In a landmark move, Japanese travel retailer Fa-So-La Duty Free is set to open arrivals duty free shops at Tokyo Narita International Airport terminals 1,2 and 3. Currently under construction, two shops – Fa-So-La Arrival Duty Free North and Fa-So-La Arrival Duty Free South – will open in Terminal 2 in early September, with further … Read More →
The impending goods and services tax (GST) is forcing jewellers to replace unaccounted inventory with stocks they can show on their books. Once GST is implemented on July 1, jewellers will have to declare stocks and all subsequent sales will be at the new tax rates. Jewellers are selling old jewellery for cash or managing … Read More →