Guyana can end up repaying oil companies for unnecessary costs in absence of Expense...

Every Production Sharing Contract (PSC) ought to have an expense policy; a clear set of provisions that state what can be charged in the...

GRA launches probe into transfer pricing in manufacturing sector

The Guyana Revenue Authority (GRA) has launched a full scale investigation into rampant transfer pricing activities in the local manufacturing sector. GRA Commissioner General, Godfrey...

ExxonMobil been giving Guyana money to build capacity since 1999, but nation still in...

For well over a decade, Guyana received yearly sums from oil giant, ExxonMobil for the purpose of capacity building. But from all indications the...

Intoxicated fisherman nabbed after slitting coworker’s throat

Police arrested a 45-year- old fisherman, who reportedly slit his colleague’s throat on Thursday afternoon (May 17, 2018). The incident occurred shortly after 13:00 hrs...

Gold Board uses Pure Diamond Lab to burn mercury off gold

The Guyana Gold Board is currently using the laboratory facilities of Pure Diamond to burn the amalgam off the gold that has been sold...

Govt.’s blurred vision for oil proceeds can land Guyana in tailspin

Governments of frontier oil countries are often faced with the burning desire to “do it all.” They frequently rush to put measures in place...

Region 4 is the TIP capital of Guyana

The notion that the Trafficking In Person (TIP) scourge is mostly perpetuated against the people of far flung areas, especially indigenous communities, has been...

Draft Local Content Policy requires consultation on procurement, employment targets

The second draft of Guyana’s Local Content Policy has finally been for the public’s perusal. Minister of Business, Dominic Gaskin has given Guyana Standard his...

Basil Williams should be charged with Misconduct in Public Office

Former Attorney General, Anil Nandlall has opined that his successor, Basil Williams should be charged with, Misconduct in Public Office. “Attorney General, Mr. Basil Williams,...

Shop owner, family tied and beaten during robbery

A 38-year-old shop owner, her husband and 19-year-old son were tied and beaten around 02:30 hrs this morning (May 16, 2018) after three gun-toting...

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