Business

When an individual wants to buy or sell a stock, they must communicate certain information to a broker.

An experienced marketing manager with more than 40 years of service in the public and private sectors has launched a private consultancy which he says seeks to revisit the concept of marketing as a business tool in order to enable business houses to utilize marketing to greater advantage.

(Prepared by the Guyana marketing Corporation and published by Stabroek News Business as a public service)

There used to be a time not so many years ago when much of what was consumed at Christmas was imported into the country from overseas.

Farfan and Mendes has concluded the installation of solar-powered home lighting systems in 12 interior villages and is on schedule to complete installation of similar facilities in six other villages before year end, under a $240M Inter American Develop-ment Bank Project.

High electricity costs, inadequate incentives for manufacturers investing in new technology and lack of access to investment funding and trade financing are among the obstacles to the growth of Guyana’s manufacturing and services sector, according to President of the Guyana Manufacturing and Services Association (GMSA) Clinton Williams.

Up until now the Caribbean Community (CARICOM) has seemingly not learnt many of the lessons of their continually spiralling food import bill and what appears to be the certainty of further increases in the prices of heavily consumed imported foods.

Business Model What do the Bank of Baroda, the Bank of Nova Scotia and Republic Bank have in common, besides being foreign-owned? 

Second Instalment In order to enhance public knowledge of the financial services industry and its significance to the economy, Stabroek Business has agreed to partner with the Guyana Association of Securities companies Intermediaries Incorporated (the Guyana Stock Exchange) to publish a series of articles on the subject.

A training model for owners of small and medium-sized enterprises (SME) developed and successfully applied by EMPRETEC-Guyana in communities across the country is to be shared with small business representatives from several countries when UNCTAD/EMPRETEC stages its 2010 International Directors Meeting in Brasilia later this month.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 385’s trading results showed consideration of $1,919,024 from 127,306 shares traded in 12 transactions as compared to session 384 which showed consideration of $595,143 from 21,547 shares traded in 8 transactions. 

Business Cartoon

The Guyana Revenue Authority, according to reports, will shortly be moving to sell by auction or dispose of by dumping a quantity of want of entry (unclaimed) cargo, which has been lying on local wharves for several years.

Stabroek Business has learnt that four local companies have been named in the recently completed draft telecommunications Bill 2010 as entities that will be licensed to provide services under the deregulated telecommunications regime once the Act is passed into law.

It is by no means an overstatement to say that the refusal by the Ministry of Health to secure drugs for state institutions through public tender rather than persist with its sole-sourcing method that basically puts public funds into the pocket of the Guyana Pharmaceutical Corporation (GPC) without the company having to do much more than simply go out an acquire the drugs is highly improper.

Experience As a country with a strong agricultural focus and capacity, Guyana should be making every effort to develop its agro-processing industry. 

In order to enhance public knowledge of the financial services industry and its significance to the economy, Stabroek Business has agreed to partner with the Guyana Association of Securities companies Intermediaries Incor-porated (the Guyana Stock Exchange) to publish a series of articles on the subject.

The Institute of Private Enterprise Develop-ment (IPED) and the Inter American Investment Corporation (IIC) are partnering to deliver a training and technical assistance programme aimed at helping small and medium-sized enterprises (SMEs) in Guyana to enhance their competitiveness abroad.