8 h. ago Measures announced by the President will do nothing to ease the pressure on the Guyana dollar

Dear Editor, I write with reference to the news that the government has injected US$1.2B in the foreign exchange market for the year thus far.  The article Measures announced by the President will do nothing to ease the pressure on the Guyana dollar appeared first on Stabroek News.

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8 h. ago Strengthen economic fundamentals to foster sustainable US dollar inflows

Dear Editor, I am writing in response to your recent article, “Gov’t tightening up on foreign exchange access.” While efforts to stabilize the economy are understandable, direct intervention in the foreign exchange market carries significant risks and raises important questions about intent. The article Strengthen economic fundamentals to foster sustainable US dollar inflows appeared first on Stabroek News.

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8 h. ago President’s measures to tame foreign currency demand won’t work – Ram, Campbell

President Irfaan Ali’s surprise announcements on Tuesday to curb the run on foreign currency is a recognition of the seriousness of the situation but the measures won’t work, according to analyst Christipher Ram and businessman Terrence Campbell. The article President’s measures to tame foreign currency demand won’t work – Ram, Campbell appeared first on Stabroek News.

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8 h. ago Direct and indirect spillover costs must be covered through taxation revenues

Dear Editor, I wish to add a rejoinder to the letter by Dr. Thomas B. Singh in SN 2025-10-02, ‘Fiscal expansion has pushed demand for US dollars far beyond what G$210 can bear’. The article Direct and indirect spillover costs must be covered through taxation revenues appeared first on Stabroek News.

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9 h. ago Banks welcome tightening up to detect duplication of foreign currency requests

Commercial banks have welcomed new measures shared by President Irfaan Ali to address duplication of invoices and other practices they say have placed pressure on the foreign currency market. The article Banks welcome tightening up to detect duplication of foreign currency requests appeared first on Stabroek News.

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9 h. ago CARICOM Private Sector Organization welcomes implementation of full free movement

The CARICOM Private Sector Organization (CPSO) says it welcomes the implementation of full free movement rights for nationals of Barbados, Belize, Dominica and Saint Vincent and the Grenadines under the CARICOM Single Market and Economy (CSME). The article CARICOM Private Sector Organization welcomes implementation of full free movement appeared first on Stabroek News.

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9 h. ago What strategies are being employed to rescue this year’s sugar crop?

Dear Editor, Persistently low sugar production in Guyana demands urgent national attention—not just for the industry, but for the thousands of rural families and the wider economy that depend on it. The article What strategies are being employed to rescue this year’s sugar crop? appeared first on Stabroek News.

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10 h. ago President Ali announces plans for Guyana to market its own crude

(Kaieteur News) – Guyana will be working to develop its capability and capacity in crude oil trading, President Irfaan Ali told a roomful of private sector players on Thursday at the inaugural energy breakfast hosted by the Georgetown Chamber of Commerce and Industry (GCCI). “I will be working with the local private sector and international […] The post President Ali announces plans for Guyana to market its own crude appeared first on Kaieteur News.

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32 h. ago Fiscal expansion has pushed demand for US dollars far beyond what G$210 can bear

Dear Editor, The shortage of foreign exchange – US dollars – shows that something is “wrong” with the price. At G$210, demand exceeds supply. The article Fiscal expansion has pushed demand for US dollars far beyond what G$210 can bear appeared first on Stabroek News.

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57 h. ago Frustrated Skeldon market vendors demanding immediate fix to leaky roof

Vendors of the Skeldon market, Corentyne, Berbice are demanding a permanent remedy to the porous roof stating  that no proper repairs have been done to the gutters and galvanized sheeting roof for a number of years and every time there is heavy rain goods and merchandise are damaged and there is no compensation. The article Frustrated Skeldon market vendors demanding immediate fix to leaky roof appeared first on Stabroek News.

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57 h. ago Colombia’s central bank holds rate, country cancels IMF credit line

BOGOTA,  (Reuters) – Colombia’s central bank held the benchmark interest rate at 9.25% yesterday, in line with market predictions, amid inflationary pressures, stronger economic data and uncertainty about the global economy. The article Colombia’s central bank holds rate, country cancels IMF credit line appeared first on Stabroek News.

