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USA
Business: CS Rotich backs direct US flights to boost tourist numbers
The CS was, however, quick to add that more still needs to be done by Kenyan authorities before the first non-stop flight to US airports.
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Kenya
Business: Huduma centres get thumbs up for transparency
Public Service, Youth and Gender Affairs Cabinet Secretary Sicily Kariuki said the concept has also contributed to the recent World Bank ranking that put Kenya at position 92 globally in the Ease of Doing Business Index.
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Kenya
Business: Logistics firm eyes bigger market with Kenya entry
The firm provides customers with a broad range of services with flexible pick-up and delivery times. It started with freight forwarding before expanding into contract logistics and will now offer small packages delivery.
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Turchia
Turkish law eliminating VAT for foreign property buyers raises sector’s hopes for future sales
Turkey’s property sector has welcomed a new law that allows the introduction of value-added tax (VAT) exemption for foreigners who make real estate investments in the country, speculating that the sales to foreigners would soar.
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Grecia
No debt relief for Greece, Germany’s deputy minister says
Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans, Germany’s deputy finance minister said in an interview broadcast on Feb. 26, reiterating the German government’s opposition to debt relief for Athens.
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USA
Mexico vows to impose tariffs if Trump presses wall payment
Mexico’s foreign minister has warned the United States that his country will impose tariffs on U.S. products if President Donald Trump taxes Mexican imports to finance a border wall.
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Turchia
Turkey’s Sabancı Holding to invest $1.3 bln in 2017
Turkish conglomerate Sabancı Holding has plans to make 4.5 billion Turkish Liras worth ($1.25 billion) of investments in 2017, the group’s CEO said Feb. 26.
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Turchia Grecia
Turkish FM says Greece should not try Turkey’s patience, calls counterpart ‘spoiled child’
Foreign Minister Mevlüt Çavuşoğlu has warned Greece not to try the country’s patience amid fresh tension between the two countries over remarks by Greek Foreign Minister Nicos Kotzias, which he described as “provocative.”
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Kenya
Crowne Plaza Hotel owner builds 10-floor annexe for business travellers
The owner of Crowne Plaza Hotel in Nairobi has built a Sh5 billion mixed-use property offering office space and accommodation.
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Giappone
Engel’s food gauge hit 29-year high in 2016, signalling drop in Japanese wealth
Partly reflecting changes in Japan’s social structure, the Engel’s coefficient, or the portion of household income spent on food, hit a 29-year high last year. The post Engel’s food gauge hit 29-year high in 2016, signalling drop in Japanese wealth appeared first on The Japan Times.