Scandal will give answers to what the Prime Minister has called the appalling tragedy. Now on bbc news, all the latest Business News live from singapore. It isa it is a day of protest for big online companies. Find out why the likes of amazon and netflix are battling us rules on internet use. And china is spending billions on new aircraft but it may face a Pilot Shortage in the years to come. Good morning, asia, hello, world. Glad you could join us for this edition of Asia Business report. I am rico hizon. Some of the most popular websites may be slower to day. Companies like facebook, netflix and amazon are taking part in a protest against changes being made to us rules which govern Net Neutrality. They claimed the new regulations will give the Cable Companies control over what its users see and do. Our north America Technology correspondent explains. Right now, all Internet Traffic is treated the same, no matter where it has come from, where it is going, or what it is doing. That is something we call Net Neutrality. Without it, campaigners worry that Internet Service providers might be able to intentionally slow down your Internet Connection unless you pay more for things like video streaming, or they warned that could be some kind of internet fast lane, where big, Rich Companies could pay to make sure their sites loaded quickly, but other, smaller sites would be stuck in a slow lane instead. Throughout wednesday, Major Internet Companies will be simulating what it would be like to slow down their websites, in the hope that americans will get in touch with their politicians to pressure them into supporting Net Neutrality. Over 70,000 websites will be pushing people towards the fcc to make their voices heard. It will also be pushing people towards numbers of congress, and what we wa nt numbers of congress, and what we want the fcc to hear, what we want members of congress to hear, is that Net Neutrality is wildly popular, which it is, and we want them to stop trying to murder it. But Net Neutrality does have some very powerful opponents. It includes Companies Like verizon, ibm, cisco, nokia, and crucially the head of the fcc has also spoken out against Net Neutrality. Those who are against it say it adds unnecessary new regulation to the internet. They say Net Neutrality makes it harder for Internet Service providers to make back the money they invested in building the infrastructure that gives people a high speed internet. Politicians, companies and the us public have up until august 16 to make their views on the issue is clear. Then, the federal Communications Commission will make its final decision before the end of this year. In other Business News making headlines, Music Streaming Service spotify has seen its deal with sony music. Spotify will restrict access to its albums on the Premium Service for two weeks. Royalty payments other compa nys largest expense. The company, which is yet to turn a profit, is said to be laying the groundwork for an initial public offering. Here is another twist in the battle for toshibas business. A temporary Us Court Order has been granted to give access to toshibas databases and chip samples. Toshiba had earlier threatened to stop a company from having access, because it wants to block the sale of its Chip Business toa block the sale of its Chip Business to a japanese government linked consortium. Staying in japan, to a japanese government linked consortium. Staying injapan, takata is reporting 3 billion more airbags in the united states. Around 46 million have already been recalled, the largest in history. The defective product is linked to 17 deaths and more than 180 injuries worldwide. Takata filed for ba n kru ptcy worldwide. Takata filed for Bankruptcy Protection Last month. China is set to become the worlds biggest Aviation Market over the next few decades, and it is already ona next few decades, and it is already on a buying spree. Boeing China Airlines will spend 1 trillion buying airlines, notjust blowing ones, over the next 20 years, but will chinas infrastructure be able to keep up boeing ones. There will be some struggles. That is the huge issue. One of the other things boeing puts out as well as a survey of pilots, boeing estimates that china will need well over 100,000 pilots. Notjust pilots. Pilots are the cool job pilots. Notjust pilots. Pilots are the cooljob in the industry. You also need people to maintain the aircraft, so there is a lot of opportunity to employ people in the industry. There may not be enough supply of pilots and maintenance people in china itself, especially good talent. They have to look outside of the mainland. They are indeed. There was an ad recently 4737 captains in an outlying province in china for 737 captains. It is a very good pay package for that kind of aircraft. You would be living in the hinterlands of china, you might be away from your family, if you are a foreign pilot. So there would be some sacrifices, but there are a lot of foreign pilots in china and emerging markets around the region. Are the big question is now, of course, with all of these new aircraft coming onstream in china, what about the Safety Record . China is quite aggressive about its Safety Record. They have a lot of rules and restrictions. They govern the airspace very tightly but there are concerns that pilots might be a bit overworked in china. There are some concerns that pilots might be over penalise if they have a hard landing 01 penalise if they have a hard landing or Something Like that. So there are some cultural issues around pilots in china that make it challenging. And what about the infrastructure . Isa and what about the infrastructure . Is a growing together with a number of aircraft that have been ordered . China is adding more airports across the region. The problem is they dont have a lot of traffic. They might bea dont have a lot of traffic. They might be a bit of overinvestment. The major centres, shanghai, beijing, they struggle to keep up with that traffic. The philippines has been one of asias Fastest Growing economies in 2013, but is it seeing signs of a slowdown . According to the latest trade figures its deficit jumped according to the latest trade figures its deficitjumped to 2. 