Business

Barbados implements fee on foreign purchases and payments using credit cards

Wednesday, August, 30 2017    

BRIDGETOWN, Barbados (CMC) — The Central Bank of Barbados (CBB) Monday said that a two per cent fee on foreign purchases and payments made using credit, debit and travel cards goes into effect from Friday, September 1. Read More

Brazil threatens to nix Total's Amazon oil-drilling bid

Wednesday, August, 30 2017    

RIO DE JANEIRO, Brazil (AFP) — Brazil is threatening to turn down Total's bid to drill in the mouth of the Amazon river, saying the French oil giant has not allayed concerns over its ability to protect a huge offshore coral reef. Read More

Hardy Zimbabwean take on Nigeria's challenges

Wednesday, August, 30 2017    

ILORIN, Nigeria (AFP) — Farming in Nigeria is not for the fain-thearted. Read More

Nigeria seizes US$21m from ex-oil minister

Wednesday, August, 30 2017    

LAGOS, Nigeria (AFP) — A Nigerian court seized US$21 million on Monday from bank accounts linked to a former oil minister accused of corruption as investigators continue to claw back her fortune. Read More

New York City hikes price of pack of cigarettes to US$13, highest in US

Wednesday, August, 30 2017    

NEW YORK, United States (AP) — The price of a pack of cigarettes in New York City is going up — to at least US$13 ($1700) — and the number of places you can buy them is going down under legislation signed Monday by the mayor. Read More

An odd trend in wheat country: not much wheat

Wednesday, August, 30 2017    

DES MOINES, United States (AP) — An odd thing has happened in wheat country — a lot of farmers aren't planting wheat. Read More

US judge nixes lawsuits on Parmesan cheese labels

Wednesday, August, 30 2017    

NEW YORK, United States (AFP) — A lawsuit accusing food companies and retailers of hoodwinking consumers over claims of “100 per cent” grated Parmesan cheese took a major hit Thursday when a US federal judge dismissed the complaint. Read More

Equatorial Guinea demands 73m euros from Total over 'fraud'

Wednesday, August, 30 2017    

MALABO, Equatorial Guinea (AFP) — Equatorial Guinea said Monday it has demanded 73 million euros from French oil giant Total over “fraud” in fuel sales made between 2010 and 2012. Read More

Shaw wants speedy introduction of single-digit interest rates

BY BALFORD HENRY Senior staff reporter | Monday, August, 28 2017    

Minister of Finance and the Public Service Audley Shaw says that the Government's successful intervention in the local and international bonds market last week should encourage local financial institutions to reduce interest rates much faster. Read More

Feasibility survey reveals little gov't interest in allowing Diaspora to vote

BY KARENA BENNETT Business reporter bennettk@jamaicaobserver.co | Sunday, August, 27 2017    

It seems the Government of Jamaica (GOJ) has rejected calls to allow Jamaicans living overseas to vote in upcoming general elections — based on a feasibility survey issued to members of the Diaspora recently. Read More

Experts marvel at oversubscription of gov't bond issue — Shaw

BY BALFORD HENRY Senior staff reporter balfordh@jamaicaobserver.com | Sunday, August, 27 2017    

Minister of Finance and the Public Service Audley Shaw says that market analysts have marvelled at the high level of oversubscription of the Government's most recent external bond issue. Read More

The Big Unwind

BY EUGENE STANLEY | Sunday, August, 27 2017    

How did we get there? Read More

How many of your talents are you not using?

Dennise Williams | Sunday, August, 27 2017    

Many of us will be familiar with the parable of the talents told by Jesus. Three people were given three different amounts of talents. Read More

Samsung Note 8 for Jamaican launch on September 29

BY HANNIFFA PATTERSON Business reporter pattersonh@jamaicaobserver.com | Sunday, August, 27 2017    

The Samsung 8 has arrived. The August 23 launch in New York was streamed to journalists, bloggers and influencers worldwide.But the launch in Jamaica is not far behind, and should take place before the end of next month. Read More

Termites in WICHON home send owner scurrying

Claudienne Edwards | Sunday, August, 27 2017    

Dear Claudienne,I write seeking your assistance regarding a home I purchased in November 2014, in the Jacaranda scheme in St Catherine. Read More



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