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Better to sell “profitable” Marriott hotel before new hotels are finished- Jagdeo

Vice President Bharrat Jagdeo on Thursday justified government’s decision to sell the Marriott Hotel now, saying that it would be better to sell that “profitable” facility now before it faces competition from seven hotels that are being constructed. “Now, it will be best to sell the Marriott off. You could probably maximise the price that you could get when it’s ...

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Oil sales push UK trade with Guyana to over US$1 billion

The United Kingdom’s (UK) trade with Guyana last year reached its highest value of more than 1 billion pounds sterling, largely due to the South American nation’s sale of crude oil to that European country, latest figures show. Britain’s Department for Business and Trade’s latest fact sheet dated March 28, 2023, exports and imports of goods and services between the ...

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UK Minister arrives for launch of UK- Guyana Business Chamber

United Kingdom’s Minister for the Caribbean and the Americas, David Rutley arrived in Guyana on Monday for a series of engagements including the launch of the British Chamber of Commerce Guyana (BritCham Guyana) Mr Rutley was among passengers who arrived on British Airways’ inaugural flight  from London via St Lucia. Speaking at a welcome ceremony for the flight, he remarked ...

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British Airways to boost Guyana’s visitor arrivals

British Airways is projected to add tens of thousands of visitors annually to Guyana, Tourism Minister Oneidge Walrond said at Monday’s ceremony to welcome that carrier’s first scheduled to flight to this South American nation. She said that airline would offer more than 33,000 seats annually to travellers to and from Guyana to Britain with connections to other European destinations ...

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IDPADA-G, govt seem on verge of settlement for release of funds- lawyers tell High Court

Lawyers for the International Decade for People of African Descent Assembly-Guyana (IDPADA-G) and the State on Friday informed the High Court that they are on the brink of deal that could see the release of millions of dollars in a budgeted government subvention to the organisation that aims to improve the conditions of Afro-Guyanese. Attorney-at-Law Dr Vivian Williams told the ...

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GHRA denies owing State GY$38 million; accuses Nandlall of “reprisal” for speaking out

The Guyana Human Rights Association (GHRA) is accusing Attorney General Anil Nandlall of engaging in a “reprisal” because of concerns that the association has raised about the process of the Guyana’s Extractive Industries Transparency Initiative. GHRA’s Co-President Mike Mc Cormack challenged Mr Nandlall to prove that he was not being singled out for unfounded claims in retaliation for his views ...

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City businessman, Nazar ‘Shell’ Mohamed on PPP’s Local Govt Elections ticket

Wealthy City businessman, Nazar ‘Shell’ Mohammed has entered the political landscape on the People’s Progressive Party Civic’s (PPPC) ticket for the June 12 Local Government Elections (LGE) but on Thursday ruled out getting into national politics. “I’m semi-retired now so I can make a contribution to my community. I’m a strong community activist,” said Mr Mohammed who is Chairman of ...

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US tightening Guyana’s cybersecurity; recommends signing of international convention

Even as the United States’ Southern Command (SOUTHCOM) prepares to teach the Guyana Defence Force (GDF) how to stave off cyber attacks, the American government has recommended that this South American nation signs one of two conventions on cybersecurity, the US Embassy here said Monday. “In addition to the visit by DOJ (Department of Justice), the U.S. Southern Command and ...

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No underhand deal for Movietowne’s entry to Guyana- Chin

The owner of Movietowne, Derek Chin said despite having been encouraged by then President Bharrat Jagdeo to set up a branch in Guyana and sold 10 acres of government-owned land, there was no corruption to enable his US$50 million investment in the mall at Liliendaal, Greater Georgetown. He also praised then Finance Minister Dr Ashni Singh and then Head of ...

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May 2023