| PROFILE
OF BIZWEB The goal of Bizweb Communications Pte Ltd is to take advantage of the current technological trend towards electronic-commerce (E-commerce) and advertising on the World Wide Web -Internet. Bizweb Communications, with it's IT and Marketing Professionals are developing its E-commerce and Shopping Mall / Internet Design and Hosting with its' SSL Servers in USA. HISTORY OF THE COMPANY The Management with 28 years experienced in advertising overseas yellow Pages and 6 years experienced in Website designing and hosting on USA Server. THE BUSINESS The Bizweb handles overseas yellowpages advertising and overseas yellowpages website link to "ASIALINK BUSINESS GUIDE" which can be accessed on the Internet at www.asialinkbusinessguide.com or www.asiabusinessguide.com It provides link to 100 Countries' Overseas Yellow Pages on the Internet.The company has database of over 30,000 Malaysian companies and 50,000 Singapore companies cross-listed into 8,000 different classifications and 10,000 trade names. Product and Services The Company's current business capabilities include :
The Marketplace E-commerce is the current buzzword. Cyberspace is where the growth is occurring in terms of new sales. All over the world, billions of dollars a year are spent by consumers shopping on the Internet forcing retailers that once sold only in stores or catalogues to take their products to cyberspace.A report by Forester Research Inc., a U.S. based market research firm estimated online sales by US consumers alone which totaled US$2.4 billion in 1998 to double this year and reach US$17 billion by 2001. E-commerce is catching up in Singapore. A recent survey by the National Computer Board (NCB) found that two out of three companies in Singapore are fully aware of E-commerce and did see the needs to engage in it. In a move to expand the E-commerce market here, the Ministry of Communications and Information Technology (MCIT) will spearhead a new programme to get more businesses to engage in E-commerce and to organise them into virtual communities.These communities, or portals can then tap into the business-to-business E-commerce market which one forecast estimates it to reach US$400 billion worldwide by 2003. MCIT hopes to set up 10 to 20 such portals over the next two years. The phenomenal growth of the Internet is likely to be a threat to the advertising industries, unless the industries also go on-line. A study conducted by Forester Research Inc. recently concluded that over the next five years, advertisers will continue to rely on traditional medium but on-line media will begin to take over an increasing share of the market. The Report estimated that on-line advertising spending will skyrocket ten times to US$33 billion worldwide by 2004 from US$3.3 billion now.The figure represents 8.1 per cent of projected expenditure for traditional advertising and an annual growth rate of 5 per cent. The increase in spending is being driven by the surging number of Internet users worldwide. As the on-line audience continues to grow and E-commerce accelerates, more and more marketing dollars will be drawn into cyberspace. The Company intends
to expand its presence beyond Singapore, Malaysia and Vietnam and also
other regions. It is envisaged that substantial revenues would be derived from :
COMPETITION In the field of Internet advertising, the Company has small minority competitions Its' relatively new entry into the directory advertising market in Malaysia & Singapore have gained a significant market shares. MANAGEMENT The Company's management team presently comprises of 6 key persons : (i) The General Manager is in charge of all sales and marketing activities of advertising has a proven track record of 28 years in the field of Yellow Pages advertising both in Singapore and overseas. Hosting with us both small and medium-sized companies, some of which have grown into large corporations today. (iii) With the assistance of Sales Managers, some IT Professionals, & Web Designers, Sales Executives together we are very confident that we are able to cater to clients' needs and provide good after sales services. (iv) Last by not least We wish to send our sincere thanks to all our clients and supporters to make us Successful in all Regional Countries Websites. We thank all our present
and previous clients for giving us their support.
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