New daily launched

President Bharrat Jagdeo (centre) speaking with retired Major General Norman McLean (left) and other persons during the launch of the Guyana Times at Le Meridien Pegasus last night.

-President bristles over concessions remark

Employees of the Guyana Times with the newspaper at the launching last night at Le Meridien Pegasus Hotel. (Sara Bharrat photo) The Guyana Times, the nation’s latest daily publication, was last night launched amidst much fanfare in a crowded room at Le Meridien Pegasus.

But sparks flew after President Bharrat Jagdeo took on a leading businessman who suggested that the breaks extended to the newspaper’s principals who gained tax holidays for textile and pharmaceutical ventures should be granted to others. The total investment is around US$30M.