 It is one of the few organization still promoting online commerce in Singapore and ASEAN.In a strong departure from its earlier years, from 2006, CommerceNet Singapore had refocused to take on and implement a portfolio mix of long-term and short-term initiatives.Among the initiatives requested by its members are those of high-risk, untried and theoretical ideas that fulfil the promise of the general commercialisation of technologies, especially pertaining to the Internet, and project finance.