Mr. Wong Jeh Shyan Chief Executive Officer CommerceNet Singapore

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1 CommerceNet Singapore (CNSG) Industry Assistance Mr. Wong Jeh Shyan Chief Executive Officer CommerceNet Singapore 1

2 About CNSG CommerceNet is a global consortium represented in 22 countries with participation of 660 corporate entities as members There are 5 CommerceNet entities in Asia under CommerceNet Asia: CommerceNet Korea, CommerceNet Japan; CommerceNet China/Hong Kong; CommerceNet Taiwan and CommerceNet Singapore (CNSG) CNSG houses the secretariat for CommerceNet Asia 2

3 About CNSG CommerceNet Singapore (CNSG) is a not-for-profit global consortium of 52 business partners that organise resources from the industry, plans and executes key strategies CNSG seeks to sustain market initiatives that promote security, innovations and develop human, intellectual, financial and cultural capitals within the self-sustaining enterprise ecosystems 3

4 CNSG s Mission CNSG s mission is to promote trusted cross border commerce and the integration of technology in knowledge based economy - with a special focus on ecommerce, and to make it Ubiquitous, Easy and Trusted 4

5 Foundation Members 5

6 Some of CNSG s Corporate Members 6

7 CNSG s Associate Members 7

8 Pilots (Year ) - epayment/merchants Seeding - Global Reliability Programme/Trustmarks - Pervasive SMS Apps - Next Generation Internet/Internet II - Post-Graduate Curriculum Development - Talents Repository Programme - CNSG Industry Assistance Programme - Regional Market Access Programme 8

9 epayment/merchants Seeding - Merchants seeding for online cluster - Work with exporter Yellow Pages regionally - Testbed cross-border payment solutions 9

10 Global Reliability Programme/Trustmarks - National Trust Council s TrustSg Programme - ConsumerTrust - BusinessTrust - PrivacyTrust 10

11 Pervasive SMS Apps - Promotes the development of SMS apps, including games - Mass adoption of business end-user plug and play SMS servers 11

12 Next Generation Internet/Internet II - Administer NGI Financial Grants (California Government) with investment headlight beam of 60 months against VC s average of 18 months - Work with regional education institutes on Internet 2 technologies - Market intelligence and industry education on NGI and grid computing 12

13 Post-Graduate Curriculum Development - Work with regional education institutes on IPR management and exploitation education curriculum - Focus on upgrading tertiary education institutions courses regionally so as to better train more relevant industry needed skills and professionals by benchmarking and proliferate industry-needed courses internationally 13

14 Talents Repository Programme - Enhancing the largest industry-based talents database - Used essentially for head-hunting and industry job-placement to reduce structural unemployment - especially of middle to senior management from the industry 14

15 CNSG Industry Assistance Programme (CIAP) - Upfront grants to encourage sector specific growth - Companies can use CIAP to reach out, gain market visibility and market positioning, clientele acquisition or clientele retention and information/knowledge sharing, to help them through this depressed market condition 15

16 CNSG Industry Assistance Programme (CIAP) - Can be used for marketing as long as focus is on soft-sell and infosharing, building product and solution awareness - Opened to non-cnsg members since mid

17 CNSG Industry Assistance Programme (CIAP) - No-frill application procedures, to be approved by CNSG board; usually takes just 10 working days to approve - Application forms can be downloaded at: 17

18 Regional Market Access Programme - Assistance granted on case-bycase basis to selected companies for duration of 12 months - CNSG will open doors at top-level and set-up specific operations in new market (e.g. Korea, China, South Asia etc.) and hedge the companies risk exposure to minimum 18

19 Conclusions CNSG is a highly independent, proactive and member-centric industry consortium, with a very special focus on enhancing members and their strategic partners bottom-line and market development CNSG is best tapped for her continued relevance and industryoriented assistance programmes 19

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