14/03/2014

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:00:00. > :00:20.to Northern Ireland, and crashed soon after taking off.

:00:21. > :00:24.It is time for Asia Business Report. Malaysia comes under fire for how it

:00:25. > :00:27.has released information about the missing flight. And, India is

:00:28. > :00:31.looking to set up its own high profile football competition, within

:00:32. > :00:44.a nation of cricket lovers will it work? Welcome to Asia Business

:00:45. > :00:48.Report. It has been nearly a week since a Malaysian airlines plane

:00:49. > :00:51.mysteriously disappeared while en route to Beijing. An international

:00:52. > :00:55.search and rescue effort has been under way, but so far there is no

:00:56. > :01:02.sign of any wreckage, leaving the world with what seems like a few

:01:03. > :01:05.answers and a lot of questions. In Kuala Lumpur, authorities happy

:01:06. > :01:07.holding daily news conferences, but have recently come under heavy

:01:08. > :01:16.criticism for their handling of the crisis. I spoke to two aviation

:01:17. > :01:21.experts. It is a difficult crisis, not the

:01:22. > :01:28.normal type of aircraft accident. These things have happened before.

:01:29. > :01:31.There should not have been such a state of confusion or lack of

:01:32. > :01:37.co-ordination. Information is key for families, because to them, time

:01:38. > :01:41.has stopped. There is no going forward, and certainly no going

:01:42. > :01:44.back. The best the Malaysian government and Malaysia Airlines

:01:45. > :01:49.could have done in this incident is not make it worse. Unfortunately,

:01:50. > :01:52.they have made it worse. I don't think they will ever regain the

:01:53. > :01:55.trust and confidence of the families. Other accidents have

:01:56. > :02:00.happened, we have had planned to missing, and we haven't found them

:02:01. > :02:03.for 72 days or longer. The earth is a big place, mountains and oceans

:02:04. > :02:08.could. Could anyone have done better? I suspect there are other

:02:09. > :02:12.governments and other airlines that have done better and could do

:02:13. > :02:16.better. I hate to say that, you don't like kicking people when they

:02:17. > :02:20.are down. But it is frustrating, and I'm sure horribly frustrating for

:02:21. > :02:24.family members, who have to go to the media, who get one source of

:02:25. > :02:32.information, get their hopes raised, and then they are told it is

:02:33. > :02:36.incorrect. It is the lack of consistency, and that makes everyone

:02:37. > :02:38.wonder who to believe. The people you should believe others who have

:02:39. > :02:44.most information, which should be the government. It is a simple case

:02:45. > :02:57.of too many cooks spoiling the broth. You have Malaysian officials

:02:58. > :03:00.tweeting, a Malaysia Airlines official confirming rumours. You

:03:01. > :03:05.want facts, not corrections of rumours. There is also the situation

:03:06. > :03:08.of 56 vessels from different countries trying to quarter make the

:03:09. > :03:12.international effort. There is a lack of leadership when it comes to

:03:13. > :03:17.this situation. There needs to be a single source of information. We

:03:18. > :03:20.advise airline clients, customers are looking for one kind of

:03:21. > :03:25.information, one point of information. They want facts, so

:03:26. > :03:31.rather than releasing lots of information from lots of sources, go

:03:32. > :03:35.to one source, and one press conference per day. You don't want

:03:36. > :03:43.cheese making statements and then rejecting them. It could just come

:03:44. > :03:55.from the CEO of the company. General Electric is spinning off its

:03:56. > :04:00.retail finance business, which some analysts predict could be worth $18

:04:01. > :04:03.million. McDonald's is being sued by workers

:04:04. > :04:10.in three US states for allegedly stealing wages. The fast food giant

:04:11. > :04:14.is facing seven class-action lawsuits. Workers claim they were

:04:15. > :04:22.forced to work off the clock and not paid overtime. McDonald said --

:04:23. > :04:47.McDonald's said it is committed to fair working conditions.

:04:48. > :04:55.If you are employed by a big corporation, they send you abroad

:04:56. > :05:00.for work, you will often get a relocation package. This includes

:05:01. > :05:06.subsidised housing and regular flights home. Now, Panasonic is

:05:07. > :05:14.offering staff moving to China a payment to help cope with the

:05:15. > :05:18.country's notorious smog. A thick, acrid smog hangs heavy over

:05:19. > :05:22.the streets of Beijing, making it difficult to see and even more

:05:23. > :05:27.difficult to breathe. Pollution is the price China pays for the

:05:28. > :05:30.economic growth of the past decade. It is the result of rapid

:05:31. > :05:36.industrialisation, and the burning of millions of tonnes of coal every

:05:37. > :05:40.year. Now, Panasonic says it will pay its foreign workers in China

