Business and Economy
Business and Economy News

President Ali Calls for Guyanese-Canadian Business Partnerships

President Irfaan Ali emphasized the importance of collaboration between Guyanese and Canadian companies for the development of competitive products. He noted that various sectors, including tourism, offer abundant opportunities that should be seized for economic growth. President Ali highlighted the need for accelerated development to keep pace with the evolving global economy. He emphasized that […]

Read More
Business and Economy News One Guyana

Empowering Region 10 with Opportunities for Growth

The Centre for Local Business Development has launched an outreach program aimed at acquainting the residents of Region 10 with a spectrum of opportunities across the country. The inaugural session was held at the Linden Enterprise Network Conference Room, marking the commencement of a series of five such events. Director Natasha Gaskin Peters outlined the […]

Read More
Business and Economy News

Finance Minister Emphasizes Abundant Investment Opportunities in Guyana

Finance Minister, Dr. Ashni Singh, underscored the plethora of investment opportunities available across various sectors of the Guyanese economy during his address at the Investment & Capital Markets Conference. Encouraged by the Local Content Act, which promotes investments in domestic enterprises beyond the oil and gas sector, Minister Singh emphasized the government’s commitment to funding […]

Read More
Business and Economy News

Trinidadian Manufacturers Encouraged to Invest in Guyana

In a bid to strengthen bilateral ties and foster joint business ventures, Trinidadian businesses and manufacturers are being urged to invest in Guyana. The call was made during a Business Seminar organized by the Trinidad and Tobago Manufacturers’ Association, which was part of a visiting delegation’s agenda. Foreign Secretary Robert Persaud emphasized the opportune moment […]

Read More
Business and Economy News

Pop-Up Nation 592: A Showcase of Local Talent and Entrepreneurship

Pop-Up Nation 592, an exciting event showcasing the best of Guyanese entrepreneurship, is set to take place on October 28. Organized by ToDo Business Services, the event aims to provide a platform for local small businesses to shine. The venue for this creative extravaganza will be the Thai Express parking lot on Camp Street, Georgetown. […]

Read More
Business and Economy News

Government’s Commitment to Prudent Financial Management

Senior Finance Minister Dr. Ashni Singh highlighted the government’s core objectives, emphasizing the importance of prudent, transparent, and accountable management of the state’s financial resources. In an appearance on the Dr. Randy Persaud show, Dr. Singh reaffirmed the government’s dedication to crafting policies that align with the global economy and suit Guyana’s financial situation. Since […]

Read More
Business and Economy News

Royal Lounge: A New Entertainment Hub in Guyana

The Guyanese entertainment scene has received a significant boost with the grand opening of Royal Lounge, a vibrant indoor hotspot. The Royal Lounge introduces a rooftop pool and bar, with plans to add a restaurant experience in the near future. Proprietor Terrence Jaskarran aims to create a “clean and safe” environment where families and friends […]

Read More
Business and Economy News

IMF Evaluation Highlights Prudent Fiscal Management, Says Analyst Joel Bhagwandin

Financial analyst Joel Bhagwandin commended the recent evaluation statement from the International Monetary Fund (IMF), emphasizing its affirmation of the Guyana government’s commitment to sound fiscal management. Bhagwandin underscored that the evaluation effectively captures the genuine progress underway in the country’s development. According to Bhagwandin, the IMF’s assessment is a clear and positive endorsement of […]

Read More
Business and Economy News

Ansa Building Solutions (ABS) Inaugurates Operations

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 […]

Read More
Business and Economy News

IMF Lauds Guyana’s Economic Growth with a Projected 38 Percent Expansion in 2023

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 […]

Read More
X