Business

The Housing and Water Ministry’s Central Housing and Planning Authority (CH&PA), is set to commence major infrastructure works in Millie’s Hideout, Linden, Region 10 (Upper Demerara-Berbice). Housing and Water Minister, Collin Croal said works in the new housing development will commence within a few weeks. These include land preparation for the construction of roads and drainage in the area which ...

The ExxonMobil-controlled Esso Exploration Production and Guyana Limited (EEPGL) on Saturday said at least one barrel (42 US gallons) of crude oil leaked into Guyana’s Atlantic Ocean waters, but sought to downplay the severity of the incident. “On Friday, September 9, 2022, the team on the Liza Unity FPSO observed a sheen on the water in the vicinity of the ...

The Guyana government has instructed companies that are working in the oil and gas sector to pay Guyanese within 45 days. The updated five-year plan must now include a payment period of between 30-45 days upon the correct receipt of an invoice. This will allow Guyanese companies timely and appropriate access to contract and payment terms that facilitate competitive funding ...

Entries for Massy Group’s first Art Competition in support of suicide prevention and mental health awareness close today, September 10, World Suicide Prevention Day (WSPD), the company said. Over the next four weeks, Massy and the E.R Burrowes School of Art will judge the entries and the winners will be announced on World Mental Health Day, October 10, 2022. Four ...

The Guyana Telephone and Telegraph (GTT) on Friday said it was supporting its workers who were threatened and assaulted during a GY$19 million robbery Thursday night. “We have accounted for all our team members and continue to provide support to them through our HR (Human Resource) Employee Experience,” GTT said in a statement. The telecommunications company said as a result ...

President Irfaan Ali on Wednesday said representatives of Guyana and Suriname are scheduled to meet in the coming weeks to iron out that Dutch-speaking neighbour’s failure so far to keep its reported promise to grant 150 coastal fishing licences to Guyanese fishermen. But already, the Guyanese leader has admitted that the major sticking point has to do with the illegal ...

Although Suriname has already said that the granting of fishing licences to Guyanese would be illegal, the Guyana government on Monday condemned Suriname’s harassment of Guyanese fisherfolk in the waters of that neighbouring country and lamented the apparent slothfulness in  sticking to an agreement to grant fishing boat licences to Guyanese. “The Government of Guyana condemns, in its strongest possible ...

A prominent city businessman and major Guyanese investor in the oil and gas sector on Sunday publicly denounced the opposition for claiming that there is apartheid and he instead lauded President Irfaan Ali’s One Guyana agenda. In clear reference to A Partnership for National Unity+Alliance For Change (APNU+AFC) claims of racial segregation and discrimination against Afro-Guyanese, Nicholas Deygoo-Boyer criticised the ...

The Demerara Harbour Bridge said its engineers and technical staff are currently working on getting the bridge back in alignment, after a tug, with two sand-laden barges , hit the structure late Sunday morning. In a statement issued shortly after  3PM Sunday, the bridge’s management said at the moment, the team is working to repair retractor span 9 after a ...

Guyana is expected to earn US$1.1 billion from 13 lifts as its entitlement from the ExxonMobil-led consortium due to the Russia-Ukraine war, Esso Exploration and Production Guyana Limited (EEPGL), according to the Ministry of Finances mid-year report. “Government is now projected to earn US$1.1 billion as revenue from the sale of our share of profit oil, and US$147.7 million in ...