THE South China Morning Post will launch a comprehensive on-line business information service as part of its internet web site service (http:/ www.scmp.com ) in the second quarter of 1997. The new subscription service, to be known as the SCMP's Internet Business Centre, will be aimed at individual investors and business people wanting to keep close track of their personal investments. It will provide portfolio tracking, electronic news clipping with automatic e-mail alerts of important news and announcements, and access to company information and financial reports. The service will carry country reports, industry and market reports and news wires. Archived news and information can also be searched and retrieved via the service. The Internet Business Centre is being developed in collaboration with MAID, a leading online supplier of business intelligence services to business professionals worldwide. Since its launch in December last year, the SCMP Internet Web Site has attracted more than 21 million hits.