Business

The Inter-American Development Bank (IDB) approved a $30 million loan to strengthen the protection of vulnerable populations in Guyana, the Western Hemispheric financial institution said on Wednesday. “This loan, approved by the IDB’s Board of Executive Directors, will strengthen the Senior Citizen’s Pension program by expanding electronic payments through Mobile Money Guyana and the increase of the pension’s monthly value. ...

High Court Judge Damon Younge on Monday ruled that the National Insurance Scheme (NIS) must pay Old Age Pension to a man 60 years and older after he was able to prove to the court that he had worked for several years with Toolsie Persaud Limited (TPL) and that contributions had been deducted from his salaries. The decision was handed ...

Ahead of next year’s planned audit of Guyana by the International Civil Aviation Organisation (ICAO), the Guyana government on Monday warned aviators against indulging in any action that would compromise safety in the sector. Public Works Minister II, Deodat Indar identified the need to address not only the availability of the necessary safety equipment but also “the people side” issues ...

Public Works Minister Deodat Indar on Monday said arrival automatic electronic gates for arriving passengers would soon be implemented at the Cheddi Jagan International Airport and would be integrated with the digital identification card system. He made the announcement at the opening of an aviation safety seminar that was held by the Guyana Civil Aviation Authority (GCAA), saying that National ...

The Guyana Manufacturing and Services Association (GMSA) on Monday launched the inaugural “GMSA IMPACK Manufacturers’ Summit”, scheduled for March 2024. The association said that landmark event will bring together major Caribbean players to address challenges and explore opportunities in various manufacturing sectors, with a focus on enhancing Guyana’s competitive edge in the region’s manufacturing landscape.  Among the attendees were the ...

Guyana’s Public Works Minister, Juan Edghill on Monday said if Venezuela seizes Essequibo, the domestic aviation sector would nosedive because most of the traffic is to and from that county. “If Venezuela is allowed its false and disruptive plan to take Essequibo by force and the use of unlawful means, it means that significant disruption to our aviation business because ...

MIAMI INTERNATIONAL AIRPORT, FLA. (WSVN) – A fuel leak Tuesday night forced a plane back to the gate at Miami International. An American Airlines flight 1513 was set to take off for Guyana, when the crew detected the problem. Miami-Dade Fire Rescue met the jet on the tarmac. American Airlines released a statement, which reads as follows, “American Airlines flight ...

-European Chamber of Commerce Guyana launched President Irfaan Ali has told executives of major European Union (EU) companies who participated in that bloc’s first ever trade mission to Guyana that they need to pay keen attention to major investment opportunities here. Addressing the opening of the mission on Monday, he dismissed likely reaction to his concern that the private sector ...

by Ivan Cairo Paramaribo – At least 10 people were killed and several more injured in an accident at an illegal gold mine in Suriname Monday at 3 p.m. local time. A provisionally constructed tunnel “with a considerable depth” collapsed, burying a number of gold miners under the earth. An unknown number of people believed to have been in the ...

November 20, 2023 – BRIDGETOWN, Barbados: To further its mission to promote sustainable agriculture and enhance food production, the Caribbean Development Bank (CDB) has approved a grant of USD280,906 to implement a food traceability system in Guyana designed to boost the export of leafy greens and pineapples. The pilot will lay the foundation for a traceability system throughout the agro-food ...