GEORGETOWN, Guyana (CMC) – The Guyana Government says the balance of the petroleum revenues paid to the National resource Fund (NRF) at the end of last month now stands at US$1.465 billion. A…
Category: Business & Economy
Government gets new partner in Jamalco
COME May the Government will have a new partner in the Halse Hall, Clarendon-based Jamalco alumina refinery as its current partner the Noble Group has reached an agreement to sell its stake. A…
Tourism booms in Jamaica after pandemic, overwhelms airport
The number of tourists flocking to Jamaica’s sun-drenched beaches soared nearly 100 per cent in the first three months of the year, causing long queues and hours-long waits for arriving passengers at the…
Jamaica airports reap $29b in revenue
The two largest airports in Jamaica generated combined revenue of 3.5 billion Mexican pesos in 2022 for the Mexico-based Pacific Airport Group, GAP, which manages them. The flows translated to about US$195 million…
JN wallet not ready for remittances
In a new update on its upcoming digital wallet, the Jamaica National Group said JN Pay will roll out by mid-year but won’t offer remittances right away. The app is being developed by…
SLB launches phase two of loan management system
The Students’ Loan Bureau, SLB, is moving on to the second phase rollout of a loan management system that’s intended to reduce the turnaround time on the processing of loan applications. Usually, it…
Fishing licence renewals falter but new permits climb
The renewal of fisheries licences hovered at a low 20 per cent last year, a new report from the National Fisheries Authority shows, despite efforts by the Government to get more fishers into…
Google senior exec set to inspire at Flow’s Girls in ICT Day Expo
Senior Product Manager for the world’s most famous search engine, Natalie Bennett from Google, is set to inspire the next generation of females in tech at Flow’s Girls in ICT Day Expo. The…
UN: By month end, India population to be world’s largest
India will be the world’s most populous country by the end of April, eclipsing an ageing China, the United Nations said Monday. The milestone raises questions about whether India can repeat the economic…
Kingston Wharves announces key management appointments
KINGSTON Wharves has announced two key management appointments. Rodrigo Olea has been appointed chief operations officer, terminal division; and Valrie Campbell has been appointed general manager for group operations. The latest assignments are…