Now on bbc news, all the latest Business News live from singapore. Brexit is a reality. After a revised bill is passed in parliament, we look at what it means. And Tech Industry leaders compete for centre stage in one of the wells largest interactive festivals. Worlds. Hello and welcome to Asia Business report, im sharanjit leyl. Parliament in britain has given its final approval to a bill setting out plans for the country to formally start the process of leaving the European Union. Parliament has also voted by a clear majority to reject two amendments put forward by the upper chamber, the house of lords. The proposals would have guaranteed the rights of eu citizens in the uk. Scotlands First Minister Nicola Sturgeon also announced plans to hold a second independence referendum by early 2019. She said the vote was necessary after british Prime Minister theresa may refused to search for a compromise to allow scotla nd to search for a compromise to allow scotland to remain in the Single
And World Business report. Free to fire the brexit starting gun, but how prepared is the uk economy, and what about scotland . The waiting game. Toshiba shares plunge in tokyo, as it delays its Results Announcement for a second time. Welcome to World Business report, im sally bundock. Also in the programme a smart jacket, and we are talking the latest technology, not style. Dave lee tries it on. But first the Uk Parliament has approved legislation giving Prime Minister theresa may the power to begin formal divorce talks with the european union. However, she wont do that immediately, as some had thought, but it will happen before the end of march. The negotiations will bring a period of uncertainty for the uk economy. Britain recorded growth of 2 last year. But in 2017, the International Monetary fund predicts this will slow to 1. 5 , though this is actually up from their previous estimate of 1. 1 . The story gets worse in 2018, where growth is expected to come in atjust1. 4 . The ongoi
Carrie lam will become hong kongs new chief executive. But what the new chief executive. But what the new leadership mean for the economy . And what to look for in buying a piece of art. We get a few tips from the experts. Hello and welcome to Asia Business report. Im sharanjit leyl. A 1200 Strong Committee dominated by pro beijing executives have elected carrie lam as the new hong kong chief executive. She has promised to heal wounds over beijings industry. With a slowing economy in mainland china, she could be facing economic headwinds. I spoke with research at Peter Church At that the issues that will be at the top of her agenda. Peter church at that the issues that will be at the top of her agendam hong kong, the Affordability Question on housing has been a huge economic and political hot button in hong kong. And if you look at it rationally, it is really a supply it generated a problem. Hong kong has been producing less than half of the long term average supply of housing in the l
For luxury goods from britain is being turned into an upmarket hotel in the middle east. In the wake of the story that two girls have been grounded by United Airlines for wearing leggings we want to know has the airline gone too far . Or is it reasonable for an employer to dictate the dress code for the family of employees . What do you think . Let us know using the hashtag bbcbizlive. Welcome to the programme. Lower oil prices might be good for consumers it keeps Energy Prices down as well as transport and distribution costs for businesses. But its not good for Oil Producing nations. And this weekend, many of them met to discuss what they can do to boost prices. One option is to cut output again. When supply falls, prices tend to rise. Oil prices rose sharply when producers agreed to cut production in november and whilst prices held up for a while theres been a drop of around 10 in the last few weeks. And that can have a huge impact of the economies of Oil Producing countries. Many re
With just hours to go before article 50 is triggered we find out how prepared businesses are for this seismic change. And back in the race, samsung gears up to show off its latest smartphone, but can it regain Consumers Trust after its massive recall last year . Im sally bundock. Also in the programme, well be finding out how exporters are getting ready ahead of the uk breaking away from the worlds biggest trading bloc. Today is the day. After nine months of anticipation the uk is set to become the first country to formally tell the European Union it wants to leave. It means the two year Negotiation Process formally begins. For businesses across the continent it is time to sharpen their focus on how to deal with what, for some, will be some pretty drastic changes. Here in the uk Companies Large and small have been coming up with contigency plans, something that is quite difficult to do given the level of uncertainty. And in the case of the big banks some have threatened to move staff t