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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
By Josiah Williams – November 23, 2024 Twelve small businesses have each received one million dollars in funding through the Green Technology (GreenTech) Fund at the Small Business Awards 2024 held on Friday. The fund aims to support innovative environmental projects aimed at addressing today’s pressing environmental challenges. The GreenTech Fund recognizes businesses that have […]
By Saskia Warrick | November 18, 2024 The Leonora Friday Night Market has proven to be a huge success, receiving strong support from residents, vendors, and farmers in Region Three. This initiative, spearheaded by President Dr. Irfaan Ali, aims to create a safer and more organized space for commerce while promoting local agriculture and business. […]
By Saskia Warrick | November 18, 2024 Guyana Port Inc. (GPI) has taken a significant step to improve the country’s waterways with the commissioning of a new $4 million dredger, a move set to boost trade and economic activities. The Damen Cutter Suction Dredger 350, which was commissioned over the weekend, boasts a robust and […]