Business and Economy
Business and Economy Local Development News

Government to Enforce Breach Clauses Against Delinquent Contractors

By Josiah Williams In response to numerous complaints and instances of contractors breaching their contractual obligations, the government is taking decisive action to ensure accountability and transparency in public projects. Attorney General and Minister of Legal Affairs, Anil Nandlall, announced these measures during an episode of ‘Issues in the News’ on Tuesday. Nandlall revealed that […]

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Business and Economy Local Development News Technology

New Shipping Company, West Tech Shipping, Enters Guyana Market

By Delicia Janniere A new player has entered the local market as Guyana’s economy continues to expand. West Tech Shipping, a St. Lucian-owned shopping company, is making its mark in Guyana by offering hassle-free services to the business community. Operations Supervisor Aminata Austin shared insights about the company’s offerings in a recent interview sponsored by […]

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Business and Economy Local Development News

Republic Bank Expands to Berbice, Region Six: A $1.2 Billion Investment

By Samuel Sukhnandan Republic Bank Guyana Limited has taken a significant step in its expansion efforts by opening a new branch in Williamsburg, Berbice, Region Six. The newly inaugurated branch, which replaces the Rose Hall branch, symbolizes Republic Bank’s commitment to serving communities and uplifting lives across Guyana. Chairman Nigel Baptiste emphasized that the bank’s […]

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Business and Economy News

Government Puts Hold on Private Sandpit Development, Plans Public Facility

In response to the escalating demand for sand driven by the construction industry, the government of Guyana has taken the decision to halt granting permission for private sandpit development along the Linden-Soesdyke Highway. Last year, recognizing the need for a sustainable sand supply chain, the government initiated plans to open a large sandpit. However, Vice […]

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Business and Economy News

Streamlined Wildlife Licensing Process Introduced in Guyana

By Fabiana McCalmon In an effort to simplify the process of obtaining licenses for wildlife-related activities, the Guyana Wildlife Conservation and Management Commission (GWCMC) has partnered with the Guyana Post Office Corporation (GPOC). This collaboration aims to make it easier for individuals to apply for wildlife licenses or permits, with applications now accepted at local […]

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Business and Economy News

Revitalizing Tourism and Hospitality Through Bartending Training

By Nakasia Logan In a bid to enhance the tourism and hospitality experience in Guyana, a British Virgin Islands-based Guyanese entrepreneur is spearheading efforts to revitalize training in bartending. Colin Campbell, also known as Remy, the proprietor of Riddim Up Bartending School in the BVI, has partnered with local businesses to provide a five-day training […]

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Business and Economy National Transformation News

DuraVilla Homes Expanding Sales in the Caribbean

DuraVilla Homes, a leading provider of prefabricated housing units, is poised for expansion into other Caribbean countries following significant interest in its products. DuraVilla Homes initiated its ambitious 1000 plus Modular Homes Initiative in 2023, aiming to construct hundreds of affordable prefabricated houses for both local and regional housing markets. These units, designed to withstand […]

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Business and Economy Local Development National Transformation News

Guyanese Businesses Secure Deals at Barbados AgroFest

By Delicia Janneire Local businesses from Guyana showcased their products and secured promising deals at the recent Barbados AgroFest, signaling potential expansion opportunities in regional markets. John Edghill, Senior Director for Investment at the Guyana Office for Investment (GO-Invest), reported that Guyanese companies received significant support at the event, with over 90% of their products […]

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Business and Economy News

Assuria and Arrowten Inc. Launch “RESCUE” for Enhanced Automobile Assistance Services

By Fabiana Mcklmon Assuria and Arrowten Inc. have joined forces to set a new benchmark in automobile assistance services within the insurance sector with the introduction of their collaboration, “RESCUE.” The initiative, aimed at revolutionizing roadside assistance, was officially launched, promising to provide a comprehensive range of services to eligible customers. This collaboration is set […]

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Business and Economy Energy National Transformation News

Suriname-Guyana Chamber of Commerce Launched to Boost Economic Collaboration

By Samuel Gillis The Suriname-Guyana Chamber of Commerce (SGCC) has been officially launched with the aim of fostering collaboration and networking, as well as expanding economic trade between the two countries. The launch event, held at the Pegasus Corporate Centre, brought together key stakeholders from various sectors. The SGCC consists of businesses spanning sectors such […]

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