News

Decision makers will eventually be able to make concrete decisions based on accurate data on employment and Foreign Direct Investment, Minister of Business Dominic Gaskin announced at the opening of Courts’ GYD$65 million dollar optical store. He said Guyana does not have any proper system to compile and regularly publish data on how well government is doing to reduce unemployment ...

The Guyana Prize for Literature and Caribbean Awards saw several well-known and new names copping awards at the event that was held Sunday night at the Pegasus Hotel, Georgetown. The newest and youngest awardee to date is Subraj Singh who was awarded Best First Book of Fiction for his authorship of “Rebelle and Other Stories.” But overall, the Best Book ...

The Walter Rodney Commission of Inquiry has been given two more weeks to complete and submit its report on the bomb-blast death of the Guyanese historian and politician 34 years ago, Prime Minister Moses Nagamootoo said Sunday night. In a brief exclusive interview with Demerara Waves Online News, he said he was aware that a request has been made by ...

The Finance Ministry’s explanation about why it decided to re-engage Fedders-Lloyd for the construction of a Specialty Hospital has raised more questions. The Health Ministry under the then People’s Progressive Party Civic (PPPC) administration had said the National Procurement and Tender Administration Board (NPTAB) disqualified Fedders-Lloyd because of administrative deficiencies in its tender documents. The NPTAB had also cited the ...

Commercial banks will soon be required to hand over their customers’ information to the Credit Bureau to help lending institutions determine their creditworthiness and eligibility for loans, according to Minister of Business Dominic Gaskin. After announcing the decision at the opening of Business Expo 2015 at the Sophia Exhibition Centre on Friday, November 27, 2015, he told Demerara Waves Online ...

A well-known jewellery store, King’s Jewellery World, Saturday night formally opened a new branch at Giftland Mall, praising the rigorous testing system by the Guyana National Bureau of Standards (GNBS). Financial Controller of King’s Jewellery World, Ralph Persaud also highlighted the need for the GNBS to certify the Guyana Gold Board to test the precious metal at the right percentage ...

Former House Speaker, Ralph Ramkarran and the main oppositiion People’s Progressive Party Civic (PPPC) are at odds over whether the Indian company, Fedders-Lloyd, should have been awarded a contract to build a Specialty Hospital that has been mired in a three-year long controversy. Government has cited time constraints in agreeing to give Fedders-Lloyd the contract to build the hospital. The ...

Student associations of the universities of Guyana and the West Indies Saturday formally agreed to cooperate to fight against all forms of discrimination and cooperate to improve academic, sport and cultural life at the several campuses. Inked at the University of Guyana’s (UG) Turkeyen Campus by representatives of the University of Guyana Students Society and the Intercampus Guild Council of ...

The Guyana Telephone and Telegraph (GTT) Saturday opened the first of several stores countrywide, ahead of much anticipated liberalisation of the telecommunications sector that would see subscribers getting faster mobile data speeds in the coming months. The first of branch stores was opened at the Giftland Mall, LiliendaalTurkeyen, East Coast Demerara. The phone company’s Interim Chief Executive Officer, Justin Nedd ...

The People’s Progressive Party (PPPC) Saturday threatened to revisit any deal with government for American oil-giant, Exxon-Mobil, to pay Guyana oil profits ahead of commercial production. “Exxon-Mobil has to be forewarned that if it comes to Guyana and engages in any underhand dealing with this government that we are going to examine all of those,” Opposition Leader, Bharrat Jagdeo told ...