Press Release: GMSA Elects New Board of Directors for 2024/2025
Georgetown, Guyana, May 2, 2024: The Guyana Manufacturing and Services Association (GMSA) is delighted to announce the successful election of its new Board of Directors for the term 2024/2025. The association’s Annual General Meeting (AGM), conducted in two parts, saw the re-election of the incumbent President and the appointment of key leadership positions within the organization. On...Read More
GMSA calls for tax-free overtime work
CLICK HERE TO READ ORIGINAL ARTICLEThe Guyana Manufacturing and Services Association (GMSA) wants overtime work to be tax-free along with the removal of property tax and VAT on locally-produced products among other measures to “create a robust foundation for economic growth”.These measures were proposed to the Government during consultations on the 2024 National Budget and included in the...Read More
Guyana’s services sector surpassed $500B in 2023 – GMSA Annual Report
CLICK HERE TO READ ORIGINAL ARTICLEThe services industry plays a pivotal role in the Guyanese economy, generating over $500 billion and expanding by 10 per cent in 2023 when compared to 2022. This sector contributes 13 per cent to GDP and over 41 per cent to non-oil GDP. This was revealed in the Guyana Marketing and Services Association (GMSA) Annual Report for 2023. The report was released on...Read More
Guyana’s manufacturing sector records highest growth in history
CLICK HERE TO READ THE ORIGINAL ARTICLEThe manufacturing sector in Guyana experienced tremendous growth in 2023, generating $70 billion for the year. This marks a 25 per cent increase from $56.3 billion in 2022.This was revealed in the 2023 Annual Report of the Guyana Manufacturing and Services Association (GMSA).This performance, the highest recorded to date, reflects a shifting dynamic...Read More
Press Release: GMSA and Ernst & Young Services Limited Join Forces to Prepare Businesses for Regulatory Changes, Ahead of Guyana’s Data Protection Act
Georgetown, Guyana, January 19, 2024 – The Guyana Manufacturing & Services Association (GMSA) collaborated with Ernst & Young Services Limited on Thursday, January 18, 2024, to host an enlightening event centred around data privacy. The interactive session, facilitated by key players in technology consulting and global compliance from Ernst & Young (EY), aimed to prepare...Read More