Govt. tables bill for regulation of electronic communications and transactions

The Electronic Communications and Transactions Bill of 2023 was read for the first time in the National Assembly on Thursday, by Minister of Tourism,...

Dr. Gampat misrepresented World Bank’s Statistical Capacity Index

Dear Editor, It was not my intention to engage Dr. Ramesh Gampat in a debate out of pure respect for his outstanding scholarship and contribution...

Value of Guyana’s Natural Resource Fund increases to $359B, earns $4.1B profit at second...

Guyana’s Natural Resource Fund was valued at $359.3B or US$1.7B at the end June 2023, a Central Bank report stated. According to the operational...

Dura Block is now one of four block-making companies certified by GNBS

With the ongoing construction boom in Guyana, it is crucial for suppliers of building materials to keep pace with ever-growing infrastructural needs. Consequently, some suppliers...

Guyana’s oil account received $91.5B in profit oil and royalties during 2023 second quarter...

Guyana’s Natural Resource Fund (NRF) received a jaw-dropping $91.5B (US$438.95M) in oil revenues during the second quarter of 2023. According to the (NRF) report...

Foreign currency transactions increased by whopping US$3.5B during first quarter

Bank of Guyana recently disclosed that foreign currency transactions saw a 27.0 percent jump during the first quarter of 2023. This represents US$3.5B worth...

CDB to invest USD1.8M in region’s creative sector

The Caribbean Development Bank (CDB) has committed US$1.8 Million to support the development of the region’s creative industries. The bank’s Board recently approved the...

Central Bank registers 59% increase in use of Mobile Money accounts

Bank of Guyana in one of its latest reports, said there was a 59.2 percent increase in the number of Mobile Money accounts at...

Businessman Anthony Vieira hopes to set up US$1.4M sand quarry

Former Vice Chair of the Guyana Sugar Corporation (GuySuCo), Anthony Vieira, has applied to the Environmental Protection Agency (EPA) to move ahead with an...

GYSBI launches scholarships to support technical studies across Guyana

Guyana Shore Base Inc. (GYSBI), the country’s premier onshore support facility servicing the oil and gas industry, announced on Tuesday, the launch of its...

Recent Updates