Business and Economy
Business and Economy Local Development News

Guyana Tourism Authority Hosts Second Tourism Business Clinic

The Guyana Tourism Authority (GTA) organized the second round of the Tourism Business Clinic, streamlining the processing of documentation and licenses for tourism businesses. This initiative aims to simplify and expedite the certification and licensing procedures for tourism operators. In the past, businesses had to navigate multiple agencies individually to obtain certifications and licenses. However, […]

Read More
Business and Economy Local Development News

Private Sector Commission Commends Government for People-Centered Economic Transformation

The Private Sector Commission (PSC) has expressed its appreciation for Budget 2024, commending the government for its commitment to sustainable and people-centered economic transformation. PSC Chairman, Komal Singh, highlighted the positive measures announced in the budget, particularly addressing the challenges faced by small and medium-sized enterprises (SMEs) in accessing finance. Budget 2024 allocates $450 million […]

Read More
Business and Economy Human Development Local Development National Transformation News

Government Allocates Significant Support for Small Businesses in 2024 Budget

In a move to boost the small business sector and foster economic growth, the Guyanese government has announced a substantial financial injection into the Small Business Development Fund and increased support for the Small Business Bureau. The details were shared in the latest Republic Bank-sponsored Business report. Finance Minister Dr. Ashni Singh highlighted the crucial […]

Read More
Business and Economy Local Development News Top Picks

President Ali Inaugurates $30 Million Marine Facility in Region Three

President Irfaan Ali recently officiated the commissioning of a state-of-the-art $30 million marine facility at Nismes, West Bank Demerara, owned by GAICO Construction & General Services Inc. The event was marked by the presence of government officials, industry leaders, and local residents. The facility, conceptualized in 2013 by GAICO CEO Komal Singh, includes a dry […]

Read More
Business and Economy Local Development News

Over 150 Small Businesses in Region 6 Receive Grants

In a significant effort to support local entrepreneurs, 152 small business owners from Region Six received business grants on Friday through the Small Business Bureau of the Ministry of Tourism, Industry, and Commerce. The distribution ceremony took place at the Belvedere Business Centre, aiming to provide financial assistance to entrepreneurs with small establishments or startup […]

Read More
Business and Economy Local Development News

Boosting Small Businesses in the Christmas Spirit

In the festive spirit, around 50 small businesses seized a unique opportunity to showcase their products and services at a pop-up shop hosted by Pop Up Nation 592 at MovieTowne. This collaborative effort with the Women’s Chamber of Commerce and Industry Guyana aimed to provide entrepreneurs with a special platform during the holiday season. The […]

Read More
Business and Economy News

Rose Hall Estate Achieves Milestone with Over 14,500 Tonnes of Crushed Canes

The Rose Hall Estate in Canje has reached a significant milestone by successfully crushing over 14,500 tonnes of sugar canes since its reopening. The Estate Manager, Vijay Goberdhan, disclosed this information, expressing optimism that the estate is on track to fulfill its full potential by the end of 2024. When the Peoples Progressive Party administration […]

Read More
Business and Economy News

GCCI Celebrates Successful Year, Sets Sights on 2024 Development

The Georgetown Chamber of Commerce and Industry (GCCI) celebrated a prosperous year, marking significant achievements in fostering business partnerships and advancing the local business environment. At the 134th Annual Awards Presentation and Gala Dinner held at the Marriott Hotel, President Kester Hutson expressed the Chamber’s commitment to developing a vibrant and sustainable business sector in […]

Read More
Business and Economy National Transformation News

Guyana Welcomes British Trade Mission for Investment Opportunities

Finance Minister Dr. Ashni Singh has extended a warm welcome to a British trade mission, emphasizing that Guyana is open for business and presents ripe investment opportunities. The trade mission, organized by the Caribbean Council, marks the third delegation of companies from the United Kingdom seeking investment prospects in Guyana. Minister Singh expressed that the […]

Read More
Business and Economy Local Development National Transformation News One Guyana

Guyana Opens Its Doors to UK Investors: Minister Walrond Highlights Opportunities

In a bid to foster international partnerships and economic growth, the Minister of Tourism, Industry, and Commerce, Oneidge Walrond, enthusiastically welcomed the UK Trade Mission, emphasizing that Guyana is open for business and highlighting the plethora of opportunities available. During a reception at the British High Commissioner’s residence on Thursday, Minister Walrond expressed optimism, noting […]

Read More
X