Now on bbc news, all the latest Business News live from singapore. The Us Federal Reserve is set for its next meeting. What can be expected from the central bank . Nailed it. How one of singapores entrepreneurs set up a Business Empire. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Im rico hizon. Its a tuesday. Glad you could join us. We start off with the Us Federal Reserve and its meeting in washington on tuesday. It is not expected to move Interest Rates but investors will watch for clues about the next rate hike. There is a backdrop of Political Uncertainty with tensions running high between the us and north korea. I spoke to oui the us and north korea. I spoke to our guest in sydney to see what he was expecting. Two more rate hikes this year are on the cards. What they have become good at in the last few years is signalling its intention down the road. There has been an interesting shift away from talking about just the been an interesting shift away from talking aboutjust the rate hike to actually talking about its Balance Sheet. We will see a lot of speculation today and in the next few weeks about what it is going to do with this massive Balance Sheet worth about 1 trillion, and how it will unwind that. If we think about this year, a rate hike at the start of the year, one in the middle, one near the end, that is three we think will happen this year. But on the table in the second half of the year it will start focusing markets on what it is going to do about reducing the scale of that Balance Sheet. That will be slight monetary tightening as well. Bite for this particular meeting, there seems to be no impetus for a rate hike, because inflation slowed in march. But. There is also weak us factory activity. That is the latest data. Remember, what the fed, and in fa ct, data. Remember, what the fed, and in fact, any us bank does, is they have to look 12 18 months down the road. They have the gas in fact written how much of trumps spending stimulus and tax cuts are going to get through. We see the data and a drop back in inflation. You have to assume there is going to be enough inflationary force in the market early in 2018. That is what will guide them in their decision making. Richard in sydney. In australia, ta ke richard in sydney. In australia, take a look at these. They are called smashed avos. In mexico, guacamole. Wherever you are, these avocados are getting more expensive. Prices have more than doubled last year. That is due to a lack of supply in america. Demand is surging. What has led to these surging. What has led to these surging popularity of avocados . We spoke to a restaurant and bar operator in singapore. It definitely is. Look at the entirety of singapore and restaurants. Five yea rs singapore and restaurants. Five years ago, there were maybe five mexican restaurants. Now there are 20. There are chains. People are more aware of what avocado can do for you with health benefits. There are many young families in singapore and it is good for your kids. It is out there and in demand to bite we will break down the nutrients. What makes it a healthy fruit . It has way more potassium than bananas. That used to be the free people would eat for potassium. It creates electricity in your brain. For potassium. It creates electricity in your brainlj for potassium. It creates electricity in your brain. I needed that this morning. It definitely helps you. It has a lot of vitamin b and cand helps you. It has a lot of vitamin b and c and one saturated fats, the ones that are healthy. Monosaturated. Why are they surging . People are wanting more. The same reason people it fruit and meat. They think it is healthy for them. They think it is healthy for them. They think it is healthy for them. They think it is beneficial for them. You can eat it healthily and unhealthily. I usually chop it into two and put condensed milk around it. Healthy viewers will not like that. It is exactly that to be back in australia where i used to live, london, anywhere, people put something unhealthy next to something unhealthy next to something healthy. If you have beans and sausages but it would avocado on it, you feel healthy afterwards. Either coming from mexico or the united dates . There are two. The one from california, has, it has a beautiful colour. Fuerta is much smaller. Do you think Avocado Prices will continue to rise . Definitely. With the way people eat them, i would say they will go up. Restau ra nt would say they will go up. Restaurant and bar operator in singapore. Indonesian president joko widodo received a welcome from the indonesian community, many of whom are migrant workers, to talk about economics. The indonesian president , joko widodo, has gone to hong kong to drum up business. The tycoons in the city have long been investing in the city have long been investing in the most populous muslim nation. Joko widodo wants more. |j the most populous muslim nation. Joko widodo wants more. I hope that this will increase benefits. He also invited Mainland Chinese Companies to expand operations in his country. China was indonesias Third Largest investor last year, followed closely by hong kong. Ties between indonesia and hong kong already run deep. On the first day of the trip, joko widodo was given a rockstar welcome by thousands of his countrymen and women. More than 150,000 indonesia is work domestically in hong kong. Indonesians. They work hard to improve the economy back home. Indonesians. They work hard to improve the economy back homelj hope when we return back to indonesia we can find work so we dont have to stay here for so long. During the event, a small group of Labour Activists demonstrated outside, asking joko widodo not to forget the plight of Domestic Workers overseas, even as he sought to increase Business Relations between hong kong, china, and indonesia. How do you go from just one spa in a Small Singapore suburb to running more than 100 spas throughout all in the world. She credits tenacity and passion for her Business Empire that spans not only singapore, but also in london, shanghai, new york, and elsewhere. Sharanjit leyl caught up with her. Thank you very much, cynthia, for inviting us into your spa. We will get a manicure done while we do this interview. Tell us how you got on to this business. I have a really short stay in banking. I found the 9 5 hours and arable. There were several options i was exploring. 