Business

The company that built the Kato Secondary School on Thursday sought to debunk government’s criticisms about the quality of the construction while at the same time saying that it would be willing to fix the defects. “Kares Engineering is prepared to fix defects which should have been identified under the defects liability period and to remedy those that are applicable ...

The Guyana government has found that the parking meter agreement weighs heavily in favour of the investor rather than the Georgetown City Council and has recommended that an accountant conduct an analysis of the figures. Minister of State, Joseph Harmon said Cabinet on Tuesday considered reports on the parking meter agreement by Attorney General and Minister of Legal Affairs, Basil ...

The High Court will first have to issue orders before University of Guyana student loan borrowers can be blocked from leaving the country, according to legal sources. The sources explained that as it relates to the student loan borrowers, the Attorney General , representing the Guyana government, would first have to sue the indebted graduates and students for failure to ...

A call for Government to formally pronounce on a proposed travel ban for University of Guyana (UG) loan recipients, who are indebted to Government, will be heeded,  Minister of Citizenship Winston Felix said. The Government Information Agency (GINA) reported that the request was put to Minister Felix as he appeared before the Parliamentary Sectoral Committee on Foreign Relations, accompanied by Minister ...

The Kato Secondary School in Region 8, which was built at a cost of GYD$728.1 million, has massive defects that would require at least another GYD$140 million to fix, according to representatives of the auditing company, Rodrigues Architects Limited. A recent integrity test of the structure has revealed that 60 percent of tests done on the concrete failed while a ...

The Suriname-headquartered airline, Fly Allways, says it will soon begin serving several Caribbean destinations where there are large populations of Guyanese residents. Using two Fokker 80-seater jets, the carrier is slated to begin scheduled flights on August 9 on the Suriname- Guyana-Barbados route. Plans are on stream to add St Maarten, Curacao, St. Lucia , Dominican Republic and Cuba to ...

Passengers leaving Guyana are experiencing flight delays and cancellations due to a collapse of the high-speed data link that serves the check-in system at the Cheddi Jagan International Airport (CJIA), officials said Monday. A senior airport official said the data-link, which has a much higher capacity, has been down for the past two days. “The line that they provide the ...

Guyana is much closer to establishing a Public Procurement Commission  14 years after the constitution was amended to provide for that oversight body. When the National Assembly meets on Thursday, August 4, 2016, parliamentarians will adopt the  report of the Public Accounts Committee and  signify to the President that the quintet has been recommended in keeping with the Guyana Constitution. ...

Hundreds of small loggers have been left with stocks on hand and no buyer, resulting in a severe economic downturn since the closure of the Chinese company, Bai Shan Lin. Kwakwani logger, Charles Thom lamented the economic impact of the pull out of Bai Shan Lin and low sales to other buyers. “Right now dem shops struggling. The chicken farms are shutting ...

A terrible rainstorm struck parts of the East Bank Demerara including Garden of Eden where the roof of the Guyana Power and Light’s generation station was damaged. The power company said the roof and other parts of the building were damaged as a result of high winds at about 5 PM Saturday, July 30, 2016. After the Garden of Eden ...