Development Archives

March 8, 2025

WhatsApp-Image-2025-03-08-at-21.02.00-e1741486478930.jpeg?fit=250%2C375&quality=89&ssl=1

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 3, 2025

One-of-the-road-projects-being-executed-in-Region-Six.jpg?fit=631%2C415&quality=89&ssl=1

The Ministry of Public Works has intensified efforts to ensure timely payments for ongoing infrastructure projects in Region Six. Regional officers and engineers have collaborated to identify contractors awaiting payments, prioritising those who have successfully completed key stages of their work. As a result, 143 contractors received their payments last Friday at the Regional Democratic […]

February 28, 2025

The_World_Bank_Group_53844804648-scaled.jpg?fit=1200%2C900&quality=89&ssl=1

The World Bank’s Board of Executive Directors has approved a new project valued at US$156 million to support Guyana in upgrading and rehabilitating the country’s road infrastructure. The Integrated Transport Corridors Project will focus on enhancing Guyana’s transport network in selected regions, ensuring it is better equipped to withstand natural hazards and provide safer, […]

February 22, 2025

Kwakwani-floor.jpg?fit=591%2C414&quality=89&ssl=1

For years, residents of the Waterfront, Lamp Island, and Jeep Landing communities in Kwakwani, Region 10, have suffered tremendously due to extreme flooding. In 2021, these communities experienced one of the most devastating floods, which saw entire homes inundated and livelihoods severely affected. While some residents have refused to relocate, others view the government’s recent […]

February 20, 2025

uran-Brothers-Assistant-HSE-manager-Jason-Carter-during-interview-with-Ignite-News-reporter-Kayleigh-Carter.jpg?fit=1200%2C675&quality=89&ssl=1

With just one tractor and trailer, Puran Brothers Limited has grown from humble beginnings since its founding in 1987 to become a significant player in Guyana’s oil and gas industry. Brothers Lakenauth and Taishnauth Puran started the company by pooling their resources to gradually invest in the necessary equipment and expand their business. Initially focused […]

February 20, 2025

The Georgetown Chamber of Commerce and Industry (GCCI) has commended the government on the timely passage of legislation that supports the growth of businesses, particularly in the area of capital generation. In a public statement on Tuesday, the GCCI lauded the government for its “bold and timely” legislative initiatives, which, among other things, support businesses […]

February 19, 2025

Sir-Paul-Collier-Professor-of-Economics-and-Public-Policy-at-Oxford-University.jpg?fit=1200%2C800&quality=89&ssl=1

Distinguished Professor of Economics and Public Policy, Sir Paul Collier has supported the Guyana government’s insistence on using oil revenue to develop “durable assets” that complement the country’s shift toward a developed economy. The Professor at the Blavatnik School of Government at the University of Oxford was at the time explaining how Guyana could sensibly […]

February 19, 2025

President-of-the-Dominican-Republic-Luis-Abinader-with-President-Dr.-Mohamed-Irfaan-Ali.jpg?fit=988%2C546&quality=89&ssl=1

President of the Dominican Republic, Luis Abinader, has announced his country’s readiness to finalise petroleum exploration agreements with the Government of Guyana as part of the Memorandum of Understanding (MoU) signed between the two nations in 2023. The Latin American leader made this announcement during his keynote address at the opening of the 4th edition […]

February 19, 2025

President-Ali-speaks-at-the-opening-of-the-Guyana-Energy-Conference-and-Supply-Chain-Expo.jpg?fit=1080%2C1656&quality=89&ssl=1

A US-based company is planning a major investment in Guyana’s oil and gas sector, aiming to process 30,000 barrels of oil daily by the end of the year, President Dr Irfaan Ali announced. Speaking at the opening ceremony of the Guyana Energy Conference and Supply Chain Expo on Tuesday at the Marriott Hotel in Kingston, […]

February 18, 2025

Ministry-of-natural-resources-booth.jpg?fit=1200%2C1600&quality=89&ssl=1

The Natural Resources Ministry is set to officially launch the Local Content (LC) App, designed to facilitate the integration of local companies into the lucrative oil and gas sector, at this year’s Guyana Energy Conference and Supply Chain Expo. This was revealed by Stakeholder Coordinator at the Natural Resources Ministry, Mikaila Prince, during an interlude […]

Tag: Development

PSC: Unemployment is largely voluntary

143 Region Six contractors paid, attention moves to projects completion

World Bank approves US$156M project to upgrade Guyana’s road infrastructure

Dawn of new horizon for Kwakwani residents

Puran Brothers: From humble beginnings to major contractor in O&G sector

GCCI lauds legislation supporting ‘growth of business’

Oxford Professor: Guyana on right path to transformation

Dominican Republic, Guyana to decide on petroleum agreements soon

US company planning major investment in O&G sector

Local Content App set to launch at Energy Conference

Dwayne Ross charged with unlawful drone operation near President's Leonora residence, granted $200,000 bail

Woman narrowly escapes burning house at Ogle

Berbice fisherman fatally stabbed

Dwayne Ross charged with unlawful drone operation near President’s Leonora residence, granted $200,000 bail

Woman narrowly escapes burning house at Ogle

Berbice fisherman fatally stabbed