Business and Economy
Business and Economy National Transformation News

Guyana and Qatar Strengthen Bilateral Relations Through High-Level Political Consultations

By Saskia WarrickDecember 10, 2024 Guyana and Qatar are advancing their diplomatic and economic ties through high-level political consultations focused on fostering cooperation in key sectors. The discussions, held at the Ministry of Foreign Affairs, emphasized collaboration in agriculture, health, energy, and investment, while also exploring opportunities within multilateral institutions such as the United Nations. […]

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Business and Economy News

Government Partners with European Group to Establish Pork Processing Facility

By Saskia WarrickDecember 10, 2024 The Government of Guyana is expanding its agro-processing sector through a strategic partnership with a European group to establish a pork processing facility. Vice President Dr. Bharrat Jagdeo announced the collaboration, emphasizing the project’s potential to serve both domestic and export markets. This initiative aims to enhance Guyana’s agricultural value […]

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Business and Economy News

Norton Wine House: A Tasteful Addition to Guyana’s Food and Beverage Industry

By Delicia Janneire | December 9, 2024 Nestled at 46 Norton Street between Haley and Hardina Streets in Wortmanville, the newly opened Norton Wine House is set to elevate Guyana’s culinary and beverage scene. Owned by Matthew Hardin, a Guyanese who spent several years in Portugal, the establishment caters to a growing interest in fine […]

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Business and Economy National Transformation News

VP Jagdeo Calls for Stronger Reciprocity in CARICOM Trade

By Saskia Warrick, December 6, 2024 Vice President Dr. Bharrat Jagdeo has called for stronger reciprocity within the CARICOM trade bloc to address longstanding barriers hindering the export of local products. His remarks came during the Guyana Manufacturing and Services Association (GMSA) Awards Dinner, where local manufacturers raised concerns about these trade challenges. Lesley Ramlall, […]

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Business and Economy National Transformation

Guyana and South Korea Sign Air Services Agreement

By Delicia Janneire | December 5, 2024 Guyana has officially signed an air services agreement with South Korea, marking a significant development in the country’s air connectivity. The agreement was formalized this morning during a ceremony held at the Cheddi Jagan International Airport, with Minister of Public Works, Juan Edghill, signing on behalf of Guyana. […]

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Business and Economy Human Development News

“One Guyana Supermarket” Boosts Local Sales at Christmas Village

By Celestine Chacon | December 5, 2024 Vendors at the “One Guyana Supermarket” located in the Christmas village on Main Street have praised the new initiative, expressing optimism for continued boosts in sales throughout the holiday season. The supermarket, a recent addition to the annual Christmas village, is offering small and medium-sized businesses a unique […]

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Business and Economy News

Small and Medium Enterprises Drive Economic Growth in Guyana, Says Tourism Minister

By Josiah Williams | December 4, 2024 Small and medium-sized businesses (SMEs) in Guyana have shown significant growth and are making valuable contributions to the local economy, according to the Ministry of Tourism, Industry, and Commerce. The ministry’s end-of-year press conference highlighted the successful performance of SMEs and the support they have received from the […]

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Business and Economy Energy News

Regulatory Stability Key to Guyana’s Future Oil Investments, Says ExxonMobil President

By Josiah Williams | December 4, 2024 Regulatory stability will play a crucial role in securing future investments in the Guyana-Suriname Basin, according to Alistair Routledge, President of ExxonMobil Guyana. Routledge made this statement during an appearance on the Energy Perspectives podcast, a weekly series leading up to the Guyana Energy Conference and Supply Chain […]

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Business and Economy Local Development News

Guyana Sees Remarkable Increase in Tourist Arrivals in 2024

By Celestine Chacon | December 4, 2024 Guyana has witnessed a significant rise in tourism in 2024, with approximately 300,000 visitors arriving between January and October, according to the Minister of Tourism, Industry, and Commerce, Oneidge Walrond. During the Ministry’s year-end press conference, Walrond announced that visitor arrivals have increased by 15% compared to the […]

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Business and Economy News

One Guyana Christmas Village Celebrates Unity and Culture with Over 80 Local Businesses

By Josiah Williams | December 3, 2024 The One Guyana Christmas Village on Main Street has officially opened, ushering in the festive season with a celebration of Guyanese culture, unity, and prosperity. Over 80 small and medium-sized businesses are participating in this year’s event, offering a variety of local produce, products, and cultural goods. President […]

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