Near US$5M Chinese grant for Suriname

(de Ware Tijd) PARAMARIBO – Suriname will soon get a US$ 4.8 million grant from China in the framework of strengthening cooperation between both countries. An agreement on economic and technical cooperation will be signed, stipulating the projects on which the grant is to be spent. The signing takes place during an official working visit by Chinese Vice Minister of Trade and Industry Zhong Shan. He heads a Chinese delegation currently visiting the region, with an itinerary that also includes Mexico, Brazil, Guyana and Trinidad & Tobago. The visit to Suriname is scheduled for 29 February through 2 March, the Ministry of Foreign Affairs announces in a press release. During the visit, items on the agenda will include cooperation in the area of infrastructure and development of natural resources. Investments, avoiding double taxation and abolishing visa requirements for holders of government or diplomatic passports will also be discussed.


Bollywood star Sridevi passes away

(BBC) Bollywood superstar Sridevi has died after a cardiac arrest, her family says.

Greenidge to head delegation to CARICOM summit

President David Granger will not be attending the Twenty-Ninth Inter-sessional Meeting of The Conference of Heads of Government of the Caribbean Community (CARICOM) in Haiti beginning on Monday.

Dozens lose homes in Plaisance mystery fire

Mashramani celebrations ground to halt for several families yesterday afternoon, when approximately 30 persons lost their homes after a fire of unknown origin ripped through three Victoria Road, Plaisance properties, including an apartment building.

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US$3M settlement for outstanding GTT shares payment not finalised

Minister of State Joseph Harmon says that the US$3 million settlement offer made by Hong Kong Golden Telecom Limited (HKGT) on the outstanding balance for its purchase of government shares in the Guyana Telephone and Telegraph Company (GTT) is being actively considered, but the government’s goal is to recover the entire US$5 million that is owed.

Jagdeo questions planned borrowing for sugar estates, revised targets

Opposition Leader Bharrat Jagdeo on Thursday criticised government and Minister of Finance Winston Jordan on the heels of the announced plan to borrow cash from local banks to reopen two sugar estates and to fund critical current and capital Guyana Sugar Corporation (GuySuCo) programmes.

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