8 billion in may, the biggest gap since data was recorded in 1980. The Trade Numbers led to a sell off of the philippine peso, which dropped to its lowest level against the us dollar since 2006, and that is a nine year low. Earlier i asked our correspondent what is happening. Nine year low. Earlier i asked our correspondent what is happeningm is partly a reflection of the Trade Deficit that we got yesterday, and thatis deficit that we got yesterday, and that is coming back after a few sessions, may be almost a month now the peso has been underperforming on the peso has been underperforming on the lack of science it has been stabilising. It is notjust a Trade Deficit. Since president duterte took office, we have seen the depreciation of the peso. Is there also a Political Risk being included in the week currency . Yes, i agree. There is some Political Risk which is being priced in, ithink there is some Political Risk which is being priced in, i think a lot of it has to do with the uncertainty of the new government under president duterte and what sort of reforms he can carry over from the past, and whether he can really implement them. I think slowly that uncertainty is coming off, but now we are having a lot of these Trade Numbers that are kind of an expanding deficit, but also the bsb looking like they are not going to hike rates any time soon, which is what a lot of people expected. So why are we seeing the Central Bank Of The Philippines intervening to stem the pesos for . I think they have the ammunition to do it, because they have a lot of reserves at the moment. But i think the fact they have allowed it to weaken so far is because they are a little bit relaxed about how much inflationary consequences are weak peso has. And it is positive for incomes, because Purchasing Power becomes higher. M it is also a double edged sword. It is good for overseas Filipino Workers who are committing to the philippines, for the outsourcing sector, but not so good for Foreign Investors who are sending money back to their home countries. This is where there is a lot of concern about the currency. Given its fundamentals, and the fact it is still underperforming, does not go well with what markets are expecting at the moment. So i think, provided things will be stable and the bsb comes in from time to time to keep it from fluctuating too much, i think that will stem that. What do you think of the peso by years and . Right now forecast is for 49. 5, so we are seeing a bit of appreciation from here. Social media can have an impact on politics and business. How crucial is that to develop a savvy understanding of Social Media Platforms . Here is a review from a representative of hootsuite. Platforms . Here is a review from a representative of Hootsuitem Platforms . Here is a review from a representative of hootsuite. It has changed the face of politics, it has changed the face of politics, it has changed the face of politics, it has changed the face of business, and every single piece of the Customer Journey is there. Back a number of yea rs journey is there. Back a number of years ago, we would dial in 1800 call number to connect and get customer support. The generation which is growing up will not do that. They will go to social media, they will ask for transparency, they will ask for immediacy, and brands need to be there. The businesses that dont get there, they risk becoming obsolete. Financial services industry. You think that would be a laggard, you would think that would be an industry, but because they are facing such transformation, digital transformation, digital transformation, there has actually been an amazing adoption of social media. And that was ryan holmes of hootsuite. And with that we and this edition of Asia Business report. Thank you for investing your time with us. I am rico hizon in singapore. Sport today is coming up next. The top stories this hour president trumps son has released e mails that appear to show he was keen to accept damaging information from a Russian National about his fathers democratic rival, hillary clinton. Governments and private foundations have pledged more than 2 billion to Family Planning projects to make contraception more widely available. The spitfire and hurricane are just two of the iconic planes that fought in world war iis Battle Of Britain, in1940. Almost 20 years later, a former Hurricane Pilot decided to form a group to help preserve some the aircraft that took part in that famous aerial fight. Now known as the battle of Britain Memorial flight, it has just marked its 60th anniversary. Veterans were joined by Prince William to watch a fly past of the iconic planes at raf coningsby, in lincolnshire, as danny savage reports. In the sky above lincolnshire today, aircraft preserved since World War Two performed a special display for the veterans who used to fly them. Cold. Icicles dropping from the oxygen masks. Grab your parachute. Bernie harris remembers the freezing conditions are sitting in the rear gun turret of a lancaster bomber over enemy territory. He is delighted to see these planes still flying. This is the best one, i mean, it has really got character. It was a joy. Today, a relaxed Prince William, the patron of the battle of Britain Memorial flight, spent time talking to the ever dwindling number of veterans. The flight dwindling number of veterans. The flight is named after the raf s finest hour. The Battle Of Britain spent several months in 1940, and was fought over the skies of southern england. For six decades now, the raf has had a special flight now, the raf has had a special flight to remember those who died in battle and those who survived, and they hope that this will continue for many more decades yet. So how long can these old planes keep going for . Those of us that are involved would like to say that. Forever, you know, because there is no actual reason why not. Unless we dont have petrol one day. The raf pilot who fly these old machines described this as a Museum Without walls. Its priceless a rtefa cts this as a Museum Without walls. Its priceless artefacts will be seen in the skies above us this summer. Theiraim is to the skies above us this summer. Their aim is to inspire future generations. An aristocrat who wrote an online post offering £5,000 for the businesswoman and campaigner gina miller to be run over has been found guilty of two charges of menacing communications. Rhodri colwyn philipps, the fourth viscount st davids, wrote the message four days after gina miller won a brexit legal challenge against the government. Philipps, who called his comments satire, faces a custodial sentence. Time now for all the sports news in sport today. Hello. This is sport today, live from the bbc sport centre. Coming up on this Programme History in the making, Johanna Konta becomes the first british woman into the semi finals of wimbledon in almost 40 years. Like a fine wine, 37 year old Serena Williams becomes the oldest player to reach the last four at the All England Club since 1994. A tale of two cities. Paris and Los Angeles Set to be awarded the 2024 and 2028 olympic games. All of those stories still to come but we start our show with the sad news that United Arab Emirates para athlete Abdullah Hayayei has died following a Training Ground incident on tuesday evening in london