Browse content similar to 05/06/2014. Check below for episodes and series from the same categories and more!
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linked to a suspected contaminated drip. Babies at other hospitals have | :00:00. | :00:00. | |
fallen ill, but they are said to be responding well to treatment. Now, | :00:00. | :00:00. | |
it is time for Asia Business Report. Campaigning begins in Indonesia, to | :00:00. | :00:19. | |
choose the next president. A look at what this will mean for the mining | :00:20. | :00:24. | |
industry. Taxi troubles, Malaysia's cab drivers block traffic in the | :00:25. | :00:28. | |
capital over low fares and unlicensed competition. Campaigning | :00:29. | :00:40. | |
is now under way in Indonesia for the upcoming presidential elections | :00:41. | :00:44. | |
in July. The race is between the Governor of Jakarta, seen as clear | :00:45. | :00:51. | |
favourite, and a former general. Whoever wins will take power from | :00:52. | :00:56. | |
Susilo Bambang Yudhoyono, who cannot do another term. This could affect | :00:57. | :01:03. | |
the mining industry, with rich mineral resources. Our guest says he | :01:04. | :01:11. | |
is confident that it will help bring stability to the mining sector. | :01:12. | :01:15. | |
Latino who is the president, stability and investment will come | :01:16. | :01:20. | |
back towards the mining industry. With the new mining law in place, | :01:21. | :01:24. | |
what will it mean for the existing players and for those who would | :01:25. | :01:31. | |
still like to come? For existing players, it comes into effect now. | :01:32. | :01:37. | |
Players still to build smelters in Indonesia to process the natural | :01:38. | :01:43. | |
resources domestically and create prosperity. This causes problems, | :01:44. | :01:50. | |
because you need a power plant and human capital, but on the other hand | :01:51. | :01:56. | |
it boosts investment because smelters are costly to build, in the | :01:57. | :01:57. | |
range of 1`$2,000,000,000, It is more about the ability to run | :01:58. | :02:38. | |
the smelters, this is very important that has good years ahead in | :02:39. | :02:40. | |
Indonesia. Japan's economy expanded compare to | :02:41. | :02:53. | |
a year levels. Nor .9% expansion is shown from January to March, | :02:54. | :02:57. | |
compared to the last quarter. Businesses and markets around the | :02:58. | :03:00. | |
world are waiting for the next move by the European Central bank. ECB | :03:01. | :03:05. | |
governor is expected to announce measures to boost the flagging | :03:06. | :03:09. | |
economy across the 18 countries that use the euro. An interest rate cut | :03:10. | :03:14. | |
could see investors pool funds out of Asia and put them back into | :03:15. | :03:28. | |
Europe. The ECB has accused the US of trying to avoid terrorist by | :03:29. | :03:31. | |
outsourcing production to countries like Taiwan. Taxi drivers gathered | :03:32. | :03:35. | |
in the Malaysian capital yesterday to block traffic in protest over low | :03:36. | :03:40. | |
fares and illegal competition. Unless the government steps in to | :03:41. | :03:43. | |
help, they say it is simply not possible to earn a living. | :03:44. | :03:52. | |
Cab drivers in the capital city of Malaysia are venting their anger. | :03:53. | :03:56. | |
This is the third protest they have staged in a matter of months. The | :03:57. | :04:02. | |
biggest complaint, the government is not doing enough to stop illegal | :04:03. | :04:06. | |
taxi operators from flying into Kuala Lumpur and renting private | :04:07. | :04:13. | |
cars to ferry tourists, while licensed taxi drivers are heavily | :04:14. | :04:15. | |
taxed and are finding it hard to make ends meet. Here are hundreds of | :04:16. | :04:20. | |
taxi cabs, on the street, as hundreds of cab drivers come | :04:21. | :04:26. | |
together in angry protests. TRANSLATION: We signed a memorandum | :04:27. | :04:31. | |
to the traffic authority, and waited 14 days for an answer, but there was | :04:32. | :04:34. | |
no response. Today, we are here not to fight against the government, we | :04:35. | :04:40. | |
want our rights as taxi drivers. We have been dominated and treated | :04:41. | :04:45. | |
unfairly. I spoke earlier to some taxi drivers, and they have said | :04:46. | :04:48. | |
that takings have fallen by almost 80%. Taxi drivers have been unable | :04:49. | :04:52. | |
to meet the rental takings driving a taxi for almost three | :04:53. | :05:02. | |
weeks now. They need to help us, because none of them are doing | :05:03. | :05:05. | |
anything. That is why we came down this way, we don't have any choice. | :05:06. | :05:10. | |
Many passengers in Kuala Lumpur are equally unhappy with the city's | :05:11. | :05:15. | |
official taxis. I have been conned not once or twice but many times | :05:16. | :05:20. | |
during my trips to KL. Sometimes, they take a longer route. You don't | :05:21. | :05:27. | |
want to go with them, they charge more, or they have a fixed rate. It | :05:28. | :05:30. | |
is mainly because there is a lot of traffic and that is the excuse they | :05:31. | :05:35. | |
