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. 


 
 2008 Asia-Pacific pay-TV operators survey, 4th edition 
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 focusing on the largest players in each country. In cooperation with ContentAsia.
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Media & leisure 


Korea - Microsoft to tie-up with Daum and Celrun for IPTV service
Source: Optical Networks Daily, 25 January 2008

Microsoft will form a joint venture with Korean firms Daum and Celrun to address the country's Internet TV market. Internet portal Daum will provide content, while Microsoft will offer its IPTV solutions and focus on overseas marketing; Celrun will provide set-top boxes.

Daum aims to launch the VoD service in the second quarter of 2008 when the joint venture is formally launched. The company will also provide real-time broadcasting if it acquires a licence from the government. Daum forecasts that the local IPTV/Internet TV market will increase from a current 1.1 million customers to 16 million by 2011.


Singapore - Outbound travel to grow 4.5% in first half of 2008
Source: Business Times Singapore, 28 January 2008

Outbound travel from Singapore in the first half of 2008 is expected to grow by 4.5% compared to a year earlier. According to the MasterCard Worldwide Index of Travel for the first half of 2008 in Asia Pacific, outbound travellers from Singapore are expected to make some 2.9 million resident departures over the next six months, excluding travel by land to Malaysia.

The forecasts across the other Asia-Pacific markets also reflect steady growth, with China making up a quarter of the more than 79.5 million resident departures expected from Asia Pacific. China can expect 12.4% year-on-year growth in outbound travel, the highest in Asia Pacific.


Thailand - CASBAA slams Thai pay-TV sector
Source: VarietyAsiaOnline.com, 25 January 2008

The Cable & Satellite Broadcasting Association of Asia (CASBAA) has slammed Thailand's pay-TV sector for its lack of development and slow pace of reform. Issues that need to be addressed before the sector can grow include widespread signal theft and a regulatory environment that permits unlicensed operators in the provinces. Another major drag has been lack of advertising. Pay-TV sector is currently not allowed to carry local advertising.

CASBAA said "Thailand should have a far more robust pay-TV market given its population, GDP, level of entertainment consumption and the maturity of the advertising industry." But Thailand's pay-TV penetration at only 14% of Thai TV households is "relatively low compared with other Asian markets."


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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.

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