Coverage of the International Energy Conference and Expo 2023. February 17, 2023 By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com Guyana opened its doors to the International Energy Conference and Expo 2023 this week…
Category: GUYANA
The African market has the biggest opportunities for black people!
By: Staff Writer January 28, 2023 A British/Guyanese tea manufacturer sets his eyes on the African continent for the further growth of his tea empire, truly taking it global. Mark…
GUYANA SELLS $750M IN CARBON CREDITS
By Kimberly Ramkhalawan December 9, 2022 kramkhalawan@caribmagplus.com In what is being hailed as a historic move for the country of Guyana, even as it is on the cusp of becoming…
Costa Rica and Guyana lead region in FDI says ECLAC
By: Staff Writer December 6, 2022 The Economic Commission for Latin America and the Caribbean (ECLAC) in its latest Foreign Direct Investment Report for Latin America and the Caribbean (LAC)…
Can Guyanese diaspora fill labour shortages?
December 2, 2022 Guyana was recently reported to have the highest percentage of diaspora in the world. However, with some international organizations projecting that the nation will face a labour…
IDB Invest Supports Guyana Port’s Development Through the Purchase of First Mobile Harbor Crane
November 25, 2022 The High-Level Group appointed by the Permanent Council of the Organization of American States (OAS) to analyze the situation in Peru, today concluded its interviews in the…
Exxon finds more oil in Guyana
By: News America Now November 1, 2022 ExxonMobil keeps on rolling in the oil in the South American CARICOM nation of Guyana. The company announced two discoveries at the Sailfin-1…
Providing better access to water in the Caribbean is a priority!
By: Staff Writer October 25, 2022 Access to clean, potable water for the Caribbean is a top priority as one country admits that approximately one third of their population can…
IMF Executive Board Concludes 2022 Article IV Consultation with Guyana
September 30, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guyana. Following the pandemic-induced recession in 2020, and protracted political transition, non-oil…
Country Report No. 2022/317 : Guyana: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
September 30, 2022 Following the pandemic-induced recession in 2020, economic growth recovered in 2021, with non-oil GDP growth reaching 4.6 percent, despite being negatively impacted by floods. Inflation increased markedly…
Guyana Poised To Break $1BN In Oil And Gas Revenue This Year
August 2, 2022 Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022. Guyana may see $7.5 billion in annual oil and gas revenues by 2030.…
ExxonMobil makes two more discoveries offshore Guyana
July 26, 2022 ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru…