02/06/2014

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:00:00. > :00:00.by Jimmy Savile, more than 50 more than previously thought. The

:00:00. > :00:00.youngest alleged victim was just two years old. Now for the latest

:00:00. > :00:21.business news, live from Singapore. Signs of improvement in the world 's

:00:22. > :00:24.second`largest economy. Growth in Chinese manufacturing sector. It

:00:25. > :00:28.sets a five`month high. And what can business do about the

:00:29. > :00:29.effect of unpredictable climate patterns on the world 's water

:00:30. > :00:38.supply? Thanks for joining us. You are

:00:39. > :00:43.watching Asia Business Report on BBC World News. Efforts by the Chinese

:00:44. > :00:47.government to boost growth in the economy are showing early signs of

:00:48. > :00:53.success. Figures measuring the output of China's factories in May

:00:54. > :00:56.have shown the fastest pace of expansion for five months, but there

:00:57. > :00:59.are still worries about weakness in the property market as well as

:01:00. > :01:04.disappointing growth in investment and consumption. Julian Evans

:01:05. > :01:09.Pritchard says it an upbeat number and explains what's behind it. I

:01:10. > :01:13.think there are two reasons for that. One is supply and demand, so

:01:14. > :01:18.we are seeing export growth picking up, and the stimulus measures you

:01:19. > :01:20.mentioned, they've created a rebound of infrastructure and investment,

:01:21. > :01:26.and that's helping to support the sector. And the Chinese government

:01:27. > :01:29.wants to sustain this growth in factory output because on Friday

:01:30. > :01:34.they introduced fresh easing measures such as lower funding costs

:01:35. > :01:38.and reducing operational costs? Exactly. There are still concerns

:01:39. > :01:42.the property sector is putting a lot of downward pressure on the economy,

:01:43. > :01:44.and I think that's forced them to consider further stimulus measures

:01:45. > :01:49.like the ones that were announced on Friday. Do we expect more of the

:01:50. > :01:53.stimulus initiatives coming from the Chinese government, more targeted

:01:54. > :01:58.measures, rather than a massive stimulus package? That's one of the

:01:59. > :02:02.interesting things this year and last year as well, is that the

:02:03. > :02:04.government has sort of avoided rolling out across`the`board

:02:05. > :02:08.loosening, and that reflects the fact that they don't want to see a

:02:09. > :02:17.renewed credit fuelled boom. They want to support growth but not at

:02:18. > :02:20.the expense of future growth. So I think that... I definitely wouldn't

:02:21. > :02:22.want to rule out further targeted measures but I don't think we will

:02:23. > :02:27.see across`the`board loosening this year. Markets will be focusing on

:02:28. > :02:34.Tuesday for the final BMI reading from HSBC, which focuses on smaller

:02:35. > :02:41.companies and private firms. That number will be very interesting to

:02:42. > :02:46.see if the final reading confirms what we saw, particularly exports,

:02:47. > :02:50.the higher since 2010, so it will be interesting to look at that number

:02:51. > :02:53.and see, is it showing what other indicators are showing, that

:02:54. > :02:56.conditions are stabilised and they are looking better than they were at

:02:57. > :03:02.the beginning of this quarter? Thank you. Flights have resumed in

:03:03. > :03:07.Australia after an ash cloud from and Indonesia in Volcano cleared.

:03:08. > :03:10.The volcanic dust had stopped flight to Southeast Asia from Perth and

:03:11. > :03:14.Darwen but the threat hasn't gone away. The volcano in southern

:03:15. > :03:18.Indonesia is still interrupting and that

:03:19. > :03:21.Indonesia is still interrupting and good impact flights to Bali in

:03:22. > :03:25.coming days. And all eyes are on the worldwide

:03:26. > :03:28.developers' conference in San Francisco where Apple is expected to

:03:29. > :03:34.unveil the next versions of its iPhone and Mac software. Software is

:03:35. > :03:37.surging over to its highest level since the iPhone five went on sale

:03:38. > :03:43.in 2012. It covers two thirds of the world

:03:44. > :03:48.surface and yet at times it is worryingly scarce. In a moment we

:03:49. > :03:51.will be hearing from the president of the World Water Council to see

:03:52. > :03:55.how businesses can ward off any shortages, but first this report on

:03:56. > :04:00.one of the world 's driest cities, Perth, in what authorities are doing

:04:01. > :04:04.there. On the south`western coast of the

:04:05. > :04:12.world driest inhabited continents its Perth. Australia's driest major

:04:13. > :04:15.city. `` sits Perth. A chronic lack of rain in recent years has forced

:04:16. > :04:19.authorities to rethink their approach to water. The aim has been

:04:20. > :04:24.to drought proof the city of more than 2 million people. Western

:04:25. > :04:28.Australia has seen climate change happen faster and earlier than

:04:29. > :04:34.almost anywhere else on the planet. In the last 15 years, the water from

:04:35. > :04:42.rain into our dams has dropped to 1/6 of what it used to be before

:04:43. > :04:46.that. To help satisfy a thirsty and growing population, the Perth

:04:47. > :04:54.desalination plant produces more than 115 million litres of drinking

:04:55. > :04:59.water everyday. Now half of the city's water supplies can come from

