BUSINESS

BUSINESS

Around 1,000 house lots to be distributed in Linden

July 4, 2025 Editor

Approximately one thousand residential lots will be allocated to families in the Linden area as part of the New Wismar Phase 2 Housing Development. The allocations will take place at Watooka House during a “Dream Realise” event, benefitting families across low, middle, moderate, and high-income brackets. Additionally, over 90 Certificates of Title will be distributed […]

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BUSINESS

GNBS records surge in certifications in second quarter of 2025

July 3, 2025 Editor

A growing number of Guyanese businesses are stepping up to meet National Standards. In line with the Government of Guyana’s call for greater conformance to Standards and Certification, the Guyana National Bureau of Standards (GNBS) has recorded a significant increase in business certifications during the second quarter of 2025. This trend reflects a growing movement […]

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BUSINESS

Gov’t pledges easier access to capital, tax incentives for small businesses

July 2, 2025 Editor

As Guyana continues to experience major economic growth, President Dr. Irfaan Ali has announced a series of government-led initiatives aimed at improving access to financing and support for small and medium-sized businesses across the country. Speaking at the Region Three Chamber of Commerce’s event, President Ali assured the business community that his administration is committed […]

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BUSINESS

Rose Hall to see major drainage and street upgrades as gov’t subvention rises to $50M

June 28, 2025 Editor

The Rose Hall Town Council in Region Six is preparing to roll out a series of long-awaited upgrades to its drainage systems, walkways, and minor roads, following a significant increase in government subvention to municipalities from $18 million to $50 million this year. Speaking with the media earlier this week, Mayor Dave Budhu said that […]

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BUSINESS

Mitra Ramkumar elected back as President of THAG

June 27, 2025 Editor

Read the full press release by the Tourism and Hospitality Association of Guyana (THAG): The Tourism and Hospitality Association of Guyana (THAG) successfully concluded its 32nd Annual General Meeting (AGM) on June 27, 2025, at the Herdmanston Lodge Hotel. At the AGM, Mr. Mitra Ramkumar, Finance Director of the Roraima Group of Companies, was elected […]

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BUSINESS

“Growth over handouts” – PSC Chair praises government’s development strategy

June 26, 2025 Editor

The Chairman of the Private Sector Commission (PSC), Captain Gerry Gouveia Jr., says Guyana is on track for long-term transformation, not solely because of oil wealth, but because of the country’s deliberate shift toward opportunity-driven growth over handouts. Speaking in a recent interview with The El Dorado Beacon, Gouveia praised the Ali administration’s focus on […]

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BUSINESS

New copyright study spurs call for reform to support Guyanese creators

June 26, 2025 Editor

A recent copyright study has sparked calls for urgent reform of Guyana’s outdated copyright laws, aiming to better protect local creatives and strengthen the country’s cultural economy. The findings were presented at a forum hosted by the World Trade Centre Georgetown (WTCG), highlighting critical gaps in the existing system that have left many creators vulnerable […]

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BUSINESS

Finance Minister urges job seekers to embrace construction sector opportunities

June 22, 2025 Editor

Senior Finance Minister Dr. Ashni Singh is urging job seekers to broaden their outlook and consider jobs in the construction and technical trades, which he says continue to offer steady employment and competitive wages amid Guyana’s expanding infrastructure sector. Speaking during the recent Tain Campus Job Fair, Dr. Singh addressed recent graduates and members of […]

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BUSINESS

‘Critic’ out, Gaico in: New contractor takes over Belle Vue Pump station project

June 22, 2025 Editor

The $865 million Belle Vue pump station project, long mired in controversy, is now being steered by Gaico Engineering under a subcontracting arrangement, though the original contract remains unchanged. The project was initially awarded in 2022 to Tepui Group Inc., a firm with no prior experience in major civil works and headed by Mikhail Rodrigues, […]

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BUSINESS

Buddy’s to break ground on US$25M shoreline Mall in Enmore

June 22, 2025 Editor

Buddy’s Housing Development has announced a US$25 million investment in Shoreline Mall, a sprawling new commercial and lifestyle centre set to redefine shopping and leisure on the East Coast of Demerara (ECD). Read the full press release issued by Buddy’s Housing Development: Buddy’s Housing Development is pleased to announce a US$25 million investment to its […]

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