By Delicia Janneire | February 14, 2025 The Guyana Bank for Investment and Trade (GBTI) has launched an invoice financing initiative aimed at supporting local businesses supplying goods and services to ExxonMobil Guyana. This new facility allows registered suppliers with approved invoices from the oil giant to access advanced financing of up to 80% of […]
By Delicia Janneire | February 11, 2025 With less than a week to go, the Guyana Energy Conference and Supply Chain Expo 2025 is set to open, bringing together stakeholders, legislators, and business executives for four days of discussions on advancements in the oil and gas sector. President Dr. Irfaan Ali has described this year’s […]
By Saskia WarrickFebruary 10, 2025 As Guyana undergoes rapid infrastructure expansion, President Irfaan Ali has outlined several major projects aimed at enhancing trade, regional connectivity, and economic diversification. Speaking on the Energy Perspective Podcast, the President emphasized that the current progress marks only the beginning of a broader transformation plan for the country. A key […]
By Nakasia LoganFebruary 10, 2025 The Mayor and City Council (M&CC) of Georgetown is actively exploring the establishment of a drive-thru market between Orange Walk and Cummings Street as a structured solution to the persistent street vending challenges in the Robb Street area. City Mayor Alfred Mentore disclosed the plans during an exclusive interview with […]
February 10, 2025 President Dr. Irfaan Ali has reaffirmed his government’s commitment to responsibly managing Guyana’s oil and gas resources while addressing key challenges facing the country. In a live podcast interview on Sunday, President Ali highlighted the need for strategic planning to mitigate external shocks, particularly the global rise in the cost of imported […]
By Saskia WarrickFebruary 6, 2025 After spending 35 years in the United States, mechanical engineer Bob Ghamandi has returned to Guyana with a mission to contribute to the country’s growth. Through his company, Compass Industrial Services, Ghamandi has secured a contract with Guyana Water Incorporated (GWI) to manufacture industrial water filters locally, supporting the government’s […]
February 5 2025 During his virtual address at the second edition of the International Business Conference, President Dr. Irfaan Ali emphasized the significant opportunity for collaboration between Guyana and Suriname in fostering sustainable regional development. With the development of a major offshore oil field in Suriname set to begin production in 2028, the president noted […]
By Delicia Janneire | February 5, 2025 Economist Richard Rambarran has praised the fiscal policies outlined in Budget 2025, noting that they are designed to bolster the competitiveness of local businesses and stimulate economic growth. During a “Budget in Focus” program, Rambarran discussed the government’s ongoing commitment to expanding opportunities for investments, particularly within the […]
By Celestine Chacon | February 5, 2025 Minister of Natural Resources, Vickram Bharrat, has described Guyana’s Gas-to-Energy project as the most transformative initiative in the country’s history. His remarks were made during an appearance on the “Energy Perspective” podcast hosted by Kiana Wilburg, CEO of the Guyana Energy Conference. Minister Bharrat highlighted the government’s strategic […]
By Saskia Warrick | February 4, 2025 The government is advancing plans for the establishment of the Guyana Law School, with land identified and feasibility studies in progress. The update was provided during the parliamentary scrutiny of the Ministry of Legal Affairs’ $1.6 billion budget approval. Seven acres of land have been earmarked at the […]