Ansa Building Solutions (ABS), a subsidiary of the Ansa McAl Group of Companies, marked its official entry into the infrastructure sector with a grand launch at the Marriott Hotel. Over the past three years, the company has invested a substantial sum of US $12.5 million to establish itself as a key player in Guyana’s infrastructure […]
The International Monetary Fund (IMF) has praised Guyana’s robust economic growth and the government’s prudent fiscal management policies. Following their evaluation, the IMF team predicts further economic expansion for the country in 2023. This positive outlook is attributed to the rapid development of the oil and gas sector, coupled with effective financial management strategies. In […]
As the influx of visitors to Guyana surges during the 2023 Cricket Carnival season, accommodation has emerged as a significant challenge. President Dr. Irfaan Ali has emphasized the urgent need for the construction of additional hotels and eco-lodges to address this demand. During a recent press conference, President Ali highlighted the substantial growth in arrivals, […]
In response to public concerns about the foreign exchange market, the Government of Guyana initiated a crucial meeting with representatives from the private sector, banks, and various stakeholders. Finance Minister Dr. Ashni Singh led the discussions, underscoring the government’s commitment to addressing this pressing issue. President of Guyana, H.E. Dr. Mohamed Irfaan Ali, emphasized the […]
President Irfaan Ali has alluded to the possibility of an additional increase in the income tax threshold later this year. He emphasized that a comprehensive evaluation of the country’s current revenues and projected earnings is presently underway. Currently, the minimum wage stands at $75,000 for the public sector and $60,000 for the private sector. In […]
In a press conference today, President Irfaan Ali announced that Guyana has experienced extraordinary economic growth across various sectors in the first half of the year, with the Gross Domestic Product (GDP) recording an estimated surge of 59.5 percent. The government’s strategic efforts aim to position Guyana favorably well ahead of its time, looking toward […]
Scores of eager Berbicians gathered at the University of Guyana Tain Campus, hoping to secure one of the numerous job opportunities offered by Muneshwers Limited. The company hosted a job fair, seeking individuals to fill various roles including truck drivers, haulers, welders, fabricators, engineers, managers, supervisors, and other positions. Executive Director Robin Muneshwar revealed that […]
Enthusiasts of Japanese culture and cuisine can now indulge in an authentic experience at Guyana’s newly opened Yugo Restaurant. Located in Movietown, the restaurant offers a friendly atmosphere infused with Japanese preferences, with their signature dish being the renowned ramen bowl. Shomari Williams, a representative of Yugo, expressed that patrons can look forward to savoring […]
The “West Central Mall,” an avant-garde shopping and entertainment complex in Region Three, located in Leonora, is poised for its grand opening on September 30th. This groundbreaking development is a significant milestone for the region, offering a contemporary shopping and entertainment hub, sparing residents the need to travel beyond their locality. Sandra Bipta, General Manager […]
Dream Vu Homes, a distinguished construction company hailing from Canada, is actively engaged in the creation of contemporary, state-of-the-art communities within burgeoning housing zones across Guyana. Nimron Shah, the Operations Manager of Dream Vu Homes, recently shared the company’s ongoing projects in an exclusive interview with NCN Business. Having secured a government contract, Dream Vu […]