Chinas richest man heads to detroits uluru is small American Business tallulah small American Businesses. And how do you keep track of 1. 2 billion people . We look at the new biometric identification system. Welcome to Asia Business report. Im sharinjit leyl. Most americans have never even heard of alibaba even though its a Household Name right here in asia, so the giant has gone to detroits. Its a first major eventin to detroits. Its a first major event in the us since it debuted on the New York Stock Exchange two yea rs the New York Stock Exchange two years ago, but the challenge is both to introduce and convince americans to introduce and convince americans to use the platform. Alibaba has to use the platform. Aliba ba has come to use the platform. Alibaba has come to america with a bang. The Chinese Commerce giant is here to show businesses what the company is all about and how it can bea company is all about and how it can be a gateway to the chinese market. The harder sell of course will be getting American Consumers to do their shopping with alibaba. When i asked mr ma, he said that wasnt a concern. When we think about selling alibaba products to americans, we are thinking about selling american Small Business, global Small Business, to china. We are not that interested in how big Brand Alibaba is. We are very interested in how oui is. We are very interested in how our Small Business brand is. But away from the drug is where you have alibabas us away from the drug is where you have aliba bas us investors, away from the drug is where you have alibabas us investors, and the message they been hearing is that getting american shoppers is part the long term plan. Getting american shoppers is part the longterm plan. I think its going to be far harderfor them to be able to say, cultivate a us Consumer Base using their platforms, andi Consumer Base using their platforms, and i think thats a big part of their pitch that theyve been talking with various constituencies about for the last couple of years. So, back in detroits, is alibabas Charm Offensive working . How much did you know before you came here . Charm offensive working . How much did you know before you came here . |j really didnt know very much. Do you feel you have much more confidence now . Definitely. They were showing me how to go online, and they have a process where they vet the manufacturers. Jack ma says his grand vision is for alibaba to become a Global Platform so someone from the netherlands can purchase something from thailand and its delivered within 72 hours. If thats truly the goal, then buying from the American Consumer is key. Bubers chief executive, travis kalinak, has stepped down from the topjob after a series kalinak, has stepped down from the top job after a series of scandals Under Pressure from investors who Wa Nt To Clea N Under Pressure from investors who want to clean up the companys toxic culture. Who will take on that task . Many think it would take a high profile women to truly bring the Culture Change that uber desperately needs, which is why some are suggesting marissa meyer, the former boss of yahoo. Other think sheryl sandberg, facebooks second in command, although facebook has been quick to say she wont go anywhere. As well as chief executive, this Company Needs a chief operating officer, chief financial officer, chief marketing officer and several others. This scandal has absolutely gutted this company so what Board Members are asking behind those doors is who would want to work in a place like this. The Indian Government is enrolling all of its citizens in the Worlds Largest domestic biometric identification system. The word means foundation. It started out as a voluntary programme to help indians get Food Subsidies and welfare benefits, but the government has now made it mandatory and once the ide to be linked all sorts of things like tax phone numbers, bank accounts, and all of that is making the scheme deeply controversial. How do you keep track of 1. 2 billion people . That is indias challenge. Take the countrys benefits bill. Lots of indians are poor, and they receive all sorts of subsidies. But around a quarter of it is stolen, so around a quarter of it is stolen, so a few years ago the Indian Government had an incredible idea. Why not register everybodys fingerprints and iris scans, and give them a unique number, which would give them aadhar . Proof of identity. It has already saved billions of dollars by cutting benefit fraud, and that is just the beginning. The government hopes to use it to raise more tax, to register voters properly, weed out the one third of indian drivers reckoned to be using a false licence, and much, much more. In fa ct, licence, and much, much more. In fact, it seems almost everything is being linked to this unique number. There are issues being raised about privacy and digital security. Theres no doubt that the benefits of aadharare theres no doubt that the benefits of aadhar are huge. The question indians are asking now is, how big are the risks . Shares of toshiba have opened lower after the Japanese Firm chose a consortium of japanese Government Investors as the preferred investor for its chip business. It is trying to cover massive losses from its us unit. The Consortium Bid was actually lower than a rival offer, and we explain why they went with that lower offer. I know this negotiation has been going on frantically for weeks behind the scenes. The japanese government, the ministry of economic trade and industry, has been trying to get together a consortium to buy this memory Chip Division because they did not want it to go to a foreign bidder, and all of the other bidders were foreign, from the united states, south korea and taiwan. They want to keep toshibas memory Chip Division underjapanese ownership here in japan. Fasting month for muslims, ramadan, comes to an end this weekend. With just a few days until eid, households are getting busy with furnishings and baked goods. We look at what muslims are buying online and at the shops. Its common to see a busy uptake to retailers just before a bank holiday. For the asia pacific, retailers just before a bank holiday. Forthe asia pacific, home to over 60 of the worlds muslims, there is no bigger event on the islamic calendar than the celebration of eid. Im here with the co founder of halalshop. Sg. What makes your make up halalshop. Sg. What makes your make up how halalshop. Sg. What makes your make ow lyle . Halalshop. Sg. What makes your make up how lyle . There is no alcohol in the components used and its made in an islamic way. Have you seen business picked up in the last few weeks . 