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From the Blog

Guyana to tap into bilateral cooperation with int’l partners

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 done at the Ministry of the Presidency on Wednesday. Finnish Ambassador to Guyana, Pertti Ikonen Irish Ambassador to Guyana, Seán Hoy Kuwaiti Ambassador to Guyana, […]

Guyana looks for link with Kuwait in oil and gas

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 bilateral cooperation between our countries will be enhanced in the years ahead and that your tenure will contribute to continuing cooperation and initiate new areas […]

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

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 in total, a list of over 700 pre-approved equipment and supplies that they can import without hassle. Considering this magnitude of imports, the Guyana Revenue […]

Paying bills on time will improve credit scores – GTT

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, the prompt payment of bills can be done by way of the MMG platform which is facilitated by Mobile Money Guyana (MMG) and paying on […]

Massy opens new mega store at MovieTowne

Massy opens new mega store at MovieTowne

(NEWS ROOM) The second Massy Store opened its doors on Wednesday at the MovieTowne Complex at Turkeyen, Greater Georgetown and the Minister of Finance Winston Jordan has urged that local products are not excluded from the shelves of the new store. “I have been to several supermarkets and I have seen the contempt with which […]

GCCI Newsletter – August 2019

GCCI Newsletter – August 2019

Welcome to the third issue of the GCCI’s Newsletter for the month of August, 2019. The newsletter, published monthly, provides news and information on the Chamber’s activities, services and the businesses we serve. The GCCI’s newsletter is emailed directly to Chamber members, available on our website, and on social media outlets. To view the current […]

$100M investment fund set up to support Guyana onshore O&G services

$100M investment fund set up to support Guyana onshore O&G services

(OIL NOW) A $100 million USD Investment Fund has been set up particularly for Guyana to boost the provision of its onshore services. The Guyana Office for Investment (GO-Invest) on Tuesday announced the development coming out of the Society of Petroleum Engineers (SPE) Offshore Europe Conference and Exhibition held in Aberdeen, Scotland from September 3-6. […]

Local content policy will not scare us – European investors tell Guyana’s contingent

Local content policy will not scare us – European investors tell Guyana’s contingent

(KAIETEUR NEWS) Despite recent assertions by US Ambassador and Co-Chair of American Chamber of Commerce (AmCham), Sarah-Ann Lynch, that recent advocacy for local content policy and legislation in Guyana could serve to create a situation that would scare away investors, European investors appear to be much more accommodating than their American counterparts (as portrayed by […]

Guyana’s growth rate revised upwards – CDB Country Economic Review Mid-Year Update 2019

Guyana’s growth rate revised upwards – CDB Country Economic Review Mid-Year Update 2019

Guyana’s growth rate revised upwards – CDB Country Economic Review Mid-Year Update 2019 The Caribbean Development Bank is making upward revisions to its 2019 forecasts for seven Borrowing Member Countries (BMCs) and Guyana is on the list. The CDB, in its Country Economic Review Mid-Year Update 2019, noted that in most cases, upward revisions reflect […]

PUC to hold public hearings on new GTT billing format

PUC to hold public hearings on new GTT billing format

(KAIETEUR NEWS) – The utilities regulator is set to hold a hearing Thursday on the new billing format used by the Guyana Telephone and Telegraph Company (GTT). GTT says it will be attending Thursday’s public hearings on its new format for customers’ bills but will only answer questions pertaining to that. The Public Utilities Commission […]