IndoExchange.com to launch textile portal

IndoExchange.com to launch textile portal

JAKARTA (JP): IndoExchange.com, Indonesia's first Internet
company that specializes in business and financial information
and transactions, will soon launch a textile portal and
facilitate online insurance transactions.

This portal, which will list around 1,000 companies, will
serve as an export promotion center for Indonesian textile and
garment producers and a facility for online business both in the
domestic and international markets, IndoExchange's chief
operating officer David Burke told reporters on Thursday.

The portal, Burke added, will provide all information related
to the textile and apparel industry in Indonesia and overseas,
including import quota allocations in major countries.

"Hopefully, Indonesian companies will make optimal use of this
Internet facility to promote their products overseas and develop
new international contacts," Burke said.

IndoExchange's chief executive officer Cam Walker added that
the textile portal is only one of several additional services and
facilities to be provided by his company.

"Our online commerce will also be expanded from share trading
to insurance transactions," Walker said.

Walker said IndoExchange's userbase was already broad enough
for enabling its website to serve as a shopfront for various
kinds of e-commerce.

"In addition to 83,000 registered users, of which 40 percent
are from overseas, our website has been getting between 200,000
and 500,000 page views per day or 7.5-10 million page views per
month," Walker added.

IndoExchange, which was established in Jakarta in 1996 as a
joint venture company, is the first Website in Asia that
specializes in the provision of business and financial
information, including realtime stock quotations.

"With 400,000 pages (400k) of capital market information,
including the profiles of all Indonesian listed companies and
stockmarket and financial regulations, IndoExchange has been
serving as gateway for foreign investors interested in
Indonesia," Walker added.

On top of that, he added, IndoExchange also has expanded its
alliance with KwikWeb.Com of the United States, a developer of
online software services that allow individuals and businesses to
create their own web sites using any Web browser or Internet
appliance.

"With full support from KwikWeb, IndoExchange is now offering
small and medium companies in Indonesia free services to build up
their own personalized websites to be included in its business
directory," Burke added.

KwikWeb chief executive officer Ric Kaestner from California
said his company would provide IndoExchange with a customized
online web site building for its users, web site hosting and
server set-up.

"This strategic alliance will bring KwikWeb online web site
creation tools and customer acquisition software to the
Indonesian financial market place," Kaestner added.