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The Weekly News Update is a weekly
roundup of business news from around the Asia-Pacific region,
covering Fusion Consulting's core industry practices: chemicals,
consumer & retail, financial services, industrial &
logistics, information & communication technology, life science
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China - China
clamps down on Internet video Source: AFP, 6
January 2008
China has
announced tough new rules to crack down on the explosion of
audio-visual content on the Internet. Only state-controlled entities
will have the right to operate websites that post audio-visual
content. All content must be free of violence, sex, or gambling, and
cannot reveal state secrets or portray morally, socially or
politically harmful situations.
Under the new rules, websites seeking to
offer audio-visual services will have to seek a broadcast licence,
renewable every three years. The rules are the latest attempt by
China's communist government to control and patrol the Internet for
content it deems unhealthy.
China - Online
travel service industry to grow over 40% a year
Source: China Economic Information Service, 4 January
2008
China's
online travel service will make RMB7.6 billion (US$1 billion) in
revenues toward 2011 with annual compound growth of 43.6% in the
period of 2003 to 2011. Analysys attributed the fast growth of
online travel service market to the gradual maturing of online
travel service industry and the popularisation of electronic
tickets.
The
online travel service market scale reached RMB1.8 billion (US$247
million) in the first nine months of 2007, over half of which were
controlled by Ctrip.com, Mango city.com and elong.com.
India - India telecoms to
pay 6-10% of revenue for IPTV Source: Reuters, 5
January 2008
Telecoms firms like Bharti Airtel and Reliance
Communications have outlined plans to provide Internet protocol
television (IPTV) in India. Telecom regulator Telecom Regulatory
Authority of India (TRAI) said that telecoms operators who wish to
provide television over Internet in India will have to pay between
6% and 10% of their adjusted gross revenue as licence fees,
depending on the telecom zone they operate
in.
Analysts see
IPTV as a promising technology, but say its growth in India will be
held back due to the low broadband penetration in the country.
According to TRAI, only 0.24% of India's population had broadband
connections in September 2007.
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industry.
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providing a round-up of the week's Asia-Pacific news from our core
industry practices. If you have colleagues or friends who may be
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Fusion Consulting is a
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Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and
400 industry consultants in 16 countries, we conduct custom research
and consulting to help companies understand their markets, compete more
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