FUTURE OF E-COMMERCEHow The Two Stack Up |
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E-Commerce Supremacy in Asia |
Singapore and Malaysia have taken two different approaches to get to
the same result. That being, the center of e-commerce. But when
looking at the two countries, how do they measure up against each
other? Singapore has the capital power to out muscle Malaysia, if
push came to shove. Singapore's government could force the
population to do its will because it has the muscle power to do so.
Plus its local infrastructure covers the whole nation, which means,
everyone in the countries benefits. If these two countries really
did run on Internet time, Singapore would have the short-term
advantage. But Malaysia has more room to grow.
Malaysia is a large country when compared to Singapore, with land cheap, education high and a population mix that can call on many resources; Malaysia has the capacity for a long-term fight. What Malaysia has over Singapore is, more incentives. Malaysia has more cards to play, on the macro level. But at the same time, it may get its legs knocked out from under it. Too much focus on the macro level of the economy. My own research shows that, even though Malaysia has a development plan that could be a model for others to follow, when you get down to the small business owner, they are still being left behind. Large companies are being given key roles to play in the development of the corridor, with their interests at heart. In conclusion, who will win the race between Malaysia and Singapore, that's still an open race? But in the end, the real winners should be the people of both countries. Singapore, in order to make consumers and small business people better off, should relax government control and allow for more freedom of expression in the business arena. Malaysia needs to take its plan to the people, from macro economic to microeconomics. In the end, the country that succeeds in this area the best will be the winner and it will most likely come down to these two countries to see, which will be, the center of e-commerce in Asia. |
E-COMMERCE E-BILLING E-PAYMENTS E-BANKING E-SHOPPINGE-ADVERTISING WEB SITE DEVELOPMENT INTERNET LAW FUTURE OF E-COMMERCE |
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