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 and media & leisure. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com


 
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Media & leisure 


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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This Weekly News Update is a free newsletter, 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 interested in subscribing, please forward this email to them and copy knowledge@fusionc.com.

Fusion Consulting is a business intelligence consultancy providing clear strategic advice on 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 effectively and grow into new areas of opportunity. Email
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