President Dr. Irfaan Ali has highlighted two critical issues facing Guyana’s hospitality sector: driving traffic to the country and addressing the labor force needed to support its expansion. Speaking at the official opening of PF Chang, a global restaurant chain in Guyana, Dr. Ali emphasized the necessity of strategic partnerships and investments to attract tourists […]
By Delicia Janneire With less than a month remaining until the highly anticipated International Building Expo 2024, over 85% of booths have already been allocated, reflecting strong interest from companies eager to showcase their products and services. Minister of Housing and Water, Collin Croal, recently conducted a walkthrough of the venue at the National Stadium […]
By Samuel Gillis The Ministry of Labour is actively pursuing the conversion of several friendly societies into cooperatives, citing their engagement in profit-oriented activities as the primary reason for the transition. According to Chief Co-operative Development Officer Janaknauth Panchu, these friendly societies can no longer operate under the Friendly Societies Act (Chapter 36:04) and must […]
In a bid to enhance their capabilities in bidding for government contracts, hundreds of small business owners and entrepreneurs participated in the Small Business Procurement Program, a collaborative effort between the Small Business Bureau and the Public Procurement Commission. The one-day training session aimed to familiarize participants with Guyana’s procurement laws and regulations, equipping them […]
PPP General Secretary, Dr. Bharrat Jagdeo, is encouraging members of the Guyanese Diaspora to use online resources when making business inquiries and proposals. During a recent visit to Canada, Dr. Jagdeo engaged with the Diaspora on ongoing and future developments in Guyana. A key issue raised was the misconception that individuals must meet with a […]
by Saskia Warrick The government of Guyana is formulating a comprehensive agro-processing plan aimed at fostering agro-business incubators and programs to enhance agro-tourism. This initiative is part of efforts to showcase local products prominently at major international airports. President Dr. Mohamed Irfaan Ali has underscored the importance of these agro-business incubators in enabling local agro […]
by Josiah Williams As Guyana prepares to host the Caribbean Investment Forum and the Cricket Carnival, local tourism and hospitality operators are being urged to effectively highlight the country’s cultural richness and service industry. During a recent engagement, Minister of Tourism, Industry, and Commerce, Oneidge Walrond, emphasized the importance of showcasing Destination Guyana as tourist […]
By Josiah Williams Demerara Distillers Limited (DDL) marked the 50th anniversary of CARICOM by gifting President Dr. Irfaan Ali with a unique rum blend at State House today. This gesture reflects DDL’s commitment to supporting regional integration through its renowned spirits. Joining 12 other distillers from the West Indies Rum and Spirits Producers Association (WIRSPA), […]
By Delicia Janneire Econome 3 concluded with enthusiastic feedback from attendees who gathered at the Marriott Hotel for a two-day event focused on knowledge sharing and networking in business. The conference, themed ‘Scale’, attracted a diverse audience from various sectors eager to enhance their business acumen. Participants, including Lexann McPhoy, praised the quality of discussions […]
By Shawnette Fiedtkou Women entrepreneurs in Linden are receiving enhanced business training through the efforts of ActionINVEST CARIBBEAN INC. and the Cherie Blair Foundation, which have decentralized their Road to Growth training program to the mining town. Twenty-one women have successfully completed the intensive seven-week “Road to Growth” training, which aims to equip them with […]