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 →
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.
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.
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 →
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 →
Oct 20, 2020News – Kaieteur News – It has been over two weeks since Kaieteur News began chronicling a shocking exposé of the shoddy Kaieteur and Canje Oil Blocks deal that was approved by former President Donald Ramotar. This publication showed, among other things, how these prime assets were given away to industry unknowns.
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 →
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 →
– Homes from home – The urge to escape covid-19 has given it a boost
FOR THE industry’s critics, it is a scandal that exposes exactly what they have been warning about. Many people have an almost instinctive distaste for the business in selling long-term-residence rights in a country or even citizenship there for cash, usually in the form of an authorised investment. So a documentary this month on Al Jazeera, a Qatar-based television channel, seeming to uncover corruption in an “investment migration” scheme offered by Cyprus, did not not seem especially shocking.
It showed Cypriot politicians filmed in a sting operation, apparently willing to sell their country’s passport to a (fictitious) Chinese businessman who, in the cover story, had been convicted to seven years in jail for money-laundering, and so should have been ineligible. Continue reading →
Several imported equipment and supplies required for petroleum operations in Guyana are duty-free – GRA
Guyanese Ederle Stephen wins Miss Caricom 2020 online
Ederle after being crowned Miss Caricom 2020.
By Stabroek News-
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 →
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