The Guyana Manufacturing and Services Association (GMSA) has welcomed new export incentives announced in the 2026 National Budget, describing them as a timely measure to support local manufacturers. GMSA’s President Rafeek Khan said export incentives have long been advocated by the Association and welcomed the government’s decision to act on the proposal. These export incentives will help cushion some of the additional costs manufacturers are having to pass on to consumers for the export market,” he said. SHIPPING WOES REMAINMeanwhile, GMSA’s Vice President, Ramsay Ali said shipping costs remain one of the most serious challenges facing local businesses. As a result, shipping costs have climbed sharply, nearly returning to post-COVID costs.