Business

The Public Works Ministry on Monday issued a final warning to vendors on New Market Street opposite Georgetown Public Hospital (GPHC) to remove their stalls or they will be demolished and taken away. “A final notice is hereby given to vendors who are occupying spaces along New Market Street, between Thomas and East Streets, to remove all erected makeshift stalls, ...

Two Guyanese farmers are now expected to influence Guyana’s agricultural policies as a result of their participation in dialogues of the United Nations Decade of Family Farming. They are Mr. Javed Ishmael of the West Berbice Sheep and Goat Association and Ms. Cindy Halley of the Central Mahaicony/Perth Village Farmers’ Association. “Their experience will serve as inputs for national policy ...

President Irfaan Ali brokered last night brokered a deal with the speed boat operators who work the Georgetown to Vreed-en-Hoop route to have their fare remain at $100 per person. The Office of the President says the decision was made after Dr Ali met with members of the Demerara River Speed Boat Association at the National Track and Field Centre ...

Chinese businesses in Guyana selling durable goods and services will now be au fait with several aspects of their responsibilities as outlined in the Consumer Affairs Act (CAA) N0 13 of 2011 through the translation of excerpts of the that law into Mandarin by the Competition and Competition Commission (CCAC). The translated Act was presented to the Executive of the ...

Guyana on Friday announced that after negotiations with the American-owned CH4/ LINDSAYCA, that company has been confirmed to build the natural gas-fired electricity plant and natural gas liquids plant at a reduced cost of US$759 million. The first payment would come from GY$20 billion in the 2022 National Budget and the remainder would be a loan from the United States ...

President Irfaan Ali announced the launch of Guyana’s competitive bid round for 14 offshore oil blocks fr0m Friday, December 9. He said the process is expected to close with the submission of bids on April 14, 2023. and contracts awarded by May 31, 2023. “This, of course, will follow negotiations and evaluation of the bids that we receive during this ...

An Air Services Limited (ASL) pilot said he was dismissed because he raised concerns that the main rotor blades on the company’s helicopter was unsafe as they had caused the aircraft to vibrate heavily while airborne, forcing him to make an emergency landing. While Captain Akeem Stoll said he complained to the Labour Ministry, the minister Joseph Hamilton said he ...

The Iwokrama International Centre for Rain Forest Conservation and Development  on Wednesday welcomed Guyana’s securing of an innovative carbon credit agreement with Hess Corporation. The new agreement is the world’s first under the Architecture for REDD+ Transactions (ART) initiative, and The REDD+ Environmental Excellence Standard (TREES) system. “It is important to note that accreditation under the TREES process includes the ...

A money changer has been shot and robbed in the busy Stabroek Market area, after his colleague attempted to defend himself with a knife, police said.  “During the confrontation, the suspect who was armed with a firearm, relieved one of the victims of his money. While attempting to rob the other victim, who pulled out a knife from the waist ...

In the wake of a request for parliamentary approval of an additional GY$1 billion for the state-owned Guyana Sugar Corporation (GUYSUCO), opposition Shadow Finance Minister Volda Lawrence on Monday cast doubt on that loss-making entity’s budget process as it has already chalked up GY$12 billion in operational expenditure up to October 2022. “Are you saying that in your planning for ...