Skip to main content

tv   Asia Business Report  BBC News  September 11, 2017 1:30am-1:46am BST

1:30 am
of florida, with winds up to 200km/h. millions of homes and businesses are without power. the hurricane is predicted to create a catastrophic storm surge, which could be up to 4m high in places. bangladesh has described myanmar‘s treatment of its rohingya muslim community as genocide. nearly 300,000 rohingya refugees have fled into bangladeshi territory. and this video is trending on bbc.com: details of new iphones and other forthcoming apple devices have been revealed via an apparent leak. the code refers to an iphone x, in addition to two new iphone eight handsets. apple is holding a launch event on tuesday. stay with bbc news. and the top story here in the uk: the bbc understands that the government is preparing to award police and prison officers pay increases above the 1% cap on public sector wages. the cap has been in place since 2010, but there have been
1:31 am
repeated calls for it to be eased. now on bbc news, all the latest business news live from singapore. no exit strategy for asia. that is the message from uber‘s asia chief, in an exclusive tv interview. and who should take the lead in addressing climate change, business or government? we bring you a special report from india. welcome to asia business report, i'm sharanjit leyl. to asia business report, i'm shara njit leyl. we to asia business report, i'm sharanjit leyl. we will start with the riot hailing company uber, which has recently been on something of a bumpy track. a sexual harassment scandal led to the ousting of its founder, and last year it was forced to sell its china business to
1:32 am
arrival. what about its business elsewhere? uber says it is taking an aggressive approach. in an exclusive interview, our correspondent caught up interview, our correspondent caught up with brooks entwistle, the new boss of uber‘s asia operations. up with brooks entwistle, the new boss of uber's asia operations. we just launched in myanmar, cambodia is on the radar soon. the competition is pretty tough. you have grabbed in southeast asia, you have grabbed in southeast asia, you have an indian rival, and uber has suffered a set back, i think it would be fair to say, with recent events would be fair to say, with recent eve nts — — would be fair to say, with recent events —— grab. how do you plan to catch up with some of these fast moving competitors, especially as they are building up their firepower in terms of investments and partnerships? we are going to be signing and focused on impactful partnerships across industries and
1:33 am
set is that actually help drive people onto the app. —— sectors. we wa nt to people onto the app. —— sectors. we want to get the app in the hands of more people, financial services, tourism and travel, wallets which help the facility and the transactions. airports and places of retail. any place we can partner with someone to drive deeper into those experiences is going to be a priority. what is the exit strategy in asia? 0r priority. what is the exit strategy in asia? or is there an exit strategy in asia? we are totally focused on building in the region to contribute to the uber organisation globally. this is a big part of the world. it is 20% of rides. there is a huge % of new drivers. it is growth markets across the region for us. growth markets across the region for us. and we will do what we can to make sure that we contribute to that. so no exit strategy for asia. let's talk a little bit about the
1:34 am
culture. sexual harassment claims, a court case on alleged trade theft and what has been described as a cutthroat company culture in the united states. has all of that damage the uber brand here in asia? we have been moving incredibly fast since inception and some of the processes , since inception and some of the processes, some of the culture, did not keep pace with that growth. i can tell you, having joined the organisation, that the amount of focus is extraordinary across leadership teams globally, to make the culture, the processes, catch up with its growth. everybody is totally focused on that. from a brand standpoint, from a culture standpoint, and where we want to be standpoint. we are not perfect yet, but we are working hard towards getting there. asia's uber chief executive there. china is planning a deadline for carmakers to stop the sale of fossil fuel vehicles which could have major ramifications as china is now the world's largest
1:35 am
market. our business reporter has been looking into that story. and it could really have huge changes in the car market. that's right, many believe the future of transport is electric at this push comes amid concerns about carbon emissions. many companies are looking to reduce air pollution as well as the reduce of fossil fuel air pollution as well as the reduce of fossilfuel vehicles. air pollution as well as the reduce of fossil fuel vehicles. the uk and france have already pledged to ban such vehicles by 2040, while the netherlands and norway are looking atan netherlands and norway are looking at an even earlier deadline. what is so significant about china is the fa ct so significant about china is the fact it is the world's biggest car market. and last year they produced about a third of all cars. and so by china taking this step, it is not going to impact only the consumption of oil, of which china is a major consumer, but it will promote a shift towards more environmentally friendly vehicles. the vice president of one company told us it will cause a profound change for the industry, so for carmakers which are
1:36 am
investing heavily into electric vehicles. thank you for bringing us up vehicles. thank you for bringing us up to date with that story. while china increases its focus on green solutions, climate change is a major concern in south asia, which saw torrential rain this monsoon season. a major industry body in india is putting the onus on businesses to come up with green solutions. can businesses solve the problem, or the governments need to lead by example? 0ur correspondent reports from delhi. the metro in india's capital is not only convenient but environmentally friendly as well. these solar panels provide electricity to all of delhi's metro stations. having a green metro is a great start. but in a city which is one of the most polluted in the world, much more needs to be done to save the environment. and that is why, after taking the metro, many
1:37 am
