The Tourism, Industry and Commerce Ministry is opposing what it described as arbitrary increases in airfare ticket prices by Caribbean Airlines (CAL), accusing the regional carrier of attempting to rake in profits owing to the high demand in the Guyana market. Acting Tourism, Industry, and Commerce Minister Irfaan Ali lamented, in a statement, the airline’s high fares. He made reference to the 50-minute flight to Trinidad and Tobago that costs US$ 425. “We are well acquainted with the fact that the Trinidad market is not required to pay the increases…
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Excitement building as CPL showdown draws near – NEW GPC/ Limacol acquires Guyana franchise
With just over seven weeks to go until the inaugural Caribbean Premier League bowls off, CPL Limited has announced the signing of its first franchise agreement on behalf of Guyana. The franchisee is well-known Guyanese businessman Dr Ranjisinghi “Bobby” Ramroop, owner of the New Guyana Pharmaceutical Corporation Inc (NEW GPC INC). The final agreement with Dr Ramroop was signed just on Monday in Guyana with CPL officials. This announcement comes hot on the heels of the recent selection of the new franchise-based teams that took place on Wednesday, June 5…
Read MoreJagdeo urges new global pact with incentives to fight climate change
Former President Bharrat Jagdeo continued his global campaign to fight climate change, telling a high-level Canadian audience Monday evening that fixing the energy mix, decarbonising sectors and charting a different pathway to development through a new global agreement with incentives and strong regulations, is the way to go. He was at the time one of several panelists at a Trent Centre for Biomaterials Research event titled “The Carbon Conversations: Charting a Sustainable Future”. The discussion series, now in its second year, addresses the core of the planet’s crisis – carbon…
Read MoreGlobal Hardware’s PPR-C pipes enter Jamaican market
Global Hardware Inc (GHI) of Guyana and Patrick Commodities Limited (PCL) of Jamaica have joined forces to introduce the ‘eZee-flow’ Polypropylene Random Copolymer (PPR-C) and High Density Polyethylene (HDPE) pipes and fittings to the Jamaican market. GHI is a member of the Queens Atlantic Investment Inc (QAII) group of companies. Following incorporation in 2007, the company became the first manufacturer of PPR-C pipes and fittings in Guyana, with an innovative brand eZee-flow – a line of products that was the first here and in the Caribbean. The launching ceremony, followed…
Read MoreGovernment turns to Linden Highway for massive housing development
The Housing and Water Ministry’s fourth International Building Expo was launched last Friday evening, with the full backing of the private sector and other citizens. The opening event, which was attended by stakeholders of the business community and government, got underway at the Princess International Hotel, Providence, East Bank Demerara. Giving the feature address at the launching of Building Expo 2013, Housing Minister Irfaan Ali said this year’s event is not just another exposition of what Guyana has to offer in the construction sector, but will highlight the ministry’s aim…
Read MoreFly Jamaica gets approval to operate Guyana – NY, Toronto routes
The government of Guyana has granted its approval for Fly Jamaica to operate the Georgetown/ New York and the Georgetown/ Toronto routes from Guyana. Head of the Presidential Secretariat (HPS) and Cabinet Secretary Dr Roger Luncheon, addressing reporters at his weekly post-Cabinet media briefing at the Office of the President on Wednesday, said the airline has welcomed the decision by Guyana. Dr Luncheon stated that the approval came after the standard evaluative procedures were carried out by the Guyana Civil Aviation Authority (GCAA), and the recommendations made to Cabinet by…
Read MoreGuyana is ripe for investment
– Minister Ali tells Florida forum Scores of business executives, investors, and other trade officials converged in Miami, Florida to be part of the Caribbean Trade Centre’s “Invest Guyana” Forum held last Thursday, with acting Tourism, Industry, and Commerce Minister Irfaan Ali telling them that Guyana is ripe with countless investment and unexplored market opportunities. Ali, who was the feature speaker at the event, explained that Guyana remains one of the strongest economies in the Caribbean and Latin America, boasting on average a 4.5 per cent annual growth rate between…
Read MoreGuyana’s progress on gender equality hailed
Guyana has earned favourable reviews by the United Nations and developed countries around the world for its work in the area of advocating gender equality among its citizenry. The nation has been ranked high among the first 20 countries to attain positive feedback from international and long-established organisations, fighting feverishly for gender equality. This is according to Women and Gender Equality Commission (WGEC) Chairperson Indra Chandarpal. She recalled her time as human services and social security minister, and pointed out that when Guyana had to present its report at the…
Read MoreGeorgetown-Lethem road closer to reality
Detailed proposals of the long awaited road construction project from Georgetown to Lethem are to be unveiled by June, Presidential Adviser on Governance Gail Teixeira told Region Nine residents. She made the announcement on the eve of Guyana’s 47th Independence anniversary at the St Ignatius benab, following a cultural presentation ahead of the hoisting of the Golden Arrowhead at midnight. “There are two major teams now between Guyana and Brazil, and Venezuela that have been meeting over the last few months… for the development of the road from Brazil to…
Read MoreGuyana investment seminar slated for June 27
Guyana will be host to an investment seminar on June 27 titled “Maximising Investments and Opportunities in Guyana”, Head of the Presidential Secretariat Dr. Roger Luncheon announced on Wednesday. It is coming at a time when the country is making significant achievements in foreign direct investments, owing to a favourable economic environment that prevailed even throughout the global and financial crisis. The government has been saying that such achievements were influenced by a policy position to liberalise the economy, maintain exchange rate stability, low inflation rates, a manageable debt to…
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