Recent Posts

Fiji Airways orders five new Boeing 737s

  Suva / AFP Fiji Airways announced on Wednesday it had ordered five new Boeing 737s — reportedly worth $470 million — as part of a fleet upgrade programme at the Pacific nation’s flag carrier. The airline said it would take delivery of two Boeing 737 MAX 8 aircraft next year and three more in 2018 to replace five earlier-model ...

Read More »

Mastercard, Visa poised to reap spoils of India’s war on cash

  Bloomberg India’s war on cash has at least two likely victors: Visa Inc. and Mastercard Inc. The world’s largest payment networks will see a surge in transactions and cardholders after the Indian government’s decision this month to remove high-denomination bills from circulation, according to analysts who cover the companies. The two networks have been pushing for this kind of ...

Read More »

Long bank queues in India? There’s an app for that!

  New Delhi / AFP Huge bank queues have become an ubiquitous sight across India after the government suddenly withdrew the two highest denomination notes from circulation two weeks ago — but now you can hire-a-queuer online. New Delhi-based startup BookMyChotu — a play on the Hindi word “chotu” meaning “little one” — is cashing in on the cash crunch, ...

Read More »
Send this to a friend