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Building takes place. Now on bbc news all the latest Business News live from singapore. Now on bbc news, all the latest Business News live from singapore. Facebook beats earnings estimates but investors steer clear of the like button over concerns about changes ahead. And indias budget goes before parliament. We find out how it might affect the countrys economy. Good morning, asia. Hello, world. It is thursday. Glad you could join us. I am rico hizon. We kickoff the programme with facebook and its latest earnings numbers which beat expectations. Advertising revenue up which beat expectations. Advertising revenue up 47 compared to the last quarter of 2016. A5 revenue up 47 compared to the last quarter of 2016. 11. 3 billion us dollars profitability. Not all good news. The stock slumped after Mark Zuckerberg warned engagement could ta ke zuckerberg warned engagement could take a hit as facebook evolves and users were spending 50 million fewer hours per day on the social media service. Wh

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