09/09/2016

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:00:00. > :00:12.Now on BBC News, all the latest business news live from Singapore.

:00:13. > :00:23.Trying to get on board. BBC team 's stakeout containership in Singapore

:00:24. > :00:27.waters are lobbying to South Korea's troubled shipping company. And the

:00:28. > :00:37.start up in Indonesia that is helping a special group of commuters

:00:38. > :00:44.get from point to point B. Welcome to Asia Business Report. South

:00:45. > :00:49.Korea's shipping firm Hanjin has been in trouble waters since it

:00:50. > :00:52.filed for court receivership last week. The government said it was

:00:53. > :00:55.looking into offering aid at the Korea development bank says

:00:56. > :00:59.providing extra funding could lead to a breach of trust since there is

:01:00. > :01:04.no certainty the extra help will actually guarantee the firm's

:01:05. > :01:08.survival. Hanjin's financial troubles have led to as much as $14

:01:09. > :01:12.billion of its customers' merchandise being anchored out at

:01:13. > :01:19.sea. One of their ships is actually off Singapore waters and I went out

:01:20. > :01:24.to try and find it. Now, I am getting on board this boat to go in

:01:25. > :01:33.search of one of the Hanjin ships that was seized off the coast of

:01:34. > :01:39.Singapore. We have started off, and literally looking out the window of

:01:40. > :01:43.this boat, there are ships just about everywhere you look. That is

:01:44. > :01:48.because Singapore is one of the world's busiest trading ports. And

:01:49. > :01:52.we have spotted the ship. It is just over there at the moment and we are

:01:53. > :01:56.going in for a closer look. We are up close to this ship now and you

:01:57. > :02:01.can see hundreds of containers. What I know about this ship is it was

:02:02. > :02:06.seized by a creditor in late August, and there is no sign of a crew on

:02:07. > :02:10.board, but this ship like many around the world is in limbo. This

:02:11. > :02:14.particular ship is awaiting a court decision on its fate and meanwhile

:02:15. > :02:19.there is only food and water on board the last the crew a few weeks.

:02:20. > :02:24.We will try to get onboard the ship, I will make contact with them now.

:02:25. > :02:31.We want to know the fate of your ship, and also of yourself and your

:02:32. > :02:37.crew. Because Hanjin Shipping has filed for bankruptcy.

:02:38. > :02:45.Do they have enough food and water to last few weeks? Can we come

:02:46. > :02:52.on-board? We would like to interview you.

:02:53. > :03:00.We have waited nearly an hour now to get on-board that ship, and we have

:03:01. > :03:06.tried the various authorities seek permission. We haven't been able to

:03:07. > :03:10.do so. But what we do know is the captain's phone number, so I am

:03:11. > :03:15.hoping to be able to call him and follow up a little bit more on the

:03:16. > :03:20.fate of his crew and the fate of his ship. And we will be bringing you

:03:21. > :03:25.more on that story as we follow the story of that ship over the next few

:03:26. > :03:29.weeks. Pakistan's flag carrier has seen its fair share of troubles in

:03:30. > :03:37.the last four decades, mounting debt and losses have meant that Pakistan

:03:38. > :03:41.International Airlines has shrunk to a fraction of what it used to be.

:03:42. > :03:45.The government is pressing ahead with plans to privatise it and has

:03:46. > :03:49.appointed a new chairman. This is the footage shot by a BBC team

:03:50. > :03:56.on-board Pakistan International Airlines flight. From Karachi to

:03:57. > :04:03.Islamabad, the temperature control system clearly isn't working. The

:04:04. > :04:05.cabin crew have no response. TRANSLATION: I have been

:04:06. > :04:08.continuously sweating, and throughout the journey

:04:09. > :04:15.air-conditioning was not working. The airline is $3 billion in debt.

:04:16. > :04:22.The government says privatisation is necessary to generate cash. But it

:04:23. > :04:26.is not a popular move. The strike by airline staff turned violent in

:04:27. > :04:31.February. Three Pakistan International Airlines employees

:04:32. > :04:36.died. But the carrier's new chairman says that privatisation is the only

:04:37. > :04:42.way to make Pakistan International Airlines efficient and profitable.

:04:43. > :04:49.In PIA, we are doing a lot of non-core business. For example, we

:04:50. > :04:54.have our company called SpeedEx, which is actually a career service

:04:55. > :04:58.Company. Now of course PIA has no business being a career service

:04:59. > :05:04.companies so it is envisaged that to make PIA more efficient we feel that

:05:05. > :05:08.the non-core business of PIA should be separated with a core business.

