The highly anticipated new Demerara Harbour Bridge, a state-of-the-art four-lane, high-span, cable-stayed structure, is set to be officially inaugurated this Sunday, October 5, 2025, at 5:30 PM. This monumental project, which began in 2022, marks a significant milestone in Guyana’s infrastructure development. President Irfaan Ali will deliver the keynote address at the commissioning ceremony. The bridge, constructed by China Railway Construction (International) Limited at a cost of US$260 million, is designed to enhance the flow of vehicular and vessel traffic, drastically reducing travel time and improving connectivity between Regions Three and Four. It is also expected to bolster the movement of goods and services across the nation, aligning with the government’s broader vision of national transformation. Despite facing several delays and initial resistance, the project adhered to the rigorous standards set by the American Association of State Highway and Transportation Officials (AASHTO), ensuring its safety and reliability. The new Demerara Harbour Bridge stands as a testament to Guyana’s commitment to modernizing its infrastructure and fostering economic growth.
分类： business
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Visitor arrivals to The Bahamas climb 8.5 percent year-to-date
The Bahamas has witnessed an 8.5 percent increase in total visitor arrivals, reaching 7.4 million year-to-date, according to the Central Bank’s latest Monthly Economic and Financial Developments report. This growth was primarily fueled by a 10.5 percent surge in sea passengers, totaling 6.2 million, which compensated for a 1.3 percent drop in air arrivals to 1.1 million. However, July saw a 3.3 percent decline in overall arrivals to 1.1 million visitors, with sea passengers decreasing by 3.8 percent and air traffic slipping 0.9 percent. Regional disparities were evident, as Family Islands experienced a 9.7 percent contraction in arrivals, while Grand Bahama recorded a remarkable 26.1 percent rise, driven by significant increases in both air and sea traffic. Meanwhile, outbound departures from Nassau Airport fell 3.0 percent in August, with U.S. departures declining 5.1 percent and non-U.S. international departures rising 14.5 percent. Short-term vacation rentals also reflected broader tourism trends, with total room nights sold increasing 1.0 percent in August, despite a dip in occupancy rates. Average daily rates (ADR) continued to climb, with entire place listings up 11.8 percent and hotel-comparable listings rising 1.1 percent. Despite localized slowdowns, the tourism sector remains a cornerstone of the Bahamas’ economic growth, supported by robust sea passenger numbers and sustained rental revenue.
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Liberty Caribbean concludes successful North Caribbean Leadership Summit
Liberty Caribbean, the prominent telecommunications provider operating under the Flow and Liberty Business brands, recently wrapped up its North Caribbean Leadership Summit in St. Maarten. The event brought together senior executives and business leaders from key markets, including Anguilla, Antigua & Barbuda, the Cayman Islands, St. Kitts & Nevis, the British Virgin Islands, Turks & Caicos, Montserrat, and St. Maarten. Held at the Sonesta Resort and Conference Centre, the multi-day summit focused on two primary objectives: enhancing customer service excellence and fostering adaptive leadership to ensure sustainable regional growth. Participants collaborated on actionable strategies to leverage connectivity for tangible community benefits, such as improved healthcare, education, and business opportunities. A central theme of the discussions was the importance of people and leadership, with an emphasis on talent development, retention, and a stakeholder-centric approach to meet evolving customer needs. Susanna O’Sullivan, Vice President for the North Caribbean at Liberty Caribbean, highlighted the company’s commitment to empowering communities and enabling economic opportunities. She stated, ‘This summit has produced a clear, actionable roadmap focused on partnerships, operational discipline, and innovation to deliver reliable, future-ready connectivity.’ Over the coming months, Liberty Caribbean will implement the summit’s outcomes across the region, prioritizing initiatives that drive measurable impact and reinforce its role as a trusted partner in digital transformation. With a legacy spanning over 150 years, Liberty Caribbean continues to provide robust networks and tailored solutions, supporting economic growth in an increasingly digital world.
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The AT&LU is considering the creation of a credit union for its members
The Antigua and Barbuda Trades and Labour Union (AT&LU) is exploring the establishment of a credit union to provide its members with greater financial stability amid rising inflation and economic uncertainty. President Bernard de Nully unveiled the initiative during the union’s 86th Annual Conference, emphasizing its potential to address wage violations, inadequate pension payments, and the escalating cost of living. De Nully described the proposal as a dual-purpose strategy: a practical solution to current economic challenges and a means to strengthen solidarity within the labor movement. He stressed the urgency of the plan, stating, ‘The time is now,’ and highlighted how a member-owned financial institution could offer affordable services and support retirement planning. The president also cautioned that Social Security contributions alone would be insufficient to ensure timely pensions in the coming decade, urging delegates to back measures that enhance worker protections and financial security. The credit union proposal was announced alongside recent wage negotiations, including a 14% increase for non-established workers, reflecting the union’s commitment to delivering tangible benefits and exploring innovative support mechanisms for its members.
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Peso Power: Building Local Capital Before Global Capital
The narrative of Dominican startups is frequently misrepresented. Typically, the story begins with a flashy investment from Miami or New York, followed by media attention and photo opportunities. Only then do people question whether the company can truly operate in pesos, withstand tax audits, or assemble a reliable operations team that won’t abandon ship for the next lucrative opportunity. The reality, however, is far more challenging: peso power is not a luxury—it’s the cornerstone of Dominican entrepreneurship. While dollar investments may bring prestige, it’s the peso that ensures survival.
