DFNIonline.com, 21 Jul 2009
Tax Free World Association (TFWA) has decided to close its administrative office in Singapore and re-allocate the costs of maintaining it to “improving the commercial coverage of the region”. The association said in a statement that it had carried out a detailed re-evaluation of how it served the Asia/Pacific region, with the results discussed by the TFWA Management Committee at its June meeting.
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