Banks’ profit soars to $2.5B; secures sole distributor licence for Johnny Walker, Ciroc Vodka
Guyana’s brewing giant, Banks DIH Limited, delivered an outstanding performance at half year as its profits soared beyond $2B.
Financial statements published by the company...
Guyanese Accountant to open Merchant Bank for mega-projects in oil industry, other sectors ...
Guyanese Business Professor and Financial Analyst, Floyd Haynes is expected to officially launch the New Hayven Merchant Bank (NHMB) at Lot 304 Church Street...
Sod turned for US$190M Linden to Mabura Road
The Government of Guyana and a Brazilian contractor, Construtora Queiroz Galvao S.A., on Friday inked a contract for the construction of the Linden to...
Guyana’s oil earnings climb to $154B
From January 2020 to April, 2022, Guyana has earned a whopping US$741M or GY$154B from the production and sale of its oil resources. According...
Govt. to abolish Stamp Duty on retail transactions
Revenue stamps being required on retail transaction receipts will be abolished in a matter of days as Senior Finance Minister Dr. Ashni Singh successfully...
Guyana to benefit from US$60M IDB loan to strengthen health care network
The Inter-American Development Bank (IDB) is in the final stages of preparing a US$60M loan facility that will assist Guyana in strengthening its health...
Sustainable Development Goals in peril due to overseas aid cuts – UN Cheif warns
Recent deep cuts to overseas aid budgets by governments will have “direct, negative impacts” on the ability of the world to reach the 2030...
ANUG slams govt’s failure to address rising cost of living; says poor people cannot...
A New and United Guyana (ANUG) on Sunday evening slammed the government for its failure to provide measures that would ease the financial burden...
US$20M World Bank Loan on pause; Govt. has no need for it now- Dr....
Vice-President, Dr. Bharrat Jagdeo has confirmed that the US$20M World Bank loan taken in 2019 by the Granger administration to strengthen the country’s capacity...
No more VAT on cement
Senior Minister within the Office of the President with responsibility for Finance, Dr Ashni Singh has announced the removal of Value Added Tax (VAT)...
