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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: Jeffrey L. Henken who wrote (445)1/3/1999 8:20:00 PM
From: wlcnyc  Read Replies (1) of 2994
 
Not knowing exactly what it is you want to "find" in relation to the Singapore connection, I'll just say there is a lot of information "out there" on the internet concerning Singapore, Asia and e-commerce. Just for starters, here is a link to a news story from last August that I found quite eye opening and interesting:

news.com

"Singapore eyes e-commerce
By Reuters
Special to CNET News.com
August 12, 1998, 9:05 a.m. PT
SINGAPORE--A group of Singapore companies outlined plans today to group together into virtual retail communities aimed at encouraging Internet shopping.

The Online Technologies Consortium (OTC), backed by the country's National Computer Board (NCB), plans to train local industry in mapping out strategies to sell its products on the World Wide Web.

The consortium would allow businesses with common interests to pool resources and tap local and international expertise, the NCB's Deputy Chief Executive Michael Yap told Reuters.

"This is important to service providers because virtual communities make it easy to achieve customer intimacy," he said on the sidelines of an industry forum.

The arrangement would enable outfits in the same line of business to share marketing plans and promotions, he said.

The OTC would function as a catalyst in helping the local IT industry create and expand the virtual communities into internationally recognized electronic gathering points, Yap added.

Acer Computer and the National Library and Overseas-Chinese Banking are among the 14 sponsor members of the consortium, which has 168 members.

In the United States, virtual communities have woven a tight web of users anchored to their basic services, such as booksellers Amazon and Barnes & Noble.

NCB officials said it was a timely move for Singapore's fledgling online industry to exploit opportunities from the growth of such communities and their implications for electronic commerce.

About 90 percent of homes in Singapore have access to the city-state's high-speed Internet network Singapore ONE through cable or telephone lines.
"

Bill
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