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Guyana’s services sector surpassed $500B in 2023 – GMSA Annual Report
The services industry plays a pivotal role in the Guyanese economy, generating over $500 billion and expanding by 10 per cent in 2023 when compared to 2022. This sector contributes 13 per cent to GDP and over 41 per cent to non-oil GDP.…
Guyana’s manufacturing sector records highest growth in history
The manufacturing sector in Guyana experienced tremendous growth in 2023, generating $70 billion for the year. This marks a 25 per cent increase from $56.3 billion in 2022.
This was revealed in the 2023 Annual Report of the Guyana…
OAS and Structuralia launch 2,000 Grants to study for International Online Master’s Degrees
Structuralia, a leading online education school specializing in STEM areas, is pleased to announce the second phase of the strategic collaboration with the Organization of American States (OAS) for the delivery of 2,000 online master's…
IMF projects 33.9% growth for Guyana this year
The International Monetary Fund (IMF) in its new World Economic Outlook report for April 2024 projects that Guyana will record a 33.9% growth in real GDP this year.
Real Gross Domestic Product (GDP) is an inflation-adjusted measure that…
Business mentorship among activities slated for WE LIFT 4
The National Aquatic Centre will come alive this weekend when the Ministry of Human Services and Social Security hosts its women empowerment expo, promising a range of mentorship and financial literacy opportunities.
Subject Minister Dr…
‘Banks in traditional money management’ – Pres. Ali calls for more investment, innovation
President Dr. Irfaan Ali again raised concerns about Guyana’s “traditional” banking sector, noting that these entities must identify business opportunities for themselves and provide investments needed to make those ventures successful.…
Starbucks opens second store in Guyana
As part of its continued expansion plans in the market, Prestige Holdings Guyana Inc., Starbucks operating licensee in Guyana, on Tuesday announced that more customers can enjoy the Starbucks Experience at its newest store located in the…
‘River Place’ complex at Farm to move forward as US$25M loan inked
See below full release from the Ministry of Finance:
As Government continues to foster an environment in the country to facilitate more investment and boost development initiatives countrywide in the country’s non-oil sectors, Senior…
WE LIFT 4: Empowering women for sustainable development
See the full statement below:
The Ministry of Human Services and Social Security is proud to announce the fourth edition of WE LIFT (Women Empowerment - Leading, Innovating, Flourishing Together), a dynamic event aimed at empowering…
Guyanese family to construct a modern mega mall and entertainment complex at Mahaica
A Mega Project that will contribute significantly to Guyana’s Tourism Sector is being developed by the Ramlochan Family of Chris Auto Sale & Spares.
It will be conveniently located directly off the main public road (East Demerara…