05/05/2014

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:00:00. > :00:00.Rail, Maritime and Transport Union are set to walk out from nine in the

:00:00. > :00:00.evening on Monday in a long`running dispute over ticket office closures.

:00:07. > :00:22.Now on BBC News all the latest business news live from Singapore.

:00:23. > :00:31.Apple versus Samsung? Have we seen at the end of a long drawnout

:00:32. > :00:33.battle. Investing in Myanmar. Why investors are drawn here despite the

:00:34. > :00:46.hurdles. Welcome to Asia Business Report. When a jury in California

:00:47. > :00:56.ordered Apple to put pay Samsung over the weekend, it was viewed as a

:00:57. > :01:03.victory. Where does this leave the legal battle? Earlier, I spoke to

:01:04. > :01:13.our technology reporter. I asked him if it is a victory. It is hardly a

:01:14. > :01:21.victory. The only thing they can say is that they were found guilty of

:01:22. > :01:25.infringing. Samsung were awarded around $140,000. It was one case of

:01:26. > :01:33.Apple having infringed their patents. It is a stalemate again.

:01:34. > :01:39.Could you say it is a victory for Samsung? In some ways. The jury did

:01:40. > :01:49.find that Samsung had wilfully infringed one of the patents on

:01:50. > :01:51.AppleiPhone. It doesn't lend some credibility to the claim that

:01:52. > :01:58.Samsung had deliberately copied the software in the device. That is not

:01:59. > :02:01.great for Samsung, but the damages are far less than what Apple were

:02:02. > :02:15.claiming. It is unlikely there will be a sales down? `` sales ban, which

:02:16. > :02:22.was what Apple was looking for. Who is benefiting on this battle? You

:02:23. > :02:25.could argue that the two weirs are the winners because of the legal

:02:26. > :02:33.fees. The other winner is the competitors. They are going into a

:02:34. > :02:36.public court. There is a lot of internal discussion about what was

:02:37. > :02:42.happening at Apple Aaron Sonson which was revealed in the process of

:02:43. > :02:47.the testimony. We found out about how Apple felt about their ad agency

:02:48. > :02:53.and how Samsung wanted to compete in the market. It provided a lot of

:02:54. > :02:59.information. We use are priced in terms of the verdict? I didn't think

:03:00. > :03:05.it was going to stop either company in its tracks in terms of being able

:03:06. > :03:07.to sell the product. It wasn't a surprise in those terms. What

:03:08. > :03:12.surprised me was how small the monetary amounts turned out to be.

:03:13. > :03:17.It was a slap on the wrist. In the meanwhile, companies will continue

:03:18. > :03:22.to make the cash. They have continued to do that successfully.

:03:23. > :03:29.Do you agree that it will have no impact on the product? Would we see

:03:30. > :03:32.features changing? Samsung have been doing a lot more that is quite

:03:33. > :03:36.different from Apple in that sense. Keep in mind that the products that

:03:37. > :03:43.were involved tend to be previous generation products.

:03:44. > :03:52.Hypothetically, if an injunction was put in place, it wouldn't have that

:03:53. > :03:58.much of an impact. Bao steel is partnering with an Australian rail

:03:59. > :04:04.company. The two parties have made a joint offer of $1 billion. Dina 's

:04:05. > :04:19.largest listed steel company already owns 20%. `` China's. In a bid to

:04:20. > :04:27.boost growth, the government has already used restrictions on

:04:28. > :04:33.pharmaceutical companies. And this Indonesian shopping mall, this is

:04:34. > :04:40.just one sign of the country 's growth. In the past five years,

:04:41. > :04:45.south`east Asia 's biggest economy has expanded by nearly 6%. In the

:04:46. > :04:50.coming months, whoever voters believe will make a net this growth

:04:51. > :05:00.will be voted in as the next president. These are the

:05:01. > :05:10.contenders. They face significant challenges. There is rising power

:05:11. > :05:15.amongst the country 's trade unions. Last week, thousands gathered to

:05:16. > :05:19.demand higher wages and better benefits. They set it has become

:05:20. > :05:22.harder to keep up with living costs. The gap between the rich and poor is

:05:23. > :05:30.also growing. Millions live in slums. Experts warned that as an

:05:31. > :05:35.rises, so does the risk of social unrest. The growth figures for the

:05:36. > :05:38.last three months will set the tone for the election campaign. Major

:05:39. > :05:51.reforms are needed for economic growth. The voters will decide who

:05:52. > :05:54.can deliver that. Myanmar Has only recently opened its economy to

:05:55. > :06:04.foreign investment, after decades of military rule. Seven in ten Asian

:06:05. > :06:09.businesses plan to expand their in the next year. There are still a

:06:10. > :06:14.number of hurdles to setting up shop.

