Business and Economy
Business and Economy National Transformation News

VP Jagdeo Calls for Stronger Reciprocity in CARICOM Trade

By Saskia Warrick, December 6, 2024 Vice President Dr. Bharrat Jagdeo has called for stronger reciprocity within the CARICOM trade bloc to address longstanding barriers hindering the export of local products. His remarks came during the Guyana Manufacturing and Services Association (GMSA) Awards Dinner, where local manufacturers raised concerns about these trade challenges. Lesley Ramlall, […]

Read More
Business and Economy National Transformation

Guyana and South Korea Sign Air Services Agreement

By Delicia Janneire | December 5, 2024 Guyana has officially signed an air services agreement with South Korea, marking a significant development in the country’s air connectivity. The agreement was formalized this morning during a ceremony held at the Cheddi Jagan International Airport, with Minister of Public Works, Juan Edghill, signing on behalf of Guyana. […]

Read More
Business and Economy Human Development News

“One Guyana Supermarket” Boosts Local Sales at Christmas Village

By Celestine Chacon | December 5, 2024 Vendors at the “One Guyana Supermarket” located in the Christmas village on Main Street have praised the new initiative, expressing optimism for continued boosts in sales throughout the holiday season. The supermarket, a recent addition to the annual Christmas village, is offering small and medium-sized businesses a unique […]

Read More
Business and Economy News

Small and Medium Enterprises Drive Economic Growth in Guyana, Says Tourism Minister

By Josiah Williams | December 4, 2024 Small and medium-sized businesses (SMEs) in Guyana have shown significant growth and are making valuable contributions to the local economy, according to the Ministry of Tourism, Industry, and Commerce. The ministry’s end-of-year press conference highlighted the successful performance of SMEs and the support they have received from the […]

Read More
Business and Economy Energy News

Regulatory Stability Key to Guyana’s Future Oil Investments, Says ExxonMobil President

By Josiah Williams | December 4, 2024 Regulatory stability will play a crucial role in securing future investments in the Guyana-Suriname Basin, according to Alistair Routledge, President of ExxonMobil Guyana. Routledge made this statement during an appearance on the Energy Perspectives podcast, a weekly series leading up to the Guyana Energy Conference and Supply Chain […]

Read More
Business and Economy Local Development News

Guyana Sees Remarkable Increase in Tourist Arrivals in 2024

By Celestine Chacon | December 4, 2024 Guyana has witnessed a significant rise in tourism in 2024, with approximately 300,000 visitors arriving between January and October, according to the Minister of Tourism, Industry, and Commerce, Oneidge Walrond. During the Ministry’s year-end press conference, Walrond announced that visitor arrivals have increased by 15% compared to the […]

Read More
Business and Economy News

One Guyana Christmas Village Celebrates Unity and Culture with Over 80 Local Businesses

By Josiah Williams | December 3, 2024 The One Guyana Christmas Village on Main Street has officially opened, ushering in the festive season with a celebration of Guyanese culture, unity, and prosperity. Over 80 small and medium-sized businesses are participating in this year’s event, offering a variety of local produce, products, and cultural goods. President […]

Read More
Business and Economy News

Guyanese Celebrate the Holiday Season at the One Guyana Christmas Village

By Delicia Janneire | December 3, 2024 The festive spirit is alive and well as the annual ‘One Guyana Christmas Village’ attracts large crowds this holiday season. Located along Main Street Avenue, the village has become a hub for holiday shopping and entertainment, now complemented by a newly opened Christmas supermarket. Visitors can explore a […]

Read More
Business and Economy Energy News

IGI Investments Expands into Agriculture and Education Sectors

By Josiah Williams | November 29, 2024 International Group Investments Inc. (IGI Inc.), a local company that was awarded oil blocks in 2022, is broadening its impact in Guyana by making significant investments in the agriculture and education sectors. As part of its corporate social responsibility strategy, IGI Inc. has acquired land in Moblissa and […]

Read More
Business and Economy News

Small Businesses Honoured for Contributions to Guyana’s Economy

By Josiah Williams – November 23, 2024 Thirty-five small business owners were recognized for their outstanding contributions to Guyana’s economy at the Small Business Bureau Awards held at the Pegasus Suites. Entrepreneurs from diverse sectors, including agro-processing, sustainable tourism, fashion, business consultancy, and cultural acts, were commended for their innovation and hard work. During the […]

Read More
X