0h, business picked up in the last few weeks . Oh, yes, ive been trying to get my regular customers to pick up their products quick because im running out of them. In a report that analysed over 8 million transactions from retailers in indonesia, malaysia and singapore, a Market Research Company Found Website Traffic rose the most in the third week of ramadan with a 67 lift in sales. These findings are echoed by llazada, the Biggest Online traffic in southeast asia. There was a big jump in online orders from customers in indonesia and malaysia. So ramadan is clearly the prime shopping reason for indonesia, malaysia, but also singapore. We see a pretty significant spike in traffic and orders during this period, and we see a huge surge in this fashion. Obviously you cant start eid without new clothes. Womens fashion has doubled its contribution to the overall lazada sales this month. Away from the fashion and the make up, Halal Bakery Fluff is proving a winner with the crowd. Our crowd usually ranges from young teenagers to older ladies, and also during ramadan they usually purchase a lot of cu pca kes ramadan they usually purchase a lot of cupcakes to serve during visitations. Its notjust clothes and make up. Muslims celebrating eid are also looking for a sweet enter ramadan. Looks scrumptious you know him from the movies and hes also a regular on the red carpet, but George Clooney has a lucrative side hustle, too, because hes just clooney has a lucrative side hustle, too, because hesjust sold his high end tequila brand, to diagio. The brand was founded in 2013 by George Clooney and several of his friends. The Beverage Giant will pay several Million Dollars for the brand with a potential further payment of 3 million based on performance over ten years. A quick look at the markets before we go we have a slightly lower yen helping export shares. Thats it for this edition of Asia Business report. Thanks for watching. The top stories this hour. Iraqs military says Islamic State has blown up mosuls historic grand al nuri mosque. One us general described it as a crime against all the people of iraq. Americas Secretary Of State insists china has a responsibility to try to force north korea to scrap its nuclear weapons. Wednesday was the hottest june day since 1976. The record was achieved at Londons Heathrow airport during the afternoon, where the temperature reached 34. 5 celsius. It was also the fifth consecutive day when temperatures across the uk were above 30 degrees, making it the hottest prolonged spell injune since that summer of 1976 when britain suffered a drought, as our correspondent Duncan Kennedy reports. The breathtaking beauty of the perfect Summer Solstice. Celebrated today at stonehenge with meditation and anticipation of the longest day ahead. By mid morning at the emblem court sheltered in berks, it had already reached 30 degrees. What do you make of these temperatures . Very hot. Too hot but others here were following the advice of nhs england to avoid the heat, if not the humour. I can cope with it, yeah. I mean, you just take a few more clothes off, dont you . Gets embarrassing eventually the met Office Confirmed today has been the hottestjune Office Confirmed today has been the hottest june day since 1976. Office confirmed today has been the hottestjune day since 1976. That long, Languid Cauldron of hate where temperatures peaked at 33. 8 degrees. Todayit temperatures peaked at 33. 8 degrees. Today it hit 34. 5 degrees at heathrow airport. But not everywhere has been sunny today. Thunderclap. This was newcastle. There was also rain in scotland. And it was wet at the start of glastonbury but not in the usual way so glastonbury but not in the usual way so far, without the mud, all courtesy of the local fire brigade. In redding, pet owners were also keeping an eye on hydration, while in london they flocked to tooting for a mass cooldown. The Summer Solstice of 2017, one to remember, and one for the record books. Buckingham palace says the duke of edinburgh is remaining in hospital but is in good spirits. Prince philip, whos 96, was admitted on tuesday evening as what the palace described as a precautionary measure. Prince charles added that his father was Getting Better and should be discharged later today. Hello, this is sport today live from the bbc sport centre. Coming up on this programme. Ronaldo scores for portugal. Tsonga out of the queen s tournament. The all blacks and lion kieran read is fit to skipper the all blacks. Welcome to the programme. Cristiano ronaldo showed no signs of stress over the Tax Fraud Case Hanging over him in spain, which he denies after scoring his first goal for portugal in this years confederations cup. His Side Beat Hosts russia 1 0 in their second group game. Just 8 minutes at the Spartak Stadium In Moscow this wednesday. The 32 year old netted a powerful header, from a Raphael Guerreiro cross, which gave russian keeper, Igor Akinfeev no chance. Its ronaldos 74th Senior International goal. Translation obviously i am very happy since it is the
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