:06:15. > :06:18.This is a far from easy place to do business. Look at the

:06:19. > :06:24.infrastructure. The banking sector is extremely basic by modern

:06:25. > :06:28.standards. The sort of things that people need to do business, like the

:06:29. > :06:33.Internet and mobile phones, all of them don't work very well here at

:06:34. > :06:37.the moment. The two biggest obstacles to companies coming here

:06:38. > :06:40.and investing in a big way up corruption and uncertainty. If

:06:41. > :06:47.you're going to come and start up a big operation here, it is generally

:06:48. > :06:52.accepted that you do need to have connections. You need to have local

:06:53. > :06:56.knowledge here. That will involve doing business with one of the big

:06:57. > :06:59.local conglomerates. Those big companies always always are

:07:00. > :07:05.connected with the Burmese military or the Burmese government. The

:07:06. > :07:12.biggest single obstacle is uncertainty. There is an election

:07:13. > :07:17.head you at the end of next year. It is far from clear that the reforms

:07:18. > :07:21.that we have seen over the last three years will continue. If the

:07:22. > :07:26.army decides to reassert itself, that could mean a return to

:07:27. > :07:35.isolation and a return of sanctions. That would not be good for business.

:07:36. > :07:40.Did you know that India is one of the world 's largest exporters of

:07:41. > :07:48.beef? It provides 20% of global supply. This could be a good thing,

:07:49. > :07:49.is it also causes fierce religious and political debate within the

:07:50. > :08:15.country. Seeking blessings from the holy cow.

:08:16. > :08:21.These sanctuaries are set up so that people can pray to the cow. That is

:08:22. > :08:30.why I 's position as a beef exporter shocks many people. TRANSLATION: We

:08:31. > :08:36.believe Hindu cows reside in gods. That is why we feed them on special

:08:37. > :08:43.days. How can anyone think of killing them and making money? It is

:08:44. > :08:47.not cows but water buffalo is that mostly make the cut for meat

:08:48. > :08:53.processing factories. India has half the buffaloes in the world and

:08:54. > :08:56.buffalo beef is bringing in a lot of money for the country. Buffalo and

:08:57. > :09:03.cow meat are both known as beef internationally. Chopped up into the

:09:04. > :09:07.choicest of cuts, this meat is headed to dinner tables all over the

:09:08. > :09:13.world. India is largely a vegetarian company. The per capita consumption

:09:14. > :09:21.of meat is less than two kilograms. In the US, it is more than 20 times

:09:22. > :09:28.that. Processing the beef in Halal standards, and DSL is beef worth

:09:29. > :09:34.more than $3.2 billion all over the world. And buffalo meat demand is

:09:35. > :09:42.growing. While exports are the industry driver, even within India,

:09:43. > :09:45.the appetite for buffalo beef has seen a steady rise. While chicken

:09:46. > :09:50.and fish still dominate the diet of non` vegetarians, there is little

:09:51. > :09:58.doubt that these 's popularity is growing. I like eating beef. It is

:09:59. > :10:05.delicious. I would prefer it over chicken. I prefer it over bacon. It

:10:06. > :10:10.is not readily available. I 's strict laws and end the slaughter of

:10:11. > :10:13.cows and making it tough for restaurants to serve beef doesn't

:10:14. > :10:21.seem to be holding back the market too much for now. Time for a quick

:10:22. > :10:30.check of the markets. A number of the markets are closed in Japan,

:10:31. > :10:33.South Korea and Thailand. Hong Kong and Australia are down. That is set

:10:34. > :10:45.for this addition of Asia Business Report. `` edition.

:10:46. > :10:49.The Irish Republican leader Gerry Adams has been released without

:10:50. > :10:52.charge in Northern Ireland after being questioned for four days in

:10:53. > :10:55.connection with the IRA murder of Jean McConville in 1972. After his

:10:56. > :10:58.release, Mr Adams again denied all the allegations against him and

:10:59. > :10:59.branded his arrest as wrong. Ukrainian prosecutors say they

:11:00. > :11:00.didn't authorise the