according to some official estimates, malaysia hopes to double its share of the global chips trade from seven to 14% by 2029. i spoke to the former deputy minister for trade and industry ong kian ming. he explained malaysia s role in the chips supply chain and also weighed in on china s new fund. i think there is challenge as well as opportunity. how do you go down to the innovative company that would be in the position to come out with new products in the semiconductor ecosystem? then there will be one challenge. also opportunities including opportunities including opportunities for companies in the region and southeast asia. either investing or going to china or attracting chinese companies to come to malaysia and set up shop to invest in the semiconductor ecosystem. i m glad you brought us back to malaysia, because that s the focus when it comes to chips. you were in office for several years from 2018. where tips a focus area for malaysia? it was, but i think focus area fo
the authorities in papua new guinea now say more than 2,000 people were buried by a devastating landslide in a remote village. south africa has seen far fewer electricity blackouts in the last few months. critics say it could be an attempt to buy more votes for the forthcoming general election. welcome to verified live three hours of breaking stories and checking out the truth behind them. we start here, where the uk s general election is in full swing and rishi sunak has been defending his plan for mandatory national service for 18 year olds. the prime minister was on the campaign trail in buckinghamshire, defending the proposal as a bold move that ll foster a culture of service. under the tory plan, all 18 year olds will be legally required to take up either a 12 month placement in the armed forces or cyber defence or give up the equivalent of one weekend a month to volunteer in their communities. i believe this is the right thing to do because this is how we will del
says the bank is ready to start cutting rates. musicians cope with stage fright. welcome to business today, i m mark lobel. is on the second day of a state visit. he s there to meet chancellor olaf scholz for talks aimed with the us and china. the two european heavyweights want to advance plans for an eu capital markets union. that s to get investments and savings flowing across member states. however negotiations have stalled for nearly a decade because eu members do not want to relinquish control of national financial rules. so how close is the so called single market for capital to becoming a reality? let s get the thoughts of vim mice. he s ceo of the european banking federation in brussels. this, like many things in europe, it doesn t come with a big bang. it is usually part by part by part going forward. but it is so important that there is talk. it s not only the talk of macron and schulz, there are several high level reports that really want to make this real. what s
the fbi says it is investigating the sale of hundreds of treasures that could have been stolen from the british museum. hello, i m geeta guru murthy, welcome to bbc news now. three hours of fast moving news, interviews and reaction. we start here in the uk, as the first full week of campaigning gets under way ahead of the general election on july the 4th. the labour leader sir keir starmer has focused on security in his first major campaign speech. he s been telling undecided voters in west sussex on the south coast of england that his party will deliver stability. the labour party says if elected it will carry out a 100 day national security review, looking at all the threats facing britain. sir keir said m years of conservative chaos had damaged trust in politics and british institutions. and he said voters faced a choice about the future of the country . i have changed this labour party, dragged it back to service and i will do exactly the same for westminster. that
heavyweights will be talking about plans for an eu capital markets union, in order to get investments and savings flowing across member states. however negotiations over these plans have stalled for nearly a decade because eu members do not want to relinquish control of national financial rules. so how close is the so called single market for capital to becoming a reality? here s vim mice, ceo of the european banking federation in brussels with his thoughts. this, like many things in europe, it doesn t come with a big bang. it is usually part by part by part going forward. but it is so important that there is talk. it s not only the talk of macron and schulz, it is also the eurogroup who has been talking about it. there are several high level reports that really want to make this real. what s so important is that we really get a move on and the practical side, because we ve done all the analysis, we ve done all the regulation, and now we need to move onward. as everybody sees