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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (5370)	10/28/1999 11:38:00 PM
From: Frank_Ching	Read Replies (1) \| Respond to of 10354

You stupid moron Auric. Are you saying that this article has "nothing" to do with ZiaSun? You haven't got a clue have you? Asia Internet Trade Revenue: $30 Billion By 2001 By Reuters COLOMBO (Reuters) ? Revenue from Internet commerce in Asia is expected to grow to $30 billion by 2001, but lack of access, training and legal and regulatory framework could prove obstacles, said participants at a conference in Sri Lanka. "The International Data Corporation (IDC) has forecast that Internet commerce in Asia will explode from roughly $500 million annual revenue today to $30 billion by the year 2001," said Kingsley Wickremaratne, minister for internal and international commerce and food. Speaking at the three-day conference on electronic commerce for Asia and the Pacific, Wickremaratne said information technology sales in Asian markets already matched Western Europe. "There are already about 11 million Internet users in Asia today. An IDC prediction for year 2001 is that the number of users in Asia will exceed 42 million," he said. The conference is being attended by some 200 information technology personnel from key government, inter-government and private institutions from 35 Asia Pacific countries. It will discuss topics such as the importance of electronic commerce at global and regional levels, the legal and economic issues and conditions for the participation of Asian enterprises. Bruno Lanvin, head of the e-commerce section of the United Nations Conference on Trade and Development (UNCTAD), told the conference Internet access could be one of the main obstacles faced by countries in the region. "Countries in this region have several thousand islands. This indicates that the geographic disadvantage needs to be addressed in terms of access," he said. Ninety-six percent of "Internet hosts" are in the developed countries where only 16 percent of the world's population lives. Lanvin said large countries like China and India will also have to develop very specific strategies to provide connectivity. "...Human resources and training people to make sure that they are aware of the latest developments are also obstacles," Lanvin said. Asia-Pacific nations will also have to put into place legal and regulatory framework, sort out financial and fiscal issues and ensure security before e-commerce can take off in the region. "E-commerce is not an area that knowledge will come from text books. A meeting like this has immediate value in helping developing countries... make practical proposals for developing e-commerce," Lanvin added. Copyright 1999, Reuters News Service