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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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2008
Asia-Pacific pay-TV operators survey, 4th
edition Find out what the major cable,
satellite and IPTV platforms in Asia and Australia
think about all
the major pay-TV channels, their programming plans
and their hopes and fears for the future of the
industry. This survey questioned
programming managers at major
carriers in 16 countries
across the region, focusing on the largest players
in each country and
covering one third of the 120 million regional
subscriber base. In cooperation with ContentAsia. Request more information.
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Singapore - Plight
of online music stores Source: Business Times,
05 May 2008
Nokia's opening
of an online music store comes against the backdrop of the Singapore
digital music market growing at a compounded annual rate of 34.5%
till 2011, up from US$28.2 million in 2006. However, despite the
apparently healthy growth in digital music, the paid music services
market in Singapore proved to be much softer than originally
anticipated.
Mobile music services in Singapore accounted for 99% of
the total digital music revenue generated in Singapore in 2006.
Ringtones are expected to account for 45.4% of the total mobile
music revenue in 2011, while ringback tones are a close second with
40.5% of the total mobile music revenue in Singapore. According to
the analyst, consumers in Singapore have showed limited interest in
online music stores, preferring to spend only on ringtones and
ringback tones.
Singapore - Firms trailing
in digital marketing Source: Business Times, 05
May 2008
Broadband and mobile take-up rates are skyrocketing as
Singaporeans continue to lap up the latest gadgetries. However, a
marketing expert says local companies are still not keeping pace
with the furious pace of technology advancement, resulting in a
gaping disparity between IT-savvy consumer behaviour and the choice
of advertising and promotional platforms.
Asia is a US$115 billion advertising
market. About US$10 billion of this is made up of digital media. In
Singapore, only 3.5 to 4% of the total media market is digital
despite being such a technologically advanced country. The total
number of handphone subscriptions continues to outnumber the
Republic's population base, with mobile penetration peaking at 127%
in February 2008. Similarly, the take-up of high-speed Internet
packages is also on the rise, with household broadband now standing
at 79.2%.
China - Chinese gets its
game on Source: China Business Weekly, 05 May
2008
China's
online game market has long been dominated by foreign game companies
whose games have fascinated millions of Chinese users. However, the
trend has reversed as more domestic online game companies are
developing games with Chinese themes and using Chinese marketing
tactics to sell them.
The turnover of China's online game market reached
RMB1.3 billion (US$186.1 million) in 2003, with domestic games
accounting for 25.7%. In 2007, the domestic percentage increased to
65.1%, boosting the market turnover to RMB6.9 billion (US$987.8
million). The rapid growth allowed 11 Chinese online game companies
to be listed on foreign stock exchanges during the past three years
and gave them more resources to develop their
games.
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Fusion Consulting is a
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Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and
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