Assessment of Electronic Commerce Developments in Singapore

Background Background Background Background Background Among developing countries, Singapore has achieved one of the highest rates of diffusion of information technology (Wong, 1996). Singapore has also been consistently rated as having among the best telecommunications infrastructure in the world according to the annual World Competitiveness Report (IMD, 1996). The high degree of " informatization " of the Singapore economy is complemented by the advanced state of development of her information technology manufacturing industry: Singapore is now the second largest exporter of electronics and IT goods to the US (after Japan). Export of software and IT services have expanded rapidly in recent years, while a host of global broadcasting and information services companies such as ESPN, Dis-ney, HBO and Reuters have chosen Sin-gapore as their regional operational headquarter.