Is the paradoxical Dutch disease present? (Part 3) REBUILDING THE ECONOMY FROM FIVE YEARS OF POOR ECONOMIC MANAGEMENT AND BAD POLICIES Proponents of the notion that the mid-year report confirms that the Dutch disease is already here by merely citing the contracted performance of a few subsectors, namely sugar and rice, and ignoring completely the…
Little Diamond, Herstelling roads to get $80M facelift
STREETS in Little Diamond and Herstelling are slated for upgrades valuing more than $80 million, according to Minister within the Ministry of Public Works, Deodat Indar. Specifically, Minister Indar, in an invited comment on Wednesday, said that the project will target five roads within the communities. “We are doing five roads in the communities…the contracts…
India-Guyana Alumni Association gets new life
By Cassandra Khan THE India-Guyana Alumni Association was relaunched on Tuesday, as the two nations commemorated the 58th Indian Technical and Economic Cooperation (ITEC) Day during a reception hosted by India’s High Commissioner to Guyana, Dr. K.J Srinivasa. The alumni association brings together Guyanese who participated in the various Indian scholarship programmes including the ITEC,…
Dion Bascom gets $300,000 bail for alleged cybercrime offences
POLICE Sergeant Dion Bascom was on Wednesday released on $300,000 bail for three cybercrime charges. Bascom allegedly accused two senior officers of covering up the murder of Ricardo Fagundes, known as “Paper Shorts”. Bascom, who was hauled before Chief Magistrate Ann McLennan at the Georgetown Magistrates’ Court, denied the three charges, which alleged that he,…
GECOM extends Claims and Objections exercise by seven days
THE Guyana Elections Commission (GECOM) on Wednesday disclosed that it will extend the ongoing Claims and Objections Exercise by seven days, in a bid to allow further participation in the process by eligible persons. The Claims and Objections Exercise commenced on August 22, 2022. According to a GECOM release, the new dates will allow persons…
Five companies bid for milestone gas-to-energy project
MORE benefits will soon be derived from Guyana’s burgeoning oil-and-gas sector, as five companies have placed their bids to construct the power plant and the natural gas liquids (NGL) plant as part of the gas-to-energy project, at Wales, West Bank Demerara (WBD). The bids, according to Vice-President, Dr. Bharrat Jagdeo, ranged from US$450 million to…
Cheaper electricity closer as gov’t receives five bids for Wales project
Cheaper electricity, a long-pursued goal of Guyana, is closer now that the government has received five bids for the construction of the power plant and natural gas liquids (NGL) plant at Wales, West Bank Demerara (WBD). Both plants are part of the massive Wales gas-to-energy project that will see energy produced from natural gas found…
GECOM extends Claims and Objections period by 7 days
The Guyana Elections Commission (GECOM) has announced that it will extend the ongoing Claims and Objection exercise by seven days to afford eligible persons further opportunities to participate in the process. Persons who are desirous of making a claim to be included in the Official List of Electors (OLE) now have until next Wednesday to…
President heads to US for UN General Assembly and other engagements
President Irfaan Ali is departing Guyana this evening for the United Nations General Assembly and a series of other engagements over the next week. During the visit to the US, President Ali will be part of a Caribbean team that will engage with US Vice President Kamala Harris. The meeting is a follow-up to President…
Police Detective Dion Bascom slapped with cyber crime charges
Weeks after he publicly accused the Guyana Police Force of allegedly covering up the investigations into the murder of biker, Ricardo Fagundes, Police Detective, Sergeant Dion Bascom was today hit with three cyber crime charges related to statements he made about serving members of the Guyana Police Force. Bascom in two Facebook video posts had…