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Ivor Bunbury Furniture store manager, two others charged with cocaine possession

Three men today came before city magistrate Leron Daly today, March 23, charged with possession of cocaine at the Cheddi Jagan International Airport for the purpose of trafficking this month. The first of the three- Louie Dublin, a police officer- plead not guilty to the charge that on March 17, he had 558 grammes of …

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Air travel is getting more expensive…one travel agent using exchange rate of GYD$250

Less than 24 hours after a section of the business community expressed concern that Guyana’s exchange rate has plummeted to GYD$230 to US$1.00, the local company representing Dynamic Airways has informed airlines that ticket sales must be calculated at GYD$250. Checks with a number of travel agencies confirmed that Roraima Airways Thursday afternoon informed them …

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Standards Bureau gets $2 billion IDB loan to upgrade labs 

by Gary Eleazar The Guyana National Bureau of Standards (GNBS) has secured a US$9M (G$2B) loan from the Inter-American Development Bank (IDB)—monies the entity intends to put towards the improvement of its testing infrastructure and capacities, across its laboratories countrywide. The disclosure was made today (March 23, 2017)by GNBS Executive Director Candelle Walcott-Bostwick, who was …

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City Hall earns just over GYD$500,000 in two months from parking meters

The Georgetown City Council earned just over  GYD$500,000 in the two months from the now suspended parking meter project, according to Deputy Mayor, Sherod Duncan. He told Demerara Waves Online News that figures coming before City Hall’s Finance Committee show City Hall’s 20 percent take from gross revenue amounted to GYD$127,564 in January and GYD$540,240 …

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Govt announces Board of Directors for new state agency to assist GPL

Cabinet has approved a new Board of Directors for a fresh state agency, the Power Producers & Distributors Incorporated, which is now tasked with operating and maintain Guyana’s power generational facilities, after the contract with Wärtsilä expired some time ago. The new Board includes Mark Bender, Aaron Fraser, Attorney-at-law Ronald Burch-Smith, Chartered Accountant Harriram Parmesar, …

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Parking meter wardens laid off; employment contract provides for no overtime pay

At least 60 parking meter workers are being laid off following the Guyana government’s suspension of the parking meter by-laws for 90 days, prompting concerns about the employment contract. Smart City Solutions’ (SCS) General Manager, Carlos Gochez told workers in a letter dated March 22, 2017 that “we regret to inform you that due to …

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Bulkan’s latest parking meter suspension order doesn’t require City Council’s approval

Minister of Communities, Ronald Bulkan’s latest order that suspends the Georgetown parking meter bylaws does not require City Hall’s approval, in contrast to the previous one that was issued one week ago. The order issued on Tuesday states “the Georgetown Metered Parking By-laws 2017 are suspended for three months commencing 21st March, 2017.” Government wants the 90 …

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Bulkan’s latest parking meter suspension order doesn’t require City Council’s approval

Minister of Communities, Ronald Bulkan’s latest order that suspends the Georgetown parking meter bylaws does not require City Hall’s approval, in contrast to the previous one that was issued one week ago. The order issued on Tuesday states “the Georgetown Metered Parking By-laws 2017 are suspended for three months commencing 21st March, 2017.” Government wants the 90 …

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Manufacturers warn of retrenchment, increased prices due to further devaluation of Guyana dollar – Demerara Waves

Demerara WavesManufacturers warn of retrenchment, increased prices due to further devaluation of Guyana dollarDemerara WavesAs the value of the Guyana dollar continues to deteriorate from GYD$215 to US$1.00 to as much as GYD$230 in the last few weeks, ...

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