Business

The Guyana Rice Development Board (GRDB) has inked a US$5.2M contract for the supply of 9,075 tonnes of white rice to Panama over the next year. The contract is a renewal of similar agreements signed in 2017 and 2018. There were fears…

Pensioners are encouraged by the Guyana Water Incorporated (GWI) to visit the nearest GWI office to be registered for a fixed payment on their water bills. This initiative came into effect from October 1, 2018. An advertisement in…

Government’s shares in Guyana Stockfeeds Limited were sold to the majority shareholder, Robert Badal at a price below market value, Finance Minister Winston Jordan said. Speaking to News Room at the Parliament Buildings Monday, the…

By Devina Samaroo Finance Minister, Winston Jordan believes the pending transaction between Republic Bank and Scotiabank could violate the country’s financial laws. Republic Financial Holdings Limited, which owns the Republic Bank…

The Private Sector Commission (PSC) was Monday stern in its call for an end to discussions and the operationalization of Guyana’s Local Content Policy forthwith, as the country edges closer to first oil in 2020. PSC Chairman Desmond…

Government’s decision to ban the hosting of parties on the foreshore behind the Guyana Marriott Hotel in Kingston, Georgetown has been met with calls from the Private Sector Commission (PSC) and local promoters to reconsider its position.…

By Kurt Campbell In a bold move to build stronger relationships between Guyanese suppliers and prime contractors, ExxonMobil on Monday opened massive a two-day Supplier Development Forum, bringing together hundreds of local businesses…

ExxonMobil today announced a tenth discovery offshore Guyana at the Pluma-1 well on the Stabroek Block. The announcement was made at the opening of a grand Supplier Development Forum at the Marriott Hotel, Georgetown, much to the…

Caribbean Airlines Limited (CAL) has cancelled all flights leaving and arriving at the Cheddi Jagan International Airport (CJIA) amid safety concerns. When contacted on Sunday evening, Minister of State, Joseph Harmon told News Room that…

The Regional Executive Officer (REO) for the Regional Democratic Council Region Four, Pauline Lucas has terminated the contract for the construction of the Supply Health Centre, East Bank Demerara, which was awarded to Navin and Sons…