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Internet subscribers set to grow 25% in 5 years

The Star, September 22, 2000

The numbers of local Internet subscribers is set to increase by 25% with in five years, according to Deputy Energy, Communications and Multimedia Minister Datuk Tan Chai Ho.

"In May this year, the total number of subscribes stood at 1.3 million and this number is expected to grow to 1.6 million by the end of this year," Tan said.

He said there were 18,000 Internet subscribers in the country in 1995, and that the number had grown to 700,000 last year.

Tan told a press conference this after launching the E-business ownership campaign 2000 in Subang Jaya, Selangor, yesterday

In view of the development, Tan said, small and medium industries (SMIs) and small and medium enterprise (SMEs) are encouraged to capture the opportunities by doing their business through the e-commerce trading system.

"This will be the fastest way to encouraged the SMIs and SMEs to go online," he said.

Tan said the traditional way of doing business would gradually change into high technology and the SMIs had to take the initiative to move forward.

According to Tan, the extraordinary surge in technological innovations in the communications and multimedia sector as well as the growing acceptance of Internet based solutions promises to make our lives better, make things happen faster and bring the global population closer together.

Tan said that to stay ahead in the race the SMIs has to adopt the best business strategies to keep abreast with the constantly evolving technologies.

" I am sure local SMIs are also seeking better solutions to improve their positions both in the domestic and global markets, he said.

"Internet subscribers set to grow 25% in 5 years - The Star"

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