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Business

New York-bound Guyanese passengers no longer have to deplane in Jamaica

Passengers flying aboard Jamaica-based airline Fly Jamaica will no longer have to endure the painstaking experience of having to disembark the flight en route to the United States to undergo a second security check after leaving Guyana. The American policy implemented by their Transportation Security Administration (TSA) has been in place for a number of years, restricting all non-American airlines originating ...

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Fire destroys Avinash bond

Fire of unknown origin late Saturday night destroyed a bond belonging to Avinash, a local haberdashery chain. Fire Chief, Marlon Gentle told Demerara Waves Online News that investigators suspect that the fire was “deliberately set.”  He said no one was injured at the bond which is located between the LBI Public Road and Railway Embankment. A probe has so far ...

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Guyana’s state broadcaster now part of territorial defence mechanism

Guyana’s state broadcaster- National Communications Network (NCN)- has taken the first step to begin relaying radio and television programmes across the country via satellite, a move that Prime Minister Moses Nagamootoo said is partly linked to securing the country’s sovereignty. “Guyana is ours! All of Guyana is ours-our Essequibo and the rest of Guyana- so that now we have capacity ...

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Gov’t signs MoU with IAST for sustainable development of hinterland communities

The Ministries of Social Cohesion and Indigenous Peoples’ Affairs, Friday, March 11, 2016 inked a Memorandum of Understanding (MoU) with Guyana’s Institute of Applied Science and Technology (IAST) for the provision of research and development, sustainable business development and analytical services. The agreement was signed between Minister of Social Cohesion, Ms. Amna Ally, Minister of Indigenous Peoples’ Affairs, Mr. Sydney ...

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Canadian oil company raising funds to reprint Amerindian language book

The Canada-headquartered oil exploration company, CGX Energy, has plugged US$5,000 into a plan to reprint the Makushi Language book, Makushipe Komanto Seru, and has pledged to raise the remaining US$10,000 from other businesses to ensure that copies are available in time for Guyana’s jubilee celebrations in May, 2016. The Government Information Agency quoted  Chairman of the CGX Board of Directors, Dr. ...

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Wai-Wais finally paid for re-building Umana Yana

The Wai Wai  Amerindians-who travelled hundreds of miles to Kingston, Georgetown to rebuild the Umana Yana-were Friday finally paid for their labour, one day after their leaders protested that the multi-million dollar payment was taking too long. Guyana’s Ministry of Indigenous Peoples Affairs announced that the 35 builders were paid “in full” GYD$14,175,000 for direct labour costs and the remaining GYD$16,364,138 was ...

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IMF cautions Guyana against wage growth, non-performing loans

The International Monetary Fund (IMF) has issued a caution to the Guyana Government over growth in public sector wages and non-performing loans. This is after a team from the international body met with Government Ministers Winston Jordan, Raphael Trotman, David Patterson and Central Bank Governor Dr Gobind Ganga. In a release on the website, the IMF noted that Guyana’s economy ...

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ACDA promotes local fishing industry to boost coastal village economies

In a bid to revive coastal village economies, cultural organization, African Culture and Development Association (ACDA) is taking the lead in reviving and creating several industries that will boost economic village activities. The dormant billion -dollar artisanal fishing industry is being touted as the first area of interest even as the agency works to provide assistance in other sectors. ACDA has invited persons living on ...

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City businessman shot while attempting to intervene in robbery

A businessman was shot by bandits Wednesday afternoon when he attempted to intervene in a robbery nearby his business premises on High Street, Werk-en-Rust, Georgetown. Police said the  owner of G.A. Imports saw a robbery in progress and went inside for his licensed firearm. On returning, one of the bandits opened fire on him. “As soon as he returned to the front ...

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GWI evaluating food-based agent to improve water quality

The Guyana Water Incorporated (GWI) Wednesday said it has commenced evaluating a food based agent, Seaquest, which has the ability to improve water quality by reducing the effect of iron present in water. The programme is part of GWI’s overall water quality improvement programme being executed by the company’s Scientific Services and Technical Services Departments.  The product is being evaluated ...

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