Essay about The ECommerce Environment of Singapore

The ECommerce Environment of Singapore Geography The Republic of Singapore is located in southeast Asia, south of Malaysia and northwest of Indonesia. The island measures a total of 637 square kilometers with a coastline 193 kilometers long. Singapore is generally comprised of lowland areas with a central plateau in the middle of the island. Its elevation ranges from the Bukit Timah, (166 m.), to the Singapore Strait which is at sea level. Its climate is tropical and wet. Precipitation occurs on 40% of all days, (70% of days in April). Singapores two biggest natural recourses are its fishing industry, and its deep water ports. Singapore is also a focal point for most Southeast Asian sea routes. History Singapore†¦show more content†¦The E-commerce environment consists of the physical internet network, components, and internet services. The environment also includes a collection of supports and incentives to assist and promote the on-line community. Internet Awareness and Usage Approximately Ninety-two percent of adults aged 18 to 55 years old are aware of the Internet. About one third (32%) of the total population have used the internet. This gives Singapore roughly 667,000 adult internet users. However, only 13% of internet users have ever made online purchases. When surveyed only 21% of internet users were aware that these services existed. The bulk of the population uses the internet primarily for information searches and electronic mail (38% and 30% respectively) Infrastructure Services In order to develop, E-businesses need an operating environment including network services, payment services, and trust systems. The information technology industry in Singapore has been working with the government to develop online payment systems, security systems, directory services, and other E-commerce services essential to a developing online industry. 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