected to reduce the cost of goods to communities and ship agricultural produce to markets on the coast, authorities said Friday. Public Works Minister Juan Edghill said in preparation for that vessel, more than GY$2 billion worth of contracts have been ...

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India preparing groundwork for long-term oil purchases from Guyana

India and Guyana are preparing to hold commercial negotiations that could that Asian giant securing a long-term contract to buy crude oil from this South American nation, the top Indian envoy here said ahead of its Foreign Minister Dr. Subrahmanyam Jaishankar’s  visit to Guyana from April 20-23. “We are an energy hungry nation so we need to work with Guyana because ...

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Ali to visit Brazil, Dominican Republic

President Irfaan Ali  on Tuesday announced that he is due to visit Brazil in late May to hold talks with that South American giant’s President, Luis Inacio ‘Lula’ Da Silva. “There, we will be discussing a very strong and robust plan for the integration of this region. As you are aware, there are some massive transformative projects that are on ...

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President denies PPP buying Black support for Local Govt Elections; practicing racial discrimination

President Irfaan Ali on Tuesday rejected claims by the People’s National Congress Reform-led A Partnership for National Unity (APNU) that the governing People’s Progressive Party (PPP) paid Afro-Guyanese to become candidates and appear as supporters for the June 12, 2023 Local Government Elections. Reacting to claims by PNCR Leader Aubrey Norton and other persons that Blacks were being literally bought ...

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DR airline begins Guyana-Canada flights in June

The Dominican Republic headquartered SkyCana airline will from June 1, 2023 serve the Guyana-Canada route, President Irfaan Ali said Wednesday. President Ali said he welcomed the news from the CEO of Sky Cana, Frank Diaz Gonzalez.The announcement was made following a meeting between President Ali and Mr Gonzalez at the Office of the President earlier today. SkyCana is a Dominican ...

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Guyana’s Ambassador to US denies contacting American lobby firm on behalf of ‘Shell’ Mohamed

Guyana’s Ambassador to the United States, Samuel Hinds on Tuesday denied that he ever played a role in hiring an American lobbying firm to assist city businessman Nazar ‘Shell’ Mohamed in clearing his name of grave allegations so that he might be considered favourably for an American visa. “I wish to categorically state that at no time did I contact ...

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‘Shell’ Mohamed hires US firm to push for American visa approval; contrasting views weren’t pursued

A Washington DC-based lobbying firm on Tuesday said the United State Department and the American Embassy here have been told that there was no evidence to support allegations of gold smuggling, terrorism or homicide against well-known city businessman, Nazar ‘Shell’ Mohammed and so he should be granted an American visa, but said no one locally with potentially adverse views were ...

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