GEORGETOWN, Guyana, CMC –The Spanish oil exploration firm, REPSOL, Tuesday signed a new oil exploration concession offshore agreement with Guyana. President Donald Ramotar and REPSOL’s director, Jose A. Murillas signed the four year prospecting license for the 6,525 square kilometer conc...

GEORGETOWN, Guyana, CMC – The World Wildlife Fund (WWF) is assisting Guyana in building capacity in environmental management of the gold mining sector. The WWF has provided a GUY$12 million (One Guyana Dollar = US$0.01 cents) cheque to the Ministry of Natural Resources and the Environment as p...

GEORGETOWN, Guyana – At the beginning of this month, the Executive Board of the International Monetary Fund (IMF) approved new funding arrangements to help stabilize the Jamaican economy and put it on a path to economic growth. The negotiation of the funds, a so-called Extended Fund Facility (...

GEORGETOWN, Guyana, CMC – The Guyana government is seeking support for the passage of amendments to the Anti-Money Laundering and Financing of Terrorism Act, warning it is in the country’s interest and should supersede political interest. Attorney General and Legal Affairs Minister, Anil...

GEORGETOWN, Guyana, CMC – Guyana will host a multi-stakeholder consultation on Tuesday in preparation for the Third International Conference on Small Island Developing States (SIDS). Adviser to the President on Sustainable Development, Science and Technology, Navin Chandarpal, says participant...

The Organisation of Amercan States (OAS) Secretariat through the Caribbean Sustainable Energy Program (CSEP) and the Energy Efficiency Working Group of the Energy and Climate Partnership of the Americas (ECPA), hosted a workshop on energy efficiency designs for office and public buildings in tropica...

The Governments of the Republic of Trinidad and Tobago and the Cooperative Republic of Guyana on 1 March 2013 signed a Memorandum of Understanding between both countries that seeks to promote greater cooperation in energy and energy related matters over the next two years. Under the MoU, both par...

GEORGETOWN, Guyana - Brazil’s ambassador to the World Trade Organisation (WTO), Roberto Azevêdo, is to be approved by acclamation, as the Geneva-based organisation’s new director-general, at next Tuesday’s meeting of its general council. Dr Azevêdo is only the WTO’s second leader from the developing...

GEORGETOWN, Guyana, CMC – A survey conducted by the Georgetown Chamber of Commerce and Industry (GCCI) has found that the multi-million dollar Marriott Hotel is not considered a priority by business groups even though the Donald Ramotar government says it is among the flagship projects in Guya...

THE South American country of Guyana is trying to decide what to do with a large quantity of gold it bought from local miners when demand was high. President Donald Ramotar said Saturday that he will meet with advisers to determine when it's best to sell the gold following a recent fall in price...