Nigeria-first Policy Not Aimed At Shutting Out Foreign Investors – BPP

The Bureau of Public Procurement (BPP) says the Federal Government’s Nigeria First policy is designed to promote local businesses without shutting out foreign investors from participating in the nation’s economy. The Director-General of BPP, Dr Adebowale Adedokun, stated this in an interview with the News Agency of Nigeria(NAN) in Abuja on Sunday. Adedokun explained that…

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China Updates Tax Refund Policy For Foreign Tourists

China has updated its tax refund policy for foreign tourists, shifting from a refund-upon-departure policy to a refund-upon-purchase model, the State Taxation Administration (STA) says. The STA said on Tuesday that under the new refund-upon-purchase policy, foreign visitors could instantly claim Value Added Tax (VAT) rebates at tax-free stores. It said the policy would enable…

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Austrian President Urges Foreign Minister To Head Interim Govt

Austrian President, Alexander Van der Bellen, has urged the Foreign Minister, Alexander Schallenberg, to head the interim government after Chancellor Karl Nehammer steps down on Friday. The presidential office made the announcement on Wednesday. “Federal President Van der Bellen will instruct Federal Minister Alexander Schallenberg to continue leading the chancellor’s federal office and head the…

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