Business

The owner of Blue Iguana club, Royston Peniston, has been arrested allegedly with GY$2.1 million worth of cocaine in hardcover suitcases at a house in North Ruimveldt, the Customs Anti-Narcotics Unit (CANU) said Saturday. The anti-drug agency said its agents intercepted Peniston,44, at the property in Festival City with two hardcover suitcases in his possession. “A subsequent search of the ...

ExxonMobil, the operator and major stakeholder in the prolific Stabroek Block, has been informed that it would have to relinquish unused gas fields back to the State of Guyana, Vice President Bharrat Jagdeo said Friday. In addition to associated gas that the supermajor said was needed to maintain pressure and quality during extraction of crude, he said the discovery at ...

Vice President Bharrat Jagdeo on Friday announced that the Guyana government planned to offer cargo flights to a number of far-flung interior regions where the cost of freight would be ordinarily expensive. “The aircraft we are looking for are to allow us to better serve the hinterland community including if the freight costs are too high for goods and services ...

The Guyana government  would be filing court proceedings in Trinidad to enforce a Guyana High Court order that a Trinidad company refund GY$6.5 million (US$28,449.54 and pay GY$500,000 in damages after it failed to supply two eco-pods, Attorney General Anil Nandlall said Tuesday night. “Currently, our law permits us to enforce this judgment in Trinidad and we will pursue that ...

The Trinidad-based engineering consultancy firm, WSP Caribbean, has picked five companies to construct the Corentyne River bridge that would link Guyana and Suriname, Public Works Minister Juan Edghill confirmed briefly late Wednesday night. The names of the companies were not immediately available, but Starnieuws reported on Wednesday that the two-lane bridge could cost at least US$300 million which means that ...

Teleperformance, an international Business Process Outsourcing (BPO) company, on Tuesday announced that it would be further expanding its operations in Guyana to hire as much as 5,000 persons. “I dream of a Guyana that not only stands at 2500 teleperformers. I dream of a 4000, 5000 company that is not only going to be a big company in size but ...

The continuous and increasing valid complaints from consumers engaged in the purchase of vehicles have prompted the Competition and Consumer Affairs Commission (CCAC) to alert consumers to have vehicles they intend to purchase thoroughly checked by a mechanic of their choice before signing off on the final agreement of purchase. Already for 2023, the CCAC said it has received 27 ...

A Brazilian pilot, who allegedly landed a helicopter near an illegal mining camp in at Aishalton, Rupununi, on Monday pleaded not guilty and was remanded to prison until his trial next month. Speaking through a Guyana Defence Force (GDF) interpreter, Pilot Alexander Felix pleaded not guilty to the three aviation charges- operating a civilian aircraft without an Airworthiness Certificate, without ...

The Terms of Reference for the Independent Administrator to prepare Guyana’s 2020 report to the Norway-headquartered Extractive Industries Transparency Initiative (EITI) was imposed by National Coordinator of the Guyana Extractive Industries Transparency Initiative (GYEITI) in clear violation of the rules of that global watchdog,  the two Civil Society representatives said Sunday. In an open letter to President Irfaan Ali, Civil ...

As engineers on Sunday night continued to work feverishly to complete repairs to span eight of the Demerara Harbour Bridge by the 3 AM Monday deadline, authorities intend to ban speeding trucks to prevent damage to the east-west river crossing. “We are facing a problem with speeding trucks and the bridge is taking a severe pounding and we have decided ...