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Transcripts For BBCNEWS Asia Business Report 20170613

from its scheduled date on monday. now on bbc news, all the latest business news live from singapore. to hike or not to hike. we will look at the rate decision of the federal bank and its impact on asia. and why is rechargeable gear becoming popular among the gaming community? good morning, asia. hello, world. welcome to another edition of asia business report. it s a tuesday. i m rico hizon. we kicked off with the us federal reserve. investors will be keeping a close eye on this week s meeting from the central bank for any clues for the rest of the year. the outlook will further rate rises is nowhere near certain. the chief economist told me why the us central bank is expected to raise the cost of borrowing by another quarter of this week. it is pretty unanimous that they will raise rates. that has been the clear forward guidance. if they don t, it will be a shock to the markets. the interesting thing the markets are looking for is any forward guidance going forward. in view

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Pandemic sparks demand for private jets in Japan

/ Posted on 7 May, 2021 12:56 Demand for private jets in Japan is seeing record growth among high-end business and leisure travellers who are seeking to avoid crowds and maintain social distancing amid the ongoing Covid-19 crisis. ANA Business Jet Co. reported a 10 per cent year-on-year increase in charter flights in 2020, as well as a 30 per cent increase in inquiries. Surge in wealthy Japanese travellers turning to private jet services to escape crowds amid coronavirus  The subsidiary of ANA Holdings was launched in 2018 with the goal of arranging charter flights connecting to scheduled ANA services, mainly bound for North America and Europe. Their planes, which include long-range, mid-sized and light jets, were initially targeted primarily at executives, but the pandemic has spurred the company to diversify.

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