Latin America, Caribbean will see sharp growth reduction for 2020-IDB

As a result of the novel coronavirus, the Inter-American Development Bank (IDB) has predicted that Latin America and the Caribbean will see sharp growth...

EU providing US$8.6M to help Caribbean fight COVID-19

The European Union (EU) is providing a grant of €8M (US$8.6M) to help the Caribbean fight the coronavirus outbreak. The funds will be used to...

IDB pledges US$12B to help Guyana, other Caribbean countries’ COVID-19 efforts

The Inter-American Development Bank (IDB) is implementing several measures to help the governments of Guyana, Bahamas, Barbados, Jamaica, Suriname, Trinidad and Tobago, and many...

Gov’t eyes former Ocean View Hotel, GBC building to be use as dedicated COVID-19...

The Government of Guyana (GOG), through its National COVID-19 Task Force (NCTF) has plans to modify the building that once housed the Ocean View...

Central Bank recommends deferred loan payments, other relief measures as country grapples with effects...

In an effort to help individuals and businesses grapple with the effects of the Coronavirus outbreak, Central Bank is strongly encouraging commercial banks and...

Local and overseas-based Guyanese pour over US$600M in investment projects – NICIL

Guyanese at home and abroad have invested some US$600M in projects in the past year according to official National Industrial and Commercial Investments Limited...

NICIL garners US$1.1B in investment value for 2020 – Board

The National Industrial and Commercial Investments Limited (NICIL) was able to mobilise US$1.1B in investments for 2020, the Board of Directors (BOD) reported today....

Petroleum revenues, free tertiary education will reverse “brain drain” – President

The President of Guyana, David Granger said that revenues from the petroleum sector along with free tertiary education will allow for a“brain gain” rather...

Presidential hopeful, Robert Badal among several under investigation by GRA

Proprietor of Pegasus Hotel, Robert Badal, who is hopeful of becoming Guyana’s next Executive President, is actively being investigated by the Guyana Revenue Authority...

Guyana’s residential real estate prices have been rising following oil discovery in 2015-IMF

The International Monetary Fund (IMF) has noted in one of its most recent analysis that Guyana’s residential real estate prices have been rising, particularly...

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