Oil edges further above $55 ahead of supply cut deal
By Alex Lawler | LONDON
(Reuters) Oil edged further above $55 a barrel on Tuesday, drawing support from expectations of tighter supply once the first...
2017 a year of loans: Govt intends to borrow billions to finance development
Guyana will borrow billions of dollars next year to assist with developmental works, Finance Minister Winston Jordan disclosed on Monday.
The Inter-American Development Bank (IDB),...
Small Business Bureau approved US$1M in loans for budding entrepreneurs in 2016
Small businesses in Guyana continue to benefit tremendously from the support and services provided by the small business bureau, which facilitated the approval of...
ExxonMobil awards key contracts for Liza oil development, production
United States (US) oil and Gas Exploration company ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), on Tuesday announced that it has awarded...
Central Bank to build resilience in pension, insurance sectors
To further strengthen the financial stability of the pension and insurance sectors in the country, continued supervision will be employed to ensure resilience in...
BOG Governor: Local banks “hard hit” by de-risking
As the Caribbean continues to grapple with effects of foreign banks, particularly those of the United States, severing ties with regional financial institutions, Guyana...
‘Monster’ Budget makes Bartica businesses shiver
The Bartica Chamber of Commerce and Industry (BCCI) has labelled Budget 2017 as a “monster budget” and has called on Government to rethink some...
Samsung to disable Note 7 phones in recall effort
(AFP) Samsung announced Friday it would disable its Galaxy Note 7 smartphones in the US market to force remaining owners to stop using the...
Jordan accused of presenting ‘imaginary’ job creation, investment figures for GO-Invest
- Private Sector, Jagdeo question the basis for determination of numbers presented by Finance Minister
The almost 'imaginary' job creation figures supposedly facilitated by the...
GTT: VAT on Internet will incur $1.2B in expenses, will inevitably be passed to...
New Budget 2017 measures not 'business friendly' - CEO
The new Budget measures that were announced by Finance Minister Winston Jordan will now mean that...