$100M hotel resort planned for Linden-Soesdyke Highway

Residents along the East Bank Demerara (EBD), as well as those traversing the Soesdyke/Linden highway and its surrounding areas are set to benefit from...

Investor group to sink US$25M into new Friendship Port facility

A group of investors under the umbrella of Diamond Property Management, Inc. (DPM) and doing business as Diamond Shorebase Inc (DSB), has purchased 6...

E-Networks reduces costs for DreamTV Wireless Service, increases internet speed to support customers during...

In an effort to ease some of the financial burden being experienced by Guyanese during the COVID-19 pandemic, E-Networks Inc., Guyana’s leading TV service...

Local Group inks major deal to bring turquoise waters and beach life to Guyana

Monarch Group, a local real estate development company, announced on Monday that it has signed an exclusive master franchise agreement with Crystal Lagoons, the...

BREAKING : CGX , Frontera hit 71 Ft. of economically viable oil at Wei-1...

CGX Energy Inc. announced this morning that it successfully reached 71 feet of net pay oil at the Wei-1 well. “Net Pay" is defined...

Three Guyanese pals join efforts to launch new beer called, “A Cold One”

While the local beer market may be dominated by two major companies, Banks DIH and Ansa McAL, this has certainly not deterred three Guyanese...

Truck operators bemoan increase in sand prices at the pits

Sand-truck operators are complaining about the imminent increase in the price for sand at the various pits located along the Soesdyke/Linden Highway. Several truck operators...

ExxonMobil seeking local suppliers of drone services to capture Wales gas project

ExxonMobil Guyana Limited (EMGL), the operator of the Stabroek block offshore Guyana, recently issued a Request for Information (RFI) in search of a supplier...

Local consortium acquires stake in offshore catering services provider, Newrest Guyana

A consortium of local catering and food service operators, Guyanese Achieving Together Enterprises (GATE), has achieved a significant milestone by acquiring a substantial equity...

Banks DIH profit soars by $830M at half year

Chairman and Managing Director of Banks DIH, Clifford Reis, was pleased to announce recently that the firm’s operating and financial results for the first...

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