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Now is the Time to Invest in Guyana, Say Conference Panelists

By Josiah Williams At the Guyana Energy Conference and Supply Chain Exposition, a chorus of influential voices echoed a resounding message to regional and international investors: seize the abundant opportunities available in Guyana’s burgeoning economy. Former Colombian President, Iván Duque Márquez, set the tone for the discussions, emphasizing the multifaceted investment potential in Guyana. He […]

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Business and Economy Energy News

Expanding Business Horizons: Centre for Local Business Development at Guyana Energy Expo

By Delicia Janneire Amidst the vibrant atmosphere of the Guyana Energy Conference and Supply Chain Expo, the Centre for Local Business Development (CLBD) stands as a beacon for local and international businesses seeking to explore new opportunities and foster meaningful connections. Director of the Centre, Natasha Gaskin-Peters, emphasized the significance of the energy conference as […]

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Business and Economy Energy News

Georgetown Chamber of Commerce and Industry (GCCI) Endorses Gas-to-Energy Project

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 […]

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Business and Economy News

IGCC Hosts Inaugural Networking Event at Marriott

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 […]

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Business and Economy Local Development National Transformation News

President Ali Urges Private Sector Investment in Tourism and Agriculture

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 […]

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Business and Economy Energy Local Development National Transformation News

Energy Conference & Expo Set to Catalyze Investment in Guyana

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 […]

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Business and Economy Local Development News

ExxonMobil to Establish Technical Training College in Guyana’s Region 6

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 […]

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Business and Economy News Politics

Dr. Bharrat Jagdeo Addresses Criticism on Budget and ‘Minimum Threshold’ Concept

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 […]

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Business and Economy News

Private Sector Chairman Addresses Foreign Exchange Availability

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 […]

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Business and Economy News

Businesses Urged to Invest More for Growth in 2024 – Vishnu Doerga

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, […]

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