:00:00. > :00:00.the Labour MP Jo Cox. He shouted" written first" as he shot Jo Cox
:00:00. > :00:00.just after the EU referendum in June.
:00:07. > :00:13.Here is that Sharanjit Leyl with Asia Business Report.
:00:14. > :00:18.From business to politics. Can Donald Trump crossover to the
:00:19. > :00:24.presidency without conflicts of interest? And grains for good. Rice
:00:25. > :00:32.growers in Cambodia take a unique approach.
:00:33. > :00:40.Welcome to edge a business report. I am Sharanjit Leyl. Can Donald Trump
:00:41. > :00:45.profit from the presidency? The President-elect is being urged to
:00:46. > :00:48.separate himself from the Trump organisation to avoid any conflict
:00:49. > :00:52.of interest that while there is no law enforcing him to do so, it has
:00:53. > :00:57.been the past practice of other presidents for the last 40 years.
:00:58. > :01:01.But, if that campaign has shown us anything, it is that the soon-to-be
:01:02. > :01:04.leader of the United States is anything but conventional. We have
:01:05. > :01:12.more from New York. These are the most visible parts of
:01:13. > :01:15.the President elect's empire. Mr Trump says he can be both
:01:16. > :01:21.businessmen in chief and commander-in-chief. There is nothing
:01:22. > :01:26.in the Constitution that addresses this. There are implicit concerns in
:01:27. > :01:29.the Constitution about the corruption possibility that there
:01:30. > :01:34.nothing that at this level of specificity. This is a practice that
:01:35. > :01:38.has emerged in the United States only in the 20th century. The
:01:39. > :01:42.practice exists for a reason. This weekend meeting with Indian real
:01:43. > :01:47.estate developers already raises questions about Mr Trump's ability
:01:48. > :01:50.to celebrate -- separate his business from the presidency. Donald
:01:51. > :01:55.Trump the businessman has seen conflicts. Casino bankruptcies,
:01:56. > :02:00.fraud at Trump University and even tussle is over hiring practices at
:02:01. > :02:03.one of his hotel. If you does nothing come January 20, these
:02:04. > :02:10.entanglements will be with the President of the United States. The
:02:11. > :02:15.challenge of course is Mr Trump is his business. And so is his family
:02:16. > :02:20.which makes them -- claims that his children will now control the Trump
:02:21. > :02:24.organisation. -- it makes the claim is ludicrous to many. There is no
:02:25. > :02:28.need to dismantle his business empire but certainly to simply say,
:02:29. > :02:34." I'm going to let my children handle it" is not sufficient. If we
:02:35. > :02:37.in the States would hear something like this, we would associate this
:02:38. > :02:43.kind of intermingling of government and business is something a feature
:02:44. > :02:46.of a banana republic. The Constitution does say that the
:02:47. > :02:53.President cannot accept any foreign money or gifts without the consent
:02:54. > :02:57.of Congress. It makes Mr Trump's International business dealings
:02:58. > :03:02.questionable under law. We should expect there to be continual
:03:03. > :03:10.concerns, maybe scandals, maybe hearings in Congress, about the
:03:11. > :03:14.President's business interest, America's foreign policy and even
:03:15. > :03:21.domestic policy. It's all going to be in one big night and it's going
:03:22. > :03:27.to be difficult to straighten out. -- knot. Now, he seems intent on
:03:28. > :03:30.mixing his business with his presidency but it's hard to see how
:03:31. > :03:34.this approach will keep in compliance with US law and
:03:35. > :03:37.convention. It also seems long way away from his campaign promise to
:03:38. > :03:42.drain the swamp of corrupt US politics.
:03:43. > :03:52.Staying with Trump, the President elect has attacked China during the
:03:53. > :03:56.campaign saying it keeps currency artificially low in order to make it
:03:57. > :04:00.exports cheaper overseas but his election has strengthened the US
:04:01. > :04:12.dollar, forcing the UN to seven-year lows -- yen. Earlier, I spoke with
:04:13. > :04:15.David Marsh of the official monetary and financial institutions for and I
:04:16. > :04:16.asked him what is driving down these Asian currencies.
