27.5 C
Georgetown, Guyana
Friday, April 26, 2024

ExxonMobil makes 1st discovery for 2024 offshore Guyana

ExxonMobil Guyana earlier today announced its first discovery for 2024 at Bluefin in the Stabroek block offshore Guyana. The Bluefin well encountered approximately 197 feet...

Vreed-en-Hoop Shore Base project: US$25M financing secured through New Hayven Merchant Bank

The Vreed-en-Hoop Shore Base Incorporated (VEHSI) has received financing to the tune of US$25 million, approved through the New Hayven Merchant Bank for a landmark project.
This disclosure was announced by the Bank on Thursday. New Hayven said it was a leading financial institution committed to fostering economic development.

Production begins at Mohamed’s US$25M quarry

Production has commenced at Mohamed Enterprise’s quarry, located in the Upper Mazaruni District of Region Seven (Cuyuni-Mazaruni), and it is on course to produce 500,000 tonnes of stones and aggregates by year-end.

GBTI nets $3B profit in 2023

The Guyana Bank of Trade and Industry (GBTI) today announced a net profit of $3 billion for the year 2023, a 30 per cent...

Company operating regional ferry service incorporated in Guyana – AG

…says regional integration laws being crafted CariCargo Incorporated, the company that will be operating the ferry between Guyana, Barbados and Trinidad and Tobago in a...

Govt withdraws $51.9B from NRF

FULL STATEMENT: Pursuant to the Natural Resource Fund (NRF) Act 2021, as amended by the Fiscal Enactments (Amendment) Act 2024, Parliamentary approval has been granted...

Guyana set to host Caribbean Investment Forum from July 10-12

Guyana is gearing up to host the Caribbean Investment Forum from July 10 to 12 this year, a key event for business collaboration and...

Land earmarked for Qatari Hotel belongs to Govt – City engineer confirms

Full statement: I have noticed news reports, on my actions with respect to the Cease Work Notice, in at least two of our dailies, the...

WANSAT, GTT record historic win with cellular backhaul technology in Guyana

The Guyana Telephone and Telegraph Company (GTT) on Monday announced that it has collaborated with WANSAT to successfully backhaul cellular traffic from the Hinterland...

First Lady hands over business grants to 3 single-parent mothers

In observance of International Women’s Day, First Lady Arya Ali handed over three grants totalling $1.5 million to three single mothers to fund their...

Recent Articles

CARICOM should explore joint legislation to improve cricket governance – Pres. Ali

Chairman of CARICOM and President, Dr Mohamed Irfaan Ali has signalled a call for common legislation in the region to streamline and strengthen the...

Guyana partners with World Bank to modernise TVET sector

The Ministry of Education has embarked on aligning TVET with current and future labor market demands at both secondary and post-secondary education levels. A critical...

Brazil to lend expertise to Guyana in fighting wildfires

In light of the recent wildfires which have devastated several areas across the country, the Guyana Government has solicited assistance from Brazil for training...

Essequibo resident, Vera Florence, celebrates 100th birthday

Nestled in the heart of Queenstown, a remarkable soul celebrates 100 years on earth. Vera Florence Venture, a name synonymous with resilience and community...

Over 3,000 persons already registered for PPP/C Congress – GS Jagdeo

The 32nd Congress of the People’s Progressive Party/Civic (PPP/C) is set for May 3-5, 2024 at the Arthur Chung Conference Centre. The Congress is the...

Over 190 families squatting at East Coast, East Bank relocated this year – Croal

The government has relocated over 190 families who were squatting in the Success Housing Scheme, East Coast Demerara, and the riverbank along the East...

Jagdeo raps G/town city council for dereliction of duty

General Secretary of the People’s Progressive Party, Dr Bharrat Jagdeo has flayed the Mayor and City Council (M&CC) of Georgetown for its abject neglect...

T&T’s trade mission seeks investment opportunities locally

A visiting trade mission from Trinidad and Tobago has been informed of the numerous, endless opportunities Guyana has to offer in various sectors. The 19-member...

GCCI blasts authorities for lack of action against reckless truck drivers

  See full statement from the Georgetown Chamber of Commerce and Industry (GCCI): Consternation at the inadequate management of the road usage by heavy duty trucks The...

Evaluation criteria for contractors should be revised – Jagdeo

The evaluation criteria employed by the National Procurement and Tender Administration Board (NPTAB) for contractors should be revised to allow new companies to bid...