04/06/2014 Asia Business Report


04/06/2014

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been brought in by police. Now on BBC News, all the latest business

:00:00.:00:11.

news live from Singapore. Crisis plan, Thailand's military rulers lay

:00:12.:00:14.

out their strategy to restore investor confidence, and keep the

:00:15.:00:25.

economy moving. And no touching, could this be the future of computer

:00:26.:00:28.

technology? We go to the biggest tech show in Asia to find out.

:00:29.:00:34.

Welcome to Asia Business Report. Thailand's military rulers announce

:00:35.:00:36.

a series of emergency measures aimed at averting an economic crisis, two

:00:37.:00:39.

weeks after taking power in a military coup. 30 proposals are

:00:40.:00:45.

being discussed, including a price cut on fuel, and an offer of loan

:00:46.:00:51.

guarantees for small businesses. They want to push ahead with

:00:52.:00:54.

infrastructure projects that were stalled under the ousted government.

:00:55.:01:01.

In addition, the army says it will act on a backlog of investment

:01:02.:01:04.

applications worth more than $21 billion. Jonathan Head reports from

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Bangkok. The last time the generals ran this country, eight years ago,

:01:14.:01:16.

their ham`fisted efforts to manage the economy were derided. This time,

:01:17.:01:19.

they have inherited a shaky economy, compounded by falling confidence,

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high levels of consumer debt, and an unpredictable international

:01:22.:01:31.

environment. So their first measures have been crowd`pleasers, making

:01:32.:01:33.

overdue payments to rice farmers, and cutting the price of cooking gas

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and diesel fuel. And the stock market and consumer confidence

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indices have rewarded the two measures with small jumps.

:01:44.:01:47.

TRANSLATION: The new Government should attract more foreigners,

:01:48.:01:50.

because right now everyone is afraid to come to Thailand. For me, they

:01:51.:02:03.

should reduce prices of the daily needs we have, money doesn't go as

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far as it used to. One immediate reassurance the military has given

:02:07.:02:09.

is to revive the huge infrastructure projects of the government it

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ousted. This will be one of the main terminals for a massively expanded

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metro rail network for Bangkok. The military wants to push ahead with

:02:24.:02:25.

the ousted government's high`speed rail routes, and introduce some

:02:26.:02:28.

version of its price support schemes for crops, which is ironic when you

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think the military coup's supporters condemned the government policies as

:02:32.:02:41.

being irresponsible populism. In the end, the military will face the same

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dilemmas as the politicians ` how to balance being popular with being

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financially responsible, and how to stimulate investment without also

:02:52.:02:52.

stimulating more corruption. IATA stimulating more corruption. IATA

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has identified 30 companies that could provide tracking systems to

:03:00.:03:01.

prevent aircraft from going missing. The aviation industry has been

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scrabbling for a solution since MH370 vanished in March. The global

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airline body says measures to prevent it happening again could be

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available in four months. They need to be affordable and comprehensive.

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We need to fill the gaps in the non`radar environment. We have to

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look at those areas where we need to track the aircraft where it isn't

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under surveillance, for instance, the polar regions. They're covered

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over different parts of the oceanic regions, the Atlantic, the Pacific,

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over into all of the Indian Ocean region, and then there are some

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regions over landmasses. You have upper areas of Russia and areas

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within China. The senior Vice resident for safety and flight

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operations at IATA. `` vice president. New figures out in the

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last hour show Australia's economy grew 1.1% over the past quarter.

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3.5% for the year. That is the fastest pace in nearly two years. It

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follows moderate consumer spending and booming resource exports. The

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Australian dollar has risen on the strong GDP number. The US is

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slapping import duties of up to 35% on Chinese made solar panels. The

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new levies are set to escalate the trade war in the industry that began

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in 2012. The changes are in response to claims that the Chinese exporters

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have avoided earlier tariffs are outsourcing production to regions

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like Taiwan before assembling them in China. Russia and China plan to

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set up a joint ratings agency to assess investment project between

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the countries and to make trade between them easier. The stand`off

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by Moscow with the west of the Ukraine has made it eager to

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establish institutions that would reduce its dependence on the US and

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Europe. Google services are disrupted in China ahead of today's

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anniversary of the 1989 crackdown in Tiananmen Square. In a blog by

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censorship watchdog rate via .org it is claimed the government has been

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targeting Google search engines, Gmail and other services as last

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week. The ruling party has been controlling public discussion of the

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anniversary, but some activists have been detained. Within 40 years, the

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world's population will grow by two billion people to more than nine

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billion. Most of us will live in cities. That means it is crucial to

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create systems that keep big urban centres running like clockwork with

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everything from transport and infrastructure to security systems.

