Business

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Economist backs govt’s decision to avoid extravagant cash grants

The government’s decision to avoid extravagant cash transfers reflects its ability to be a responsible steward of our country’s oil money, says economist Richard Rambarran.  During an appearance on the Starting Point Podcast, Rambarran shared this perspective, underscoring the importance of the government staying the course in managing the nation’s wealth. He said the administration’s […]

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Gov’t slashes taxes on double-pick-ups, hybrid vehicles

To support stakeholders reliant on vehicles in sectors such as construction, agriculture, and mining, Minister of Finance, Dr Ashni Singh, announced that Budget 2026 provides reduced taxes on a range of vehicles, all to accelerate growth in key industries. In his 2026 Budget presentation to the National Assembly on Monday, Dr Singh announced the removal

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Budget 2026:  US$100M to be injected into Guyana Development Bank

The PPP/C government has allocated US$100 million in Budget 2026 for the Guyana Development Bank (GDB) to expand financing for small and medium-sized enterprises (SMEs). This represents a US$100M less than what was initially revealed to the press last year by President Dr Irfaan Ali. In his budget presentation on Monday, Minister of Finance Dr

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Visitor arrivals surge by 22% in 2025 as Guyana markets niche, sustainable tourism – Min. Rodrigues 

Guyana recorded a 22 per cent increase in visitor arrivals in 2025, achieving a record-breaking 453,489 arrivals. This was disclosed by Minister of Tourism, Industry and Commerce, Susan Rodrigues, during an interview on the Starting Point Podcast aired on Sunday, January 11. “The projection was that we will achieve 400,000 visitor arrivals…it is a massive

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Deep-water Port key to unlocking Guyana’s shipping, manufacturing and food potential – PSC Chairman

Guyana Times — Chairman of the Private Sector Commission (PSC), Captain Gerald Gouveia Jr., says the construction of a deep-water port remains one of the most critical national projects needed to fully unlock Guyana’s future in logistics, manufacturing, agriculture, and regional trade. Speaking during a recent episode of the Starting Point podcast, Gouveia said the

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More world-class infrastructure set to transform key regions by 2030-Minister Edghill

The 2025-2030 term of the People’s Progressive Party/Civic (PPP/C) government will see the continuation of more world-class infrastructural projects, which are designed to enhance connectivity, stimulate economic activity, and improve the lives of citizens. This was one of the core messages shared by Minister of Public Works, Juan Edghill, during his appearance on the Starting

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Gov’t crackdown on overweight trucks already yielding results – Min. Edghill 

As the Government of Guyana accelerates the upgrade and expansion of the nation’s road network, it has also intensified its crackdown on overweight trucks which are destroying multi-million-dollar infrastructure long before it reaches its full lifespan. According to Minister of Public Works, Juan Edghill, the administration’s new weigh-in-motion system is already yielding encouraging results, with

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Guyanese businesses looking to dominate other industries in oil and gas sector – PSC Chairman

Chairman of the Private Sector Commission (PSC), Captain Gerald Gouveia Jr., says the local private sector is actively working with the government to identify new areas of opportunity in the oil and gas industry that Guyanese businesses can dominate. During a recent episode of the Starting Point Podcast – The Oil and Gas Edition –

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Guyana on track for 5th year of record-breaking growth in overall, non-oil economy

For the first half of 2025, the growth of Guyana’s Gross Domestic Product (GDP) surpassed expectations. According to the Mid-year report released by the Ministry of Finance, the country recorded a 7.5 per cent growth rate during the reporting period, reflecting continued strong growth in the oil and gas industry, more so considering that the

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