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.
A Jamaican forensic reconstructionist came to the IRF Congress in Georgetown to tell lawyers, insurers and judges that the vehicle already knows what happened, and almost nobody in the region is asking it.
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Same basin, adjacent water, contracts signed a year apart. Suriname’s state oil company publishes its terms, says it benchmarked them against Guyana, and puts its own government take at 60 to 70 per cent.
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The company trained models on its own Stabroek data and turned up four new discovery opportunities. Under the 2016 contract, Guyana’s royalty on every barrel is two per cent. Its own 2023 contract sets it at ten.
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In February the President asked for collaboration with the private sector. The instrument approved in July is a state-owned competitor, and nothing published says whether collaboration now means taking a share in it.
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Guyana's MARAD is inviting Expressions of Interest from marine salvage firms to recover the MV Barima, which sank off the Essequibo Coast, outlets report.
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Guyana says a new 12.5% US tariff linked to forced labour will not disadvantage its exporters and it will lobby for removal, per INews Guyana and Demerara Waves
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Offshore installation of the subsea system for the Whiptail project has begun off Guyana, according to reports from Brazil Energy Insight and OilNOW.
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Guyana has passed the Development Bank Bill, with outlets reporting the new law will offer zero-interest loans for small businesses across the country.
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Guyanese outlets report Minister Zulfikar Ally is urging citizens to form consortiums to access cluster loans ahead of the Guyana Development Bank launch.
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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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