CARICOM small businesses can wait 90 days to be paid, while India quietly built a fix. India's Trade Receivables Discounting System reached its headline milestone on 2 July 2025 through the Receivables Exchange of India, a mechanism the Caribbean has no equivalent of.
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Every Executive Management Committee role except Honorary Secretary was heavily contested at the Private Sector Commission's 2026 election, with the chairmanship reported to have been decided by about two votes. The tallies are presented as reported to us and are not independently confirmed.
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Wakenaam NDC Chairman Tareeq Ahmad says the island's farmers produce up to 300,000 lbs of food weekly, but weak prices and transport gaps cap profit.
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At the ECONOME forum in Region 3, Go-Invest's John Edghill urged local entrepreneurs to seize housing and vehicle-servicing openings before outsiders do.
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Nail technician Analisa Chesney on creativity, choosing gels, NSI products and serving clients of every age at Lexann's Nail Creations in Guyana.
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Citi received Bank of Guyana approval for Citibank, N.A. to establish a representative office in Georgetown, its first presence in the country after almost three decades of business at a distance. A representative office is a liaison presence: no local deposits, no local loans.
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Captain Gerald Gouveia Jr. was re-elected Chairman of Guyana's Private Sector Commission, with Kathy Smith continuing as Vice Chairwoman and Josephine Tapp of the Women's Chamber joining as Honorary Secretary. Two of five Executive Management Committee seats are now held by women.
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Singapore engineered its drivers through licensing, enforcement and civic design. Guyana has not, and the cost shows on the road. The country's road safety crisis is less about asphalt and signage than about a civic culture that taught people not to wait their turn.
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Lacey Williams, Managing Director of CARITRANS in Trinidad and Tobago, questions whether the global insurance rule that young drivers pay more and older drivers pay less survives contact with Caribbean data. She holds a BSc from UWI St Augustine and an MSc from Howard University.
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Fast Pay, Guyana's national real-time payments system, goes live across participating commercial banks on 2 June. This column reasons from how India's Unified Payments Interface works and what NPCI International built in twelve adopting countries. The author has not seen the Guyana platform.
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26 May 1966. 26 May 2026. The Co-operative Republic of Guyana enters its seventh decade with the world finally
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The Guyana Development Bank loan application requires a national ID card, business registration, a business plan, financial statements where applicable and proof of address. Each applicant meets a bank-appointed adviser before any disbursement, and a mobile tracker for applicants is in development.
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