BUSINESS

Kenya’s dairy imports from Uganda nearly tripled in the year to June 2023. The dairy products include butter, cheese, ghee, ultra-heat-treated (UHT) milk, yoghurt, and milk powder Data from the Uganda Dairy Development Authority shows the country exported dairy worth USh810.56 billion (Sh29.2 billion) to Kenya during the period.
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2 years ago Read more at Business Daily

Henry Tan – a prominent Hong Kong entrepreneur and member of the nation’s top political advisory body – plans to step up efforts to bolster the confidence of the 10-member Association of Southeast Asian Nations in the Chinese mainland’s economy and products. Tan believes that education in Hong Kong would offer overseas students a convenient and culturally immersive experience, promoting better understanding of the mainland and its culture.
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2 years ago Read more at asianews.network

Kenyan investors are seeking to raise the number of their projects in Tanzania by 100 percent over the coming years. This, they pursue, in order to cash in on Tanzania’s pro-business policies and growth potential. To achieve the goal, they will encourage their countrymen to come and invest in Tanzania while simultaneously encouraging those that are currently doing business in Tanzania to up their investments.
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2 years ago Read more at The Citizen

Elon Musk heads SpaceX, Tesla and other companies while also controlling social media platform X (formerly Twitter) The charity had tax-deductible donations of stock worth more than $7 billion in 2020, making it one of the largest in the country. In 2022, the charity gave away $160 million, $234 million less than the law required.
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2 years ago Read more at Hindustan Times

Supa, which represents plus-size model talent like James Corbin, launched a women’s division this month, identifying white space in scouting new diverse model talent. Street casting remains a priority, says Feben, a consistent feature in Milan’s top 10.
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2 years ago Read more at Vogue Business

Lee Chee Seng appoints Lim Kian Thong as Independent Non-Executive Director. Changes include Cheah Teik Seng as Chairman for the Audit and Remuneration Committee and Dato’ Murly Manokharan as President and Group CEO.
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2 years ago Read more at Singapore Business Review

Adaptive is working on technology that makes it easier for businesses to train large language models that are tailored to their specific needs. The startup’s valuation was not disclosed, although tech publication The Information previously reported that the funding round valued the startup at $100 million. This process is known as reinforcement learning from human feedback, or RLHF.
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2 years ago Read more at Fortune

Real asset manager ESR Group has agreed to sell its ARA Private Funds business in Australia, Singapore, Korea and the US. The transaction is subject to regulatory approval and is slated to close during the third quarter of this year. Moses Song, currently serving as ARA CEO, will leave ESR to become CEO of ARAvest.
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2 years ago Read more at Fund Selector Asia

Nvidia has invested in dozens of startups in 2023, including a company focused on pharmaceuticals. Subscribe to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Access your favorite topics in a personalized feed while you're on the go.
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2 years ago Read more at Business Insider

Advancing Food Safety Business Leaders to Drive Results for Maximum Impact opening session on Tuesday, May 7 at the Food Safety Summit. Targeted tools and resources will be discussed during this three-hour educational and interactive workshop. Topics that will be addressed include delivering messages that are crisp, clear, and powerful regardless of audience, storytelling, active listening.
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2 years ago Read more at Food Safety News