Business Archives

April 3, 2025

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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. […]

April 1, 2025

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Guyana is currently engaging several international agro-processors as it prepares for the next phase of development, known as “the manufacturing wave,” which is set to take off with reduced electricity costs. Chief Investment Officer and Agency Head of the Guyana Office for Investment (Go-Invest), Dr. Peter Ramsaroop told Ignite News that increased focus is being […]

March 8, 2025

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The Private Sector Commission (PSC) has maintained that unemployment in Guyana is largely voluntary, given the abundance of economic activities that create opportunities and jobs for everyone. The PSC shared this view during a recent meeting with Lusine Lusinyan, Deputy Division Chief of the Western Hemisphere Department of the International Monetary Fund (IMF), and her […]

March 7, 2025

Guyana’s economy is set to grow by an average of 14 per cent per year over the next five years, driven by strong oil production and an expanding non-oil sector, the International Monetary Fund (IMF) said. In its latest assessment, the IMF projected that non-oil GDP would expand by about 6.75 per cent annually. While […]

March 5, 2025

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Guyana is expected to experience significant growth in business, investment, and tourism as KLM Royal Dutch Airlines enhances connectivity between Guyana, Asia, and the Middle East. KLM is set to commence flights to Guyana in June. Director General of the Guyana Civil Aviation Authority (GCAA), Capt. Egbert Field, told Ignite News today that the airline […]

March 3, 2025

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Women in business and entrepreneurship will have the opportunity to gain valuable insights, connect with industry leaders, and explore opportunities to scale their businesses at the HerVenture Summit and Expo on March 8—International Women’s Day. The event, scheduled to take place at the Theatre Guild in Georgetown, will bring together women to explore opportunities in […]

February 21, 2025

Guyana is showcasing its growing economic diversification and agricultural potential at Agro Fest 2025, underscoring its commitment to regional food security and private-sector-driven development. The country’s participation in the event, which runs from February 21–23 in Bridgetown, aligns with President Dr. Irfaan Ali’s Vision 2030 plan, positioning Guyana as a key player in reducing CARICOM’s […]

February 21, 2025

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Royal International Hotel and Restaurant today officially opened its doors, marking the newest addition to the country’s growing hospitality sector. Prime Minister Brigadier Mark Phillips, Minister of Tourism, Industry and Commerce Oneidge Waldron, and Manager and Director Jason Wang had the honour of cutting the ribbon to the luxurious 200-room facility. Wong told the gathering […]

February 11, 2025

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As Guyana’s dynamic and rapidly expanding economy continues to grow through the oil and gas sector, key players are maximising opportunities made available through the Local Content Secretariat. The Local Content Policy (LCP) aims to create inclusive opportunities for Guyanese to become more involved in and benefit directly from the sector. Guyanese nationals and companies […]

February 5, 2025

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Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr Ashni Singh presented the $1.382 trillion budget on January 17, under the theme ‘A Secure, Prosperous and Sustainable Guyana.’ It is 20.6 per cent larger than last year’s fiscal framework, which was $1.146 trillion, and is financed […]

Tag: Business

Small investors to benefit from O&G sector

Guyana preparing for ‘Manufacturing Wave’

PSC: Unemployment is largely voluntary

IMF: Guyana’s economy projected to grow at 14 per cent over next five years

Investment Chief: KLM will enhance growth in business, investment and tourism

Women-led businesses, entrepreneurs to benefit from HerVenture Summit and Expo

Guyanese businesses seek new partnerships, expanded market access at Agro Fest Barbados

Royal International Hotel opens, elevating Guyana’s hospitality landscape

Guyanese entrepreneurs tapping into oil boom

House approves $1.382 trillion budget

Electric vehicle imports near 900 as Guyana expands charging network

Regent Street bustles with last-minute back-to-school shopping

Alert homeowner's cameras lead to arrests of masked bandits, firearm seizures

Electric vehicle imports near 900 as Guyana expands charging network

Regent Street bustles with last-minute back-to-school shopping

Alert homeowner’s cameras lead to arrests of masked bandits, firearm seizures