By Samuel Gillis The Georgetown Chamber of Commerce and Industry Limited (GCCI) has reiterated its support for the government’s gas-to-energy project, emphasizing its potential to stimulate economic growth. In a press conference held today, several top executives and past presidents of the Chamber affirmed their backing for the initiative. The GCCI’s endorsement comes amidst ongoing […]
By Samuel Sukhnandan The India/Guyana Chamber of Commerce (IGCC) convened its inaugural networking event on Wednesday evening at the Marriott Hotel, bringing together key stakeholders to explore investment opportunities. Minister of Foreign Affairs, Hugh Todd, seized the opportunity to emphasize the abundance of investment prospects in Guyana, spurred by the nation’s rapid development. He encouraged […]
By Josiah Williams President Dr. Irfaan Ali delivered a compelling message to the local private sector at the Private Sector Commission’s Annual Corporate Dinner, urging significant investment in Guyana’s tourism and agriculture sectors. Held at the Marriott Hotel on Monday, the event served as a platform for President Ali to underscore the immense potential of […]
President Irfaan Ali has emphasized the pivotal role of the upcoming 2024 Guyana Energy Conference and Supply Chain Exposition in driving further investment across various sectors of the local economy. In a recent appearance on the Energy Perspectives Podcast, the Head of State discussed the significance of this annual event and its potential impact on […]
A delegation from ExxonMobil Guyana, led by Vice President and Business Services Manager Phillip Rietema, recently met with the Region Six Regional Democratic Council (RDC) in New Amsterdam to discuss the company’s ongoing and future investments in the region. As part of its Greater Guyana Initiative, ExxonMobil is set to build a state-of-the-art stadium at […]
Dr. Bharrat Jagdeo, the General Secretary of the People’s Progressive Party/Civic (PPP/C), responded to a recent opinion piece critical of the budget, describing it as “misguided.” The article, published in Kaieteur News on January 25, questioned the government’s approach to a “minimum threshold” for a decent life in Guyana, particularly in the context of the […]
Komal Singh, Chairman of the Private Sector Commission (PSC), has commented on the availability of foreign currency in Guyana, stating that there is currently enough foreign currency in the country. However, he highlights a challenge related to the time it takes to access these funds, which can range from 1 to 4 days. Singh notes […]
Vishnu Doerga, Chairman of Action Invest, has emphasized the need for businesses to increase their investments to capitalize on the opportunities presented in Budget 2024. Recognizing a reluctance in the business community to take risks and invest, Doerga believes that the full growth potential and capacity are yet to be realized. In light of this, […]
In a significant move to support local entrepreneurs, the government disbursed cash grants exceeding $30 million to over 143 small business owners in Region Three. The distribution, organized by the Ministry of Tourism, Industry, and Commerce under the Small Business Bureau, took place in Santa Mission, Leguaan, and Wakenaam. Recipients of the small business cash […]
Agriculture Minister Zulfikar Mustapha emphasized the critical need for collective action to ensure food security in the Latin America and the Caribbean region. This call was made during the second ministerial meeting of the Community of Latin America and the Caribbean States (CELAC), where Ministers of Agriculture and high-level officials engaged in discussions related to […]