seem to be in economic obstruction.— seem to be in economic obstruction. so you're not seeinu obstruction. so you're not seeing such _ obstruction. so you're not seeing such impact - obstruction. so you're not seeing such impact as - obstruction. so you're not l seeing such impact as we're here for them are using any impact for us in more broadly in the region?— in the region? very broadly economic— in the region? very broadly economic impact. - in the region? very broadly economic impact. we - in the region? very broadly i economic impact. we continue in the region? very broadly - economic impact. we continue to believe that the growth of the region excluding china and japan will be four or 3% are from four—point know so an acceleration of growth in 202a. if you read the report of our economics team there is virtually no mention of the red sea as having an economic impact. certainly it has a supply chain impact in the sense that orders have to put in place early and transit times are longer. it's harder to forecast if the time between when you order it when you sell your goods is longer by two to four weeks. your goods is longer by two to fourweeks. in your goods is longer by two to four weeks. in general we're not seeing a huge economic disruption in this region. h0??? disruption in this region. how is a menace _ disruption in this region. how is a menace to _ disruption in this region. how is a menace to accommodate this or navigate what's been happening over there and being able to mitigate it for the end consumer?— able to mitigate it for the end consumer? , , ., , consumer? the simple answer, ca aci . consumer? the simple answer, capacity- during _ consumer? the simple answer, capacity. during the _ consumer? the simple answer, capacity. during the pandemic. capacity. during the pandemic the ocean carriers ordered a lot of ships. they had a lot of cash on hand, theirfleets lot of ships. they had a lot of cash on hand, their fleets were getting older, they needed to replenish their vessels with eco—friendly ships that are able to run on zero carbon or lower carbon fuels. they placed a massive amount of orders though ships are now coming out of the shipyards are going into service. as a result prior to this happening there was a quite a bit of overcapacity, the freight rates have cratered off their pandemic highs. so when the attacks started in mid december you had a lot of excess capacity that was able to fill in the gaps. 50 excess capacity that was able to fill in the gaps.— to fill in the gaps. so the outlook _ to fill in the gaps. so the outlook for _ to fill in the gaps. so the outlook for the _ to fill in the gaps. so the outlook for the year - to fill in the gaps. so the. outlook for the year ahead to fill in the gaps. so the - outlook for the year ahead for singapore in the region fairly positive in your view? increasingly positive. our e economists are increasingly positive for that the most recent report that came out in february showed accelerating growth. our pmi data, which takes in early look ahead of the official numbers is showing increasingly positive trends. evenif increasingly positive trends. even if you ask the container lines who they see the volumes before anybody does, even they are saying that the volumes are recovering. i think they are increasingly confident that 2024 could turn out to be a better year for international trade than they would've anticipated just a few months ago. some other headlines the vehicles will be priced between 21 half the cost of tvs in the 2i half the cost of tvs in the chinese market. saying it aims to create the first ai assisted driving cars for young people for the competition in china's ev market is heated up as the vide race to cut prices. meanwhile tesla has announced it will increase the price of its model why electric vehicles as it faces stiff competition for its competitors with up starting on the 22nd of march customers in some european countries will pay roughly $2200 more for an ev and in the us prices will go up by $1000 on the 1st of april. tesla has warned of lower sales growth this year as it focuses on the production of its next—generation car. this week is a big one for central banks. we re expecting decisions on interest rates from the likes ofjapan, indonesia, the uk and the us. 0ne central bank that s changing things up is australia. its kicking off its first meeting, as part of its new schedule — and in a breakfrom tradition — it will last for two days. our business reporter katie silver has more. asa as a young business journalists in australia there is little more exciting then to 30 in the afternoon the first tuesday of every month. since 1981 that was when the reserve bank would release its interest—rate decision. 0therthan release its interest—rate decision. other than injanuary decision. other than in january when decision. other than injanuary when it can get a little sleepy. now the bank is changing things out. they are meeting every six weeks, that's eight times a year. the meetings are going to be time to related key data rather than a month. the meeting today is to coincide with the release of national accounts. the idea is by having more data collected over that slightly longer period the bank will be able to make more informed decisions about what they should do art rates. these rate decisions had huge impacts on homeowners, consumers and the economy as a whole. most of us are feeling that now more than ever. the more information that central bankers have the better. they are also meeting for two days rather than one, which the new governor says is leading to more engagement and debate. they say they want to improve communication to the public as well. ratherthen communication to the public as well. rather then dropping the news journalist being brought into view the monetary policy document for an hour and a half. and then the bank will hold a press conference to explain their decisions. the changes come after they made a couple of communication errors including saying that rates wouldn't rise before 2024, which of course i certainly did. that led to a review a couple of years ago. that review came out with 51 recommendations with the idea being that meeting should be more transparent and more informed. as for what they'll do today, interest rates in australia are currently at 12 year high. unlike many central banks reserve bank in australia and signalled they might need more rate hikes coming this year. millions of muslims around the world are observing ramadan. it is a spiritual time of fasting, reflection and community.some employers in the uk are making adjustments to the workday to support those workers who are observing the holy month. the bbc�*s