tv Business - News Deutsche Welle January 10, 2018 2:15pm-2:31pm CET
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what shut de groot about their talking to us from yang dong in myanmar and before we go just reminder the top story we're following for you here today on d w news on the america's conservative block and is the social democrats are entering a decisive phase in talks about forming a new coalition in germany leaked reports suggest negotiators have reached agreements on key sticking points such as for immigration. you're watching get over your new spend visit will be with you in just a moment with a full round of slaves business news thanks for. the nation maggie has no children which makes her feel worthless and incomplete.
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in a society that expects them to be her children this is a burden many married childless women in niger suffer from. a wife is only fully accepted upon motherhood. a very personal film about the suffering of childless women in niger. fruitless tree starting january fourteenth on t w. men still rule the roost in corporate germany and you study shows a quota system is getting more women into executive positions at companies but nowhere near enough. kodak becomes the latest cryptocurrency com version launching its own blog chain technology. plastic micro be
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a money spinners for the cosmetics industry but the brits banning them. i've been physical in let's do business it's been nearly three years since germany introduced a quota for women on corporate boards it calls for thirty percent of new executives to be women a study by consultancy why shows there are indeed more women on german boards than ever before there is plenty of room for improvement. it's still a man's world in germany's boardrooms there are now fifty women in top executive positions here but that compares with six hundred thirty six men. in two thousand and fifteen women made up just over five percent of executives the number has been growing steadily since at the beginning of two thousand and seventeen it had reached six point five percent and the fifty women now at the boardroom table account for seven point three percent of corporate decision makers in two thousand and eighteen. just over
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a quarter of companies listed on germany's top four indices have at least one female board member but the vast majority have only won only four percent have two or more female executives. one of those few companies with two women board members is germany's biggest lender deutsche bank. france's sylvia was the first woman on its board as chief regulatory officer she joined in two thousand and fifteen american chief operating officer came hammond's took up her post a year later germany itself is led by a woman not long ago chancellor angela merkel hosted the w. twenty summit of the world's most influential women in berlin but her moves to increase the female presence on the corporate boards have had less effect with second tier companies only four point four percent of executives listed on the m.d.x. index of mid-cap companies are women more than eighty percent have no woman at all on their board. is managing director of the german association
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of women entrepreneurs we're talking about such a high tech society here in germany the us in many countries but we still value women's input. i wouldn't say we don't value it but they are obviously they're not visible enough so far so there is a big resistance you know a culture and. society saw that there are still women that king at the top of the bottom why the resistance it's a very conservative culture so it's specially in comparison with other countries to see that germany is not though we have a women in a political leader as a political leader but still there in the companies it's a different it's a different world with tax companies representation the twelve point nine percent that's an improvement the end x. those only have four point four percent the mid-cap companies what's going wrong there. i'd say the m. docs is a very good example of german of german companies of the economy of german economy
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so and this tells the story of a very conservative society so they are role models lacking there are not enough women on the supervisory board it's there are not enough women on the in the top leadership level levels so and this is a big problem britain's equality is what stalled is asking the b.b.c. to reveal its pay policy a female editor recently resigned you would have seen this in the news claiming it paid two men fifty percent more for the same job condemning a secretive and illegal culture when it comes to pate. do you agree is that what we're dealing with here is that what it is an illegal and secretive pay culture and companies. possibly there is this culture at least the figures tell sells so there is a gender pay gap this has to be acknowledged and there are different reasons for this pay gap it's also the way women choose their their career so
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they are not in the leadership positions and they are in jobs that are less paid but it's also that in the same job they are less paid and this issue needs to be addressed and definitely transparency helps why is that illegal though in in quite a few countries now but only enforceable in very few iceland being one of the trailblazers there it actually requires companies to print up a pay list and justify why they are paying certain people what we have the transparency whatever it comes to companies with the unions ruling these the wages but of course we need a flexibility in san luis and we need flexibility in pace in and in wages so i think. it's a balance between transparency on the one hand side and bureaucracy for the
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companies on the other ok well let's bring in our asia correspondent andrea and she's standing by for us there in singapore is the picture any different in your part of the world andrea. it's not that much different then a lot of these court does the i they don't exist on not very heavy enforced a report says that asia is in fact lagging behind its international counterparts in terms of gender diversity in the board of directors of any companies within asia and the get is still very much white open according to analysts this points to two things one being the number of women who are board ready so to speak and number two whether there is a big enough pool of board ready women to pick from to begin with ok so it's a gradual process is that what you're getting at what what else have you discovered as far as asia goes in the corporate world and the corporate makeup of the
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globalized world well in countries like in cities like hong kong and singapore for example two of the most advanced asian economies a number of women on boards surprisingly is surprisingly low at twelve point four percent that number is in hong kong as of twenty eight seventeen there is a severe gender wage gap in singapore for example women on board senior management women earning just fifty six point eight percent of what their male counterparts that being said there is a gradual increase the is progression singapore for example is aiming to have thirty percent more women to be on the to make up the boards by the year twenty thirty in malaysia for example there already is an enforced thirty percent quota for women to be on the board of directors and that number jumped from nine point seven percent to now fourteen point six percent as of twenty seventeen ok just one more word from you claudia very briefly if you can what can women do to change the
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situation. they they need to apply for the for the top positions of course they need for promotion they need to ask for higher wages but at least our i'd say it's not a question of women only but it's a question of society so if they are improvements definitely they are but they are if the glass if there are cracks in the glass ceiling i'd say they are not visible yet they are too small to be to be seen ok thank you very much interesting debate andrea thank you for your input from singapore and claudia thank you very much for your analysis as well well some investors are crazy about crypto currencies right now the u.s. company kodak has just announced it's creating a crypto currency for photographers called the kodak coin with it photographers can register rights to their pictures as well as market them kodak was the pioneer of instant photos as you know which developments within minutes lost its market share
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with the dawn of digital photography it's recovering from its bankruptcy in twenty twelve codec and specialized in digital printing after availing its plans to create a new cryptocurrency those shares in kodak doubled. let's go over to daniel cope and frank what's the story here a photo company is introducing its own cryptocurrency i mean can they do that. i guess they can ban and it's really the case whenever you talk right now about crypto currencies and also what blocks really the hard off investors is beating much faster in the case of kodak now they're introducing the so-called core doc point which then photographers can use on their platform one with this they can payments they can also make sure that their pictures are under copyright law and the website is also promising that they are monitoring pretty much the traffic in
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the worldwide web making sure that pictures are not being used by people who are not paying for them and just explain a bit more about why the company is doing what it's doing i mean sure it's obviously. shareholders while they want to make money and they want to get again more interesting remember that the company even had to clear bankruptcy at a time because pretty much everybody right now has a camera on their smartphone so regular pictures are not anymore that famous also photo albums that they're also selling are not really doing that a well and it can really work there has been another company in the past long island i see they have only renamed themselves true long block chain after that shares off that company were tripling so i don't know maybe we should do a company physical and coo block chain and make also lots of money have been. lots of good ideas but they tell me about the share price reaction because i mentioned
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before kodak has done. is that something is sustainable do you think. well at least for the moment shares were really going after yesterday with a placid one hundred and twenty percent to seven dollars after the stock markets were closed also on the computer trading they even went up to nine dollars so let's see how this is going to go today on wall street today ok some interesting stuff from frank but there with daniel coats thank you very much. and i don't business with you go see you again very soon here in the death.
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the romance next. every journey begins with the first step and every language but the first word published in the book. rico is in germany to learn german why not learn a little simple online on your mobile and free to suffer from a d w z learning course nikos fifty german made easy. climate change first. waist length pollution c. isn't it time for good news eco africa people and projects that are changing our environment for the better it's up to us to make a difference let's explain each other. he could be farming magazine. d.w. . with each passing day of the continuing conflict in syria more and more children
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fear their future may be fading away. with every classroom damaged or destroyed with every child witnessing the horrors of war every family fleeing the violence we can't risk losing an entire generation of children to death fear and despair. because they are the future of syria. because. everybody welcome back to your a max of the next half hour we'll whisk you through a well wind of european culture and lifestyle is what's coming up.
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