02/06/2014

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:00:00. > :00:00.That is at least 50 more than previously thought. The youngest

:00:00. > :00:00.alleged victim was just two years old. Now all the latest business

:00:00. > :00:22.news live from Singapore. Size of improvement in the world's

:00:23. > :00:26.second`largest economy. Growth in China's manufacturing hit a

:00:27. > :00:31.five`month high. And what can businesses do about the effect of

:00:32. > :00:38.unpredictable climate patterns on the world's water supply?

:00:39. > :00:43.Thank you for joining us on Asia Business Report. Efforts by the

:00:44. > :00:48.Chinese government to boost growth in the economy are showing early

:00:49. > :00:54.signs of success, figures measuring the output in May show the fastest

:00:55. > :00:58.pace of growth for five months. But there are still worries about

:00:59. > :01:06.weakness in the property market as well as disappointing growth in

:01:07. > :01:10.investment and consumption. I think there are two reasons for that.

:01:11. > :01:17.Foreign demand, we have seen an export growth. And the stimulus

:01:18. > :01:20.measures you mentioned, they have created a rebound in infrastructure

:01:21. > :01:25.investment. That is helping to support the manufacturing. And the

:01:26. > :01:29.Chinese government wants to sustain this growth in factory output

:01:30. > :01:32.because on Friday they introduced fresh measures such as lower funding

:01:33. > :01:39.costs and reducing operational costs. Exactly. There are still

:01:40. > :01:43.concerns that the property sector is putting a lot of pressure on the

:01:44. > :01:49.economy. That has forced them to consider further stimulus measures.

:01:50. > :01:52.Do we expect more of the stimulus initiatives coming from the Chinese

:01:53. > :01:57.government, more targeted measures, rather than a massive stimulus

:01:58. > :02:00.package? That is one of the interesting things this year and

:02:01. > :02:05.last year. The government has avoided rolling out across the

:02:06. > :02:10.board. That reflects the fact that they do not want to see a renewed

:02:11. > :02:17.credit boom. They want to support growth, but not at the expense of

:02:18. > :02:21.future growth. I definitely would not want to rule out further

:02:22. > :02:27.targeted measures. I do not think we will see across the board listening.

:02:28. > :02:35.On Tuesday, we have the final PMI reading from HSBC. That focuses on

:02:36. > :02:38.smaller companies and private firms. That number will be interesting to

:02:39. > :02:44.see if that number confirms what we saw in the flash reading, which was

:02:45. > :02:51.interesting to look at the number interesting to look at the number

:02:52. > :02:54.and see if this showing what the upper indicators are showing, that

:02:55. > :03:01.things are looking better than they were at the beginning of this

:03:02. > :03:05.quarter. Flights have resumed in Australia after an ash cloud from an

:03:06. > :03:08.Indonesian volcano cleared. The volcanic dust had stopped

:03:09. > :03:16.flights from South East Asia to Perth and Darwin. An Indonesian

:03:17. > :03:20.volcano is still erupting and that could impact flights to Bali in the

:03:21. > :03:24.coming days. All eyes are on the worldwide

:03:25. > :03:28.developers conference in San Francisco, where Apple is expected

:03:29. > :03:40.to unveil the next version of the iPhone and Mac software.

:03:41. > :03:45.It covers two thirds of the world's surface and yet at times it can be

:03:46. > :03:49.worryingly scarce. We will be hearing from the president of the

:03:50. > :04:02.world water Council for his views on how visitors can head off any water

:04:03. > :04:05.shortages. On the south`western coast of the

:04:06. > :04:10.world's trice the world's priced inhabited continent sits Perth.

:04:11. > :04:13.Australia's driest major city. The chronic lack of rain in recent years

:04:14. > :04:20.has forced the authorities to rethink their approach to water. The

:04:21. > :04:26.aim has been to drought proof a city of almost 2 million people. Western

:04:27. > :04:30.Australia has seen climate change happen faster and earlier than

:04:31. > :04:36.almost anywhere else on the planet. In the last 15 years, the water from

:04:37. > :04:43.rain into our dams has dropped to 1/6 of what it used to be before

:04:44. > :04:47.that. To help satisfy a thirsty and growing population of the

:04:48. > :04:55.desalination plant reduces more than 150 millilitres of drinking water

:04:56. > :05:02.every day. Now half of the city's water supplies can come from the

