ASEAN KEY DESTINATIONS
CASBAA Thailand in View Conference: Headwinds can be overcome in Thai subscription TV market
BANGKOK, Sept 1, 2016 - (ACN Newswire) - CASBAA will return to Thailand to host its third Thailand in View, an in-depth forum examining the multichannel TV industry in the country, on 6 September at Centara Grand & Bangkok Convention Centre at CentralWorld.
In conjunction with the forum, CASBAA will also release a member exclusive Thailand in View 2016 market research report with the most up-to-date information on Thailand's exciting pay-TV market and containing important TV industry data and regulatory information. Guests at the Thailand in View forum would receive complimentary copies of Thailand in View 2016 executive summary.
"We're very excited for our third Thailand in View forum in Bangkok. The last two forums brought together a diverse mix of industry leaders from various disciplines and provided a comprehensive overview of the opportunities and challenges in the Pay TV market of Thailand," said Christopher Slaughter, CEO, CASBAA.
The new CASBAA "Thailand in View 2016" report on the local subscription TV market reflects the video sector's resilience in the face of economic, regulatory and economic headwinds.
With a population of almost 70 million with a median age of 39 years-old and an average GDP per person of US$5,800, just over half of the Thai population lives in urban areas. With 23 million TV households, cable and satellite TV penetration stands at 76 percent along with 38 million internet users. Currently, there are a reported 83 million mobile phones with 40 million smartphone subscriptions.
Nevertheless, according to CASBAA, the ripple effect of 2014's political turmoil continues to be felt by an industry which last year was reported to have generated around US$465 million in revenues, slightly less than in 2014.
Meanwhile, despite of the increasing popularity of multi-screen video in Thailand there is no specific licensing scheme for mobile 3G and 4G Mobile TV services or for OTT platforms. "As ever, regulatory uncertainties lead to slower growth than might be expected," said Slaughter.
Thailand in View 2016 is generously supported by Presenting Sponsor TrueVisions and Sponsors Akamai and SES. For more information about the event, please visit http://www.casbaa.com
CASBAA is the Asia Pacific region's largest non-profit media association, serving the multi-channel audio-visual content creation and distribution industry. Established in 1991, CASBAA has grown with the industry to include digital multichannel television, content, platforms, advertising, and video delivery. Encompassing some 500 million connections within a footprint across the region, CASBAA works to be the authoritative voice for multichannel TV; promoting even-handed and market-friendly regulation, IP protection and revenue growth for subscription and advertising, while promoting global best practices. To view the full list of CASBAA members, please visit here. http://www.casbaa.com/membership/our-members/
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Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.