0:00:00 > 0:00:02A man and several of his children remain unaccounted for after fire
0:00:02 > 0:00:06gutted their remote farmhouse in Powys in mid-Wales.
0:00:06 > 0:00:17Now on BBC News all the latest business news live from Singapore.
0:00:17 > 0:00:24Samsung Electronics is bringing in the profits due to demand Fred 's
0:00:24 > 0:00:29smartphones in India and rising sales of its semiconductors.
0:00:29 > 0:00:33Singapore opens a new airport terminal which is highly motor --
0:00:33 > 0:00:42highly automated. We take you there are on its opening day. Good
0:00:42 > 0:00:49morning, Asia. Hello, world. It's Tuesday. Welcome to this edition of
0:00:49 > 0:00:53Asia Business Report. I am Rico Hizon in Singapore. We start off
0:00:53 > 0:01:00with Samsung and its memory chip sales are responsible for booking
0:01:00 > 0:01:06record quarterly numbers which came in at a whopping $10 billion for the
0:01:06 > 0:01:10three months until September. Smartphones that -- sales driving
0:01:10 > 0:01:16profitability higher, particularly Indian demand which has overtaken
0:01:16 > 0:01:20America as the second-largest market for smartphones after China. Samsung
0:01:20 > 0:01:30cell phone shipments to India are up 30% from the same last year. But
0:01:30 > 0:01:38Chinese rivals are hot on their heels. Earlier, we explained their
0:01:38 > 0:01:45latest success. Escape was launched in March and Note eight was launched
0:01:45 > 0:01:50a few months ago, nobody has even remembered what the Note 7 was.
0:01:50 > 0:01:58Samsung is in a run for highly confident prizes. They even supply
0:01:58 > 0:02:05panels to Apple. They are making money from all sorts. But you know
0:02:05 > 0:02:14what? Samsung Electronics also has its leadership problems. It seems
0:02:14 > 0:02:21not to have an impact on their bottom line.The current results is
0:02:21 > 0:02:29a combination of years of Samsung's commitment into components,
0:02:29 > 0:02:34especially in memory and storage chips. As we know, all good runs
0:02:34 > 0:02:45come to an end. CEO Kwon's resignation came at a point where
0:02:45 > 0:02:51Samsung could turn a corner. As a result, CEO will not remain there
0:02:51 > 0:03:01forever with same vision.Apple saw its shares hit a record high after
0:03:01 > 0:03:05positive reviews of the iPhone ten. Stocks had headed south last week
0:03:05 > 0:03:08over concerns regarding production issues. They rebounded after the
0:03:08 > 0:03:15company confirmed pre- orders for the 10th anniversary phone were off
0:03:15 > 0:03:20the charts. The phone is expected to hit retail stores on November three.
0:03:20 > 0:03:25Shares in Nintendo have surged 6% after they swung back with quarterly
0:03:25 > 0:03:32profit. For more, I am joined by my colleague. What led to this
0:03:32 > 0:03:42turnaround?Two words, the Nintendo Switch which can be used at home, on
0:03:42 > 0:03:45the go and has done well after being released that there was a shortage
0:03:45 > 0:03:50and suppliers had to scramble for parts. Especially now as we are
0:03:50 > 0:03:54getting towards the holiday season where there is a big bulk of holiday
0:03:54 > 0:03:59sales. This led to positive board guidance. It doubled its full year
0:03:59 > 0:04:07operating forecast ending in March. The stock has tracked this success,
0:04:07 > 0:04:12almost doubling in value, adding about $28 billion to Nintendo's
0:04:12 > 0:04:22market value. The popularity of the switch shows it has a very good
0:04:22 > 0:04:27success in the Wii console. Microsoft is going to release its
0:04:27 > 0:04:36latest Xbox console.Why do we still have to get into the smartphone
0:04:36 > 0:04:40business and compete with other makers?They were criticised for
0:04:40 > 0:04:57being slow to the smartphone game. Everyone was playing Angry Birds
0:04:57 > 0:05:01then Pokemon Go. They released quite a few games. But it is too early to
0:05:01 > 0:05:04gauge the success of the smartphone's strategy.Thank you
0:05:04 > 0:05:13very much. Our very own business report. Now to travel. Those who do
0:05:13 > 0:05:23it for work, the administrative backlog could be a chore. SAP Kerr
0:05:23 > 0:05:28take care of travel and they could see Asia as a popular travel
0:05:28 > 0:05:33destination. There is more to technology than just convenience.
