Business

Guyanese are on the verge of benefiting from higher data speeds on their mobile phones, with one of the country’s major phone companies announcing that it has been granted approval to offer 4G service. “Finally, we will bring you 4G. I know that you’ve waited a long time and I am as happy as you to say that we have ...

Dynamic International Airways and the Guyanese-owned Roraima Airways are teaming up to convert the Cheddi Jagan International Airport a hub for flights to South American countries and the United States. Chief Executive Officer of Roraima Airways, Capt. Gerry Gouveia made the announcement at the unveiling of a Guyana 50th Independence Anniversary logo on a Dynamic Airways aircraft at New York’s ...

After months of consultations with a number of stakeholders, the Telecommunications Bill is expected to be tabled again in Guyana’s National Assembly by the end of May 2016. This was disclosed by Minister of Public Telecommunications, Catherine Hughes during a recent interview with the Government Information Agency (GINA). “There were extensive discussions so what we want to do is to ...

Veteran pilot, Captain Gerry Gouveia hailed Guyana’s record of aviation safety despite the “very, very rough and hostile” terrain and number of daily flights in and out of the country. “This is aviation is one of the safest in the world and I would say one of the safest aviation industries in the Caribbean based on where we operate,” he ...

Trade Ministers of the 15-nation Caribbean Community (Caricom) have called on United States (US) and European commercial banks not to halt doing business with their counterparts in the region because it would hurt economies. Antigua and Barbuda’s Trade Minister, Chet Greene told the ministerial meeting, which ended last Friday (April 22, 2016) in Guyana, that already evidence shows that Caribbean countries ...

The controversial Environmental Tax which saw the Government of Guyana having to pay millions of dollar to a beverage company is still haunting the Government as two other importers look to cash in with similar lawsuits. Minister of Legal Affairs Basil Williams at a press conference on Thursday said that two other companies – S.M Jaleel and Guyana Beverages Inc ...

Demerara Waves Online News hereby retracts the insinuations, allegations and contents of a previously published article that the Minister of State, Joseph Harmon might have been involved in ordering the Cheddi Jagan International Airport transfer the GA2000 hangar to BK International. Demerara Waves hereby further issues an unqualified apology for any harm and or hurt that said publication may have caused ...

Caribbean rum producing nations have so far failed to take the United States (US) to the World Trade Organisation (WTO) over its subsidies to Puerto Rican and United States Virgin Islands rum producing companies that end up unfairly competing against their counterparts in Caricom. A well-respected trade expert told Demerara Waves Online News that all the studies have been done ...

Ex-President Donald Ramotar on Thursday maintained that US$5 million for Guyana’s shares in Guyana Telephone and Telegraph (GTT) have not yet been paid. “The five million US (dollars) is still outstanding,” he told Demerara Waves Online News.  Later Thursday, he issued a prepared statement calling on the government to lay bare its records to show that the money was paid ...

Guyana and India have inked a Memorandum of Understanding (MoU) for the establishment of a US$1 million Information Communication and Technology (ICT) Centre of Excellence in Guyana. Signing the document were Minister of State, Joseph Harmon and India’s High Commissioner in Guyana, Mr. Venkatachalam Mahalingam. This Centre will provide training for public sector ICT professionals to ensure the availability of a highly ...