Business Archives

July 29, 2025

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The Guyana Office for Investment (GO-Invest) and Procolombia, Colombia’s national investment and trade promotion agency, signed a memorandum of understanding (MoU) on Tuesday to strengthen bilateral trade and investment ties. The agreement establishes a framework for cooperation in investment promotion and private sector development, aimed at boosting cross-border commercial activity and expanding market access in […]

July 24, 2025

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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

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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

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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

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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

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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

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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

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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

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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

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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 […]

Tag: Business

Guyana, Colombia strengthens bilateral trade, investment ties

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

Power-hitting festival sets up blockbuster Essequibo final today

UNESCO calls for communities to remember the slave trade and its abolition

Canawaima Ferry Service Suspended Over Technical Issues

Power-hitting festival sets up blockbuster Essequibo final today

UNESCO calls for communities to remember the slave trade and its abolition

Canawaima Ferry Service Suspended Over Technical Issues