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Business

New requirements for granting powers-of-attorney; $5 million fine, imprisonment for fraudsters

The Guyana government is about to amend the Deeds Registry Act to make it harder to grant a power-of-attorney as both parties will have to appear before a Notary Public either here or overseas and they will have to provide several types of identification information. Attorney General and Minister of Legal Affairs, Anil Nandlall is next Monday expected to pilot ...

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Teleperformance poised to expand to the Caribbean; Finance Minister urges bigger “footprint” in Guyana

Teleperformance, Guyana’s largest international call centre, is planning to expand its operations to the Caribbean, but Finance Minister Dr. Ashni Singh urged the company to expand across Guyana first. Addressing the company’s 5th anniversary observance and awards ceremony at the Pegasus Hotel on Monday, Guyana Country Manager Luis Barreto announced that plans are being to spread its operations beyond the ...

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GPL, Chinese community light up Main Street for Christmas

The Guyana Power and Light (GPL) and the Chinese business community have transformed Main Street  Avenue into a nighttime kaleidoscope of colours for the Christmas Season. Chief Executive Officer of GPL, Bharat Dindyal told Demerara Waves Online News/ News-Talk Radio Guyana that the Chinese Association of Guyana and Main Street occupants have contributed to the beautification and illumination of the ...

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DDL wants tighter security for transshipped exports in wake of cocaine bust

Demerara Distillers Limited (DDL) on Saturday night called for tighter security of transshipped exports, even as it remained confident that about 1, 000 pounds of cocaine were not placed in the shipping container of rum before it left Guyana. The Guyana Revenue Authority and the Customs Anti-Narcotics Unit (CANU) have also both said that hard evidence shows that nothing illegal ...

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“No sign of tampering” of shipping container with cocaine and rum intercepted overseas- CANU

The Customs Anti-Narcotics Unit (CANU) on Tuesday night strongly hinted that approximately 1,100 pounds of cocaine were loaded in a shipping container with El Dorado Rum in another Caribbean country before it was busted in Rotterdam last week. The law enforcement unit of the Ministry of Home Affairs said that “there was no sign of tampering” of the container in ...

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Banks DIH workers to get 9 percent pay hike as part of multi-year agreement

Workers of Banks DIH will get a nine percent pay increase for this year, as part of a three-year agreement between management and the Guyana Workers Union (GWU), the company said. According to the company, which is one of Guyana’s leading manufacturers, workers would get five percent in 2022 and three percent in 2023. The signature of the Memorandum of  ...

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Trinidad Energy Minister warns Guyana, Suriname about oil sector opportunists

Trinidad and Tobago’s  Energy Minister, Stuart Young on Tuesday warned Guyana and Suriname about opportunists who would like to take advantage of the oil sector, even as he urged said government was ready to work with his c country’s Energy Chamber to provide services to other Caribbean nations. Addressing the  first Policy Forum organised by the Energy Chamber of Trinidad ...

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Veteran Guyanese aviator Malcolm Chan-a-Sue dies

Veteran Guyanese aviator and aviation educator, Captain Malcolm Chan-a-Sue died early Monday morning, almost one month after a speeding minibus slammed into the car he was driving in Kingston, Georgetown. Guyana’s aviation community was almost immediately plunged into mourning. Director-General of the Guyana Civil Aviation Authority, Retired Lt Col. Egbert Field expressed deep sadness at the passing of someone he ...

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Surinamese, Guyanese companies team up for lighting to embellish wood products

The Suriname-headquartered SEOS Solutions has teamed up with the Guyanese-owned value-added wood products company, Floor-It, in a US$1 million investment in Guyana that will focus on improved lighting and energy efficiency. Chief Executive Officer of Floor-It, Andre Cummings said SEOS International would be providing the “missing link” for his wood products. “The home improvement products that we offer to clients, ...

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