:05:03. > :05:09.sea. Recycling and pumping waste water into tanks are part of a grand

:05:10. > :05:13.plan. We have got two desalination plants. We have also been trailing

:05:14. > :05:29.and made the decision to go down the path of groundwater. We need to

:05:30. > :05:35.become rest reliant on rental. Creating green oases as well as

:05:36. > :05:37.guaranteeing supplies is not cheap. Desalination is an expensive

:05:38. > :05:42.process. Although household consumption has been falling, bills

:05:43. > :05:47.have doubled in recent years. The authorities believe that Perth can

:05:48. > :05:56.show Read deprived cities in other countries how to become green and

:05:57. > :05:59.inviting. `` water deprived. The president of the world water

:06:00. > :06:06.Council explains what businesses can do. Working on the demand side,

:06:07. > :06:13.making sure that people understand the importance of water and using it

:06:14. > :06:19.efficiently and on the other hand by providing the infrastructure like

:06:20. > :06:27.reservoirs and dams that need to be had in order to make us more

:06:28. > :06:32.resilient. Do Asian governments understand this immediate problem? I

:06:33. > :06:37.hope they will start understanding it, because we used to say that

:06:38. > :06:43.water is a local problem, but we know now that this local problems

:06:44. > :06:50.affect the global economy. Take the flooding in Thailand in 2011 and the

:06:51. > :06:56.droughts here now. They all have impacts on the production of these

:06:57. > :07:00.countries. Are there opportunities for innovative companies to be part

:07:01. > :07:06.of this immediate issue that has to be addressed? Absolutely. This is

:07:07. > :07:19.critical. In some situations, we will have two reuse sewage.

:07:20. > :07:24.Technology plays a very important role and there is an opportunity for

:07:25. > :07:29.companies to work in this area. The president of the world water

:07:30. > :07:32.Council. India can always come this year's

:07:33. > :07:36.election with a new government. Millions of voters came away with

:07:37. > :07:47.something else, ink on their fingers. For one company, all of

:07:48. > :07:51.those add up to a tiny profit. Having each painted on your finger

:07:52. > :07:55.is designed to stop fraud. But it has also become a symbol of pride.

:07:56. > :08:01.Snapping a picture of your finger to put on Facebook, Twitter or

:08:02. > :08:06.Instagram proved popular with celebrities and regular voters

:08:07. > :08:15.alike. It was made right here at this back to `` factory. They sent

:08:16. > :08:19.out 2.1 million bottles all over India. Now the elections are over. I

:08:20. > :08:25.have come to find out what difference it made to the company

:08:26. > :08:28.and what are they going to do now. While things are pretty quiet at the

:08:29. > :08:36.moment it was a very different story just a few months ago. We have got

:08:37. > :08:42.around 60 workers. We employed more workers from outsourcing. We took

:08:43. > :08:51.150 workers and 50 days to manufacture the end. It has been in

:08:52. > :08:56.this business since 1962. Supplying regional and state elections as well

:08:57. > :09:04.as the national campaign. It also tenders contracts abroad. From 25

:09:05. > :09:10.countries. Some countries draw a line and some put a point. Some

:09:11. > :09:16.deeply fingers into the bottle. So the quantity required depends upon

:09:17. > :09:22.the country. At least 50% of the time, we will be busy with

:09:23. > :09:27.elections. What about the rest of the time? This is a business used to

:09:28. > :09:32.evolving. Today it has another development keeping things running.

:09:33. > :09:36.Paint is the heart of the manufacturing process of this

:09:37. > :09:44.company. One of the important manufacturing is this kind of paint.

:09:45. > :09:50.Mainly used as an automotive paint. Ink sales will total about $8

:09:51. > :09:53.million this year. 2014 will not be typical. While it remains the most

:09:54. > :09:57.high profile product, the business plan is to make a range of things

:09:58. > :10:07.that are in demand and make sure that the mix is right.

:10:08. > :10:12.Before we go, here is a look at Asian markets. At this hour they are

:10:13. > :10:18.all in positive territory. Lifted by another record close in US stocks

:10:19. > :10:26.and upbeat China factory data. All eyes is on this HSBC final reading.

:10:27. > :10:30.We have Japan, Hong Kong, South Korea and Australia all in the win

:10:31. > :10:42.column. Thank you for investing your time with us. Goodbye for now.

:10:43. > :10:43.Here are the headlines: The