Business

The Guyana Revenue Authority (GRA) on Thursday denied that it had collected $217 billion in taxes for 2018, as claimed by a media house in reporting on the 2018 Auditor General’s report which was presented to House Speaker Dr Barton…

The Cheddi Jagan International Airport (CJIA) collected a total $3.4B in revenue for 2019, the Minister within the Ministry of Public Infrastructure, Jaipaul Sharma said on Wednesday. The Minister noted that this was remarkable for CJIA.…

The Guyana National Bureau of Standards (GNBS) on Thursday said it is prepared for its role in the oil and gas sector, including being able to manage aspects of the oil trade offshore Guyana; it said this includes being able to competently…

The Ministry of Natural Resources (MNR) Tuesday evening announced that the 2019 gold declaration stood at 634,905 ounces. The declaration was 18,682 ounces above what was declared in 2018 (616,223). The Ministry said that of the…

The Guyana Revenue Authority (GRA) in 2018 granted duty and tax exemptions to individuals and businesses totalling more than $134 billion, which represents an increase of 91.97 per cent when compared to the exemptions granted in the…

The Guyana Sugar Corporation (GuySuCo) has reported a sugar production shortfall of 17,000 tonnes for 2019. The Corporation said a total of 92,246 tonnes of sugar was declared to be sold in the local, regional and international markets.…

Tullow Oil, headquartered in London, on Thursday announced its third successful oil discovery offshore Guyana; however, the company will not be moving to commercialise its latest find. The find is lower than pre-drill forecasts, the…

Tullow Oil plc (Tullow) announces that the Carapa-1 exploration well, drilled on the Kanuku licence offshore Guyana, has encountered approximately four metres of net oil pay based on preliminary interpretation, and has extended the prolific…

Businessman Roy Beepat has fiercely defended his Turkeyen establishment – The Strip – which has come under fire on social media recently by persons alleging cases of robbery at the popular hangout spot. “What I can say to you is that…

Banks DIH Limited Group has significantly improved its income for 2019, recording an increase of more than $611 million in after-tax profits. The announcement was made by Managing Director of the group of companies, and Chairman of the…