09/09/2016 Asia Business Report

Now on BBC News, all the latest business news live from Singapore.

Trying to get on board. BBC team 's stakeout containership in Singapore

waters are lobbying to South Korea's troubled shipping company. And the

start up in Indonesia that is helping a special group of commuters

get from point to point B. Welcome to Asia Business Report. South

Korea's shipping firm Hanjin has been in trouble waters since it

filed for court receivership last week. The government said it was

looking into offering aid at the Korea development bank says

providing extra funding could lead to a breach of trust since there is

no certainty the extra help will actually guarantee the firm's

survival. Hanjin's financial troubles have led to as much as $14

billion of its customers' merchandise being anchored out at

sea. One of their ships is actually off Singapore waters and I went out

to try and find it. Now, I am getting on board this boat to go in

search of one of the Hanjin ships that was seized off the coast of

Singapore. We have started off, and literally looking out the window of

this boat, there are ships just about everywhere you look. That is

because Singapore is one of the world's busiest trading ports. And

we have spotted the ship. It is just over there at the moment and we are

going in for a closer look. We are up close to this ship now and you

can see hundreds of containers. What I know about this ship is it was

seized by a creditor in late August, and there is no sign of a crew on

board, but this ship like many around the world is in limbo. This

particular ship is awaiting a court decision on its fate and meanwhile

there is only food and water on board the last the crew a few weeks.

We will try to get onboard the ship, I will make contact with them now.

We want to know the fate of your ship, and also of yourself and your

crew. Because Hanjin Shipping has filed for bankruptcy.

Do they have enough food and water to last few weeks? Can we come

on-board? We would like to interview you.

We have waited nearly an hour now to get on-board that ship, and we have

tried the various authorities seek permission. We haven't been able to

do so. But what we do know is the captain's phone number, so I am

hoping to be able to call him and follow up a little bit more on the

fate of his crew and the fate of his ship. And we will be bringing you

more on that story as we follow the story of that ship over the next few

weeks. Pakistan's flag carrier has seen its fair share of troubles in

the last four decades, mounting debt and losses have meant that Pakistan

International Airlines has shrunk to a fraction of what it used to be.

The government is pressing ahead with plans to privatise it and has

appointed a new chairman. This is the footage shot by a BBC team

on-board Pakistan International Airlines flight. From Karachi to

Islamabad, the temperature control system clearly isn't working. The

cabin crew have no response. TRANSLATION: I have been

continuously sweating, and throughout the journey

air-conditioning was not working. The airline is $3 billion in debt.

The government says privatisation is necessary to generate cash. But it

is not a popular move. The strike by airline staff turned violent in

February. Three Pakistan International Airlines employees

died. But the carrier's new chairman says that privatisation is the only

way to make Pakistan International Airlines efficient and profitable.

In PIA, we are doing a lot of non-core business. For example, we

have our company called SpeedEx, which is actually a career service

Company. Now of course PIA has no business being a career service

companies so it is envisaged that to make PIA more efficient we feel that

the non-core business of PIA should be separated with a core business.

Our core business is flying aircraft. For the time being the

government remains in control of the carrier. This was the Prime Minister

launching a new Premier service on its flagship London route. It wants

to let the new management try and improve the flying experience before

considering privatisation. Yes, it is going to compete with the Middle

Eastern and Gulf airlines, and we are going to be very close to their

standards, if not better, at least equal to their standards. In the

meantime, the traditional PIA aircraft and service will also be

enhanced. So this is going to be a very upmarket service. It is not the

first time the airline is trying to overcome its troubles by spending

more money. Aviation experts say the chances of Pakistan International

Airlines surviving and thriving are still up in the air. And in other

aviation related news, the US Federal aviation Administration has

advised airline passengers not to turn on or charge their Samsung

Galaxy Note Seven smartphones, due to concerns over fire prone

batteries. The move comes after 2.8 million units were recalled. Qantas

in Australia have given customers similar advice. Air pollution is not

just a threat to health but also to the global economy, according to a

World Bank report. An estimated 5.5 million lives were lost in 2013 to

to diseases associated with air pollution. Those deaths cost the

global economy about $225 billion in lost Labour income. Hitting around

Indonesia's crowded streets is tricky enough and it is even more of

a challenge for commuters with physical disabilities. One man as he

has a way to make things a little easier while also providing jobs for

disabled people. He launched a 1-of-a-kind taxi service, and the

BBC team went to find out about his start-up's success. It is really

hard to find public transportation for people with disabilities like

us. Bus companies don't pay for extra staff to help us, because they

want to keep their operational costs down. Able-bodied people can get on

the bus easily. But for us it is very troubling.

TRANSLATION: The number of potential customers is quite deep. Jakarta

city is one of Indonesia's top tourism destinations, so we can

offer tours of the city. The most important thing about my business is

that it is unique, making it impossible for competitors. All my

drivers and my staff have a disability. We are the only

motorcycle taxi company in the world that empowers people with a

disability to earn an income. TRANSLATION: If we can't move from a

wheelchair we can just roll the chair of the motorcycle, sit there

and enjoy the ride. TRANSLATION: I just use the service,

it was all the drivers are people with a disability, like me. And as a

disabled person they know how hard it is to earn money. TRANSLATION:

People with a disability use our service because they need to.

Able-bodied people use our service in part because they feel sorry for

us. That's not a problem for me, though, because those people who

feel sorry for us, they realise that our service is actually good. We are

proud to be able to offer a comfortable ride for everyone. The

most important thing is, when you want to use us again, don't feel

sorry for us. Heartwarming start up story there. Let's take a look at

the markets, because we have got the Asian markets, especially the Nikkei

and the all Ordinaries, they are open at the moment. The Nikkei is

being helped by the lower yen. We saw Europe's Central Bank leaving

interest rates unchanged, leading to those changes. The all ordinaries

are down about 1%. Pretty much taking its cues from Wall Street, we

saw Wall Street falling overnight, and this wasn't helped by Apple

shares, which were down 2.5%, their steepest slide since Brexit in late

June. The top stories this hour:

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