Business

An early Wednesday morning fire gutted the eastern end of Guyana Stores’ Universal Building, and fire fighters are being hailed for their work in containing the blaze despite a heavy wind and combustible materials. Fire Chief Gregory Wickham said after the fire service received a call at about 1:29 AM , they responded and doused the flames with water and ...

Even as Guyana prepares to auction oil blocks for the first time, President Irfaan Ali on Tuesday announced that a number of acreages would be kept by the government for joint work with other countries. “I think very soon we are going to move to the auctioning of some blocks and we have some blocks that are set aside for ...

The Georgetown Chamber of Commerce and Industry (GCCI) on Tuesday took credit for the United Kingdom’s (UK) decision to lift visa restrictions for Guyanese visitors, and hailed the move as potential boost for business activity between the two countries, “The Chamber is confident now more than ever that visa-free travel will foster deepened economic relations and promote private-sector development for ...

The United Kingdom on Tuesday announced that Guyanese would no longer require visas to travel to the United Kingdom from November 9. United Kingdom High Commissioner Jane Miller made the announcement alongside President Irfaan Ali at her residence. “This visa lift is a real sign of the confidence that the UK has in the growth of our relationship and, together ...

Vice President Bharrat Jagdeo said after Monday, government would not be responsible for the handing out of GY$150,000 cash grants to persons who falsely claim that they are fisherfolk if the real fishermen did not object. Speaking on the Essequibo Coast before the grants were handed out, he put the burden of verification on genuine fisherfolk to identify those who ...

President Irfaan Ali has announced a 1,000-man mission to stem hunger and deviant behaviour among boys and young men as well as provide skills training to gear them up for jobs. Dr Ali  says he will be leading a team of high-ranking police and military officers, 100 each of sport men, religious leaders, teachers, community workers, farmers, entertainers, prominent figures ...

Brazil is helping Guyana to pilot large-scale production of wheat in the hope that this English-speaking nation can satisfy domestic and regional demand for the cereal grain, Agriculture Minister Zulfikar Mustapha said on October 16, World Food Day. In an address to the national launch of World Food Day at Albion, Corentyne, he indicated that the trial for wheat production ...

President Irfan Ali said the Guyana g9overnment has invited Expressions of Interest (EOI) for the establishment of a 30,000 barrel per day oil refinery in Region Six. The deadline for the submission to National Procurement and Tender Administration Board (NPTAB) is no later than 9 am on Tuesday, December 13, 2022, Government said it would only be providing the land ...

The Special Organised Crime Unit (SOCU) of the Guyana Police Force is investigating allegations that a former Venezuelan military helicopter might have been brought into the country under shady circumstances, the Chairman of the Guyana Civil Aviation Authority (GCAA) Jared Shadick said Friday. “There is an allegation that the aircraft was irregularly brought into the country,” he told Demerara Waves ...

The Guyana Telephone and Telegraph (GTT) on Thursday announced that it intends to invest GY$10  billion in its fibre-optic network over the next two years to serve the overwhelming majority of Guyanese. Chief Operating Officer of Home and Fixed Solutions, Eshwar Thakurdin said in two years an additional 80,000 homes would have access to the fibre-optic cable distributed Internet. “What ...