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BUSINESS

Centel targets growth amid uncertainty

Business, Darana Chudasri, Published on 30/11/2016

» SET-listed Central Plaza Hotel (Centel) has set a conservative target of 4% revenue growth next year and is shifting its focus to profitability improvement through financial cost management.

BUSINESS

BoT seeks centre to tackle banks' unsecured NPLs

Business, Published on 30/11/2016

» The Bank of Thailand (BoT) wants to set up a centre to address commercial lenders' unsecured loans that have turned sour in an attempt to lower bad debts.

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BUSINESS

Buriram Sugar ready for new investors

Business, Post Reporters, Published on 30/11/2016

» SET-listed miller Buriram Sugar Plc (BRR) plans to hold a roadshow to attract foreign investors.

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OPINION

No such thing as the fourth industrial revolution

News, Satyajit Das, Published on 30/11/2016

» The theme of the 2016 World Economic Forum (WEF) in Davos was the "Fourth Industrial Revolution". Professor Klaus Schwab, WEF's founder, has even published a hasty, crowd-sourced book. He warns that the scale, speed and impact of new technologies, focused on artificial intelligence, robotics, the Internet of Things, autonomous vehicles, 3D printing, blockchains and biotechnology, are "so profound" that in history "there has never been a time of greater promise or potential peril".

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OPINION

An opportunity to raise productivity

News, Shamshad Akhtar, Published on 30/11/2016

» Against the backdrop of a sluggish global economy, lacklustre trade growth, and uncertainty in major economies, countries of the Asia-Pacific region continued to push ahead at an estimated 4.9% in 2016.

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OPINION

After the fall of Aleppo, a kind of peace?

News, Gwynne Dyer, Published on 30/11/2016

» Eastern Aleppo, the rebel-held half of what was once Syria's biggest city, is falling. Once the resistance there collapses, things may move very fast in Syria, and the biggest question will be: do the outside powers that have intervened in the war accept Bashar al-Assad's victory, or do they keep the war going?

TECH

Even Facebook can't crack AI

Life, James Hein, Published on 30/11/2016

» So where are we as far as artificial intelligence is concerned? For some time now Facebook, with all of its resources, has tried to build a machine intelligence that can reason based on text input. Different groups have been trying for decades to build some form of machine intelligence but it is still a long way from what TV shows like Westworld and Humans portray. Even so, there are groups such as the University of Oxford's Future of Humanity Institute and the Leverhulme Centre for the Future of Intelligence in Cambridge that are also looking into the long-term risks of developing AI, just in case.

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OPINION

Rice farming is in need of a total overhaul

News, Kritsada Subpawanthanakun, Published on 30/11/2016

» The rice crisis of the past few months has prompted both the government and politicians to lend their hands to help farmers get through these hard times. But it remains to be seen what else policymakers need to do in order to actually improve the livelihood of farmers.

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LIFE

Books of secrets

Life, Anchalee Kongrut, Published on 30/11/2016

» Pintima Lertsomboon, a librarian at Thammasat University, remembered trying to work on Oct 14 in order to soothe the bereavement brought by news of the death of His Majesty King Bhumibol. Her task as librarian usually offers her peace of mind. She has been tasked to separate the cremation books out of 10,000 rare books in the library, putting them in their own category.

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BUSINESS

Selling online in Asia: four emerging grocery models

Business, Published on 30/11/2016

» Asia is the largest e-commerce region in the world and home to many giants such as Alibaba, JD.com, Flipkart and Rakuten. Despite the fast-moving nature of the food and grocery industry, it has been slower than some other retail sectors such as fashion or books when it comes to moving online. However, this is now changing across Asia, including within Thailand.