Business news and economic coverage from Guyana — oil sector growth, SME development, trade policy, and investment. La Caribeña News reports from the region's fastest-growing economy.
The Government published the Guyana Development Bank's full board on 5 October 2026, the day the Bank opened. Its seven directors include the Finance Secretary, a sitting Member of Parliament, the president of the Georgetown Chamber of Commerce, and the NRF oversight chairman.
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The Procurement (Amendment) Act 2019 created a register of bidders and requires a supplier to apply at least seven days before bidding. On 16 October 2026 the portal for contracts above G$15 million was accepting new accounts. The portal below that figure was not.
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The CARICOM Secretariat said on 9 October 2026 that four assessment teams will meet between 12 and 27 October to examine whether the region can meet its own demand for paints and varnishes, hydraulic cement, glass bottles and petroleum bitumen. Guyana is named on every team.
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Brazil's Senate approved a constitutional amendment on 14 October 2026 reducing the maximum working week from 44 hours to 40 with no salary cut, by 75 votes to 1 in each of two rounds. Businesses have 14 months to adopt it. It passed eleven days before a presidential runoff.
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Tourism, Industry and Commerce Minister Susan Rodrigues told a Guyana Manufacturing and Services Association panel on 13 October 2026 that oil and gas will not deliver prosperity alone, and said she is baffled that more private investment is not going to Lethem on the Brazilian border.
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On 13 October 2026 the President of Suriname and the economist Roger Hosein in Port of Spain made the same argument: extraction alone will not do it. Suriname attached no measurement, Trinidad has a US$5 billion export target, and Guyana has forty reserved categories in statute.
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President Jennifer Simons told the fourth International Business Conference in Paramaribo in October 2026 that extraction on its own is not success. The organisers give the dates as 13 to 15 October and the theme as From Energy to Industry: Investing in the Suriname-Guyana Value Chain.
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Guyana's preliminary December 2026 loading schedule carries 33 million barrels of crude for export, about 1.06 million barrels a day, which would be the first time the country's exports pass a million. The first cargo of the new Uaru grade is set for 11 and 12 December.
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Clarke's Productions Inc launched Beyond the Wheels 2.0 on 14 October 2026 in Georgetown, before chamber, private sector and press representatives. The Transportation and Road Safety Summit runs on 9 and 10 March 2027.
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Beyond the Wheels 2.0 launches at 9:30 this morning at Atlantic Suites Hotel, formerly Pegasus Suites and Corporate Center in Georgetown, building toward a Transportation and Road Safety Summit on 9 and 10 March 2027 at the Arthur Chung Conference Centre, where a National Road Safety Declaration...
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The IMF's October 2026 World Economic Outlook projects Latin America and the Caribbean at 2.3 per cent. The fifteen Caribbean economies it covers are 3.9 per cent of that region's output, and their growth rates span 24 points, from Guyana at 22.3 per cent to Haiti at minus 1.7.
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Guyana's Natural Resource Fund closed September 2026 at US$5.47 billion. Every dollar sits in an overnight deposit account at the Federal Reserve Bank of New York, under an investment mandate the Fund's Board has confirmed four times since May 2024. It earns the overnight rate.
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