Home' Trinidad and Tobago Guardian : June 6th 2016 Contents A18
Guardian www.guardian.co.tt Monday, June 6, 2016
Dear Valued Customers,
Effective 1st February, 2016 there will be a 12.5 % added VAT on
the Soursop Drink, Peanut Punch, Pineapple Drink, Orange Drink
and Mauby Drink, the Cow's Milk will remain zero- rated.
Revised Price List
Effective 1st February, 2016
16 fl oz Pasteurised Cow's Milk (Z.R.)
12.5. % Vat Products
16 fl oz Pasteurised Soursop Drink
8 fl oz Pasteurised Peanut-Punch
16 fl oz Pasteurised Peanut-Punch
8 fl oz Pasteurised Pineapple Drink
16 fl oz Pasteurised Pineapple Drink
8 fl oz Pasteurised Orange Drink
16 fl oz Pasteurised Orange Drink
16 fl oz Pasteurised Mauby Drink
We thank you for your kind co-operation for selling
at the above prices.
We at Ramsaran's Dairy Products provides you with healthy drinks served in specially designed pure paperboard cartons which is
sanitary, environmentally friendly and biodegradable drink from our paperboard cartons rather than plastic and styrofoam containers
for a healthier longer life style. Try our creamy, smooth delicious pasteurized homogenized Peanut Punch and Sour-sop milk drinks it's
carefully crafted for your enjoyment not forgetting our Fresh Pasteurized Cow's milk, Orange, Pineapple and Mauby drinks.
For sales and services contact us at 640-3836/298-7945 or
Email us at firstname.lastname@example.org
NEW YORK---With oddsmakers
all but pulling a summer rate hike
off the table after a terrible US
jobs report and a wash of other
disheartening economic data, the
nation s biggest banks took pum-
meling from investors.
The financial sector has been
waiting seven years for the Federal
Reserve to increase the short-term
interest rates substantially, which
allows banks to follow with higher
rates for borrowing. The Fed raised
rates at the end of last year, but
The report from the Labour
Department on Friday, showing
that there was a drastic slowdown
in hiring by US employers in May,
rewrote the story many had
expected to unfurl later this month
and in July when the Fed meets.
Financials were the biggest
decliner by far of the ten Standard
& Poor s sectors Friday, with the
biggest banks leading the way
Bank of America Corp took the
biggest tumble in midday trading,
down 4.2 per cent. Shares of Cit-
igroup Inc also traded down more
than four per cent as CEO Mike
Corbat suggested second-quarter
earnings would drop 25 per cent
from the same period last year.
JPMorgan Chase & Co and Wells
Fargo & Co both tumbled more
than two per cent on the heels of
the dismal jobs report.
Just a couple of weeks ago, bank
stocks surged as Fed officials hinted
that an increase in June was likely.
However, the US added just 38,000
jobs in May, the fewest in more
than five years. The Institute for
Supply Management followed with
a report showing that US services
firms grew at the slowest pace in
more than two years last month.
The Commerce Department
reported that a key category that
tracks business investment plans
fell, and also that US trade deficit,
after falling to the lowest point in
more than two years, increased in
April as a surge in imported goods
outpaced a rebound in exports.
Regional banks also took a hit.
BB&T Corp and KeyCorp. both
fell about three per cent while
Regions Financial Corp. traded
down four per cent.
It became clear before noon Fri-
day that investors were fleeing
stocks in financial companies and
the majority of other sectors as
well, in favour of the safety of
The yield on ten and 30-year
Treasury notes fell to levels not
seen in weeks as investors scattered
for cover. (AP)
Big banks, waiting years for
rate hike, get pummelled
In this October 8, 2014 photo, American flags fly in front of the New York Stock Exchange, in New York. With
oddsmakers all but pulling a summer rate hike off the table after a terrible US jobs report and a wash of
other disheartening economic data, the nation's biggest banks took pummelling from investors on June 3.
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