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Business news live from singapore. 20 years since hong kongs hand over to china is its economy better or worse off . And it has been two decades since the Asian Financial crisis we look at the philippines and why it did better than its regional neighbours in riding out the turmoil. Good morning, asia. Hello, world. Thank you forjoining me for this friday edition of Asia Business report. Im rico hizon. As we told you on newsday this weekend marks 20 years since hong kong saw the end of British Colonial will. Chris patten was the last governor of hong kong, which is one of the major financial hubs of asia. My of the major financial hubs of asia. My colleague asked him if he is concerned about the future of the economy under chinas growing influence. My biggest worry about hong kong wasnt that the tanks would roll in from ....
Different companies because in different ways where they re each a giant piece of the internet. amazon has shopping, google as search. facebook has social networking. in my eyes the strongest case may be against google where the weakest legal case may be against facebook, but the biggest pr problem. i can t think of any other situation where the co-founder is calling to break up the company. when you look at google, they control search and they ve been sued successfully several times in the eu saying they ve favored their products in search over rival products. you can look at android and say they favored google apps, apps consumers love like google maps and chrome but they re going to smart phone makers and saying if you want to android operating system you better bundle in our apps, a similar argument that microsoft made back in the 90s ....
Now these are apps consumers love like google maps and chrome. but they re going to smart phone makers and saying if you want the android operating system you better bundle in our apps which is a very similar argument microsoft made back in the 90s as well. then you look at a company like facebook and you say why have they been able to run rough shot over our data, and that plays into anti-trust too. because you say maybe they couldn t do that if they didn t have so much market power. it s interesting and just azine aside, this weekend i think google was down horror. tim kaine was like can you get on your e-mail, i can t get into instagram. and you forget how they re all connected and if one thing goes down, you know, it all does. do we have time to get to this sound bite? we don t? okay. sorry, how long can this investigation take? an eternity. microsoft took 12 years. this could be the beginning of a ....
now, for where in the world. quick hits from all around the globe. the miami herald reporting nearly half of pertain row co- s housing was built illegally. then came hurricane maria. the island s building codes are said to be on par with florida s wind storm rule but the herald reports as many as half of puerto rico s dwellings, up to 1 million, built without permits of any kind. the island struggling to recover from maria. top officials from the cia, nsa, fbi and the defense intelligence agency agree americans should not buy smart phones made by chinese tech companies. testifying before the senate intel panel the intel experts said the smart phone makers pose a security threat to u.s. customers. the company disputes that, rushing to the defense saying the u.s. spy agencies are trying to protect domestic brands like the i phone. ....
now, for where in the world. quick hits from all around the globe. the miami herald reporting nearly half of pertain row co- s housing was built illegally. then came hurricane maria. the island s building codes are said to be on par with florida s wind storm rule but the herald reports as many as half of puerto rico s dwellings, up to 1 million, built without permits of any kind. the island struggling to recover from maria. top officials from the cia, nsa, fbi and the defense intelligence agency agree americans should not buy smart phones made by chinese tech companies. testifying before the senate intel panel the intel experts said the smart phone makers pose a security threat to u.s. customers. the company disputes that, rushing to the defense saying the u.s. spy agencies are trying to protect domestic brands like the i phone. ....