:05:09. > :05:12.Our core business is flying aircraft. For the time being the

:05:13. > :05:16.government remains in control of the carrier. This was the Prime Minister

:05:17. > :05:20.launching a new Premier service on its flagship London route. It wants

:05:21. > :05:26.to let the new management try and improve the flying experience before

:05:27. > :05:29.considering privatisation. Yes, it is going to compete with the Middle

:05:30. > :05:35.Eastern and Gulf airlines, and we are going to be very close to their

:05:36. > :05:41.standards, if not better, at least equal to their standards. In the

:05:42. > :05:46.meantime, the traditional PIA aircraft and service will also be

:05:47. > :05:50.enhanced. So this is going to be a very upmarket service. It is not the

:05:51. > :05:54.first time the airline is trying to overcome its troubles by spending

:05:55. > :06:00.more money. Aviation experts say the chances of Pakistan International

:06:01. > :06:09.Airlines surviving and thriving are still up in the air. And in other

:06:10. > :06:12.aviation related news, the US Federal aviation Administration has

:06:13. > :06:22.advised airline passengers not to turn on or charge their Samsung

:06:23. > :06:26.Galaxy Note Seven smartphones, due to concerns over fire prone

:06:27. > :06:34.batteries. The move comes after 2.8 million units were recalled. Qantas

:06:35. > :06:39.in Australia have given customers similar advice. Air pollution is not

:06:40. > :06:43.just a threat to health but also to the global economy, according to a

:06:44. > :06:48.World Bank report. An estimated 5.5 million lives were lost in 2013 to

:06:49. > :06:52.to diseases associated with air pollution. Those deaths cost the

:06:53. > :06:58.global economy about $225 billion in lost Labour income. Hitting around

:06:59. > :07:01.Indonesia's crowded streets is tricky enough and it is even more of

:07:02. > :07:07.a challenge for commuters with physical disabilities. One man as he

:07:08. > :07:12.has a way to make things a little easier while also providing jobs for

:07:13. > :07:15.disabled people. He launched a 1-of-a-kind taxi service, and the

:07:16. > :07:22.BBC team went to find out about his start-up's success. It is really

:07:23. > :07:26.hard to find public transportation for people with disabilities like

:07:27. > :07:31.us. Bus companies don't pay for extra staff to help us, because they

:07:32. > :07:35.want to keep their operational costs down. Able-bodied people can get on

:07:36. > :07:57.the bus easily. But for us it is very troubling.

:07:58. > :08:05.TRANSLATION: The number of potential customers is quite deep. Jakarta

:08:06. > :08:11.city is one of Indonesia's top tourism destinations, so we can

:08:12. > :08:17.offer tours of the city. The most important thing about my business is

:08:18. > :08:25.that it is unique, making it impossible for competitors. All my

:08:26. > :08:28.drivers and my staff have a disability. We are the only

:08:29. > :08:43.motorcycle taxi company in the world that empowers people with a

:08:44. > :08:46.disability to earn an income. TRANSLATION: If we can't move from a

:08:47. > :08:48.wheelchair we can just roll the chair of the motorcycle, sit there

:08:49. > :09:05.and enjoy the ride. TRANSLATION: I just use the service,

:09:06. > :09:09.it was all the drivers are people with a disability, like me. And as a

:09:10. > :09:24.disabled person they know how hard it is to earn money. TRANSLATION:

:09:25. > :09:27.People with a disability use our service because they need to.

:09:28. > :09:31.Able-bodied people use our service in part because they feel sorry for

:09:32. > :09:35.us. That's not a problem for me, though, because those people who

:09:36. > :09:41.feel sorry for us, they realise that our service is actually good. We are

:09:42. > :09:45.proud to be able to offer a comfortable ride for everyone. The

:09:46. > :09:53.most important thing is, when you want to use us again, don't feel

:09:54. > :09:57.sorry for us. Heartwarming start up story there. Let's take a look at

:09:58. > :10:00.the markets, because we have got the Asian markets, especially the Nikkei

:10:01. > :10:04.and the all Ordinaries, they are open at the moment. The Nikkei is

:10:05. > :10:08.being helped by the lower yen. We saw Europe's Central Bank leaving

:10:09. > :10:13.interest rates unchanged, leading to those changes. The all ordinaries

:10:14. > :10:17.are down about 1%. Pretty much taking its cues from Wall Street, we

:10:18. > :10:22.saw Wall Street falling overnight, and this wasn't helped by Apple

:10:23. > :10:27.shares, which were down 2.5%, their steepest slide since Brexit in late

:10:28. > :10:36.June. The top stories this hour:

:10:37. > :10:40.Vladimir Putin is more of a leader