Guyana’s oil “too light” for Suriname’s refinery
Rudolf Elias, the Managing Director of Suriname’s state- owned oil company Staatsolie, has said that Suriname’s oil refinery is not built to handle the...
Exxon to invest $20 billion on U.S. Gulf refining projects
(Reuters) Exxon Mobil Corp (XOM.N), the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand...
Consumers urged to avoid being conned
Finance Minister Winston Jordan is urging Guyanese consumers to be careful when they are purchasing basic items so as to ensure they are not...
ExxonMobil to invest US$5B in preparation for oil production by 2020
The Ministry of Natural Resources yesterday, facilitated a briefing on the developments of its oil production to members of the local media.
ExxonMobil Country Manager,...
$400M+ still owed to NICIL by Guyana Stores
… workers, shareholders never received a penny in dividends
… as interest mounts to over US$200M
The Government-owned National Industrial and Commercial Investments Limited (NICIL) is...
Against public outcry: President says 14% VAT on private education remains
...Finance Minister to issue statement explaining why
As public outrage continues to mount over the imposition of the 14 per cent Value Added Tax (VAT)...
M&CC says more persons using parking meters as they rake in 20% cut from...
The Mayor and City Council (M&CC), through its Town Clerk Royston King, has announced that they have received their twenty percent (20%) takings from...
ScotiaBank suffers $243M in loan loss expenses last year
… slashes non-performing loans by 50 %
ScotiaBank Guyana has managed to cut its losses from loans, including bad loans by almost half when comparisons...
Guyana’s unemployment will rise with Digicel’s firings
The Caribbean territory stands to be affected as corporate telecommunications giant Digicel gears up to slash its global workforce by 25 per cent.
Chief Executive...
14% VAT on Education: Petition calling for its removal for submission today
The online and paper petitions calling for the removal of 14 percent (Value Added Tax) VAT on private education is expected to be delivered...