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The vice president for security and transportation at the global firm,

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Callas, and he says talent is a romance with three billion cars in

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the world and travel expected to increase twofold. ``Thales. We have

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to do something and the challenge will be how to manage innovative

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services `` Thales. How easy is that? None of this is unknown.

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Everyone has to deal with the growing population. The question is

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exactly where the growth is going to be and making sure the services

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match the growth patches. Is that a complex task? No it isn't. You need

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to look for quick wins. What we have done in London to increase the

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capacity of the queue by 23%. We are doing the same in Singapore. What we

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have done in Brisbane to look at free float holding, with a 70 cents

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reduction in incidence and eight cutting journey times. `` 70%.

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Talking about the flow on the tube. How do you increase it? Modern

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technology like signalling. We can push the trains closer together,

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thus putting more trains on the track and improving capacity. Less

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waiting time at stations. So what is the city of the future going to look

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like? Will it be different from what we know a city to be like today?

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Absolutely. It's got to be, with that rate of growth. We need to

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concentrate on connecting the modes of transport we already have.

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Looking at the data that comes from the systems also. Using that data in

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intelligent ways. Ensuring we can connect to services. And a citizen

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in a city, making sure he or she is getting a seamless journey, a

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personalised journey. Is there something your computer can't do

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now? There is a myriad of innovations on display in Taiwan at

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Asia's biggest computer and technology show, Computex. Our

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correspondent takes a look at their gadgets. We are getting a glimpse of

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the latest trends in technology. They will shape this industry in the

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coming months. These technologies don't apply only to the office, but

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the home environment also. With me is Intel's Sanjoy. What we have here

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is a 3`D camera. We have embedded into the notebook and it has a great

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advantage. We are sitting in the bedroom and I want to have a

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meeting, but I don't want everyone to see my bedroom. So what we do is,

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using this technology, I can extract the background and replace it with

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my work. And, no`one can see your messy bed or your kids or anything.

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Exactly. Tell us what we have here. Let's you are in the kitchen and

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your cooking and you don't want to do to your computer. What I am going

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to do is walk up to the computer, put my head in front of it and then,

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I can move the screen around using my hand. I can pick a certain menu,

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open my hand and all of a sudden it will open the page and take me

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there. White without touching the screen. Yes. I don't have to deal

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with getting the computer dirty. I can't stand so many cables and

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wires, do you have a solution? We do, we have Intel wireless charging.

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You can put down a notebook or a tablet or phone on a table like this

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and it will start charging automatically. This is no ordinary

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table, is it? We have taken a regular table and put coils on the

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bottom of it. We have designed a kit that will allow anyone to do that.

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If you have a wireless charging notebook or a tablet or phone, you

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can put it on and it will charge those devices as soon as you put it

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on. So I can show you the example of what it does. If you look at this

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table, what it has done is it has created a... It is lighting the

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lights where the charge is quite so you can see where the charge is

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happening. Just three of a vast array of products that reflect a

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growing trend of making technology user`friendly and practical for

:10:06.:10:06.

consumers. For more on all that is consumers. For more on all that is

:10:07.:10:15.

on show there, log onto our website and check out our technology page.

:10:16.:10:21.

Now, a quick look at the market. They have opened mainly down, but

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barely moved. Not much of a lead from Wall Street, which was

:10:29.:10:30.

marginally weaker overnight. The Nikkei is down. Traders found few

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reasons to buy. The SNP is down 20. Hang Sang is down 111. And that is

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it for this edition of Asia Business Report. The top stories this hour:

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Syrian authorities are talking of a high

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