MV Kimbia
May 26, 2019 – Guyana Chronicle
…North West Guyana (Region 1) residents praise recommissioning of MV Kimbia
…cite easing of economic burden, potential for increased trade
CITING its economic importance, residents of the township of Mabaruma were out in their numbers on Wednesday May 22, 2019 to welcome the Transport and Harbours Department ferry MV Kimbia which returned to the area after some four years.
Minister within the Ministry of Communities, Annette Ferguson, was on hand to join the celebrations as the vessel moored at the port of Kumaka on Wednesday. Members of the business community were ecstatic that the spacious vessel, which was overhauled at a cost of more than G$400M, was finally back in service. Residents told the Guyana Chronicle that persons would be able to ferry more goods for sale in the capital city and it was noted too that the new seating arrangement as well as other improvements within the vessel impressed many. “I must say that thanks to the government that we have this vessel back with us. It is going to benefit us business people tremendously, because we won’t have to hire those private boats anymore,” a businessman noted. Continue reading →
Like this:
Like Loading...
Locally-owned Pegasus Hotel has announced a September 2020 completion of its 12-storey suites and a seven-storey corporate offices expansion.
Robert Badal
The construction of the estimated US$100M project started in October last year.
It comprises a 12-storey tower providing long-term accommodation and a seven-storey office complex providing first world corporate offices.
According to Pegasus’s managing director, Robert Badal, all corporate offices would over time be converted to accommodation when it is viable to do so. The objective is to expand the services offered by Pegasus Hotel, a premier tourism company.
Giving an update last week, the executive disclosed that regarding the economic benefits, taxes from suppliers and bank interest during construction is estimated at US$2.8M per annum and close to US$4M per annum after full operation. Continue reading →
Like this:
Like Loading...
By guyaneseonline
|
Also posted in Architecture, Business, Economics/Finance, Guyana, guyana tourism, Personalities
|
Tagged Cheddi Jagan International Airport, China Harbour Engineering Company, Guyanese Online, Marriott Hotel, MovieTowne construction, Pegasus’s managing director- Robert Badal
|
– Stabroek News – Editorial
Given its inauspicious beginnings in Jamaica and numerous questions over the scope of its works, it is meet that both the government and the opposition have agreed that the US$150m expansion of the Cheddi Jagan International Airport (CJIA), Timehri be audited.
There has been a great deal of grandstanding and excuses by both the former PPP/C government and the current one over its progress and what was intended to be delivered. So febrile has the disputation been that the Office of the Auditor General has since signalled that it will undertake a special audit of the project. Underpinning this will be a value for money audit.
Cheddi Jagan International Airport – Guyana
Continue reading →
Like this:
Like Loading...
By guyaneseonline
|
Also posted in Business, Economics/Finance, Government, Guyana, Science, Technology, Transportation
|
Tagged APNU/AFC government, Cheddi Jagan International Airport (CJIA), China’s Belt and Road Initiative, Guyana: CJIA expansion project – Editorial by Stabroek News - 06 May 2019, Guyanese Online, Minister of Public Infrastructure - David Patterson
|
Apr 30, 2019 Editorial Kaieteur News
The wealth gap is an understatement, for that differential between haves and have-nots can no longer be confined to a mere gap. The stark reality is that it is more of a wealth ocean in vastness, a separate planet all by itself. Gap does not begin to capture the hard disparities.
According to the 2018 report from the Billionaire Bonanza, as published by the Institute for Policy Studies and carried online by Yahoo Finance on April 26, in America, the land of unlimited opportunity and dreams, three family dynasties – the Waltons of Walmart supermarket fame, the Koch Brothers with diversified businesses, and the Mars family, makers of the candy with the same name, together possess and control “a staggering US$348.7 billion in assets as of October 2018”. Continue reading →
Like this:
Like Loading...
April 26, 2019 Kaieteur News
Photo of the CJIA terminal area
It appears that the authorities are paying attention to rising concerns over the ongoing expansion of the Cheddi Jagan International Airport (CJIA), at Timehri.
A major probe is to be carried out to determine whether Guyana received value for its money.
It would come after almost a decade of criticisms for a project that was born in secret and has been saddled with one problem after another.
According to Auditor General, Deodat Sharma, an audit is being planned at the moment. Continue reading →
Like this:
Like Loading...
By guyaneseonline
|
Also posted in Business, crime and Investigations, Economics/Finance, Government, Guyana, Personalities, Politics, Technology, Transportation
|
Tagged Auditor General Deodat Sharma, Cheddi Jagan International Airport (CJIA), Guyana: CJIA Renovation…State auditors to target duty-free concessions, Guyanese Online
|
Stabroek Market. Georgetown. Guyana.
INCREDIBLE PICTURES OF GUYANA
https://www.icloud.com/sharedalbum/#B0H5oqs3qJfvDrt;730F2466-EACC-40E2-9249-57D7A00744CD
Click Link above to view pictures
Like this:
Like Loading...
The wealth gap is an understatement – Commentary
Apr 30, 2019 Editorial Kaieteur News
The wealth gap is an understatement, for that differential between haves and have-nots can no longer be confined to a mere gap. The stark reality is that it is more of a wealth ocean in vastness, a separate planet all by itself. Gap does not begin to capture the hard disparities.
According to the 2018 report from the Billionaire Bonanza, as published by the Institute for Policy Studies and carried online by Yahoo Finance on April 26, in America, the land of unlimited opportunity and dreams, three family dynasties – the Waltons of Walmart supermarket fame, the Koch Brothers with diversified businesses, and the Mars family, makers of the candy with the same name, together possess and control “a staggering US$348.7 billion in assets as of October 2018”. Continue reading →
Share this:
Like this: