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Fraser & Neave forms new e-commerce firm

The Fraser & Neave Group (F&N) in Singapore said it had formed a firm called Fannet Online Pte Ltd. to drive its e-commerce business initiatives.
It said in a statement it also received approval to s…

The Fraser & Neave Group (F&N) in Singapore said it had formed a firm called Fannet Online Pte Ltd. to drive its e-commerce business initiatives. It said in a statement it also received approval to set up a similar firm in Cyberjaya, Malaysia“s multimedia “super corridor centre. Fannet would be a critical e-commerce vehicle to support and expand its existing food and beverage and properties businesses using Internet and communication technologies.

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