Govt. launches new bio-fortified to boost Guyana’s rice sector in 2024

For the first crop of 2024, farmers will have the opportunity to cultivate the G18-113 bio-fortified rice variety which was unveiled during the recently...

Getting ripe for the picking! – Guyana works to boost cherry production

The West Indian Cherry (Acerola) is a beloved and popular fruit that many have enjoyed for years in its raw form or in fresh...

Phasing out future developments in the oil sector versus maintaining the momentum

Summary Any attempt to gradually phase out new developments will cause the momentum in the industry to be disrupted at the expense of slowing down...

Guyana’s flawed systems hampering production of accurate reports on revenues received from extractive sectors...

The Extractive Industries Transparency Initiative (EITI), a global body that promotes accountability in the exploitation of natural resources, has urged Guyana to reform systems...

Mechanisms needed to regulate how Cubans trade in Guyana –GCCI

The increased presence of Cubans in Guyana has certainly had a noticeable impact on the profitability of some businesses. While the Georgetown Chamber of Commerce and Industry (GCCI) is pleased...

Central Bank blocks Republic Bank’s acquisition of Scotia branches

After months of due diligence, Bank of Guyana has come to the conclusion that permitting Republic Bank’s acquisition of Scotia Bank's operations would not...

Guyana barrels help ExxonMobil bank US$9.1B profit in third quarter

ExxonMobil Corporation, the American multinational and operator of Guyana’s Stabroek Block, today announced its profits for the third quarter of 2023, totalling US$9.1 billion,...

Fiscal incentives will be reduced when gas-to-energy project starts up-Pres. Ali warns private sector

Once the gas-to-energy project starts up by year end and fulfills its mandate of slashing electricity costs by 50 percent, some of the generous...

Guyana oil blocks auction postponed again

The government has once again decided to postpone Guyana's inaugural auction, the 2022 Licensing Round. Vice President, Dr. Bharrat Jagdeo made this announcement during...

Int’l partners reaffirm commitment to Guyana’s Agri. Sector

Guyana continues to receive support from international partners to foster its agriculture drive as it seeks to become food secure and help lessen the...

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