Business and Economy
Business and Economy Local Development News

Guyana Surpasses Rice Production Targets with Positive Growth

By Saskia Warrick Guyana’s rice production is experiencing significant growth, with the half-year target already exceeded. The country has seen a steady increase in rice output over recent years, with production rising from 610,000 metric tonnes in 2022 to 653,710 metric tonnes in 2023. For 2024, the target was set at 710,030 metric tonnes. As […]

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Business and Economy Local Development News

Inaugural International Business Conference Seeks Deals and Collaborations

By Saskia Warrick Preparations for the inaugural international business conference are well underway, with significant progress reported by the Chairman of the Suriname Guyana Chamber of Commerce (SGCC), Dr. Vishnu Doerga. The conference, set to take place from October 15-17 at the Marriott Hotel, aims to facilitate closed transactions and foster joint collaborations. The event, […]

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Business and Economy Local Development News

Industrial Supply of Guyana Opens New Branch in Berbice

By Royan Abrams The Industrial Supply of Guyana (ISG), a subsidiary of MACORP, has launched its first branch in Region Six, Berbice, expanding its operations to better serve local industries. The new outlet, located at Port Mourant on the Corentyne, will cater to various sectors including mining, construction, agriculture, automotive, food, and oil and gas. […]

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Business and Economy News

Banks DIH Launches Automotive Subsidiary with Focus on Electric Vehicles

Beverage giant Banks DIH Limited has inaugurated its new subsidiary, Banks Automotive and Services Incorporated (BASI), with President Dr. Irfaan Ali in attendance. The launch marks a significant step in the company’s diversification efforts. The newly opened six-story automotive and services dealership, spanning 2008 square meters, is a landmark achievement, being the first of its […]

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Business and Economy Local Development News

Building Expo to Feature Distribution of 2,000 House Lots and 1,000 Certificates of Title

By Samuel Gillis The 2024 International Building Expo is set to provide significant opportunities for prospective homeowners, with the distribution of 2,000 house lots and 1,000 certificates of title during the event. This announcement was made by Susan Rodrigues, Minister within the Ministry of Housing and Water, as she toured the venue preparations earlier today. […]

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Business and Economy Local Development News

Guyana Conference of Seventh Day Adventists Hosts Successful Small Business Exhibition

The Guyana Conference of Seventh Day Adventists (GCSA) hosted a vibrant Small Business Exhibition on Sunday, providing a platform for local businesses to showcase their products and services. The event, held at the Sophia Exhibition Centre, featured a range of locally made products from various small businesses. Among the exhibitors was Wardy’s Agro Processing, known […]

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Business and Economy Local Development News

Ride Along GY Launches New Cycling Experience in Bartica to Boost Tourism

By Delicia Janneire In a significant boost to local tourism, Ride Along GY has officially launched its bicycle tour experience in Bartica, aimed at enhancing the town’s appeal to visitors. The initiative, part of the Discover Essequibo Circuit Project, seeks to offer a unique way to explore Bartica’s scenic landscapes and key landmarks. The newly […]

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Business and Economy Human Development News

President Ali Launches Agri-Business Programs for Graduates and Single Mothers

By Saskia Warrick President Dr. Irfaan Ali today addressed a group of agriculture graduates, unveiling new government initiatives designed to foster entrepreneurship in the agricultural sector. The programs, aimed at graduates from institutions such as the University of Guyana and the Guyana School of Agriculture, are part of the Agriculture and Innovation Entrepreneurship Program (AIEP). […]

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Business and Economy Local Development News

President Ali Promotes Guyana as Prime Investment Destination at Caribbean Investment Forum

President Irfaan Ali has encouraged Caribbean investors to leverage Guyana’s investment-friendly environment during the Caribbean Investment Forum (CIF). At the event’s opening, President Ali emphasized that Guyana is not solely relying on oil and gas for its future but is actively modernizing and investing across both traditional and emerging sectors. He highlighted that the country’s […]

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Business and Economy News

P.F. Chang’s Launches in Georgetown, Guyana

Georgetown, Guyana welcomes the renowned global restaurant brand P.F. Chang’s, as it officially opens its doors on Wednesday, July 10th, at 57 High Street, Kingston. The launch ceremony, attended by President Dr. Irfaan Ali and First Lady Arya Ali, signifies a significant investment in the local culinary landscape. President Irfaan Ali emphasized the strategic decision-making […]

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