Business and Economy
Business and Economy News

New Restaurant and Lounge “Pyramid Paradise” Opens in Linden

Shawnette Fiedkou Linden welcomed a new addition to its culinary scene with the grand opening of Pyramid Paradise, a restaurant, and lounge aimed at boosting the town’s tourism potential. Proprietor Wendel Ogleton shared the inspiration behind the Egyptian-themed establishment, citing his travels to Egypt as the catalyst for the concept. Ogleton expressed his vision of […]

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Business and Economy National Transformation News

China and CELAC to Expand Relations in 2024 and Beyond

Chinese Ambassador Guo Haiyan has announced plans to further expand relations and strengthen ties between China and the Community of Latin American and Caribbean States (CELAC) in 2024 and beyond. Ambassador Haiyan emphasized the significance of China’s extensive diplomatic presence and collaborations worldwide, particularly with countries in the Global South. Despite shifts in the geopolitical […]

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Business and Economy Local Development News

Guyanese Businesses Urged to Prepare for Caribbean Investment Forum

By Delicia Janneire With the Caribbean Investment Forum (CIF) scheduled to take place from July 10 to 12 at the Arthur Chung Conference Centre, local businesses in Guyana are being encouraged to ensure their compliance and business documents are in order. Chief Investment Officer of GO Invest, Dr. Peter Ramsaroop, emphasized the importance of preparedness […]

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Business and Economy Energy Local Development News

GPL Partners with Dominican Republic’s InterEnergy Group to Enhance Electricity Systems

By Saskia Warrick Guyana Power & Light (GPL) Inc. is set to receive support from the InterEnergy Group, a company based in the Dominican Republic, to bolster its electricity systems. Through the signing of a Memorandum of Understanding (MOU), GPL and InterEnergy Group will engage in discussions to explore potential areas for collaboration and development […]

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Business and Economy Local Development National Transformation News

Guyana and Dominican Republic Forge Partnership for Regional Food Ecosystem

By Josiah Williams Guyana and the Dominican Republic have embarked on a collaborative effort to establish a food ecosystem that aims to not only cater to the needs of both nations but also to benefit the entire Caribbean region. This initiative was unveiled at the inaugural United Caribbean Forum, which commenced earlier today at the […]

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Business and Economy Local Development News

WWF and GFC Collaborate to Promote Sustainable Forestry

By Samuel Gillis On March 21st, the International Day of Forests, the World Wildlife Fund-Guianas (WWF-Guianas) and the Guyana Forestry Commission (GFC) marked the occasion by signing a memorandum of understanding (MoU). The aim of this agreement is to bolster the growth of Guyana’s forestry sector, ensuring its sustainability for future generations. The MoU is […]

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Business and Economy Local Development National Transformation News

CCIC Interested in Agro-Processing Opportunities in Guyana

By Josiah Williams The ongoing trade mission from Trinidad’s Chaguanas Chamber of Industry and Commerce (CCIC) is set to explore the abundant opportunities for collaboration between Guyanese and Trinidadian companies in the agro-processing sector. Minister of Tourism, Industry, and Commerce, Oneidge Walrond, highlighted Guyana’s commitment to building an attractive, reliable, and diverse economy and tourism […]

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Business and Economy Local Development News

Government to Enforce Breach Clauses Against Delinquent Contractors

By Josiah Williams In response to numerous complaints and instances of contractors breaching their contractual obligations, the government is taking decisive action to ensure accountability and transparency in public projects. Attorney General and Minister of Legal Affairs, Anil Nandlall, announced these measures during an episode of ‘Issues in the News’ on Tuesday. Nandlall revealed that […]

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Business and Economy Local Development News Technology

New Shipping Company, West Tech Shipping, Enters Guyana Market

By Delicia Janniere A new player has entered the local market as Guyana’s economy continues to expand. West Tech Shipping, a St. Lucian-owned shopping company, is making its mark in Guyana by offering hassle-free services to the business community. Operations Supervisor Aminata Austin shared insights about the company’s offerings in a recent interview sponsored by […]

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Business and Economy Local Development News

Republic Bank Expands to Berbice, Region Six: A $1.2 Billion Investment

By Samuel Sukhnandan Republic Bank Guyana Limited has taken a significant step in its expansion efforts by opening a new branch in Williamsburg, Berbice, Region Six. The newly inaugurated branch, which replaces the Rose Hall branch, symbolizes Republic Bank’s commitment to serving communities and uplifting lives across Guyana. Chairman Nigel Baptiste emphasized that the bank’s […]

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