24/08/2017

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:00:16. > :00:27.Samsung Electronics unveils the Note eight, their successor to number

:00:28. > :00:31.seven which was famous for catching fire. We look at how Singapore is

:00:32. > :00:42.catering to higher demand for end of life care. Good morning, Asia, hello

:00:43. > :00:50.world. It's Thursday, glad you could join us. We start off with Samsung

:00:51. > :00:54.Electronics and South Korea's smart phone giant is trying to wipe the

:00:55. > :01:00.slate clean with their latest device, the Note eight. Its

:01:01. > :01:08.predecessor gained notoriety from exploding batteries. Recall is cost

:01:09. > :01:16.the company around 5 billion US dollars. I spoke about the safety of

:01:17. > :01:25.the latest device. We subject all of our devices to strenuous testing, we

:01:26. > :01:29.have used that and we are confident in our product delivery. Is going to

:01:30. > :01:34.be the most expensive mainstream phone on the market, are people

:01:35. > :01:44.really going to pay that price? We are anticipating this product to go

:01:45. > :01:47.on sale in the UK at ?869. It has the capabilities of multiple devices

:01:48. > :01:51.in a single device. We believe it is great value. There is no denying

:01:52. > :01:58.that the smartphone industry has become very competitive. Earlier I

:01:59. > :02:05.asked an analyst if the Note series can bounce back. The answer to that

:02:06. > :02:14.question is, have they done well with other products? It's Galaxy X8

:02:15. > :02:25.device has done well. What about the hardware of this Note eight? Day

:02:26. > :02:31.I've got to position it as the best product in the market in terms of

:02:32. > :02:37.memory, power and its camera -- they have. They say they have addressed

:02:38. > :02:41.the battery issues. I think, presumably definitely, they will

:02:42. > :02:47.have addressed that issue, given the huge cost they have had with the

:02:48. > :02:51.problems with the Note seven previously. Some consumers may hold

:02:52. > :02:57.back before purchasing it to check that everything is OK. What about

:02:58. > :03:03.the next iPhone? Everyone is awaiting its launch. Will it be any

:03:04. > :03:08.different from any other smart phone in the market? I think one of the

:03:09. > :03:12.key differentiator is and being successful in the smart phone market

:03:13. > :03:18.is new innovation. Everyone is waiting to see what the innovation

:03:19. > :03:24.will be for this new iPhone. It is ten years since the original launch.

:03:25. > :03:35.A lot of people are expecting facial recognition technology and possibly

:03:36. > :03:39.wireless charging. Going down memory Lane, do you recognise any of these

:03:40. > :03:44.phones I have with me right now? The evolution of the phone... It has

:03:45. > :03:51.been quite breathtaking. I think I have owned each of those devices at

:03:52. > :03:54.one point or another. I think that the real galvanised nation to the

:03:55. > :04:05.industry was the iPhone, ten years ago. It really changed the whole

:04:06. > :04:14.market. That was Andrew Milroy on the newsstands on Note eight. The

:04:15. > :04:21.shoemaker New Balance has had a landmark decision, that it was found

:04:22. > :04:28.that several companies had used their patented logo, it is believed

:04:29. > :04:35.to be the largest ever trademark infringement fine granted to a

:04:36. > :04:39.business in China. The ruling of this is, the size, it is not very

:04:40. > :04:50.common. Could it be because of the pressure from Donald Trump regarding

:04:51. > :04:54.intellectual property theft? Yes, Donald Trump did indicate plans to

:04:55. > :04:58.investigate China for intellectual property theft. This is a great move

:04:59. > :05:04.for companies looking to do business in China. Counterfeiting not only

:05:05. > :05:09.steals market share but damages the brand. New Balance have been around

:05:10. > :05:14.since 1995 and have been fighting so many counter threads. If you look at

:05:15. > :05:22.the pictures, the shoes look pretty much the same. They have got

:05:23. > :05:27.slightly different names, but they are very similar. The storefronts

:05:28. > :05:33.and logos look extremely similar. Sports makers seem to be one of the

:05:34. > :05:39.worst affected. Another company recently won a court case after

:05:40. > :05:51.there was a logo that looked pretty much identical. This is a problem

:05:52. > :06:03.facing many companies. Uncle Martian? Amazing! You also have the

:06:04. > :06:12.issue with bags, a single A, a double A and a triple A. What can

:06:13. > :06:15.companies do? If we had a segment where we did real and fake, many

:06:16. > :06:20.people could not tell the difference. The hope is that this

:06:21. > :06:26.New Balance ruling, as well as one to do with Michael Jordan last year,

:06:27. > :06:35.it is hoped this will change things. Michael Jordan won a lawsuit over a

:06:36. > :06:42.company using his name. Clamp down on those illegal manufacturers. It

:06:43. > :06:48.is a well-known fact that Asia has some of the fastest ageing

:06:49. > :06:53.populations. There is an increased demand for end of life care. We are

:06:54. > :07:01.focusing on how expensive palliative care can be. It takes a lot of

:07:02. > :07:07.volunteers and funding to keep a hospice functioning smoothly.

:07:08. > :07:14.Catch you up on his daily news, this 83-year-old still likes to know what

:07:15. > :07:19.is going on, in spite of being diagnosed with just weeks to live.

:07:20. > :07:24.He is spending the last days of his life at this hospice, one of the few

:07:25. > :07:31.dedicated centres in Singapore. It has room for 50 terminally ill

:07:32. > :07:36.patients. It costs $10 million annually to run the centre, with

:07:37. > :07:43.charitable donations from the government and patients. He says he

:07:44. > :07:51.is grateful to be here this doctor is the chairman of the hospice. He

:07:52. > :07:58.also sings to help lift spirits. He says the charitable aspect of the

:07:59. > :08:04.centre is crucial. As the population ages, we have to look at end of life

:08:05. > :08:09.issues. It is becoming difficult for families to manage patients on there

:08:10. > :08:16.own. It is taking a lot of resources. We have 400 volunteers,

:08:17. > :08:23.they participate in the lives of our patients and their families.

:08:24. > :08:28.Volunteers alone cannot address the demands that a rising elderly

:08:29. > :08:33.population requires. These patients get round-the-clock care to manage

:08:34. > :08:38.their pain and symptoms. But there is a shortage of such facilities and

:08:39. > :08:43.a waitlist for this one. A sure sign that demand for hospices is bound to

:08:44. > :08:48.grow. It is not for everyone. Some prefer to stick within the comfort

:08:49. > :08:54.of their own home. This is where the private sector hopes to fill the

:08:55. > :09:03.gap. I see an opportunity for the private sector to engage in private

:09:04. > :09:09.care. I can imagine an Uber type model. The challenge is that nobody

:09:10. > :09:19.wants to pay for this care. To make these model sustainable, we need

:09:20. > :09:24.government financing. Death is an inevitable human experience, but

:09:25. > :09:31.because of the cost of such care, hospices like this rely on the

:09:32. > :09:34.donations from volunteers. It is the little things that can make one's

:09:35. > :09:44.final days as comforting as possible. If you want to join the

:09:45. > :09:54.conversation, use the hash tag, business of death. You can see the

:09:55. > :09:59.markets now, currently, the Japanese stock-market is in negative

:10:00. > :10:12.territory, together with Australia and the SNP.

:10:13. > :10:21.This is after Donald Trump suggested that he could shut down the U.S.

:10:22. > :10:24.Congress is a border war with Mexico was not built.