Guyana
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Guyana receives funds to develop gold mining sector
GEORGETOWN, Guyana, CMC – The World Wildlife Fund (WWF) is assisting Guyana in building capacity in environmental management of the gold mining sector. The WWF has provided a GUY$12 million (One Guyana Dollar = US$0.01 cents) cheque to the Ministry of Natural Resources and the Environment as part of a one- year project aimed at training miners and other stakeholders…
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Jamaica: Searching for economic stabilization
GEORGETOWN, Guyana – At the beginning of this month, the Executive Board of the International Monetary Fund (IMF) approved new funding arrangements to help stabilize the Jamaican economy and put it on a path to economic growth. The negotiation of the funds, a so-called Extended Fund Facility (EFF) up to US$923M has taken an extended period, lasting from the period…
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Attorney General urges support for anti-money laundering legislation
GEORGETOWN, Guyana, CMC – The Guyana government is seeking support for the passage of amendments to the Anti-Money Laundering and Financing of Terrorism Act, warning it is in the country’s interest and should supersede political interest. Attorney General and Legal Affairs Minister, Anil Nandlall, in an interview broadcast on the state-owned National Communication Network (NCN), said it is important for…
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Guyana preparing for SIDS conference
GEORGETOWN, Guyana, CMC – Guyana will host a multi-stakeholder consultation on Tuesday in preparation for the Third International Conference on Small Island Developing States (SIDS). Adviser to the President on Sustainable Development, Science and Technology, Navin Chandarpal, says participants will discuss various issues including the recommendations from the Barbados Programme of Action (BPOA) and that based on the outcomes of…
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T&T AND GUYANA ENERGY MINISTERS INK MOU ON COOPERATION IN ENERGY RELATED MATTERS
The Governments of the Republic of Trinidad and Tobago and the Cooperative Republic of Guyana on 1 March 2013 signed a Memorandum of Understanding between both countries that seeks to promote greater cooperation in energy and energy related matters over the next two years. Under the MoU, both parties will meet annually (or sooner, as mutually agreed) to review the…
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New world trade supremo
GEORGETOWN, Guyana – Brazil’s ambassador to the World Trade Organisation (WTO), Roberto Azevêdo, is to be approved by acclamation, as the Geneva-based organisation’s new director-general, at next Tuesday’s meeting of its general council. Dr Azevêdo is only the WTO’s second leader from the developing world in its 18 years of existence. The fact that, this year, the majority of the…
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Survey finds multi-million dollar hotel not a national priority
GEORGETOWN, Guyana, CMC – A survey conducted by the Georgetown Chamber of Commerce and Industry (GCCI) has found that the multi-million dollar Marriott Hotel is not considered a priority by business groups even though the Donald Ramotar government says it is among the flagship projects in Guyana. GCCI president Clinton Urling who released the findings at a news conference here…
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Guyana gov’t mulling how to handle surplus gold
THE South American country of Guyana is trying to decide what to do with a large quantity of gold it bought from local miners when demand was high. President Donald Ramotar said Saturday that he will meet with advisers to determine when it's best to sell the gold following a recent fall in prices. He declined to say how much…
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The focus on ODIs and T20
GEORGETOWN, Guyana, Stabroek News – Perusing the statements by West Indies Cricket Board (WICB) chief executive officer Michael Muirhead and newly elected Board president Whycliffe ‘Dave’ Cameron regarding Pakistan’s tour of the West Indies this year, which will comprise five One Day Internationals (ODIs) and two Twenty20 (T20) matches, one is left none the wiser as to what precisely were…
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