Business Archives

July 24, 2025

WhatsApp-Image-2025-07-24-at-3.28.35-PM.jpeg?fit=1200%2C675&quality=89&ssl=1

Wendy’s, the global quick-service restaurant (QSR) chain, will open its first outlet in Guyana in August 2025, the company said on Thursday, marking its entry into the South American market through a franchise agreement with WenKai Inc. The flagship restaurant, to be located on Vlissingen Road in Georgetown, will feature dine-in seating, drive-thru service, and […]

June 25, 2025

IMG-20250625-WA0235.jpg?fit=1040%2C694&quality=89&ssl=1

Guyana has reaffirmed Canada as a cherished partner in its development. President Dr. Irfaan Ali during brief remarks at a pre-Canada Day celebration event Tuesday lauded the strong partnership between the two countries as he highlighted new investment opportunities that seek to mutually benefit both nations. He said that Canada has contributed to the improvement […]

June 24, 2025

Gerald-Gouveia-Jr.jpeg?fit=798%2C523&quality=89&ssl=1

The Private Sector Commission (PSC) has lauded the government for refusing to build a society dependent on oil wealth distribution and instead providing various opportunities for people and businesses to develop. PSC Chairman, Captain Gerald Gouveia Jr, suggested during an interview with the El Dorado Beacon that a key takeaway from the expanding economy over […]

June 22, 2025

IMG-20250622-WA00151.jpg?fit=1200%2C854&quality=89&ssl=1

Lending to micro, small and medium-sized enterprises (MSMEs) in Guyana has more than tripled over the past five years, according to financial sector leaders, as more than 120 entrepreneurs gathered to explore financing strategies in the country’s evolving economy. The insight was shared during the third edition of the Georgetown Chamber of Commerce and Industry’s […]

June 17, 2025

Credit-Market-Forces-Africa.jpeg?fit=577%2C440&quality=89&ssl=1

Even if global oil prices plunge below US$50 per barrel, Guyana’s oil sector will remain in the black. That is according to financial analyst Joel Bhagwandin, who says the country’s low breakeven cost offers strong insulation in volatile markets. Speaking to Ignite News, Bhagwandin said while many global producers could face heavy losses if prices […]

June 5, 2025

WhatsApp-Image-2025-06-05-at-7.38.57-PM.jpeg?fit=850%2C665&quality=89&ssl=1

Business leaders and entrepreneurs should adopt a more grounded approach by conducting proper risk assessments and taking calculated risks, speakers said at a panel discussion held Wednesday as part of the University of Guyana’s “Money Week” activities. The event, titled Icon Conversations, was hosted in collaboration with the Jamaica Stock Exchange and featured local business […]

May 31, 2025

IMG-20250531-WA0017.jpg?fit=737%2C475&quality=89&ssl=1

Former President of Colombia, Iván Duque Márquez, has touted Guyana as the premier destination for business opportunities. He was at the time speaking at the official launch of the DROMINC Asphalt Plant, which opened on the Linden-Soesdyke Highway on Thursday. Duque emphasised that this is the first Colombian investment in Guyana, adding that it is […]

April 22, 2025

Visitors-at-the-Guyana-booth-at-the-expo.jpg?fit=1080%2C810&quality=89&ssl=1

Guyana is open for business and focussed on expanding its global footprint, said Guyana Chief Investment Officer and Agency Head of the Guyana Office for Investment, Dr Peter Ramsaroop. The Guyana Office for Investment, in collaboration with the Ministry of Tourism, Industry and Commerce, will lead a high-level private sector delegation to Expo 2025 in […]

April 8, 2025

IMG-20250408-WA0004.jpg?fit=1000%2C667&quality=89&ssl=1

President Dr Irfaan Ali has emphasised that Guyana is not barring international investment in the oil and gas sector, but rather creating an environment that encourages partnerships between local and international companies. At the same time, the government is ensuring that local businesses are not sidelined. He made these remarks while delivering the keynote address […]

April 3, 2025

IMG-20250403-WA0004.jpg?fit=960%2C587&quality=89&ssl=1

The government has identified three major businesses within the booming oil and gas sector for citizens to invest in and earn a guaranteed rate of return on their investments, Vice President Dr Bharrat Jagdeo announced today. These initiatives, he explained, will cater to the common man, with investment opportunities starting from as little as $50,000. […]

Tag: Business

First Wendy’s restaurant to open in August

Guyana makes pitch to Canadian investors

Upskilling aided business growth, citizens’ empowerment

Lending to micro, small and medium-sized enterprises tripled in past five years

Guyana’s oil sector strongly insulated from global price shocks, says analyst

Business leaders urge calculated risk-taking at ‘Money Week’ panel

Former Colombian President: Guyana is a premier business destination

Guyana is open for business, focussed on expanding global footprint

No sidelining of local businesses, affirms President

Small investors to benefit from O&G sector

AI to drive modern policing, security systems, says President Ali

Moore confident ahead of Independence Table Tennis Tournament

EKAA HRIM commits to paying off 37 Indian workers by May 27

AI to drive modern policing, security systems, says President Ali

Moore confident ahead of Independence Table Tennis Tournament

EKAA HRIM commits to paying off 37 Indian workers by May 27