Category: Top Stories

Jamaican billionaire eyes investments in Guyana’s banking, agriculture sectors

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By Danielle Campbell-Lowe – Jamaican financial mogul, Michael Lee Chin said that the prospects of setting up business in Guyana are tremendous given the country’s fertile investor climate and its phenomenal growth potential. Wrapping up a two-day trip, the Canadian-based investor revealed that Guyana has now moved to a position of priority on the company’s radar due to its virgin nature and administrative openness and his group, Portland Holdings, is eager to find ways to enter the financial industry. Chin disclosed that although the central bank has not issued any…

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Guyanese-born, New York cop dies in accident

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According to NY Daily News, Patrick Prince, a Guyanese-born New York Police Department (NYPD) officer died after he lost control of his vehicle that slammed into a tree last Thursday. Relatives said that Prince was on his way home after ending his shift when the accident occurred in the early hours of the morning. He wanted to be a cop since he was a kid, but an NYPD officer’s dream-come-true ended Thursday, before his rookie year was up. Officer Prince, 22, died in a Brooklyn car crash while on his…

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“Let good sense prevail” – multi-stakeholders urge parliamentarians as budget debate heats up

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As parliamentarians continue debates on Budget 2013, on Wednesday President Donald Ramotar met civil society stakeholders to discuss the budget’s priorities and to garner their feedback. There was general consensus that this year’s budget is “a people’s budget”, “a consumers’ budget”, “one that addressed the vulnerable in society” and “one that can work”. Among those present were the Private Sector Commission (PSC), the Georgetown Chamber of Commerce and Industry (GCCI), religious organisations, trade unions, and members of the legal fraternity. Recommendations on several issues, that in the stakeholders’ perspectives need…

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Hundreds of U.S.-based Guyanese return home for Easter holidays

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On Monday, Guyana and the rest of the world celebrated the resurrection of Jesus Christ and to usher in this holy season, many Guyanese families in the diaspora returned home to be a part of a true Guyanese Easter celebrations. Guyana Times International caught up with Seon Bristol and his family, who expressed their excitement to be in Guyana, noting that they came back to have a blast. Some of them are visiting Guyana for the first time, while others are frequent visitors during this time of year. Bristol, the…

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Banks appointed NYPD’s new chief of department

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Police Commissioner Raymond W. Kelly announced on Wednesday the appointment of Philip Banks III as the NYPD’s new Chief of Department. The 26-year veteran of the force and its current Chief of Community Affairs will be officially installed as the Department’s highest ranking uniformed officer in promotion ceremonies at Police Headquarters. “Phil Banks has proven himself time and again to be as outstanding a field commander, adept in managing police personnel and operations, as he has a consummate builder of community relations whose robust School Safety and Juvenile Justice Divisions,…

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Former Norwegian minister exposes Kaieteur News’ lies – demands apology for grossly inaccurate article

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Former Norwegian Environment Minister Erik Solheim has written to Kaieteur News demanding an apology for a grossly inaccurate article published recently on the Guyana/Norway forest partnership pact. Solheim, who is currently the Development Assistance Committee president for the Organisation for Economic Cooperation and Development (OECD) was quoted in a letter to the newspaper, saying: “I have been grossly misrepresented in your article of March 21 on the Guyana-Norway climate and forest partnership. I have not made any statements along the lines you propose to ‘quote’ in this article. It is…

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Guyana’s private sector hails 2013 Budget – says will build on public-private partnership

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The performance of the Guyanese economy continues to vindicate government’s efforts over the years to diversify the country’s productive base, and reduce exposure to external and other shocks, Finance Minister Dr Ashni Singh said on Monday as he presented the 2013 National Budget. Several specific measures were highlighted in the budget including the following: • The current tax-free threshold for property tax on companies is Gy$1.5 million. From 2014, the new threshold will be Gy$10 million, as a result of which thousands of small businesses with net property below Gy$10…

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Suspect arrested after allegedly beating Guyanese man near Queens nightclub

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Police have made an arrest after an alleged beating near a Queens nightclub that left a 24-year-old man clinging to life. According to NY 1 news, the parents of Deosarran Ramdular have the difficult task of removing their 24-year-old son off of life support. “Very hard for me right now,” said Lillawatee Baboolall, Ramdular’s mother. “I can’t take it. It is too much pain for me.” Witnesses say a bouncer at the Moka Night Club in Queens, beat Ramdular until he was almost unrecognisable. “He has a broken jaw, a…

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Ramroop’s ownership of electronic media resulted from purchase of Tony Vieira’s VCT

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– Kaieteur News articles nothing but envy and malice, says CEO Queens Atlantic Investment Inc (QAII) Chief Executive Officer (CEO) Dr Ranjisinghi Ramroop has reacted sharply to the plethora of libelous articles spun by Kaieteur News in wake of the release by Prime Minister Samuel Hinds of information on ownership of television and radio broadcasting frequencies in Guyana. In bold front page headlines, the muckraking tabloid, recently censured by the Private Sector Commission and the Aircraft Owners Association of Guyana for similar statements about some of its executives, claimed that…

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