Guyana to build local capacity for oil marketing, says President Ali

President Dr. Mohamed Irfaan Ali on Thursday pledged to strengthen Guyana’s ability to market its rapidly growing oil output, announcing plans to work with local businesses and international partners to develop the expertise needed to trade its...

‘There is no crisis in foreign currency market’

–Dr. Jagdeo says as gov’t pledges to crackdown on abuse of foreign currency –assures that FOREX rules will not affect small, local businesses GUYANA is in a strong position to meet the surging demand for foreign currency, Vice-President, Dr...

Financial reforms, expansion of FinTech, modern banking sector on the cards -VP Jagdeo says

GUYANA’S financial sector will see sweeping reforms as the Government of Guyana is moving to modernise the sector, expand financial technology (FinTech), and overall roll out major banking reforms. Vice-President Dr. Bharrat Jagdeo, during a press...

18 Guyanese receive scholarships for medical studies in Cuba

The Ministry of Public Service, Government Efficiency and Implementation recently hosted the Orientation and Award Ceremony for the 2025 batch of Cuba scholarship recipients. Guyana and Cuba have maintained 53 years of formal diplomatic relations,...

‘Guyana not chasing short-term gains’

–Gov’t to work with local private sector, international partners to trade crude oil, President Ali says PRESIDENT Dr. Irfaan Ali has announced plans for Guyana to build its capacity in trading crude oil, through strategic partnerships that will...

Modernisation of stock market could unlock ‘idle’ capital – Economist

Economist Richard Rambarran has commended the government for its plans to modernise the country’s financial sector, describing the initiative as a significant step toward driving economic growth. Those plans, which include a significant focus on...

Vice president dismisses talk of forex crisis in Guyana

Vice President Dr. Bharrat Jagdeo has rejected claims that Guyana is facing a foreign exchange crisis, insisting that the country’s reserves and inflows remain robust. He attributed the recent spike in demand for U.S. dollars to heavy borrowing by...

Big Man Cricket bowls off this weekend in Guyana

Big Man Cricket (BMC) is thrilled to announce that it has secured the generous sponsorship of well-known benefactors Peter Lewis and Ravi Mangali, leaders of their respective businesses, Peter Lewis Contracting and Asphalting Services, and Permaul...

Guyanese superintendent in Iowa charged over firearm, claims of fake qualifications rise

Former Des Moines Public Schools Superintendent Ian Roberts has been charged with possessing a firearm as an “illegal alien,” federal prosecutors say, according to the Des Moines Register and several educational institutions have denied that he...

Businesses encouraged to attract, connect, expand at GuyExpo 2025

PRESIDENT of the Georgetown Chamber of Commerce and Industry (GCCI), Kathy Smith, during Monday’s launch of GuyExpo 2025 encouraged Guyanese entrepreneurs to ACE (Attract Connect Expand) at highly anticipated annual event. Smith said that she is...

PM Phillips underscores Guyana’s leadership in clean-energy transition

-tells OLADE that country remains dedicated to achieving low-carbon economy PRIME Minister, Brigadier (Ret’d) the Honourable Mark Phillips, on Thursday outlined Guyana’s actions and achievements under its Low Carbon Development Strategy (LCDS)...

Linden trade unionist slams WIN’s attempt to take credit for recent BOSAI pay deal

-says incoming opposition leader did not contribute in any way THE We Invest in Nationhood (WIN) party is once again facing criticism for its political opportunism, and this time, Linden trade unionist and NAACIE representative Lorenzo Joseph...

Banks welcome tightening up to detect duplication of foreign currency requests

Commercial banks have welcomed new measures shared by President Irfaan Ali to address duplication of invoices and other practices they say have placed pressure on the foreign currency market. The issue surfaced during an engagement on Tuesday,...

Guyana must end this masquerade

THE Guyana Government has indicated that the Private Sector Commission (PSC), as a civil society (CS) body, will be asked to be involved in identifying civil society’s representatives on the Multi-Stakeholder Group (MSG) of the Guyana Extractive...

Measures announced by the President will do nothing to ease the pressure on the Guyana dollar

Dear Editor, I write with reference to the news that the government has injected US$1.2B in the foreign exchange market for the year thus far. This is an astounding amount since interventions were zero in 2020. They rose to US$323M in 2024 and...

Strengthen economic fundamentals to foster sustainable US dollar inflows

Dear Editor, I am writing in response to your recent article, “Gov’t tightening up on foreign exchange access.” While efforts to stabilize the economy are understandable, direct intervention in the foreign exchange market carries significant risks...

President’s zero interest National Development Bank to get US$200m seed funding

Bharrat Jagdeo The zero interest National Development Bank announced by President Irfaan Ali during the election campaign which targets expansion and development of small- and medium-sized enterprises (SMEs) here will see US$200 million in seed...

Zero-interest development bank to be fully operational by end of 2026 —VP Jagdeo

ACCESS to funding for young entrepreneurs, women, and small business owners in Guyana could soon become easier as the government is moving to set up the zero- interest development bank. This was announced by Vice-President Dr. Bharrat Jagdeo on...

GUYANA-ENERGY-Government wants to market its own crude oil

Wendy's opens in Guyana, customer service to begin on Monday

Guyana: Renowned American Fast Food Restaurant Chain, Wendy’s has officially opened its first store in Guyana tomorrow. This is Wendy’s third Caribbean destination after Jamaica and Trinidad and Tobago and 13th store across the region. The ribbons...