Business and Economy
Business and Economy National Transformation News

President Dr. Irfaan Ali Advocates for More Hotels to Meet Rising Visitor Arrivals

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, […]

Read More
Business and Economy News

Government Engages Private Sector and Banks in Foreign Exchange Discussions

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 […]

Read More
Business and Economy News

President Ali Hints at Further Increase in Income Tax Threshold

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 […]

Read More
Business and Economy News

Guyana’s GDP Surges by 59.5 Percent in First Half of 2023, Non-Oil Economy Shows Remarkable Growth

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 […]

Read More
Business and Economy News

Muneshwers Limited Sets Sights on Hiring Nearly 50 Berbicians at Region Six Job Fair

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 […]

Read More
Business and Economy News

Japanese-Inspired Yugo Restaurant Offers Authentic Culinary Experience in Guyana

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 […]

Read More
Business and Economy News

West Central Mall in Region Three Set to Revolutionize Shopping and Entertainment Experience

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 […]

Read More
Business and Economy Local Development News

Dream Vu Homes: Pioneering Modern Communities in Guyana

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 […]

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

Exhibitors Urged to Register Early for International Building Expo 2023

As preparations for the International Building Expo 2023 gain momentum, exhibitors are being encouraged to register early to avoid last-minute rush. Minister within the Ministry of Housing and Water, Susan Rodrigues, recently conducted a walk-through of the venue, the Guyana National Stadium, where she emphasized the transformation that will take place to accommodate the event. […]

Read More
Business and Economy Human Development Local Development News One Guyana

Charles Roza School of Nursing to Remain Open; Upgrades and Expansion Planned – Ramsammy

Dr. Leslie Ramsammy, Advisor to the Minister of Health, has assured the public that the Charles Roza School of Nursing will continue to operate and serve the community, contrary to rumors suggesting closure. Ramsammy posited that the government has no plans to shut down the institution, as he emphasized commitment to improving the nursing school […]

Read More
X