:04:17. > :04:22.We have had eight or nine years of very low interest rates all over the
:04:23. > :04:26.world and America is just starting very hesitantly last you to raise
:04:27. > :04:30.rates. Now, we are seeing a real turning point because you see Donald
:04:31. > :04:35.Trump coming in is wearing huge infrastructure programmes, huge tax
:04:36. > :04:39.cuts, deficit spending, so that will force up inflation which in a way is
:04:40. > :04:43.a good thing, maybe get the economy going but of course it means is a
:04:44. > :04:47.strong dollar 70s leading to war this attrition, not just in this
:04:48. > :04:50.part of the world but also the euro sterling as well, they have been
:04:51. > :04:54.weak. I prophesy is that over the next year, the dollar will be strong
:04:55. > :04:59.and a lot of things that Donald Trump wants to do will be made null
:05:00. > :05:02.and void by the fact that the strong dollar will not be very good for
:05:03. > :05:06.manufacturing workers. Indeed. And all the things that he has promised
:05:07. > :05:08.may be ending up to where he needs second thoughts.
:05:09. > :05:17.Airbnb is said to be in talks to buy China's second largest home
:05:18. > :05:21.accommodating service. While Airbnb is the biggest online platform for
:05:22. > :05:25.people to rent their homes to travellers globally it is having a
:05:26. > :05:29.really hard time to break into the Chinese market. The San Francisco
:05:30. > :05:31.-based company already has about 70,000 properties listed in the
:05:32. > :05:38.world 's most populous nation. Asia is getting richer and overseas
:05:39. > :05:42.development is playing a much smaller role in helping countries
:05:43. > :05:50.develop further here. New figures from the foreign aid now accounts
:05:51. > :05:56.for just 7% -- .7% of flows into the Asia-Pacific region and that is done
:05:57. > :06:03.from 13.5% in 1994 stop does that mean that the private sector will
:06:04. > :06:07.play a bigger role? We spoke with the director of Asian Pacific but
:06:08. > :06:09.the UN development programme. We asked how aid could be made more
:06:10. > :06:19.efficient. Business provided 90% of jobs. You
:06:20. > :06:21.have to get government to get serious about sustainable
:06:22. > :06:27.development. Work with them intensively. So that they take
:06:28. > :06:32.sustainability as part of their business strategy. A civil society
:06:33. > :06:35.organisation has a role to play but this depends on the country context
:06:36. > :06:41.of whether the service position, whether it is a watchdog, who is
:06:42. > :06:47.accountable. And individuals going for innovation, setting up a small
:06:48. > :06:53.business and so forth. It is a coalition of assets. How it balance
:06:54. > :06:59.shifting between the need to eight and the need for direct investment?
:07:00. > :07:02.In Asia-Pacific, most of the countries art need income countries
:07:03. > :07:06.which means their ability to finance their own development has increased.
:07:07. > :07:18.The relative importance of aid hasn't dished -- has declined.
:07:19. > :07:23.Governments own finance which is increasing very rapidly. Financing
:07:24. > :07:30.flows from the private sector, from the financing market and also,
:07:31. > :07:34.private individuals. How is the current economic climate affecting
:07:35. > :07:40.countries or willingness to give aid and other foreign investment? We
:07:41. > :07:45.have only one planned. We talk about plan a and plan B in our business
:07:46. > :07:49.planning but there is no plan B. There is only our common future. We
:07:50. > :07:55.see the convergence of all parties for a sustainable future.
:07:56. > :08:00.Farmers in Cambodia are being offered a much-needed boost to their
:08:01. > :08:05.bottom line by a company with an unusual motive and the price of rice
:08:06. > :08:09.has been falling but for those willing to adopt some very high
:08:10. > :08:13.environmental standards, there is an opportunity. The wildlife
:08:14. > :08:20.conservation Society together with the firm called Ibis Rice are
:08:21. > :08:55.working on a future to create an egg -- ethical taste of Asia.
:08:56. > :09:00.You have the National bird of Cambodia thought to be extinct and
:09:01. > :09:04.you discover it after years of thinking its lost next to rural
:09:05. > :09:11.communities growing some of the best jasmine rice in the world. So what
:09:12. > :09:15.Ibis Rice is all about is linking organic farmers with the consumer
:09:16. > :09:28.that appreciates organic process -- products.
:09:29. > :09:36.Ibis rice is much more than organic rice. There is a story behind the
:09:37. > :09:40.product and it holds up. I mean, I see it is really great, the farmers
:09:41. > :10:10.love it, the farmers are very enthusiastic.
:10:11. > :10:16.Let's look at the markets before we go because the Nikkei continues to
:10:17. > :10:20.make gains. It is near an 11 month high and that is after the Dow hit
:10:21. > :10:24.an all-time high for the third straight day due to some extent what
:10:25. > :10:31.people are calling that Trumper said. Other currencies in the region
:10:32. > :10:40.are flat at the moment. That is all, thank you for watching.
:10:41. > :10:45.The headlines et al. Hong Kong's hi Scott will begin hearing an appeal
:10:46. > :10:46.shortly from