ocr: FASHION ture is being expanded to facilitate operations for lo- cal and international deal ers. Many in the industry also think that the addi- tional infrastructure will be necessary to accommodate an anticipated, albeit artifi- cial, spurt in the industry in 1997, when many inves- tors may scramble from an uncertain situation in Hong Kong to a more stable one ungarc in Bangkok. Perhaps the only per- ceived flaw in Thailand's otherwise sparkling dia- mond industry is the 7 per cent value-added tax (VAT) introducedinJanuary 1992. Aside from indirectly put- ting many locals out of - - work, the ...
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