Business

Seven residents of Linden, including two women, are wanted by the Special Organised Crime Unit (SOCU) of the Guyana Police Force as police probe several alleged financial crimes. Head of SOCU, Assistant Commissioner F. Karimbaksh said  each of the seven persons were “wanted for questioning in connection with Money Laundering and other serious offences in Guyana.” An eighth person is ...

The Food and Agriculture Organisation (FAO) is assisting Guyana to increase the production of West Indian Cherry (Acerola) and reduce the amount of concentrate being imported by local juice producers, that United Nations (UN) body said. “While the demand for cherry remains strong in the country, especially for use in the fruit juice industry, the country has not been able ...

GTT said it has recently made E-SIMs available for purchase and installation at all of the company’s retail stores across the country and street sale agents. The E-SIM is a digital version of a physical sim card that is pre-installed in a customer’s cellphone. It also allows for ease of tracking if the device is lost and seamless transfer of ...

Surinamese authorities on Friday imposed a 6 PM to 6 AM curfew in the capital, Paramaribo, where thousands of persons poured out on the streets earlier in the day to protest spiralling cost of living, authorities said. “Due to the situation in the country, the community is urged to avoid the inner city and busy locations. The units patrol the city ...

Thousands of protesters took to the streets of Paramaribo, Suriname, storming the National Assembly building and looting businesses as pressure mounted on the government in the wake of rising prices for fuel and general cost of living. The protesters are demanding that President Chandrikapersad Santokhi and Vice President Ronnie Brunswijk resign because they have presided over an International Monetary Fund ...

The US$1.7 billion gas-to-shore project, including the natural gas-fired power plant and natural gas liquids plant, is projected to save Guyana US$500 million annually after paying ExxonMobil US$55 million each year for the pipeline, Project Lead Winston Brassington said Wednesday. “Exxon projects that the quality of the gas, which is a very high quality gas- rich gas, will remain stable ...

Indigenous communities totalling 241 were Wednesday informed that they would each receive millions of dollars now that Guyana has received the first installment of US$75 million from American oil company, Hess Corporation, for the sale of forest carbon credits, but they first have to craft approved development plans. Vice President Bharrat Jagdeo, addressing Toshaos (Amerindian village chiefs) at the Arthur ...

The Guyana government on Wednesday publicly protested American Airlines’ shabby treatment of the Prime Minister of Trinidad and Tobago, Dr Keith Rowley and the St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves as they prepared to depart Guyana earlier in the day. The Foreign Affairs Ministry accused American Airlines of refusing to allow the Prime Ministers’ check-in through ...

President Irfaan Ali on Tuesday said the Guyana government has been asked to help revive the cash-strapped regional airline, LIAT (1974) Limited but no decision has been made. Acknowledging that LIAT is an “important” aspect of regional transportation, he said the governments of Antigua and Barbuda, and St Vincent and the Grenadines have been talking with the Guyana government about ...

ExxonMobil, the operator in the Stabroek Block, has increased production by 40,000 barrels per day (bpd) from Liza 1 and Liza 2 and is targeting 400,000 bpd in the coming months, ExxonMobil’s Vice President (Upstream) Liam Mallon  said on Tuesday. Giving a production update at the Guyana Energy Conference being held from February 14 to 17 at the Marriott Hotel, ...