0k, childcare, a nurse, a day spa. I felt this was something i wanted to pursue. That is how it all got started. You are now in other cities beyond singapore. London, new york, shanghai, multiple other cities as well. What was the reason you went abroad . I think every city is very different ina abroad . I think every city is very different in a way. For example, going to china, you would think going to china, you would think going to china would be easier than london or new york. But there was such a stigma in china. Product registration is extremely difficult. Just to get the products registered before you could even have your products, you know, used in your salon, retail, it was difficult. Labour laws. It was very difficult. And then the compliance, you know, in terms of taxation, filing off accounting, licensing of beauty treatments. There were many things that were very difficult. I think that were very difficult. I think that in every city you want to go into, it takes almost three years to learn something. That is about right. Someone said if you have to be good at something, you need to invest about 1000 hours. It is never easy. We have just come from your spa to one of your restaurants just down the road which is quite an unusual concept. This is a big garden community. And now we are going to the cafes. From spas to restau ra nts going to the cafes. From spas to restaurants to cafes. How hard was that transition . At first it was fun, from beauty to food. But once you get into the kitchen and all of that, recruitment, it gets tough. But i think there is no shortcut ever. I think having it right smack in the city is different. That is the entire journey of howl in the city is different. That is the entire journey of how i got every little step got me a successful entrepreneur from singapore. The markets. The nikkei is up but the lords is down. All ords. Thank you for investing your time with us. I am rico hizon. Sport todayis time with us. I am rico hizon. Sport today is coming up next for you. The top stories this hour. President trump has said he is prepared to meet the north Korean Leader kimjong un if the circumstances are right. The Philippine President , rodrigo duterte, has said he may turn down an invitation by donald trump to visit the united states. Police investigating the Fatal Shooting of a businessman at his home in dorset say theyre looking for at least two intruders. Theyre said to have entered the property Wearing Balaclavas, and one was armed with a shotgun, which has not been recovered. Jewellery and watches were stolen, as our correspondent, duncan kennedy, reports. It has been described as one of the most exclusive residential neighbourhoods in southern england, but it is now the scene of a murder investigation. Dozens of officers have been searching for clues, in what has become a wide ranging inquiry. Police say guy hedger, who was 61, was shot in the early hours of yesterday morning. He later died of his injuries. This afternoon, detectives said this was an horrific act of gun violence on the tranquil edges of the new forest. We believe there was a level of preplanning within this offence. It appears that the offenders have actually gone prepared to be confronted. They were Wearing Balaclavas and in possession of a shotgun. Police say jewellery, including some designer watches, were taken in the robbery. A friend and former Work Colleague of guy hedger told us his death was deeply shocking. Well, its a very close knit business, so the sense of shock and upset will be felt very deeply. We will give as much support to our people as we can, and well offer our sympathy and condolences to his broader family and friends at this distressing time, as well. Police say another Man Living In The House was unharmed, and could be an important witness. This is an area with large, detached houses behind imposing electronic gates, with many residents here profoundly unsettled by what has happened. Well, i think its absolutely dreadful, really. Absolutely awful, sickening. This evening, the police said that mr hedgers family had been left devastated by what has happened. They said a postmortem examination was carried out this afternoon, and they have again renewed their appeal for any witnesses who might have seen anything to come forward as soon as possible. Dorset has one of the lowest Gun Crime Profiles of anywhere in britain. But this violent burglary in the heart of the english countryside is now at the centre of an intensive police investigation. If you want to get in touch with me, you can on line. Now it is time for sport today. Hello, this is sport today, live from the bbc sport centre. Coming up on this programme its three world titles in four years as mark selby dazzles on snookers biggest stage. Some acrobatics from emre can moves liverpool closer to Champions League qualifcation. As ronaldo and real eye European Club footballs biggest prize. After 17 days of snooker weve witnessed a sensational finish to this years World Snooker championship. The world number one mark selby proved why hes the world best as he successfully defended his title beating scotlandsjohn higgins by 18 frames to fifteen in the final at the Crucible Theatre in sheffield in england. A match watched byjim lumsden. The world number one began the second day of the final trailing 107 but second day of the final trailing 10 7 but needed to win the last three frames. Selby was down on sunday after a gruelling semi final but seemed a man reborn
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