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RfQ: Renovation Works at Maran Propagation Station in St John
The Government of Grenada, in collaboration with the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP), has announced a competitive bidding process for the renovation of the Maran Propagation Station in St. John. This initiative is part of the broader Climate-Resilient Agriculture for Integrated Landscape Management (CRA) Project, aimed at enhancing agricultural sustainability in the face of climate change. The Ministry of Agriculture, Lands and Forestry is inviting eligible contractors to submit quotations for the renovation works. The bidding process follows the Public Procurement Act & Regulations and will be conducted through a Request for Quotations (RFQ) mechanism. Interested contractors can obtain detailed information and necessary documents from Joseph Noel, the Project Focal Point, via email at [email protected]. The RFQ documents, available in English, will be provided in PDF and Word formats. Submissions must include a signed Contractor Quotation Form, a priced Bill of Quantities, and a Technical Proposal. These documents must be delivered in hard copies or via the Central Procurement Unit’s e-procurement platform by 3 pm Eastern Caribbean Time on October 31, 2025. Late submissions will not be considered. This project underscores Grenada’s commitment to fostering climate-resilient agricultural practices and improving infrastructure to support sustainable development.
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For sale: One Rib Craft
Camper & Nicholsons Grenada Services Ltd has officially announced the sale of a 2010 Rib Craft, inviting interested buyers to submit their bids. The vessel, measuring 6.4 meters (21 feet) in length, features a white hull and grey tubes, powered by two 60 HP Yamaha engines running on 4-stroke gasoline. Notably, the outboards require repairs, and the sale is final, with the Rib Craft to be sold ‘as seen.’ The minimum bid has been set at EC$35,000.00, and sealed bids must be submitted to the Human Resource Manager by October 17, 2025. Prospective buyers are encouraged to call 415-0827 to schedule a viewing appointment. Additionally, the purchased Rib Craft must be removed from the PLM site within five days of the sale. NOW Grenada has clarified that it is not responsible for the opinions, statements, or media content presented by contributors and has provided a reporting mechanism for any instances of abuse.
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World Trade Center Georgetown urges entrepreneurs to “Build Local, Think Global, Lead with Resilience”
In a bid to capitalize on Guyana’s unprecedented economic growth, the World Trade Center Georgetown (WTCG) has called upon entrepreneurs to adopt a forward-thinking approach rooted in local development, global outreach, and resilience. This message was delivered by WTCG Executive Director Wesley Kirton during GrowthCLUB #41, a quarterly training session organized by Action COACH and supported by WTCG, Demerara Bank Limited (DBL), and the Institute for Private Enterprise Development (IPED). The event, attended by over 100 entrepreneurs, emphasized the Center’s dedication to bolstering micro, small, and medium-sized enterprises (MSMEs) through strategic training and global networking opportunities. Kirton highlighted the extensive reach of the WTC network, which comprises over 300 centers and more than one million companies worldwide, enabling businesses to expand their trade horizons. He also announced the formal launch of WTC Georgetown, scheduled for October 19–23, 2025, featuring seminars on trade show preparation, financing, and international trade trends. Kirton urged entrepreneurs to embrace three core principles: building locally to meet community needs, thinking globally to leverage digital opportunities, and leading with resilience to overcome challenges. He concluded with a rallying cry for Guyana’s entrepreneurs to create sustainable, future-ready businesses that drive innovation and economic growth.
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Ex-cop charged with attempting to fraudulently withdraw GY$35 million from bank
A former police officer, Omari James, has been charged with four criminal offenses following an alleged attempt to fraudulently withdraw GY$35 million (approximately $170,000 USD) from the Guyana Bank for Trade and Industry (GBTI) Diamond Branch. The 26-year-old laborer, residing in Farm Housing Scheme, East Bank Demerara, appeared before Magistrate Wanda Fortune on Monday, September 29, 2025, and was remanded to prison without bail until October 31, 2025. According to police reports, James entered the bank on September 25, 2025, presenting forged documents, including a national identification card and a driver’s license under the name Shameer Ali, along with a withdrawal slip for the substantial sum. The teller, upon reviewing the documents, noticed discrepancies in the date of birth and photograph compared to the bank’s records, leading to James’s immediate arrest. He faces charges of uttering forged documents and demanding money through fraudulent means. This incident highlights ongoing concerns about financial fraud and the misuse of forged identification in Guyana’s banking sector.
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Forex: $161.22 to one US dollar
KINGSTON, Jamaica — The United States dollar demonstrated a notable uptick in its value against the Jamaican dollar on Tuesday, September 30, closing at $161.22, marking an increase of 17 cents. This development was highlighted in the Bank of Jamaica’s daily exchange trading summary, reflecting the ongoing dynamics in the foreign exchange market. Concurrently, the Canadian dollar also experienced a rise, ending the day at $116.51, up from its previous close of $116.11. Similarly, the British pound saw a significant surge, concluding the trading session at $216.87, compared to $214.99 the day before. These fluctuations underscore the volatile nature of global currency markets and their impact on local economies. The strengthening of major currencies like the US dollar, Canadian dollar, and British pound against the Jamaican dollar could have broader implications for trade, investment, and economic stability in the region.