:05:00. > :05:07.the sea. Recycling and pumping waste water into giant aquifers are also

:05:08. > :05:10.part of a grand plan. We've got two desalination plants. We've also been

:05:11. > :05:13.trialling and have just recently made the decision to go down the

:05:14. > :05:19.path of groundwater replenishment, which is treating wastewater and

:05:20. > :05:24.injecting it into our aquifers, and we need to become less reliant on

:05:25. > :05:29.rainfall. This doesn't feel like a city that has the thing so carefully

:05:30. > :05:33.about water, but creating green OA sees as well as guaranteeing

:05:34. > :05:36.supplies isn't cheap. Desalination is an expensive process and,

:05:37. > :05:43.although household consumption has been falling, bills have doubled in

:05:44. > :05:47.recent years. The authorities here believe that Perth can show rain

:05:48. > :05:56.deprived cities in other countries how to become green uninviting no

:05:57. > :06:00.matter what the weather. The president of the World Water

:06:01. > :06:05.Counsel explains what businesses can do. It is working on the demand

:06:06. > :06:11.side, making sure that people understand the importance of water,

:06:12. > :06:15.and using it efficiently, and on the other hand, by providing the

:06:16. > :06:22.infrastructure, like reservoirs and dams, that need to be constructed in

:06:23. > :06:27.order to make us more resilient to these more intense events. But do

:06:28. > :06:33.Asian governments understand this immediate problem? I hope they will

:06:34. > :06:40.understand it, because we used to say that water is a local problem,

:06:41. > :06:45.but we know now that these local problems affect the global economy.

:06:46. > :06:49.You take the flooding in Thailand in 2011, and the droughts here now,

:06:50. > :06:55.they'll have impacts on the production of these countries that

:06:56. > :06:59.effect the global economy. So are there opportunities for innovative

:07:00. > :07:04.companies to be part of this immediate issue? Absolutely, and

:07:05. > :07:12.this is critical and strategic, because, in some situations, you

:07:13. > :07:15.have to reuse the sewage that is produced in order to have water to

:07:16. > :07:20.supply to people, so technology plays a very, very important role,

:07:21. > :07:25.and there is opportunity for companies to work in this area.

:07:26. > :07:28.India came away from this year 's election with a new government.

:07:29. > :07:31.Hundreds of millions of voters also came away from the polls with

:07:32. > :07:36.something else ` ink on their fingers. The one company, all those

:07:37. > :07:43.stained hands add up to a tidy profit.

:07:44. > :07:47.Having ink painted on your finger at election time here is designed to

:07:48. > :07:51.stop fraud, but it's also become a symbol of pride.

:07:52. > :07:55.Snapping a picture of your inked finger to put on Facebook, Twitter

:07:56. > :08:02.or Insta gram proved popular with celebrities and regular voters

:08:03. > :08:08.alike. It used to mark people think is after they voted and was made

:08:09. > :08:12.right here in Mysore, and they send out about 2.1 million bottles all

:08:13. > :08:18.over India, but now of course the elections are over, so I've come to

:08:19. > :08:23.find out, what difference did make to their company, and what are they

:08:24. > :08:26.going to do now? While things are pretty happy and quiet at the

:08:27. > :08:31.moment, it was a different story just a few months ago. You know, in

:08:32. > :08:36.fact we have got about 60 workers, so we've employed more workers from

:08:37. > :08:40.outsourcing. We took nearly 150 workers, and we took, totally, 15

:08:41. > :08:46.days to manufacture the indelible ink for the Indian elections. It's

:08:47. > :08:49.been in this business since 1962, supplying regional and state

:08:50. > :08:54.elections as well as the national campaigns, but it also tenders the

:08:55. > :08:59.contracts abroad. So far it's sold ink the ballots in about 25

:09:00. > :09:03.countries. Some countries put a point and some countries draw a

:09:04. > :09:06.line, and some dip their fingers into the bottle, so the quantity

:09:07. > :09:13.that is required depends upon the country also, and their type of

:09:14. > :09:17.usage. So at least 50% of the time we will be busy with the election

:09:18. > :09:24.vote. What about the rest of the time? This is a business that's used

:09:25. > :09:32.to evolving, and today other development keeps things running. It

:09:33. > :09:36.is the heart of this company. One of the important things about what we

:09:37. > :09:41.are manufacturing is this paint, mainly used as an automobile paint.

:09:42. > :09:47.Ink sales here will total about $8 million this year. But 2014

:09:48. > :09:49.obviously won't be typical. So, while it remains their most

:09:50. > :09:53.high`profile product, the business plan is to make a range of things

:09:54. > :10:02.that are in demand and try and make sure that the mix is right.

:10:03. > :10:15.Before we go, here's a quick look at the prices:

:10:16. > :10:23.All eyes right now are on that HSBC final PMI reading to be released

:10:24. > :10:29.tomorrow. Japan, Hong Kong, Australia, Singapore all in the plus

:10:30. > :10:32.column. Thank you so much for investing your time with us. I'm

:10:33. > :10:46.Rico Hizon. Sport Today is up next. BBC News. The top stories: The

:10:47. > :10:47.Afghan government has reacted angrily to