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Staff Reporter

Construction boom drives strong services growth across Guyana’s economy

Guyana’s construction industry emerged as one of the strongest drivers of economic activity in the first half of 2025, expanding by nearly 30 per cent as large-scale infrastructure works and private development gathered pace. According to the Bank of Guyana, the construction sector grew by 29.9 per cent at end-June, reflecting accelerated public investment in […]

Foreign borrowing drives non-bank financial institutions’ growth in first half of 2025

Foreign-funded loans were the single biggest driver behind the expansion of Guyana’s non-bank financial sector in the first half of 2025, according to the Bank of Guyana’s mid-year report. The financial resources of Non-Bank Financial Institutions (NBFIs) climbed by 7.9 per cent, or $38.3 billion, to $521.5 billion at the end of June 2025, reversing […]

Seize ‘era of opportunity’ as skills shortages drive premium earnings -Min. Singh’s message to young people

Finance Minister Dr. Ashni Singh has said that today’s young Guyanese are the most fortunate generation the country has ever produced, as rapid economic growth creates unprecedented opportunities across every sector, but only for those prepared to invest in skills, adapt, and excel. Speaking on the issue, the minister stressed that personal liberty remains a […]

One Guyana targeting broad-based prosperity through homeownership, credit access and financial empowerment -Dr. Singh

Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, says the government’s approach to economic growth is centred on ensuring that every Guyanese is able to participate in, contribute to and benefit from the country’s development. Speaking on the Starting Point podcast hosted by Fareeza Haniff and Kiana Wilburg, […]

Gov’t policies aimed at containing cost of living, cash grants not stand-alone solution– Minister Singh

Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, says the government has implemented a wide-ranging policy response to shield Guyanese from rising global inflation, while maintaining that cash grants will continue as part of a broader strategy to improve living standards. Speaking on the Starting Point podcast hosted […]

Private sector deposits, credit record solid growth -BoG

Guyana’s banking system recorded strong growth in both deposits and lending during the first half of 2025, driven largely by increased private sector activity, according to the Bank of Guyana. The central bank reported that private sector deposits, which accounted for 78.3 per cent of total deposits, grew by 15.3 per cent or G$109.2 billion […]

Venezuelan national pleads guilty to 2020 fatal stabbing of WCD youth

A Venezuelan national, Nestor Luis Bolivar Martinez—known as “Spanish Boy”—has confessed before the High Court that he was responsible for the unlawful killing of 21-year-old Sanjay “Drill” Hanoman during a 2020 incident on the West Coast Demerara. Martinez, who is being represented by attorney Ronald Bostwick, pleaded guilty to manslaughter and is now awaiting sentencing. […]

OPR ranks honoured as complaints drop and accountability efforts strengthen

Ranks from the Office of Professional Responsibility (OPR) were honoured on Thursday for their outstanding work over the past year, as the department hosted its Annual Christmas Luncheon and Award Ceremony at the Police Officers’ Mess Annexe. The activity, chaired by Superintendent Elton Baird, highlighted the unit’s achievements and the efforts of ranks who helped […]

Foreign exchange gaps widen despite stable official rate -BoG

A striking development in Guyana’s foreign exchange market for the first half of 2025 was the sharp widening of the gap between bank and non-bank cambios, signalling uneven pricing and growing spreads even as the official rate remained unchanged. According to the Bank of Guyana’s 2025 Half-Year Report, the Guyana dollar mid-rate used for official […]

President Ali praises Guyana Police Force for crime reduction and clearance rates

President Dr Mohamed Irfaan Ali has commended the Guyana Police Force (GPF) for achieving a 61.7 per cent crime clearance rate and reducing serious crimes by 25.2 per cent in 2025. Delivering the keynote address at the GPF’s traditional Christmas breakfast at the Police Officers’ Mess Annexe in Eve Leary, the head of state described […]