growth Archives

September 5, 2025

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Guyana’s economy is on the right trajectory for 2025 and beyond, with significant prospects in agriculture and manufacturing, Chief Investment Officer Dr. Peter Ramsaroop said on Thursday. Dr. Ramsaroop credited the private sector and the Georgetown Chamber of Commerce and Industry (GCCI) for supporting small and medium-sized businesses, and noted that government programmes under President […]

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 […]

April 25, 2025

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Over 300 job seekers gathered today as a new call centre officially opened its doors in No. 75 Village, creating much-needed employment opportunities and further strengthening Guyana’s Business Process Outsourcing (BPO) sector. The launch event and accompanying job fair marked a major step forward for regional development, drawing strong support from government officials and investment […]

April 7, 2025

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Guyanese will be able to tap into more economic opportunities, such as co-investing in national projects, as part of the government’s commitment to achieving shared prosperity. President Dr Mohamed Irfaan Ali announced the plan during a public meeting at Canal No. 2 Polder on the West Bank of Demerara in Region Three on Sunday. This […]

March 20, 2025

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Guyana’s lucrative oil economy will continue to be a major contributor to regional economic growth, even as the country’s expansion is projected to slow this year. This was stated by Caribbean Development Bank (CDB) Director of Economics, Ian Durant, as he presented an overview of the Caribbean’s 2024 performance and the region’s 2025 trajectory at […]

February 20, 2025

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The government is making significant strides in diversifying and fortifying the non-oil economy, with impressive growth across agriculture, construction, and mining sectors, said Senior Minister in the Office of the President with Responsibility for Finance and Public Service, Dr Ashni Singh, as he made a compelling case to investors at the Guyana Energy Conference and […]

February 20, 2025

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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 […]