0:05:33 > 0:05:39Not only is technology being applied to companies of employees travel but
0:05:39 > 0:05:46it's also a circumstantial have to be able to provide something.What
0:05:46 > 0:05:51about for major companies who basically process a lot of
0:05:51 > 0:05:56travelling among their executives and personnel? How much money could
0:05:56 > 0:06:03be saved by going digital?There is money to be saved in a number of
0:06:03 > 0:06:07areas by going digital. Travel expenses are about 10- 15% of
0:06:07 > 0:06:16operating expenses.Apart from cost savings, can they actually help
0:06:16 > 0:06:21their employees take care of people? The duty of care is an important
0:06:21 > 0:06:29piece. There is a legal obligation with respect to duty of care.Can
0:06:29 > 0:06:37you give us an example?Recently, with our company, an employee had
0:06:37 > 0:06:41travelled to Las Vegas on their points and they went to the concert
0:06:41 > 0:06:45where the tragedy occurred. It was a circumstance within an hour of the
0:06:45 > 0:06:51shooting occurring. We contacted her throughout automated systems and she
0:06:51 > 0:06:56said she was in trouble and we got help and had our head of support --
0:06:56 > 0:07:03security talking to her within an hour had had safely with friends.
0:07:03 > 0:07:09That was Nick Everett from Concur. Singapore's Chiang International
0:07:09 > 0:07:13airport launches a new terminal today. A key feature of this is
0:07:13 > 0:07:18automation. Passengers can go from check-in to boarding without dealing
0:07:18 > 0:07:22with any staff and it's a big plus to the airport but added passengers
0:07:22 > 0:07:29find out. Power Asia business correspondence joins us live. It
0:07:29 > 0:07:36looks like a really nice terminal. I will be visiting this on the weekend
0:07:36 > 0:07:44to check it out.When you do get here, machines for the most part
0:07:44 > 0:07:50will take place at people. To go from check-in all the way to
0:07:50 > 0:07:54boarding. We've been here from you all more -- we have been here all
0:07:54 > 0:08:03morning. It's a bit more empty. A few glitches here and there. Some of
0:08:03 > 0:08:09the technology that is on display. For the most part, pretty smooth and
0:08:09 > 0:08:15seamless and with regards to the automation, it really is a key
0:08:15 > 0:08:24feature for Changi Airport's new terminal. It's also about beating
0:08:24 > 0:08:27regional competition with big airports being planned in China and
0:08:27 > 0:08:36other parts of the region.They have fully automated Terminal 4 but I
0:08:36 > 0:08:41also notice, they are trying to update their technology in all the
0:08:41 > 0:08:50other three terminals as well.You are absolutely right. The officials
0:08:50 > 0:08:55at Changi Airport and said to us if this is successful, this kind of
0:08:55 > 0:09:02automation, you should expect it and other terminals. You are seeing this
0:09:02 > 0:09:09trend of digitalisation across the region. This region is massively
0:09:09 > 0:09:13prepared in terms of the boom in air travel that is expected to come from
0:09:13 > 0:09:18Asia, I should say. We are looking at passenger numbers doubling from
0:09:18 > 0:09:24the region in the next 20 years. How a country is going to prepare for
0:09:24 > 0:09:27that kind of growth? Digitalisation technology, automation, all of that
0:09:27 > 0:09:32are major themes in the industry and Singapore wants to make sure it is
0:09:32 > 0:09:36at the cutting edge. This is one small step towards heading in that
0:09:36 > 0:09:42direction.Indeed, cutting-edge -- cutting-edge technology. Changi
0:09:42 > 0:09:48Airport is one of the best airports in the world. Thank you for updating
0:09:48 > 0:09:52us on the opening of Changi Terminal 4. Our very own Asia business
0:09:52 > 0:10:00correspondence. Before we go, a quick look at the markets. Asia in
0:10:00 > 0:10:06mid-morning trade -- trade is currently moving sideways. The All
0:10:06 > 0:10:15Ordinaries Index up by just six. This is after US stocks pulled back.
0:10:15 > 0:10:21You also have major earnings rollouts, a Fed policy meeting and
0:10:21 > 0:10:24the all-important October employment report which will be Lee -- released
0:10:24 > 0:10:31later this week. And the Dow Jones into the NASDAQ fall in negative
0:10:31 > 0:10:32territory.