nina warhurst sent this report. around 800,000 items are sent from this warehouse every week. it's a busy workforce of around 1500 people are more than a quarter of them are british, asian or pakistani. and one of those fasting over ramadan is manager rick hire. nine hours into you fast today. how are you feeling? honestly, ifeel 0k. being at work makes it go a lot quicker. you don't feel any hunger because you're too busy. like working, interacting with people. so you're managing a big, busy team. be honest. when they get on your nerves, does that hunger kick in? trust me, it does. it does massively. but because i've been doing it for a very long time, i've managed to control. and in my religion, this month is all about controlling. it's all about being spiritual and being kind to people. when you talk to staff here who are fasting, they say they're used to it. they've been doing it since they were teenagers. but what's also interesting is talking to those who aren't fasting because they've been asked to be mindful of the fact that their colleagues might want to ask for shorter shifts. they might want to break out more frequently for prayer time, and they might feel those energy levels starting to dip in the afternoon. everyone received an email explaining over ramadan that muslims like miriam might pray more or book extra leave. and bosses say extra effort that they've put into relaxing the rota means productivity is protected. we haven't noticed that a drop in productivity. i think it may be due to the staggered breaks. so when someone is feeling a little bit fatigued, they're able to take a break at the time that they choose. so i was going to say you're on our ten now. how are you feeling? do you know what? great. i don't have the afternoon slump that normally have after having having a lunch break. so i'm feeling very ready to go. but what about when you're fasting and working from home close to the kids come to the fridge. halal works on it systems for cambridge university your 11th hour of fast now how's the concentration levels ? they are good. i'm looking forward to having dinner. i bet you are. for me personally, it's actually i'm more productive in ramadan. wow. i think i've found that the tea breaks, the lunch breaks, nipping out for a salad or something like that. i sacrifice that and i give it to my work. this year, adam's fasting for the first time. he's not enjoying the 4am alarms for breakfast, but we've got about 3 minutes to go until you evening meal. are you excited? yeah. what are you most excited about? i'm excited to have the dates. yeah. and fruit salad. 0oh, lovely. and your mum's chicken looks really good. really good. can i have some? yeah. great. and we ask you to bless all of mankind. whoever they are, wherever they come from, we seek refuge in you in our worst times and in our best times. an early nights and an early morning will follow for a breakfast before the sun rises. less food, less sleep. but kaleel says a clearer mind to focus on work, family and faith. and that's it for this edition of asia business report. thanks for watching. bbc news — bringing you different stories| from across the uk. not roadworks, just a road system that can't cope. this was the centre of newborough a few summers ago. the authorities closed off the road to the beach because the car park there was full and the road wasjustjamming up with cars that had nowhere to go. at this time of year, the road is quiet, but residents say traffic jams will start as soon as the easter holidays do. they've even seen road rage incidents here among frustrated visitors. people coming out to argue and then you've got the traffic behind them arguing with them then because they're not moving absolutely hectic. the cars are just flowing constantly. we got them going up and coming down the same time, and coming down the same time. and this is the reason why newborough has become so congested. the number of visitors to darwin beach has increased in recent years. some people are asking if it's even becoming too popular. filming has been going on here. you know, netflix are here in october filming and we've got the sun down here in september blocking everything up. but the question that people here in newborough have been asking today is what can be done about the traffic problems? a series of consultation meetings have been taking place to look at possible solutions. for more stories . from across the uk, head to the bbc news website. and these small seedlings growing in a greenhouse in devon, there are big hopes and big ambitions. they're sprouting from seeds and twigs gathered from the broken branches of the sycamore gap tree, the iconic tree whose felling last september sparked an ongoing police investigation and caused a national outpouring of emotion. tony gates is the chief executive of the northumberland national park authority. he says more than 40 seedlings have already been established genetic clones, which could now be planted in different parts of the country. we all felt a bit low last september when the tree was cut down, you know, such a great symbol of the north east. we thought, well, maybe that's had gone forever. but raising seedlings isn't the only way the tree's legacy is being preserved. a technique called grafting is also being used with nine of the 20 grafts now showing signs of life. it'll take the seedlings around 100 years to grow into full, mature trees. not many of us will be around to see that. but for those who miss this iconic tree, it's still the best possible news. a sign of hope after months of anguish and despair. for more stories . from across the uk, head to the bbc news website. welcome to sports day. and these are the headlines. a major moment for manchester united as they knocked liverpool out of the fa cup with a goal and a 120th minute and a 4—3 win. could this be the year by leverkusen win once again in the bundesliga, where they have a ten point lead aiming for their first top flight title? quick work in the california desert beats safari in straight sets to win a second indian wells title. hello there. welcome to the programme. it has been a thrilling weekend of quarterfinal games in the fa cup with the most dramatic match needing a 120th minute goal to separate two of the biggest clubs in the world. manchester united eventually beat rivals liverpool 4—3. patrick geary has the details from old trafford. well, this place. old trafford has seen some games over the years, but that was right up there, an fa cup quarter final to live on in history. where to start with it? well, manchester united, many people's underdogs started the game brighter and they went ahead

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