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Citizens Bank's profit soars despite losing half a billion, increased overhead costs - Chairman's Report

Despite writing-off in excess of half a billion dollars in bad or non-performing loans, compounded by an 18 percent increase in its overhead operating cost, up to $1.2B, Citizens Bank, has still managed to increase its after-tax profits by as much as 22 percent, to in excess of $1B. ....

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The President is pointing the finger in the wrong direction

The President is pointing the finger in the wrong direction
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Iron out everything now and at least one week before PNCR elections

Our supporters and Guyanese in general at home and abroad need to hear from us in simple language. They want us to be very clear and direct with the narrative we give to them. But most importantly their greater concern is to see a united PNCR after party elections are held next month. ....

Mohamed-irfaan-ali , Sector-commission , Private-sector-commission , President-ali ,

The poor and education in this country

A few years ago, Guyana came onto the international scene as one of the fastest-growing economies in the developing world due to its oil and petroleum discovery. As a result, the country is making investments in infrastructure, healthcare, and education. A few months ago also, the President of Brazil visited Guyana and expressed hope that the government would effectively balance investments in these sectors with improvements in the quality of life for its citizens. This statement came at a time when teachers had been and continue to be on a countrywide strike demanding higher salaries. ....

Mohamed-irfaan-ali , Sector-commission , Private-sector-commission , President-ali ,

Komal Singh re-elected Chairman of Private Sector Commission

The Private Sector Commission (PSC) held its 32nd Annual General Meeting (AGM) on Wednesday, May 24, 2024, at the Marriott Hotel, Georgetown, Guyana. As ....

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