https://i0.wp.com/demerarawaves.com/wp-content/uploads/2024/03/UG-2024-5.png!

Business

Demerara Harbour Bridge working despite vessel incident- officials

A tug and a barge on Sunday drifted and struck the Demerara Harbour Bridge, resulting in the deployment of emergency workers but officials said the movement of vehicles across the east-west thoroughfare would not be affected severely. “Yes, there has been an incident. It has not put the Demerara Harbour Bridge out of service,” Public Works Minister Juan Edghill said. ...

Read More »

US Patent and Trademark Office keen to help Guyana with Intellectual Property; Guyana’s outdated IP laws disincentivise investments

The United States Patent and Trademark Office (USPTO) is ready to assist a broad cross section of Guyanese understand the various aspects of Intellectual Property (IP) protection, amid observations that local IP laws are outdated. “Unfortunately, like everything else, laws tend to lag at issues and one of the areas in which the law is lagging is in terms of ...

Read More »

Blackouts due to poor decisions, brain drain, bad maintenance- David Patterson

Opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian, David Patterson on Friday called out the private sector’s silence on the poor state of electricity generation in Guyana due to bad investments, brain drain and a botched maintenance plan. The Guyana government this week said there could be management changes at the Guyana Power and Light and Power Producers ...

Read More »

Management changes for electricity sector- Jagdeo

Vice President Bharrat Jagdeo on Thursday hinted that the state-run electricity sector could face a management shake-up, even as the government searches for more electricity generators to bridge the demand gap ahead of the completion of the 300 megawatt  natural gas-fired electricity plant at Wales, West Bank Demerara. “We have to fix it. Whatever it takes, we can’t continue with ...

Read More »

Brand new India-made aircraft for GDF is a good deal- Jagdeo

Vice President Bharrat Jagdeo on Thursday said the two India-made planes that arrived last week for the Guyana Defence Force (GDF) are brand new aircraft and the US$23.37 million deal includes spares and training. Responding to criticisms from opposition critics that the two Hindustan Aeronautics Limited (HAL)-made Dornier 228 planes were second-hand and the price was inflated to facilitate a ...

Read More »

Caribbean Investment Forum to focus on three platforms

The Caribbean Export Development Agency (Caribbean Export) has crafted a strategy to attract investment in three key areas at the Caribbean Investment Forum (CIF) to be held in Guyana later this year, a top official said Wednesday. Caribbean Export’s Executive Director, Deodat Maharaj said the event slated for July 10-12, 2024 at the Arthur Chung Conference Centre, Liliendaal, Greater Georgetown ...

Read More »

Not all of US$27 million electricity generation sets operable; several to be activated in coming days

Minister of Public Works II, Deodat Indar on Tuesday said only nine of the 17 reconditioned containerised electricity generation sets that were bought for US$27 million were working but strenuous efforts were being made by Guyana Power and Light Inc (GPL) to connect more units to the grid by weekend. “By Saturday, we are told by GPL, an additional six ...

Read More »

United Airlines’ flights to Guyana will boost economy-Tourism and Commerce Minister

United Airlines on Monday landed its first scheduled flight to Guyana, and Minister of Tourism, Industry and Commerce, Oneidge Walrond forecasts that the entry of that American carrier in the local market would be a fillip to the economy. “We expect this to lead to a significant increase in visitor arrivals, which will have a positive ripple effect throughout our ...

Read More »

Guyana’s oldest business organisation records increased membership, increased surplus cash

The Georgetown Chamber of Commerce and Industry (GGCI), Guyana’s oldest business organisation, has recorded 150 new members in the 2023-2024 financial year, and has recorded 85.6 percent in surplus cash, according to chamber President, Kester Hutson. Mr Hutson told Demerara Waves Online News that that business support organisation has more than 1,000 members. Boasting a diverse membership, he told the ...

Read More »

India-made planes arrive for GDF

Two weeks after Guyana signed a US$23.27 million deal to buy two India-made Dornier aircraft for the Guyana Defence Force (GDF), two India Air Force  transport planes touched down at the Cheddi Jagan International Airport on Sunday with the two planes, sources said. The two Boeing C-17 Globemaster military transport planes arrived in Guyana shortly after 6 PM Sunday with ...

Read More »