-to begin January 2026 The Ministry of Natural Resources has announced a major update to the processing of local content certification applications, introducing fixed timelines aimed at improving clarity, predictability, and overall efficiency for businesses across the sector. This comes as Minister of Natural Resources, Hon. Vickram Bharrat, met with management and staff of the […]
BUSINESS
PSC Chairman says private sector driving economic diversification amid oil boom
Private Sector Commission (PSC) Chairman Captain Gerald Gouveia Jr. says the private sector is taking the lead in expanding Guyana’s economy beyond oil and gas, with major opportunities emerging across tourism, agriculture, manufacturing, and ICT. Speaking on the Starting Point podcast, Gouveia said the Local Content Act has created fertile ground for local companies to […]
Gouveia praises government’s role in strengthening private sector growth
Private Sector Commission (PSC) Chairman, Captain Gerald Gouveia Jr., has applauded the Government of Guyana for what he described as an exceptional and proactive partnership that is helping to accelerate private sector development across the country. Speaking on the Starting Point podcast, Gouveia examined the evolving relationship between government and business, noting the rapid transformation […]
‘Pres Ali wants to do 30 years of work in five and the private sector is answering that call’ -PSC Chairman
Chairman of the Private Sector Commission (PSC), Captain Gerald Gouveia Jr., says the business community is fully prepared to match President Irfaan Ali’s accelerated development pace, noting that the Head of State has made it clear he intends to deliver “30 years of work in five.” Speaking on Starting Point with host Kiana Wilburg, Gouveia […]
Guyana’s Gold A High Interest For Canadian Mining Firm
Tajiri, a junior gold-exploration outfit, has released the final results from an infill auger sampling program at its majority-owned Yono Gold Project in Guyana. The company reports “widespread gold anomalism” across the property, and continuity within the strongest anomalous zones — that is, areas where gold concentrations make sense for follow-up. According to major stock […]
Canadian Business Delegation Explores Investment Opportunities in Guyana
A Canadian business delegation, organized by the High Commission of Canada to Guyana, is currently visiting the country from October 14 to 17, 2025, to explore investment opportunities and strengthen trade ties between the two nations. The delegation comprises representatives from five Canadian companies: Bionetix International, Sprig Learning Inc., 4Pay Inc., FreeBalance Inc., and E-Magic […]
Government launches Diwali tour initiative to boost cultural tourism
The Ministry of Tourism, Industry, and Commerce, through the Guyana Tourism Authority (GTA), has launched a special Diwali tour initiative aimed at celebrating the Festival of Lights while strengthening Guyana’s cultural tourism brand. According to GTA Director Kamrul Baksh, the initiative is designed to provide both locals and visitors with an opportunity to experience the […]
President Ali unveils banking reforms to strengthen financial system
Speaking with the heads of commercial banks and regulatory agencies on Tuesday, President Irfaan Ali announced a new set of measures aimed at tightening Guyana’s financial system, with particular focus on foreign currency management, invoicing practices, and credit card transactions. The President highlighted worrying trends in credit card usage, pointing to figures that he described […]
Guyana’s Banking Sector Expands Access with Innovation and Growth
Guyana’s banking industry continues to evolve, pairing strong financial growth with new opportunities for entrepreneurs and small businesses. The sector has already demonstrated impressive resilience, with credit to the private sector jumping from about GYD $260 billion in 2020 to over GYD $410 billion by mid-2024, a nearly 60% increase. Demerara Bank Limited (DBL) has […]
Guyana, Oman Sign Historic Air Services Agreement to Boost International Connectivity
See full statement below: On Monday, 22 September 2025, in Montreal, Canada, at the ICAO 42nd Assembly, Guyana and Oman signed an Air Services Agreement to encourage and facilitate airlines operating air services between the two countries, as well as to other nations. Signing the Agreement on behalf of Oman was Eng. Nayef Ali Al […]