Tag Archives: Guyana Business

The Umana Yana product display: Same old, same old!

Even as micro and small businesses drawn predominantly from the agro-processing, handicraft, fashion, and light manufacturing sectors, express appreciation for the recent product display staged by the Guyana Manufacturing & Services Association (GMSA) to coincide with the last week’s high profile oil & gas forum hosted by the Government of Guyana, participants continue to be […]

Coconuts only – Stabroek News

We first met Vishnu Ramdeen back in 2016 at the Arthur Chung Convention Centre during the staging of Guyana’s first ever Coconut Festival. The Festival had been staged primarily to help broaden the base of local education regarding the use of   coconuts and particularly about health and nutritional value. At that time, too, feedback from […]

Suriname’s Santoki outlines vision for envisaged South America’s emerging petro power

The fact that Guyana has been ‘out of the blocks’ first in terms of the laying down a definitive ‘marker’ underlining South America’s newly found clout as an oil ‘power,’ all of the portents including those that rely on dependable industry analyses suggest that Suriname is not too far behind. Talks between presidents Irfaan Ali […]

Guyana now a global player in the oil and gas industry: Mottley

Fresh from her recent visit to Guyana to attend Guyana’s high-profile international oil and gas conference, Barbados Prime Minister Mia Mottley earlier this week provided the media in Barbados with a fulsome briefing on her visit, asserting in her assessment of the visit that the discovery and subsequent recovery of oil offshore Guyana had now […]

Product displays must become profitable entrepreneurial pursuits

If it would be churlish not to acknowledge the limited exposure afforded small businesses in the agro-processing, food processing, art and craft and other sub-sectors that fall under the umbrella of what are loosely termed micro and small businesses, it would also be misleading to provide a sort of one-swallow-makes-a-summer assessment to the one-off Duty […]

Private Sector Commission backs removal of COVID-19 curfew

Unsurprisingly, a number of private sector bodies, including the country’s leading Business Support Organizations (BSOs), last week backed the government’s decision to lift the national curfew put in place following the 2020 outbreak of the COVID-19 pandemic, though whether or not they are prepared stand behind the strictures that are likely to remain in order […]

Venezuela’s oil industry: Is the worm turning?

With Venezuela’s once powerful oil industry now badly fractured largely on account of United States sanctions imposed on the administration of President Nicolas Maduro, Caracas would appear to be looking to China to help restore the industry to global prominence in the shortest possible time.  The South American nation depends almost exclusively on its oil […]

Exxon commences oil recovery from Guyana’s second offshore development

Rigzone, the international online resource for news on the oil & gas industry reported earlier this week that ExxonMobil has commenced oil recovery from Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, a development which it says now brings the country’s overall production capacity to upwards of 340,000 barrels per day, […]

Food security again ‘drops in’ on regional agenda

Against the backdrop of numerous un-kept promises by Caribbean Community (CARICOM) Heads of Government to ‘put heads together’ to come up with strategies to reduce extra-regional food imports and to move closer to a condition of regional food security, the region as a whole has witnessed an inexorable climb in its food import bill, a […]

Stena Carron Falcon Logistics give to Ptolemy Reid Rehab Centre

Falcon Logistics and Stena Carron Drilling Ltd, on Friday February 14, reaffirmed their commitment to the Ptolemy Reid Rehabilitation Centre (PRRC) through a joint monetary donation of G$8.3 million to the organization. The partnership between the two companies and the local institution commenced in 2019 and to date the Centre has been the recipient of […]