Hong Kong – The survey of revenue leakage over the last 12 months in the regional pay-TV industry conducted by CASBAA and Standard Chartered Bank, has placed losses at $US1.54 billion, up from $US1.13 billion in 2006. Covering Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Australia, Macau and new addition Pakistan, the report also highlights that at least $US213 million has been lost in unpaid taxes across the region this year. Lee Beasley, Head of Media and Entertainment of Standard Chartered Bank noted, “The pay-TV piracy situation in most of the big markets in the region needs to be seriously addressed, not just by the industry but also by government. Nonetheless, the fact that legitimate paid subscriptions are seeing an average 10% growth is a positive sign of the vast potential for the Asia Pacific pay-TV industry.” Pakistan, surveyed for the first time, registered losses of $US110 million with 4.6 million pirated cable-TV subscriptions coming up against 345,000 legitimate subscriptions. Excluding Pakistan, the regional figure reads $US1.43 billion, up $US300million, a 26% increase from 2006.