:05:41. > :05:45.extra. A pollution premium to compensate them for the poor air

:05:46. > :05:49.quality. It is not unusual for multinational firms to pay staff

:05:50. > :05:52.more when they are sent to live and work overseas, particularly if they

:05:53. > :06:00.go to dangerous or uncomfortable places. In the oil in -- industry,

:06:01. > :06:06.employers often get a premium for working offshore. Now, Panasonic are

:06:07. > :06:11.offering them extra to have to breathe smog. It is a first from our

:06:12. > :06:16.perspective definitely. I think it will be taken on by lots of

:06:17. > :06:18.companies. It is specified as an air pollution allowance, rather than

:06:19. > :06:25.being bundled in what we commonly known as a hardship premium. I think

:06:26. > :06:28.it is probably part of a wider drive by organisations to actually be

:06:29. > :06:31.transparent about the allowances they are giving to expats, which are

:06:32. > :06:37.obviously a costly part of the package. As the annual National

:06:38. > :06:45.People's Congress drew to a close in Beijing, Li Kequiang admitted that

:06:46. > :06:51.China's current economic model is unsustainable. What is very much on

:06:52. > :06:55.our mind is existing problems. We will confront serious challenges

:06:56. > :07:02.this year, and some may be even more complex. We need to ensure steady

:07:03. > :07:08.growth, employment, preventing -- prevent inflation. Beijing faces the

:07:09. > :07:13.steep challenge of trying to increase rapid growth, while

:07:14. > :07:17.encouraging businesses to clean up their act.

:07:18. > :07:20.India's national football team has never made it into the World Cup,

:07:21. > :07:23.but when the event kicks off there will be plenty of interest on the

:07:24. > :07:28.sub continent. The sport has plenty of followers, because of the

:07:29. > :07:35.popularity of overseas leagues. Efforts have become to launch a high

:07:36. > :07:40.budget, and they hope high-profile, football competition in India

:07:41. > :07:44.itself. The fields may not be perfect, and

:07:45. > :07:50.the skills will take a bit more time, but great game still

:07:51. > :07:55.relatively new here, you can't doubt the enthusiasm. Children having a

:07:56. > :07:59.kick around in the park is a very positive sign for football in India.

:08:00. > :08:07.But, there is one huge reason why the sport will be in the shadows for

:08:08. > :08:11.a while yet. They say here that cricket is not just a sport, but it

:08:12. > :08:14.is a religion. If you ask many of these youngsters what they want to

:08:15. > :08:21.do for a living, a good chunk of them would say, play cricket for

:08:22. > :08:28.India. No wonder India is turning to cricket for some inspiration in

:08:29. > :08:34.football. Cricket Indian Premier League has brought crowds to

:08:35. > :08:37.stadiums and he to television sets, as teams representing cities across

:08:38. > :08:44.the country battle it out over a few weeks each year. It is what football

:08:45. > :08:49.wants to emulate. India already has a football competition, but with a

:08:50. > :08:56.few exceptions, crowds tend to be in on the ground. Now, football

:08:57. > :09:01.franchises are being offered for an IPL style all new Indian Super

:09:02. > :09:05.League. Given most IPL cricket teams have so far struggled to make money,

:09:06. > :09:09.does football really have any chance of being commercially viable? The

:09:10. > :09:17.packaging of the league needs to be right. By that I mean, on field

:09:18. > :09:23.performance, the media rights, sponsorship, naming rights. These

:09:24. > :09:26.need to be packaged well. I think we could see at some point in time

:09:27. > :09:33.franchises and the leak would start making money. To be successful,

:09:34. > :09:41.people have to watch. So, while Indians already fanatically followed

:09:42. > :09:47.European leagues, would this be successful? If it was a brand, you

:09:48. > :09:53.know, when we smoke we don't change our rant. I'm sure were not going to

:09:54. > :09:57.stop watching Manchester United. If we get foreign players coming in,

:09:58. > :10:03.and they help promote the game, certainly this will work. It is only

:10:04. > :10:07.months until Indian Super League is start to kick off, but a lot must

:10:08. > :10:11.happen before it can get under way. By then, we should have a better

:10:12. > :10:17.idea of whether the future of Indian football is in safe hands.

:10:18. > :10:24.A quick look at the markets. Most of them are at one-month lows at the

:10:25. > :10:29.moment. The Nikkei is down significantly, about 400 points.

:10:30. > :10:40.That is mainly due to the strength of the yen.

:10:41. > :10:48.Our top stories: The seventh day of searching is under way for the

:10:49. > :10:52.missing Malaysia Airlines plane, but still no sign of it. The

:10:53. > :10:58.international operation looks set to widen into the Indian Ocean. Violent

:10:59. > :10:59.clashes in eastern Ukraine have left at least one person dead. At the