give. I haven't seen many taxis, I saw one last night. For now, the | :05:36. | :05:40. | |
grievances are simmering on all sides. Until business improves for | :05:41. | :05:45. | |
these cab drivers, protests like these look like they will continue | :05:46. | :05:48. | |
to block traffic on busy streets in Kuala Lumpur. | :05:49. | :05:56. | |
Located on the doorstep of China, Asia's biggest technology show is | :05:57. | :05:58. | |
attracting new buyers from the mainland. It is only in recent years | :05:59. | :06:02. | |
that relations between the two sides have improved. | :06:03. | :06:09. | |
This year, more than 38,000 buyers are coming from many countries | :06:10. | :06:13. | |
around the world to attend the show, in one of the fastest growing groups | :06:14. | :06:17. | |
of wires, are those from mainland China. With me is the executive vice | :06:18. | :06:23. | |
president of the show's organiser. Can you explain to us why there are | :06:24. | :06:33. | |
more Chinese buyers coming? Yes, Computex is an important platform | :06:34. | :06:37. | |
for procurement. In the last five years we had more Chinese visitors | :06:38. | :06:40. | |
coming here. This year, we are expecting to have 5000 visitors from | :06:41. | :06:48. | |
mainland China. This year, the main subject is wearable devices, | :06:49. | :06:53. | |
hand`held devices, and internet... About 20% of our exhibitors are from | :06:54. | :06:58. | |
internet companies. About 40% of trade goes to China. Last year, we | :06:59. | :07:13. | |
exported 10 billion US dollars of ICT products from Taiwan to mainland | :07:14. | :07:18. | |
China. The Chinese domestic market is still growing for ICT. The young | :07:19. | :07:24. | |
people use more ICT products. It is not just Computex that has seen an | :07:25. | :07:29. | |
increase in Chinese buyers this year. Technology trade shows from | :07:30. | :07:33. | |
around the world are also expected to see an increase in Chinese | :07:34. | :07:37. | |
visitors in coming years. Chinese companies are not only interested in | :07:38. | :07:40. | |
purchasing, but building partnerships with their counterparts | :07:41. | :07:44. | |
in different countries. As they expand beyond the domestic market, | :07:45. | :07:53. | |
into the global arena. These days it is easy to walk into a | :07:54. | :07:54. | |
store and computer or smartphone, but what | :07:55. | :08:01. | |
happens to the ones you throw out? Electronic raced mostly ends up in | :08:02. | :08:04. | |
developing countries, like India and China. We are speaking to a person | :08:05. | :08:11. | |
from Ericsson, asking who should tackle this problem. It is mainly an | :08:12. | :08:20. | |
environmental issue, governments have the ability to stop the waste | :08:21. | :08:23. | |
being imported into their countries. What about the role of | :08:24. | :08:33. | |
the companies producing the waste? We take responsibility for our | :08:34. | :08:38. | |
products from the design and development stage, through | :08:39. | :08:42. | |
production, through supply, and through the life cycle, and when | :08:43. | :08:46. | |
they come end of life. We recycle the electronics in a legitimate, | :08:47. | :08:51. | |
environmentally correct manner. We can actually achieve 98% recovery, | :08:52. | :08:58. | |
which means that less than 2% actually ends up in landfill. | :08:59. | :09:02. | |
Currently at Ericsson, how much of your products to you end up | :09:03. | :09:06. | |
recycling, and what is the goal in the coming years? Last year we took | :09:07. | :09:10. | |
back approximately 8% of what we put on the market. Put on market meaning | :09:11. | :09:16. | |
that with we put 100 products on the market, we take back eight. Arab | :09:17. | :09:21. | |
jetty for this year is to take back 17%. Our objective. Having been to | :09:22. | :09:32. | |
Africa many times in seeing these waste dumps, it is appalling to see | :09:33. | :09:36. | |
it. Not to mention the poverty that people live in. That is the last | :09:37. | :09:40. | |
place on earth we want our products to end up. Raw materials, prices, in | :09:41. | :09:45. | |
the future, and availability, they will become an issue. If we are | :09:46. | :09:55. | |
still forced in five years' time to buy raw materials on the market, the | :09:56. | :09:58. | |
price will be considerably higher than what it is today. Director of | :09:59. | :10:07. | |
ecology affairs at Ericsson. Stocks are mostly lower in mid`morning | :10:08. | :10:11. | |
Thursday trade. Investors await a key decision of the European Central | :10:12. | :10:18. | |
bank on the cost of borrowing. Japan is moving sideways, but you have | :10:19. | :10:27. | |
Hong Kong, South Korea, and those are in negative territory. | :10:28. | :10:42. | |
In Hong Kong, tens of thousands have turned out to commemorate the 25th | :10:43. | :10:46. | |
anniversary of the crushing of student protests in Tiananmen Square | :10:47. | :10:50. | |
in Beijing. The Taliban has released a video of the moment Sergeant Bowe | :10:51. | :10:54. | |
Bergdahl was | :10:55. | :10:55. |