BUSINESS

BUSINESS

Guyana’s economy grew 19.3% in 2025, non-oil GDP up 14.3% -Dr. Singh

January 28, 2026 Staff Reporter

Guyana’s economy expanded by 19.3 percent in 2025, with the non-oil economy growing by 14.3 percent, underscoring what Government says is broad-based growth even amid global economic uncertainty. Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, made the disclosure on Monday while presenting Budget 2026 in the National […]

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BUSINESS

Rodrigues says Budget 2026 “has something for everyone” as $1.558 trillion plan targets people, small businesses & growth

January 27, 2026 Staff Reporter

Minister of Tourism, Industry and Commerce Susan Rodrigues has hailed Budget 2026 as a people-centred financial plan that delivers wide-ranging benefits for citizens while advancing the Government’s development agenda for the next five years. Reacting to the budget presented by Finance Minister Dr Ashni Singh on January 26, Rodrigues said the $1.558 trillion spending plan, […]

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BUSINESS

Budget 2026: Tourism institute to open, Palmyra Cultural Market tapped as flagship “orange economy” projects

January 26, 2026 Staff Reporter

The government is positioning tourism and the creative industries as major job-creation engines in 2026, with the anticipated completion and opening of the Hospitality and Tourism Training Institute at Port Mourant, Region Six, and the development of the Palmyra Cultural Market among its flagship initiatives. Senior Minister in the Office of the President with responsibility […]

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BUSINESS

Private sector credit jumped 18% to $531.8B in 2025; manufacturing lending up $12.9B

January 26, 2026 Staff Reporter

The private sector credit expanded sharply in 2025, rising by an estimated 18 per cent to $531.8 billion, with notable increases in lending to key productive sectors including manufacturing, mining and services, Senior Minister in the Office of the President with responsibility for Finance Dr. Ashni Singh reported during the presentation of Budget 2026. Dr. […]

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BUSINESS

Approval granted for restart of Berbice River bauxite operations -Dr. Singh

January 26, 2026 Staff Reporter

Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh, announced today that the PPP/C administration has granted approval for the restart of bauxite operations in the Berbice River “just a few days ago”. “Let me repeat Mr. Speaker, that just a few days ago, this People’s Progressive Party Civic government […]

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BUSINESS

Air traffic up 450% in four years as Pres Ali moves to align hotels, government on tourism target

January 12, 2026 Staff Reporter

President Dr Mohamed Irfaan Ali on Saturday pointed to a sharp rise in air traffic and international connectivity as evidence of Guyana’s rapidly expanding tourism market, while assuring investors that government will work closely with hotel operators to protect and grow their investments. Speaking at the opening of AC Marriott Guyana, President Ali said recent […]

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BUSINESS

107 Brazilian miners suspended

January 7, 2026 Staff Reporter

GGMC moves to enforce gold declaration compliance The Guyana Geology and Mines Commission (GGMC) has moved to immediately suspend the mining operations of 107 Brazilian miners, following their failure to engage the Commission after being formally called in over compliance issues. In a notice issued by the GGMC, the Commission announced the immediate suspension of […]

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BUSINESS

AIEP trains 600+ youths with over 70% start agri-businesses — Ramkissoon

December 30, 2025 Staff Reporter

The Ministry of Agriculture’s Agricultural Innovation and Entrepreneurship Programme (AIEP) is recording strong results in youth participation, business creation and modern production. This is according to Minister within the Ministry of Agriculture, Vikash Ramkissoon. The programme, launched in 2022, aims to empower youth in agriculture, boosting food security and fostering agribusinesses through modern techniques such […]

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BUSINESS

Zero corporate tax incentives to drive growth beyond Georgetown

December 19, 2025 Staff Reporter

The Government is moving to deliberately push investment and higher-paying jobs into Guyana’s hinterland, riverine and outlying regions through a package of targeted tax incentives, as it acknowledges that the country’s current economic boom is still heavily concentrated in Georgetown and Region Four. Speaking on the issue, the Vice President said that while sectors such […]

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BUSINESS

CCAC warns against ‘No Refund’ signs as complaints reach $471M for 2025

December 2, 2025 Staff Reporter

With the Christmas season underway, the Competition and Consumer Affairs Commission (CCAC) is urging suppliers to stop displaying “No Refund” signs and to refrain from refusing refunds, returns or exchanges in violation of the Consumer Affairs Act. The reminder comes amid a rise in complaints and increased consumer activity during the holiday period. The CCAC, […]

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