Business and Economy
Business and Economy News

Ministry of Labour Initiates Conversion of Friendly Societies into Cooperatives

By Samuel Gillis The Ministry of Labour is actively pursuing the conversion of several friendly societies into cooperatives, citing their engagement in profit-oriented activities as the primary reason for the transition. According to Chief Co-operative Development Officer Janaknauth Panchu, these friendly societies can no longer operate under the Friendly Societies Act (Chapter 36:04) and must […]

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Business and Economy Human Development News

Small Business Owners Empowered Through Procurement Training Program

In a bid to enhance their capabilities in bidding for government contracts, hundreds of small business owners and entrepreneurs participated in the Small Business Procurement Program, a collaborative effort between the Small Business Bureau and the Public Procurement Commission. The one-day training session aimed to familiarize participants with Guyana’s procurement laws and regulations, equipping them […]

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Business and Economy News

Jagdeo Urges Diaspora to Utilize Go-Invest Website for Business Proposals

PPP General Secretary, Dr. Bharrat Jagdeo, is encouraging members of the Guyanese Diaspora to use online resources when making business inquiries and proposals. During a recent visit to Canada, Dr. Jagdeo engaged with the Diaspora on ongoing and future developments in Guyana. A key issue raised was the misconception that individuals must meet with a […]

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Business and Economy Local Development News

Government Initiates Agro-Processing Plan to Boost Local Products

by Saskia Warrick The government of Guyana is formulating a comprehensive agro-processing plan aimed at fostering agro-business incubators and programs to enhance agro-tourism. This initiative is part of efforts to showcase local products prominently at major international airports. President Dr. Mohamed Irfaan Ali has underscored the importance of these agro-business incubators in enabling local agro […]

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Business and Economy National Transformation News

Guyana Gears Up to Showcase Tourism Potential Ahead of Major Events

by Josiah Williams As Guyana prepares to host the Caribbean Investment Forum and the Cricket Carnival, local tourism and hospitality operators are being urged to effectively highlight the country’s cultural richness and service industry. During a recent engagement, Minister of Tourism, Industry, and Commerce, Oneidge Walrond, emphasized the importance of showcasing Destination Guyana as tourist […]

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Business and Economy News

DDL Presents Special Rum Blend to President Irfaan Ali for CARICOM Anniversary

By Josiah Williams Demerara Distillers Limited (DDL) marked the 50th anniversary of CARICOM by gifting President Dr. Irfaan Ali with a unique rum blend at State House today. This gesture reflects DDL’s commitment to supporting regional integration through its renowned spirits. Joining 12 other distillers from the West Indies Rum and Spirits Producers Association (WIRSPA), […]

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Business and Economy Human Development News

Participants Laud Econome 3 as Premier Business Conference and Mixer

By Delicia Janneire Econome 3 concluded with enthusiastic feedback from attendees who gathered at the Marriott Hotel for a two-day event focused on knowledge sharing and networking in business. The conference, themed ‘Scale’, attracted a diverse audience from various sectors eager to enhance their business acumen. Participants, including Lexann McPhoy, praised the quality of discussions […]

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Business and Economy Human Development News

Linden Women Entrepreneurs Receive Business Training

By Shawnette Fiedtkou Women entrepreneurs in Linden are receiving enhanced business training through the efforts of ActionINVEST CARIBBEAN INC. and the Cherie Blair Foundation, which have decentralized their Road to Growth training program to the mining town. Twenty-one women have successfully completed the intensive seven-week “Road to Growth” training, which aims to equip them with […]

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Business and Economy Local Development News

CJIA Expands Commercial Centre to Enhance Passenger Experience

By Delicia Janneire The Cheddi Jagan International Airport (CJIA) is set to significantly enhance its passenger experience with the construction of a new commercial centre. This initiative aims to offer a wider variety of services to in-transit passengers, including new duty-free shops, additional food concession areas, bars, and a dedicated play area for children. CJIA’s […]

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Business and Economy News

Guyana Restaurant Week Launches with Over 20 Options for Food Enthusiasts

Guyana Restaurant Week is set to begin on June 21, featuring over 20 participating restaurants across the country. The event was launched at Atlantis Restaurant in Leonora, under the theme ‘Explore, Eat, Repeat.’ Dee George, President of the Tourism and Hospitality Association of Guyana (THAG), welcomed Atlantis Restaurant’s participation as the first in Region Three […]

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