CommerceNet Launches S'pore Grouping
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A group of 44 companies including both multinationals and indigenous Singapore firms has launched CommerceNet Singapore to promote e-commerce in the Asia Pacific region.
The new entity, part of the CommerceNet Asia grouping which includes countries in North Asia, aims to boost activities and companies engaged in e-commerce. The Singapore consortium has become the latest member of the California-based CommerceNet grouping which brings together about 600 e-commerce developers and users worldwide.
In launching the Singapore entity, chairman Toh See Kiat said the Singapore grouping will run several events over the next few months and the revenues generated from these programs will be plowed back into promoting e-commerce.
The non-profit grouping has kicked off its first project by launching catalogues over the Internet and will follow up with an online procurement system. Comprising 582 participants, the project includes companies in Singapore, Japan, China, Korea and Taiwan, said Toh.