Business and Economy
Business and Economy Energy News

Sir Paul Collier Endorses Guyana’s Oil Management and Infrastructure Investments

By Saskia WarrickFebruary 20, 2025 Prominent British economist, Sir Paul Collier, has expressed strong support for Guyana’s approach to managing its oil wealth, infrastructure investment, and long-term economic planning. Speaking at the ongoing Energy Conference, Collier described the government’s strategy of leveraging oil revenues for critical infrastructure development as a “sensible approach.” In his comments, […]

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Business and Economy News

Gov’t Committed to Supporting Investors, Says Finance Minister

By Celestine ChaconFebruary 20, 2025 GEORGETOWN, Guyana – Investors from around the world have been assured of the Guyanese government’s commitment to fostering a supportive and stable business environment. This pledge was reiterated by Minister of Finance, Dr. Ashni Singh, during his address on the third day of the Energy Conference and Supply Chain Expo. […]

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Business and Economy Energy News

VP Jagdeo Confident in Guyana’s Oil & Gas Sector Amid Global Challenges

February 19, 2025 GEORGETOWN, GUYANA – Vice President Dr. Bharrat Jagdeo expressed strong confidence in the continued growth of Guyana’s oil and gas sector during the first day of the energy conference. Addressing concerns about global challenges, including the potential for oversupply in the global oil market, Dr. Jagdeo reassured the audience that the demand […]

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Business and Economy News

Pegasus Expands: Ground Broken for New 13-Storey Five-Star Hotel

By Kimberly GiddingsFebruary 19, 2025 GEORGETOWN, GUYANA – President Irfaan Ali and Pegasus Hotel owner Robert Badal officially broke ground for a new 13-storey, internationally branded, five-star hotel, marking a significant expansion of the country’s hospitality sector. The new hotel, which will be constructed between the Pegasus Corporate Suites and the original Pegasus building, is […]

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Business and Economy News

Mexico-Guyana Chamber of Commerce Launched to Strengthen Economic Ties

By Celestine ChaconFebruary 19, 2025 GEORGETOWN, GUYANA – The Mexico-Guyana Chamber of Commerce was officially inaugurated during the opening of the Guyana Energy Conference and Supply Chain Expo 2025. The new entity aims to enhance economic collaboration and create expanded business opportunities between the two nations. The establishment of the chamber marks a milestone in […]

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Business and Economy News

Guyana Energy Conference Opens First-Ever Conference Village, Showcasing Agriculture

By Nakasia LoganFebruary 17, 2025 The Guyana Energy Conference and Supply Chain Expo has launched its first-ever Conference Village at the Kingston Esplanade, providing a platform to highlight the country’s expanding agricultural sector. The five-day event, held in partnership with the Ministry of Agriculture, aims to showcase Guyana’s agro-processing industry and investment potential ahead of […]

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Business and Economy News

Guyana’s Private Sector Sees Significant Credit Growth, Fueling Economic Expansion

Kristin Josiah, NCN Business | February 17, 2025 Over the past four years, the private sector in Guyana has demonstrated significant resilience, with increased access to credit playing a crucial role in fueling economic growth. According to Finance Minister Dr. Ashni Singh, credit extended to the local private sector has surged by approximately 190 billion […]

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Business and Economy Energy News One Guyana Politics

Guyana Energy Conference Opens with Key Proposal for Regional Energy Security

By Saskia WarrickFebruary 18, 2025 The fourth edition of the Guyana Energy Conference kicked off this morning under the theme, “Connecting the Dots: Integrating the Future.” President Dr. Irfaan Ali delivered the feature address, emphasizing the importance of partnerships and investments in driving prosperity for Guyana and the wider region. In his address, President Ali […]

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Business and Economy Energy National Transformation News

Energy Conference Exhibition Opens with Strong Business Participation

By Delicia JanneireFebruary 18, 2025 The highly anticipated Energy Conference and Exhibition opened today, with over 190 local, regional, and international businesses showcasing their products and services. Participants expressed optimism about forming key partnerships with local enterprises, particularly in the oil and gas sector. The exhibition features companies from various industries, including those focused on […]

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Business and Economy News

GBTI Launches Invoice Financing for Oil and Gas Sector

By Delicia Janneire | February 14, 2025 The Guyana Bank for Investment and Trade (GBTI) has launched an invoice financing initiative aimed at supporting local businesses supplying goods and services to ExxonMobil Guyana. This new facility allows registered suppliers with approved invoices from the oil giant to access advanced financing of up to 80% of […]

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