Category: Business News

business, gcci, oil and gas, south america, tullow| September 16, 2019| Post by: Georgetown Chamber of Commerce

Tullow makes second oil discovery in Guyana

(NEWS ROOM) Director of the Department of Energy, Dr. Mark Bynoe in the wee hours of Monday announced that UK-based company Tullow has successfully opened a new Upper Tertiary oil […]

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gcci, GSBYI, guyana, oil and gas, south america| September 14, 2019| Post by: Georgetown Chamber of Commerce

Over US$100M invested by oil services firm, Guyana Shore Base Inc.

(STABROEK NEWS) Almost years after being established, oil services company Guyana Shore Base Inc (GYSBI) has sunk over US$100 million ($20.8 billion) into its operations here and plans to invest […]

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gcci, guyana, local content, oil and gas, south america| September 14, 2019| Post by: Georgetown Chamber of Commerce

Numerous barriers hindering locals from supplying oil industry with goods, services – GCCI President

(KAIETEUR NEWS) – Whether it has to do with the cost of industry certification or issues with securing the right partnership, President of the Georgetown Chamber of Commerce and Industry […]

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gcci, gra, guyana, south america, tax| September 13, 2019| Post by: Georgetown Chamber of Commerce

Increased revenue due to improved administration not more taxes – GRA Boss

(KAIETEUR NEWS) – In 2016, revenue collection at the Guyana Revenue Authority (GRA) stood at $151,745,525,000. But since then, GRA has seen an over 12 percent growth rate with revenue […]

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September 13, 2019| Post by: Georgetown Chamber of Commerce

Over 100 local businesses benefit from Namilco’s baking seminar

(GUYANA CHRONICLE) – ONE hundred and thirty persons drawn from bakeries, fast food outlets, hotels and service providers as well as caterers from across Guyana benefitted from a one-day ‘Baking […]

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commercial banking, gcci, guyana, republic bank, scotiabank, south america| September 12, 2019| Post by: Georgetown Chamber of Commerce

Republic Bank/Scotiabank deal not yet approved

(NEWS ROOM) – The Bank of Guyana is still in the process of conducting its due diligence as it relates to the Republic Bank takeover of Scotiabank operations in Guyana […]

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bilateral cooperation| September 12, 2019| Post by: Georgetown Chamber of Commerce

Guyana to tap into bilateral cooperation with int’l partners

(GUYANA TIMES) Guyana is looking to tap into bilateral cooperation with international partners as it accredited new diplomats from three countries in order to strengthen ties. These accreditation ceremonies were […]

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business, gcci, guyana, international relations, investment, kuwait| September 12, 2019| Post by: Georgetown Chamber of Commerce

Guyana looks for link with Kuwait in oil and gas

(NEWS ROOM) – With the appointment of a new Ambassador of Kuwait, Guyana is looking for closer collaboration in several areas, including oil and gas. “I am confident that the […]

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exxon, gcci, gra, guyana, oil and gas, south america| September 12, 2019| Post by: Georgetown Chamber of Commerce

GRA beefs up capacity to monitor, audit concessions to Exxon and subcontractors

(KAIETEUR NEWS) Oil companies as well as their affiliated companies and subcontractors benefit from billions of dollars in tax concessions annually. In fact, the operators and their primary subcontractors have […]

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business, commerce, credit, gcci, gtt, guyana, south america| September 12, 2019| Post by: Georgetown Chamber of Commerce

Paying bills on time will improve credit scores – GTT

(KAIETEUR NEWS) – The Guyana Telephone and Telegraph Company (GTT), is pushing for more use of its mobile money app to help customers improve their credit score. According to GTT, […]

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