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58 h. ago Exxon ordered to submit quarterly reserve updates for 7th project

Kaieteur News – The Government of Guyana has moved to impose stricter oversight on ExxonMobil’s oil operations, demanding that the U.S. oil giant submit quarterly reports on reserves for its seventh offshore development, the Hammerhead Project. This mechanism would play a key role in monitoring the depletion of the resources and aid in strategic planning […] The post Exxon ordered to submit quarterly reserve updates for 7th project appeared first on Kaieteur News.

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3 d. ago Jury finds clothes vendor guilty of 2016 narcotics trafficking charge

A jury yesterday unanimously found Shemroy Robertson, also known as “Minutes,” 31, guilty of possession of narcotics for the purpose of trafficking. The article Jury finds clothes vendor guilty of 2016 narcotics trafficking charge appeared first on Stabroek News.

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4 d. ago Building grain reserves in anticipation of supply chain disruptions and shortages

Dear Editor, The rice glut on the world market is a blessing in disguise. During this period of heightened tensions and potential war we as a nation have an opportunity to build our grain reserves in anticipation of supply chain disruptions and shortages. The article Building grain reserves in anticipation of supply chain disruptions and shortages appeared first on Stabroek News.

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4 d. ago We will have no other recourse but to seek legal relief if the M&CC refuses to act against this vendor

Dear Editor, I write today with a final public appeal to the Mayor and City Council before seeking legal relief at the start of the new month. The article We will have no other recourse but to seek legal relief if the M&CC refuses to act against this vendor appeared first on Stabroek News.

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4 d. ago CRG supports the stockpiling of rice during this period of potential conflict

Dear Editor, The rice glut on the world market is a blessing in disguise. During this period of heightened tensions and potential war we as a nation have an opportunity to build our grain reserves in anticipation of supply chain disruptions and shortages. For this reason, the stockpiling of our local grain should be encouraged. […] The post CRG supports the stockpiling of rice during this period of potential conflict appeared first on Kaieteur News.

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6 d. ago FGM demands clarity from GECOM on Commonwealth voter participation

– says no response from GECOM Chair Kaieteur News – The Forward Guyana Movement (FGM) on Friday renewed its call for the Guyana Elections Commission (GECOM) to provide clarification on the registration and participation of Commonwealth citizens in the 2025 General and Regional Elections. In a statement, the party expressed concern over GECOM’s failure to […] The post FGM demands clarity from GECOM on Commonwealth voter participation appeared first on Kaieteur News.

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6 d. ago Bids opened for rehabilitation of main roof to Main Theory Classes Building at E’bo Technical Institute

Kaieteur News – The Ministry of Education has received seven bids for the rehabilitation of the main roof to the Main Theory Classes Building at the Essequibo Technical Institute (ETI) in Region Two. Bids were opened at the office of the National Procurement and Tender Administration Board (NPTAB). The project is estimated at $18.3 million. […] The post Bids opened for rehabilitation of main roof to Main Theory Classes Building at E’bo Technical Institute appeared first on Kaieteur News.

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7 d. ago Police rubbish man’s claims that he was charged for defending children from home intruder

Kaieteur News – A father of five is expressing frustration after being charged for allegedly chopping a man whom he claims broke into his home and sexually assaulted his children. But the police have denied the man’s claim, stating that he has a history of making up stories. The family of seven says they are […] The post Police rubbish man’s claims that he was charged for defending children from home intruder appeared first on Kaieteur News.

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9 d. ago Bandits posing as Ministry of Finance employees rob hotdog vendor with toy gun

– nabbed hours later with stolen cash, jewellery Kaieteur News – Two men pretending to be employees with the Ministry of Finance robbed a hotdog vendor and her grandmother of a large sum of cash and jewellery on Monday at Huist Dieren Public Road, Essequibo Coast, Region Two. However, they did not get to enjoy […] The post Bandits posing as Ministry of Finance employees rob hotdog vendor with toy gun appeared first on Kaieteur News.

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