people are opting for this alternative ride. it is a battery operated vehicle called the eu rickshaw. they constitute about 30% of the rickshaw markets here, and in fa ct, of the rickshaw markets here, and in fact, looking at how businesses need to contribute even more, there is an industry group that has met and are focusing on how to try and curb the situation before it goes out of hand —— e—rickshaw. situation before it goes out of hand -- e-rickshaw. at a recent conference in delhi, environmental activists called for companies to invest in technology which will cut their emissions. but there are obstacles. countries such as india can't be expected to follow a single policy objective of government intervention, because they have to address the question of energy access, energy security, energy affordability, competitiveness. addressing regional environmental issues. seems like this during this
1:38 am
monsoon season have only highlighted the need for action. much of south asia has been ravaged torrential rain. displacing tens of millions, and killing more than moo people. this is just and killing more than moo people. this isjust a confirmation and killing more than moo people. this is just a confirmation of the urgency of taking action. so we have the institutions in place, we have the institutions in place, we have the political will of the paris agreement, we have the business interests, so it is really a matter of making this move faster, and at a larger scale. the rickshaw market is already estimated to be worth $156 million, and is expected to grow by 1596 million, and is expected to grow by 15% every year. and so there is also plenty of potential for investment in the products and services that will help clean up india's a. ——
1:39 am
air. 0ne research team in georgia is hoping to solve the problem of resources by providing access to a swarm of small robots to pretty much anyone with a good idea. robotics research is a little strange, because it takes so much resources to have a world—class lab. and a few years ago i got more and more irritated that the best labs in the world, mine included, were labs that had the most money, not labs that had the most money, not labs that had the best idea. so i decided, you know what? i am going to solve that. you have to allow users to upload
1:40 am
code that is bad, that doesn't work, but have robots do stupid things. because if you only have correct coding uploaded it would not be research. what we cannot accept is code that breaks our stock, meaning robots collide, or robots leaving the arena and attacking my graduate students. 0ne one thing that i'm really hoping is some smart group in germany working together with girl scout troops in georgia, working together with researchers in japan, georgia, working together with researchers injapan, together accelerating innovation. so i am hoping that not only will people use it, but it will be an accelerator for robotics research. let's take a
1:41 am
look at those markets before we go, because we have some markets which are open. the nikkei making some strong gains, up over 1%. this is due to the weaker yen. we saw the yen bouncing back to a slightly wea ker yen bouncing back to a slightly weaker position against the us dollar. we saw the us dollar quite wea k dollar. we saw the us dollar quite weak on friday, but this is leading the exporter is gaining and there is a lot of relief in the markets, because they had been a lot of anticipation that amid those north korean tensions the leader might launch another missile over the weekend, but he did not. so we have seen gains in australia. that is it for this edition of asia business report. thank you for watching. the top stories this hour: hurricane irma has slammed into the us mainland. strong winds and storm surges have left millions of homes and businesses in florida without power. the hurricane has caused widespread destruction across the caribbean. at least 25 people have been killed and thousands have lost their homes. a bbc investigation has revealed
1:42 am
that the bodies of more than 400 children could be buried in a mass grave close to an orphanage in lanarkshire. the children were residents of the smyllum care home, run by catholic nuns until it closed. michael buchanan reports. there is ellen, who was one. helen, who was five. and john, who was nine. and, until today, there was little record that they had ever lived. but these 400 children are believed to be buried in an unmarked mass grave in la nark. among the dead is francis mccaul. he died in 1961, aged 13, from a brain haemorrhage. our research confirmed his brother eddie's worst fears. i always believed he was in there, in the mass grave. everything seemed to point back to that. what they did was...
1:43 am
they didn't even have a headstone for the bairns. the names were uncovered by the file 0n a programme and the sunday post newspaper. we found death certificates for these people, but no burial records. in 2004, the nuns acknowledged that some children in their care were buried in this unmarked plot at st mary's cemetery, but couldn't provide many details. therefore, it is believed that the 400 children are buried here. when this grave was first discovered, it was a total mess. all the rubbish from the rest of the cemetery had simply been dumped here. that infuriated campaigners. but so did something else. because, just a few feet away, a total contrast — the well—maintained headstones of the nuns. smyllum care home closed in 1981. it had operated for 117 years. some former residents alleged they were abused here by nuns. last month, campaigners held an annual vigil
1:44 am
for the children of smyllum. laid to rest were the ashes of frank docherty, who had fought for two decades to reveal the truth. his widow, janet, said she was shocked by today's developments. he thought he'd got names, he could get in touch with families to say that there's 150 kids they knew. that is just unbelievable, what's happening. the 0rders, the people higher up, should be telling the families exactly what happened to these kids. reporter: i've got a few questions for you. i'm from the bbc. the daughters of charity didn't respond to ourfindings. in a statement, they simply said "the ongoing scottish child abuse inquiry was the best place to investigate what had happened." hello, this is sport today, live from the bbc sport centre. coming up on this programme: rafael nadal win the men's us open title in new york and a 16th career grand slam championship.
1:45 am
grand slam championship. chris froome becomes the first cyclist in 39 years to win the tour de france and the vuelta a espana in the same year. and in germany, a female referee takes charge of a top european league football match for the first time. hello and welcome to the programme, where we start with the tennis news that world number 0ne rafael nadal has won the men's us open title at flushing meadows in new york for the third time. the 31—year—old spaniard was a 6—3, 6—3, 6—4 winner against south africa's kevin anderson who was playing in his first ever major final. nadal needed just under two and a half hours to also claim a second major championship of the year having won the french open in paris as well. paul frostick reports. rafael

16 Views

info Stream Only

Uploaded by TV Archive on