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Tourist VAT refund law touted for ‘multiplier effect’
FINANCE Secretary Ralph G. Recto said the law offering value-added tax (VAT) refunds for tourists will have a multiplier effect on the economy equivalent to nearly double actual visitor spending. Mr.
Hong Kong Sevens, Art Basel no match for Taylor Swift’s economic power: experts
City’s ‘Super March’ of mega-events will give the economy a lift but won’t be able to generate ‘Taylor Swift effect’, ...