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Business

Govt scraps BK Tiwari’s advisorial appointment , amid mounting pressure

Under intense criticisms from certain quarters, the Ministry of the Presidency announced  that Brian Tiwari’s appointment as Business Adviser to the government has been scrapped. “The appointment of Mr. Brian Tiwari as Ministerial Advisor on Business Development has been rescinded,” the Ministry of the Presidency said in a statement. The People’s National Congress Reform (PNCR), which is the major constituent ...

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West Berbice Chamber wants tax concessions for rice farmers

The President of the West Berbice Chamber of Commerce, Imran Sacoor on Saturday urged government to provide concessions to rice farmers, amid concerns about the devastation to hundreds of acres of paddy caused by the prolonged drought. Addressing the formal opening of the first West Berbice Business Expo being held at the Bath Settlement Community Centre Ground under the theme ...

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Time for capital towns; self-financed, business-oriented municipalities- Granger

Five days after Guyana’s first Local Government Elections in more than 20 years, Guyana’s President David Granger on Thursday announced plans to promote the creation of capital towns in interior regions and he called for all municipalities to generate their own funds and become self-sustainable. “Municipalities must be capable of weaning themselves off of government subvention and earn their keep. ...

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Guyana’s rice possibly going to Venezuela via Suriname

Although Venezuela has stopped buying rice from Guyana, government here believes that rice producers in Berbice are shuttling supplies across to Suriname for onward shipment to the Spanish-speaking nation which offers higher than world market prices. Minister of Natural Resources, Raphael Trotman said based on casual observations rice production in Berbice has increased and locally produced grain is making its ...

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Govt leaves options open for purchasing from company owned by alleged money launderer

Even as a Guyanese businessman awaits trial in the United States for alleged money laundering, the Guyana government on Thursday could not give a clear-cut commitment on whether it would discontinue purchasing heavy duty machinery from the company headed by the suspect. Minister of Natural Resources, Raphael Trotman, when asked at a post-cabinet news conference, whether government would stop buying ...

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Govt not ruling out buying aircraft as charter cost soars

The Guyana government has been told that it should consider buying its own fleet of aircraft because it is too expensive to charter planes to shuttle government officials across the country and overseas, a senior government official said Wednesday. Minister of Natural Resources, Raphael Trotman, who  hosted a post-cabinet news briefing,  said he was unaware of a plan by the ...

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Fate of wage negotiations in limbo, as Guysuco rules out 2015 pay hike

In the wake of an announcement by the Guyana Sugar Corporation (Guysuco) that it cannot afford to pay wage and salary increases for last year, the two unions said their next move would be to await the outcome of talks next weeks. President of the Guyana Agricultural and General Workers Union (GAWU), Komal Chand said he was waiting on the ...

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GET READY! Gov’t predicts economic boom for 50th anniversary

The Guyana Government is urging that the local private sector get ready to cash in on the opportunities that will be made available to them as Guyana’s celebrates 50 years of Independence in May 2016. This was the message delivered to an audience of tourism and private sector stakeholders as Tourism Minister Cathy Hughes launched Guyana’s 50th anniversary celebrations at ...

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Digicel signs new deal with NBCUniversal

Digicel Play Tuesday announced that it recently signed a major content deal with NBCUniversal International Distribution enabling Digicel Play to provide its customers with even more of everything they want – premium content through the most attractive home entertainment system in the region. NBCUniversal, a subsidiary of Comcast Corporation, is one of the world’s leading media and entertainment companies and ...

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Georgetown kite-flyers to pay to use open-spaces

Persons flying kites in open spaces in Georgetown will have to pay to do so to assist with preparation of the areas and clean-up activities afterwards. “Citizens who use the areas would be required to pay a minimal fee to offset expenses, and to assist with after event cleaning activities,” the City administration said. In a release, City Hall did ...

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