Business

India continues to be interested in a long-term agreement to buy Guyana’s crude oil of 2 million barrels per lift, but Natural Resources Minister Vickram Bharrat said government was sticking to its position that sales must be done competitively. Mr Bharrat also said ExxonMobil, the operator in the Stabroek Block, would have to be consulted about arrangements to accommodate Very ...

LIAT (2020), the third version of the regional airline, was Tuesday urged to provide predictable service on the Guyana route which has been traditionally a profitable one for the carrier. Guyana’s Aviation Minister, Juan Edghill issued the call at the official welcome ceremony for LIAT 20’s inaugural flight whose passengers included Antigua and Barbuda’s Prime Minister, Gaston Browne and his ...

Two former employees of the Ministry of Health’s Material Management Unit (MMU) Bond were Friday charged with three counts of money laundering that police said was linked to their alleged theft and sale of COVID-19 test kits. Chief Magistrate, Faith McGusty granted GY$100,000 bail to 29-year-old Kerron Webster of 344 Middle Street, North Cummingsburg after he was arraigned on one ...

Former Alliance For Change (AFC) executive member, Dominic Gaskin is poised to take up an engagement with the Irfaan Ali-led administration that will focus on developing Guyana’s gold jewellery sector, the businessman confirmed on Thursday. “The President has a vision for the jewellery sector, the gold sector, and, as you know, I’ve long been an advocate for development of the ...

President Irfaan Ali on Wednesday sought to justify his People’s Progressive Party Civic’s (PPPC) administration to keep the limping state-owned Guyana Sugar Corporation (GuySuCo) operational in its present form, although the US$1.31 per pound cost of production exceeds the selling price of US$0.35 cents per pound. “We cannot look at sugar only from that measurement that you used because there ...

KLM Royal Dutch Airlines on Tuesday announced the addition of Georgetown, Guyana into its global network. Effective the 4th of June 2025, Georgetown, Guyana will be connected to Amsterdam, The Netherlands, with two weekly flights operating on Wednesdays and Saturdays, the airline said. KL789 (KLM789) will be operated in combination with St. Maarten, departing from Amsterdam (AMS) at 10:00 Local ...

Three Portuguese-speaking men were arrested in neighbouring Brazil after they allegedly robbed a Chinese-owned store in Lethem and opened fire on Guyanese police during their escape across the border, police said Monday. “A Joint-Services patrol team was subsequently formed in an effort to locate the alleged suspects — all three of whom were arrested and are in custody in Brazil,” ...

Uncovering gaps in Guyana’s digital capacity is the focus of a recently-launched collaborative National Digital Readiness (DRA) Assessment survey aimed at advancing the country’s digital agenda. The desired outcomes of the study are “enhanced transparency, reduced bureaucratic delays, streamlined operations, and improved access to e-government services,” as well as contributing to “current investments in digital infrastructure development and capacity building,” ...

President Irfaan Ali has instructed Agriculture Minister Zulfikar Mustapha to meet with representatives of the Guyana Sugar Corporation (GuySuCo), the workers’ union and other stakeholders to ascertain the cause of the worst sugar production output in history, despite the government pumping billions of dollars in the virtually paralysed industry. Mr Jagdeo indicated that he had learnt that GuySuCo’s position was ...

A man, who allegedly staged a multi-million dollar robbery and made a false report to police, was arrested on Wednesday and police are searching for his accomplice. The prime suspect, 37-year-old Paramdeo Victor of Rosignol, West Coast Berbice, has since recovered a total of GY$8 million: GY$2 million from his car and GY$6 million in a washing machine at his ...