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From left: GFC’s Commissioner James Singh, Chairperson of the board Jocelyn Dow  and David Singh,  Vice President, Conservation International at the press conference. (Department of Public Information photo)
From left: GFC’s Commissioner James Singh, Chairperson of the board Jocelyn Dow  and David Singh,  Vice President, Conservation International at the press conference. (Department of Public Information photo)

Baishanlin owes GFC $80M

Baishanlin still owes the Guyana Forestry Commission (GFC) some $80 million, according to Commissioner of Forests James Singh, who also says that claims about the company illegally logging at one of the concessions it previously owned are false.

Duty-free provisions for ExxonMobil were same as for CGX

Guyana’s Petroleum Agreement with ExxonMobil grants the oil giant a multitude of tax concessions including the right to import duty-free, in excess of 300 pieces of “equipment and supplies required for Petroleum Operations”, these same concessions had been given the Canadian oil explorer, CGX under the updated agreement signed in 2013.

What the building will look like. (DPI photo)

Finance Ministry to get $228M annex

The Ministry of Finance is set to construct a new multimillion-dollar annex at the site of the former sports club of the Guyana National Cooperative Bank (GNCB), on Winter Place and Croal Street in Georgetown, according to the Department of Public Information (DPI).

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