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tv   Asia Business Report  BBC News  February 11, 2020 1:30am-1:45am GMT

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more than 1,000 people have died so far, with over 40,000 confirmed cases. china's president made his first public appearance in days and met with health workers. the world health organization has expressed concern over the spread of the virus outside china. south koreans have been celebrating the four 0scars won by the film parasite, the first foreign language movie ever to win the best picture award. and video of a record—breaking firework is getting a lot of attention on our website. it is in fact the world's largest firework. at nearly 1,300 kilograms, it weighs as much as a family car and it was successfully launched at a winter carnival in the us state of colorado. that's all. stay with bbc world news.
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more on our web site — bbc.co.uk/news — and the news app. now on bbc news, live to singapore for asia business report. you can also get in touch with me via social media. the coronavirus death toll within china tops 1000. but despite the outbreak of the singapore airshow ta kes outbreak of the singapore airshow takes off today. from a toilet lunch to going solo, whyjapan is changing ina to going solo, whyjapan is changing in a major way. good morning, as though —— asia, hello world. that you could join us foran hello world. that you could join us for an exciting addition of asia business report was the primary go his own. that started with the coronavirus outbreak was not as of this morning, the death toll in china has topped 1000 and nissan
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motor became the second car manufacturer to stop production due to parts shortage. and it is having a huge effect. notjust on global travel and trade, but with many events around the world being delayed or cancelled. the meetings, incentives, the exhibition centre, does make sector, also known as mice, was worth over $800 billion in 2017. amazon has decided to pull out of the mobile world congress in barcelona, spain. the tokyo to the paralytic games are less than six months away and organisers are growing increasingly concerned. the singapore airshow has not been cancelled. but measures to combat the spread of the coronavirus have curtailed its ambitions. monica miller reports from changi. what's
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happening? this is day one of the singapore airshow. 0fficials happening? this is day one of the singapore airshow. officials say they are putting extra precaution in place. our crews learned this morning that even before we came several feet in front of the building, the crew had to take their temperatures multiple times. the big question on everybody‘s mine here is exactly how this is going to impact the bottom line moving forward of the bottom line moving forward of the aviation industry. earlier i spoke to randy from the commercial department of boeing and he said it was way too soon to have figures on this but it will have a massive impact on boeing's distribution. every boeing aeroplane we build has parts in assembly from china. it's an important market for us right now we are ok as we have looked at our assessment of spare parts and
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supplies, but we will have to take that into consideration as the virus takes its course. do you have any projections of what you are looking out ahead? i know a lot of people i think it dependsjust out ahead? i know a lot of people i think it depends just on how long the virus continues. i can say when you take a look at the virus it will have an impact on economic growth around the world, it has and will have an impact on traffic, air traffic. it will influence the cargo market and it will impact our customer's revenues and profit generation this year does my customers'. but how big, it's how to say. the new york times had an article yesterday saying the boeing 737 max may be up and running sooner than later. do you have any information on that timeline? our objective is we believe the our plan will return to service mid this year. we are working closely with a0 regulators around the world. we have a package of changes to the plane. we are working on new documentation for the aircraft and of course we
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have developed simulator training for the aircraft. we are taking a task by task, we have questions to a nswer task by task, we have questions to answer with those regulators so it is really a task driven exercise. i can tell you, though, when the air plane does return to service it will be the most scrutinised and tested aeroplane in aviation history. it builds on a strong background of 737s, a type of plane that has carried so many different types of passengers. they collected a 496 increase in passenger flights passengers. they collected a 496 increase in passengerflights for 2020, but those numbers have been thrown out the window. we will continue to follow the story at the airshow and talked event is to see how they are dealing with this virus. —— talked to benders. that's my colleague monica miller. the tourism industry usually enjoys a
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boom during the lunar new year period, but this year has been hit hard. tiny travellers are an important source of tourism spending. in 2018 this meant —— they spent nearly 300 billion us dollars, nearly double the amount american tourists spend. earlier, i asked the boss of trip.com what has been the impact. i think the impact is significant. however, as we have seenin significant. however, as we have seen in the sars in control, the pent—up demand was very significant. what kind of business contingencies has trip.com put in place in case this coronavirus goes from bad to worse? we have an $05 this coronavirus goes from bad to
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worse? we have an 505 global programme where our staff over very well trained to handle crises such as japan's tsunami, the earthquake in the pile or las vegas shootings. this coronavirus is in the magnitude far exceeded any of the last disasters before —— earthquake in nepal, but the team is managing well. our correspondent in india joins us. jeff baeza was —— bezos was there to smooth out some relationships? e'trade to operation 0live relationships? e'trade to operation olive branch. in one market announced he would be investing $1 billion and taking exports of median india products, about $10 million by 2025 -- india products, about $10 million by 2025 —— investing $1 million. the commerce minister said he is not doing us any favours. amazon has
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taken the doing us any favours. amazon has ta ken the anti—trust doing us any favours. amazon has taken the anti—trust watchdog here in india to court saying its decision to launch an investigation into the steep discounts on pricing is likely to cause irreparable damage and loss to its reputation. that is the primary argument that amazon is giving. the matter is likely to be held later this week by the court. but the timing of this was really terrible. last month, when bezos was coming to india, just that same week was when the investigation was launched, against those steep discounts and exclusive offices which those businesses they was that a mental to indian interests. thank you. in the past, many japanese people were said to be so embarrassed to be seen eating alone in the school or office cafeteria that they opted to eat in a toilet cubicle. that while appearing friendless was a no—no,
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becoming cold benjo—meshi doesn't like becoming cold mark benjo—meshi, taking a toilet lines, more and more japanese people are going at it alone.
