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BUSINESS

PGA Tour, LIV backers drop no-poaching clause from deal

AFP, Published on 14/07/2023

» MIAMI - The PGA Tour and the Saudi Public Investment Fund have dropped a provision from their framework agreement that barred LIV Golf and the Tour from recruiting each other's players, the PGA Tour confirmed Thursday.

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BUSINESS

Malaysia PM to meet virtually with Elon Musk by week’s end

Published on 10/07/2023

» Malaysian Prime Minister Anwar Ibrahim will hold a virtual meeting Tesla Inc’s Chief Executive Officer Elon Musk by the end of this week, according to Trade Minister Zafrul Aziz.

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BUSINESS

How to ensure AI increases productivity and effectiveness

Published on 10/07/2023

» Like many, I am developing an increasing fascination and liking for AI. I have been experimenting with it in my work, and it has transformed how I do many things. Using AI tools has helped me get things done quickly and has been a godsend in freeing up my time for more important things.

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BUSINESS

Thai tourists head to France despite riots

Business, Molpasorn Shoowong, Published on 04/07/2023

» Outbound tourism operators say there have been no cancellations among tour groups scheduled to travel to France, despite riots taking place in major cities, as these tourists have already paid for their holidays.

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BUSINESS

Customs urged to speed up clearance process

Business, Wichit Chantanusornsiri, Published on 03/07/2023

» Finance Minister Arkhom Termpittayapaisith has urged the Customs Department to expedite the customs clearance procedures for exports and imports, particularly those pertaining to the automotive industry.

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BUSINESS

Stark mulls major moves to retain listed status

Business, Nareerat Wiriyapong, Published on 30/06/2023

» Financially ailing Stark Corporation is considering filing for court-supervised capital and debt restructuring, divesting shares in non-core subsidiaries, and increasing registered capital in order to retain its status as a listed company.

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BUSINESS

Thai stock index remains low amid foreign sell-off

Business, Nareerat Wiriyapong, Published on 24/06/2023

» The Stock Exchange of Thailand (SET) index slipped below 1,500 points in early trading hours yesterday, then traded near the 1,500-point mark for most of the day as foreigners continued to sell Thai shares amid interest rate hikes and political uncertainty.

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BUSINESS

Former Thai National Shippers’ Council (TNSC) pointed out that foreign private entities are afraid of business problems so they have to pay bribes to Thai officials

Published on 12/06/2023

» Former Thai National Shippers’ Council (TNSC) chairman identified small private sectors that are not strong must submit to pay bribes in exchange for convenience, including not being targeted or nitpicked.

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BUSINESS

Asian equities gain on hopes for Fed pause

Business, Published on 10/06/2023

» RECAP: Most Asia-Pacific equity markets rose on Friday to their highest level since mid-February, taking cues from an overnight Wall Street rally as bets firmed that the US Federal Reserve would not raise interest rates next week.

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BUSINESS

Isuzu denies planning to move plant to Indonesia

Published on 08/06/2023

» TOKYO: The Japanese automaker Isuzu Motors on Thursday said it was not planning to move a factory from Thailand to Indonesia, a day after the Indonesian industry minister said the company would do so.