Category Archives: Business

Guyanese Ederle Stephen wins Miss Caricom 2020 online

Ederle after being crowned Miss Caricom 2020.

Ederle after being crowned Miss Caricom 2020.

By

Guyana’s Ederle Kimberly Stephen was crowned Miss Caricom 2020 Online following a virtual competition two Saturdays ago where she bested some nine other women representing various countries in the Caribbean.    Continue reading

GUYANA OIL: Imports required for petroleum operations in Guyana are duty-free – GRA

Several imported equipment and supplies required for petroleum operations in Guyana are duty-free – GRA

OilNOW- 24 October 2020

The Guyana Revenue Authority said on Friday (October 23, 2020) that based on the Petroleum Agreement between the Government and ExxonMobil affiliate Esso Exploration and Production Guyana Limited, contractors and sub-contractors are permitted to import a number of equipment and supplies duty-free for use in petroleum operations, as stated in Annex D of the petroleum agreement.

READ MORE: https://oilnow.gy/featured/some-imported-equipment-and-supplies-required-for-petroleum-operations-in-guyana-are-duty-free-gra/

VIDEO: Retail Apocalypse Getting Worse: $15 Trillion Market Leads To Economic Collapse !!

Retail Apocalypse Getting Worse: $15 Trillion Market Leads To Economic Collapse !!

Epic Economist – 21 October 2020 — website: https://www.epiceconomist.com

The retail apocalypse proportions are getting so extensive that its downfall has been putting the commercial real state sector in big trouble. Experts have been warning that the $15 trillion market is at risk of bleeding over into the broader financial system as the U.S. struggles to come out of a deep economic collapse.    
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OPINION: Black Hair Care — Corona Virus Fear – By Yvonne Sam

It is no secret that hair plays a major role within Black culture.

By Yvonne Sam

As the rapid spread of COVID-19 — the novel virus that has affected hundreds of thousands globally — continues to upend lives and livelihoods, it seems hair care would be the least of any person’s concern. While the world is reeling from the ever–increasing death toll, the black hair care industry is feeling the effects of the virus in a different way—the importers cannot meet the orders due to restrictions meant to contain the virus. https://www.blackenterprise.com/black-haircare-vendors-say-they-their-business-is-being-affected-by-the-coronavirus-outbreak/

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VIDEO: GUYANA : Various video clips of Guyana taken from Above – 2020 – Guyana Uncut

GUYANA FROM ABOVE 2020

This is a video of various parts of Guyana shot from above.

Released on October 15, 2019 by Guyana Uncut

CARICOM: Who will deliver the structural changes the pandemic has highlighted?

The View From Europe:  By David Jessop –

A timely and comprehensive policy paper produced by the Ramphal Centre has set out the structural changes required to deliver Caribbean post-COVID economic recovery. Welcoming the study, David Jessop, questions however whether the region still has the unity of purpose to deliver what it recommends.

A little earlier this month, the University of the West Indies’ Shridath Ramphal Centre, published    a policy paper that called for a new, integrated regional approach to post-COVID Caribbean economic recovery.  It asked in effect whether the region should seek to re-embrace the ‘old normal’ or seek solutions to the existing and new economic challenges that the pandemic has highlighted.    Continue reading

GUYANA: OIL: Small companies often farm-out acreage to raise capital – By OilNOW

Exxon Drillship in Stabroek Block Guyana

GUYANA: OIL: – By OilNOW – October 18, 2018

As interest mounts about the nature of farm-in agreements in South America’s newest oil and gas hotspot – Guyana – OilNOW takes a look this week at what the term means, why it is used and to what extent do companies enter such deals in the petroleum industry.

A farm-out agreement operates as a type of sale and purchase agreement under which a seller (the “farmor”) agrees to transfer part (but not all) of its interest in an upstream asset to the buyer (the “farmee”), in exchange for that buyer agreeing to undertake (or fund) work obligations such as acquiring seismic data or drilling wells in respect of that asset.              Continue reading

GUYANA: OIL BLOCKS: Harmon says Coalition dependent on KN’s information to take action

— on Kaieteur/Canje oil blocks giveaway

Despite such shocking revelations being put into the public domain, leader of the APNU+AFC Opposition, Joseph Harmon, yesterday declared that the coalition is “awaiting more information” before any action is taken in the National Assembly to hold those responsible parties accountable.      Continue reading

GUYANA: Opening of Pegasus expansion delayed to May due to COVID-19

 – Badal confident of full occupancy by December next year

A view of the works on the two buildings
A view of the works on the two buildings

The  COVID-19 pandemic has deferred the opening of the US$100M Pegasus Hotel expansion projects from December of this year to May of 2021 but hotelier  Robert Badal is confident that the entity “will hold its own” and be the inspiration needed for local investors.

“I would say it has been delayed by about six months. Now we are scheduled to complete by May 2021 and I am optimistic that we will have full occupancy by December of next year,” he added.      Continue reading

Citizenship: The scandal-hit market for passports and long-term visas is booming – The Economist

  Homes from home – The urge to escape covid-19 has given it a boost