Major interest from Middle East to develop remaining oil blocks in Guyana – VP
The Government of Guyana, which has yet to decide whether it will go the route of auctioning remaining oil blocks offshore Guyana, has nevertheless...
Jumbo Jet signs US$40M contract as sole distributor of trucks from Sinotruk in China
Sinotruk Inc., the largest Chinese truck supplier, is now able to provide over 500 brand new trucks to the local economy after partnering with...
“No need to get at each other’s throats”- Rowley on Guyana’s local content laws
By Jarryl Bryan
Trinidad and Tobago (T&T) Prime Minister Dr Keith Rowley assures that his Government has not taken any “aggressive” position on Guyana’s local...
Guyana earned over $68B from extractive sectors in 2019
An estimated $68.3 billion in revenues was earned by the Guyana Government from its extractive sectors in 2019, according to the latest report published...
Rapid increase in value of GY currency could have severe consequences – Ali
With questions being raised about the strength of the Guyana Dollar (GYD) against the US dollar and whether this should be increased in view...
Barama to fast-track production of plywood amid shortage – Pres. Ali
With construction at an all-time high in Guyana, the industry is currently facing a shortage of plywood, and local timber operator Barama Company Limited...
Bars now required to verify age of patrons before serving alcohol
The Intoxicating Liquor Licensing (Amendment) Bill 2022 has been tabled, and aims to minimise alcohol-related road accidents and fatalities by instituting harsher...
2022 Interim Report: DDL records $1.8B taxed profit despite impacts from global crises
Local beverage giant, Demerara Distillers Limited (DDL) Group has recorded $1.801 billion profit after tax in its 2022 Interim Report.
This turnover for the period...
Omai doubles gold mineral resource estimates in Guyana
Canada-based Omai Gold Mines on Thursday announced that its mineral resource estimate across its gold property in Guyana has more than doubled.
In a statement,...
In-river works underway at Berbice Deepwater Port
Canadian-owned company CGX Energy Incorporated has revealed that in-river works are underway at the Deepwater Port in Berbice.
"As part of a phased approach in...