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let's ta ke let's take a look at other business news making headlines. says in spread rising 0.6% in the nikkei. t mobile's stock rising 80% during trading —— 1%. thank you for investing your time with us. i'm rico he's on, goodbye for now. —— rico he's on, goodbye for now. —— rico hizon. let's bring you up—to—date on our main stories this hour. china's leader makes a rare appearance to address the coronavirus outbreak as the number of deaths grows to more than 1,000. international aerospace companies
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stay away from the singapore airshow as fears of the virus hit the global economy. a 58—year—old man has died in hampshire after a tree fell on his car during storm ciara on sunday. weather warnings remain in place around the country, with strong winds and flooding causing further travel delays. in the worst—affected places, a clear—up operation has been going on all day. 0ur correspondent danny savage reports. yet again, the towns and villages of calderdale in west yorkshire are clearing up after a flood. it's the third time in less than a decade that mytholmroyd has been swamped, and people are angry. the whole thing, all that, right back as far as you can see, was a lake yesterday. roger barr has now seen his house destroyed twice. no—one has ever knocked my door in seven years, to come and see what's happening. i've had to buy another house, same size but higher up. and i don't know what's going to happen with this.
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so you just feel abandoned by the authorities? abandoned, yeah! new flood defences are being built here, but they were no good yesterday. nikki morris's house merged with the neighbouring river and canal. she filmed this from her front door. today she's resigned to another lengthy clear—up. i hate it being here now, at this very moment in time, i don't want to be here at all. i've got my house up for sale, i have done for a few months, but that's not going to happen now, is it? further south in hampshire, a 58—year—old man was killed when a tree fell on his car on the a33. many train services were cancelled. this was glasgow central station, where the west coast main line only reopened late this afternoon. numerous other train operators reported problems caused by the weather. whoa! in the borders, this 200—year—old guesthouse in hawick collapsed into the river.
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and this lorry went over on the severn bridge, closing the link to and from wales to all traffic. back in hebden bridge, the full extent of the damage could be seen from the air. the problem here is that people have lost all faith in the authorities to defend this valley from floods. danny savage, bbc news, west yorkshire. some west yorkshire. devastating damage there. as always, some devastating damage there. as always, we have much more on all of our stories including on storm ciara on our website and the coronavirus. that's all for me. now on bbc news: sport today. hello, i'm gavin ramjaun and this is sport today, live from the bbc sport centre. coming up on the programme: al—hilal begin the defence of their asian champions league crown, with a comfortable victory over iranian debutants shahr khodro.
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it's all too easy for pakistan, with a crushing victory over bangladesh, but they face a long wait to wrap up a series win. and dimitrov sees off shapovalov in straight sets. to reach the second round of the rotterdam 0pen. hello and welcome to the programme. we start with football and monday's opening round of games in the asian champions league. there were wins for the two home sides in group b, including the holders al—hilal, but both games in group a ended in1—1 draws. colm harrison reports. semifinalists are the last world cup, al—hilal were on top early but it took longer to make that superiority count. midway through the second half, scorer turned provider setting up the goal which
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sealed the

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