AGP Executive Report
Last update: an hour agoAviation & Logistics: Canadian cargo airline Cargojet Airways will start weekly non-scheduled cargo flights to Guyana on June 12 for DHL Express USA, using the Miami–Caracas–Georgetown–Medellin route, as air cargo volumes nearly doubled from 2020 to 2025. Energy & Oil Sector: ExxonMobil Guyana says it recorded US$5.7B gross profit in 2025, driven by higher output from the One Guyana FPSO, and is seeking approval to lift production by 30,000 bpd. Public Health & Industry Support: Martinique says it can supply Guyana with radioactive drugs for certain cancers, supporting local oncology care. Local Infrastructure: Carifesta Avenue Road rehabilitation is progressing, with major drainage and lane-widening works in both phases. Housing & Social Services: Government is moving to build a daycare centre for prison officers’ children, with bids invited. Agribusiness: Guyana and the Dominican Republic plan to expand mango and avocado production with technical support. Finance & SME Debate: Former ambassador Dr. C. Kenrick Hunte warns the proposed Guyana Development Bank could become a welfare-style lender if loans are allowed without collateral or interest. Labour & Power Project Pressure: Wales Gas-to-Energy bus drivers protest unpaid salaries, alleging threats tied to speaking out. Safety & Fire Services: NPTAB awarded $329.5M for new fire stations in Regions 5 and 6. Global Macro Headline: The World Bank warns Middle East conflict could drag global growth to the slowest pace since COVID, with higher energy prices and borrowing costs.
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