25/09/2014 Asia Business Report

his list of priorities. Now on BBC News all the latest

business news live from Singapore. Agricultural giant Cargill pledges

to help stop deforestation, we ask the CEO whether they will walk the

talk. Immigrants to Australia have been struggling to find jobs because

of rising unemployment and sometimes discrimination.

Thank you for joining us. One of the world 's largest

agricultural companies have pledged `` has pledged to rule out

afforestation from its applied change `` chain. Cargill, a major

palm oil producer which processes grains and corn made the commitment

at a United Nations summit in New York on Tuesday, and were among 40

companies who agree to try and end tropical deforestation by 2030. Our

correspondent asked the CEO what led to the move. It is too big to

ignore. That is why I want Cargill to be a leader and be in front in

terms of doing whatever we can and bring others along with us when

addressing this. The fact is it adds volatility. Extreme temperatures,

lack of rainfall, or extreme rainfall. We believe in risk

management and understanding how to manage it for our own businesses and

customers. In the past, companies and financial leaders have said, we

cannot do anything about climate change because it will hurt economic

growth. Does that argument still hold? Are we at a tipping point? I

think it is, we are. If you mean whether we are at a tipping

point... But the mindset is changing? It is. Economic growth and

economic success is not incompatible with doing something about climate

change without... It is not incompatible with taking deliberate,

smart and specific steps to do whatever we can to make sure we

build sustainable supply chains and take steps to eradicate

afforestation and climate change `` deforestation. I do not believe they

are incompatible. I do think that the momentum is significant.

Cargill' CEO speaking to our correspondent.

Technology now, wearables are still in the infancy stage, and it has not

become as ubiquitous as mobile phones. A recent study has found

that fewer than 20 million products have been shipped this year but the

market could be more than five times as big by 2018. Earlier, I spoke to

the CEO of business software company ever know to get his take on the

importance of innovation and wearable technology. How people use

the devices will be the biggest area of design in the next few years ``

Evernote. You can have an application on a single device like

a phone, to one that crosses onto tablets, into your car,

refrigerator, everything all at once. The question is, with the

seamless convergence of technology, is security. If you have one

device, it can get information from all of the other technologies that

you have? It makes security and privacy more important, you have

technology that is much more intimate and closer to you, more

aware of everything you do. It raises the bar on how important

security and privacy is. I think all of the leading companies will have

to step up and take it seriously. Tell us, how does a software company

like yourself go about picking winners and spotting the trends that

matter in wearable technology? We aren't really in the business of

picking winners, we develop Evernote for every platform that we think is

viable. We aren't winners but geeks, we love you hardware and devices, it

doesn't take as much to get excited about something coming out. We see

which versions have the most staying power. Briefly, tell us which has

the most staying power from the product range you have at the

moment? It really feels to me like the Apple watch is going to

introduce the mainstream era of wearables, the Apple watch itself

may or may not be successful, and will force other companies to become

more mainstream. We have been developing smart watches for a

couple of years now, and it feels like it will take a major step to

going from early ones to hundreds of users `` hundreds of millions of

users. BlackBerry has held its first major

phone launch in two years, the new square shaped passport phone is

bigger, but is it better? With sales falling from 11 million units to a

few years ago to just 1 million last year, the company has been under

pressure to come up with a new product. Is it enough? Is it too

little too late? Our correspondent finds out. In the smart phone

battle, blackberry has had a pretty torrid few years, it's fair to say,

but this is the device it believes will get it back in the fight, the

Passport. The key thing you notice is that it has a keyboard.

BlackBerry returns to what it sees as its key strength. That is the key

point, isn't it? The size stands out, and the keyboard? Yes, two

things about it, the size, we try to be innovative with size and shape to

give people the real estate on the screen without compromise. It is

big. It fits in your pocket `` pocket quite easy, but it gives

people what they have been asking for, the keyboard. They like a big

screen. With the keyboard, there are only three physical lines of keys.

The key thing people will say is where are the applications? There

are so many great apps you can have on other phones now, but you don't

have them? We did in BlackBerry ten and BlackBerry world. The developers

put new to fragment against the resource, we do have the capability

to have applications. We can release them on this phone, and two other

phones and the existing ones as well. You can play games, share

photos, do you have Instagram? You can go on to the Amazon store, and

get the applications. The truth is, you have lost your customers? They

have gone to Apple, android, and they will not come back?

come in and see the innovation on this phone, they see what we have

done with the keyboards. We have improved security levels, and good

battery life. This phone will give you 25 hours solid battery life.

With other phones, you will get less than a day. Migrants have played a

major role in Australia's long`term economic success but at the moment

unemployment topped 6%, and in a recent study by the Australian

bureau of statistics, it suggests the outlook is even tougher for out

`` for migrants and temporary residence. One in three find it

difficult to get a first job. This man is a chef and spoke only

man to ring when he arrived in Australia from Beijing in the late

1980s. `` from Beijing. days, a lack of English was a real

obstacle. Unable to find work he went to college and it was the start

of a journey. Language is a priority to mix with

locals. I went to school to learn English. When you communicate, you

can start your life. Family is good, life is good, children are good. You

can get it by working hard. Unemployment in Australia is at

levels not seen for more than a decade. Migrants from

non`English`speaking backgrounds have traditionally had far higher

rates of joblessness than other Australians. There are fears that

the gap will only widen as the situation here gets worse. John

Connor arrived in Australia from South Sudan as a refugee ten years

ago. He now has a degree in medical science, but cannot break into his

chosen field. Throughout his time in Australia, he has found the labour

market a tough challenge. I had to struggle actually for the first

three years, when I came to Australia. I struggled to go to

school to learn more. I had to go to the factories, that was very

difficult to. I had to keep trying until I got my first job. `` too. A

quarter of Australians were born overseas, this is a modern country

built by successive waves of migration. There is a belief that

diversity has made the Australian economy stronger. There's an

overwhelming consensus in Australia that multiculturalism and

immigration has been a good thing. It's clear the links between

immigration and trade and foreign investment improved Australia's per

capita income. Migrants often struggled to find a job in Australia

because of a lack of relevant experience. Language problems and

discrimination. Most eventually overcome initial struggles but if it

gets even harder for new arrivals to find work, it will be a concern for

the whole economy. Phil Mercer, BBC News, Sydney.

In the markets, Asian stocks are trading higher in mid`morning

Thursday trade after US equities rebounded overnight having their

best performance in over a month, making gains in healthcare and

consumer stocks. Thank you for investing your time

with us. Goodbye for now. I'm Mike Embley. The top stories

this hour. David Cameron has told the UN General Assembly he wants

Britain to take part in air strikes in Iraq and will seek approval when

Parliament is recalled on Friday. American planes, supported by others

from Saudi Arabia and the United Arab emirates attacked small`scale

oil refineries run by Islamic state in eastern