techinasia.com Archives - 01 November 2014, Saturday

  • Now you can buy bitcoin with your Red Bull and chewing gum in 3,000 Taiwanese convenience stores

    Taiwanese convenience store chain Family Mart sells bitcoin

    techinasia.com 28 Oct '14, 6am

    One of the greatest challenges for bitcoin entrepreneurs is figuring out how to turn the esoteric cryptocurrency into something average consumers will understand. It’s not easy to get grandma excited about blockchains and ledgers, unless grandma is a libertarian who loves the deep web...

  • Singapore's startup scene is overrated.

    Singapore's startup scene is overrated.

    techinasia.com 25 Oct '14, 12pm

    It’s a tiny market that’s at odds with the region. Asia’s growth story is occurring in places like Indonesia and Vietnam. Many Singapore-based entrepreneurs are not adaptable enough to thrive in these countries as they are culturally more in-tune with the West and other developed mark...

  • From Russia to Singapore, this serial entrepreneur’s 21-year journey is astonishing

    This serial entrepreneur’s 21-year journey is astonishing

    techinasia.com 21 Oct '14, 8am

    Singapore is internationally known as a popular destination of choice when it comes to starting a business. All it takes is a stroll down Orchard Road, a major shopping street, and you’ll no doubt bump into people from all over the world who have immigrated to the Lion City to set up ...

  • Where is Bitcoin headed in the Philippines? Here are some predictions for 2015

    Philippine experts share their Bitcoin predictions for 2015

    techinasia.com 21 Oct '14, 8am

    , co-founder and COO of SCI: The Philippines has a very unique market, in the sense that there are a half million merchants on social media (Facebook and Instagram). Since most of these merchants are too small, they have no access to traditional online payments such as credit cards an...

  • Singapore startup gets record $5.6M seed funding to turn your phone number into a URL

    Singapore startup gets record $5.6M seed funding to turn your phone number into a URL

    techinasia.com 20 Oct '14, 6am

    GNum is a free online chat service that allows people to connect using a simple URL. So, unlike with Skype, Tango, Viber, or countless other chat apps, there’s no need to sign up or log in. You just need to give the personalized URL to whoever it is you’d like to have call you. The id...

  • With nothing to lose, two Indian college kids solve a medical problem, get Sequoia backing, wow Singapore

    Two college kids solve medical problem, get Sequoia backing

    techinasia.com 06 Oct '14, 3am

    I grew up in a small but relatively prosperous, academically oriented south Indian town, where everybody knew everybody else plus their ancestors. That gave me a rather unusual perk. I had not one but several highly qualified family doctors to fall back on whenever something went wron...

  • Internet and tablet for the poor at $6/month? That’s where Singapore telco fines are going

    Singapore telco fines go towards internet and tablet for the poor

    techinasia.com 29 Sep '14, 3am

    When 2013 ended, Singapore was leading the region in terms of internet penetration at 75 percent. Now, the government is looking to close the gap with the launch of a S$10 million (US$8 million) Digital Inclusion Fund yesterday. According to TODAYonline , the money has been set aside ...

  • After Mt. Gox collapse, these bankers want to build a safer Bitcoin exchange

    These bankers want to build a safer Bitcoin exchange

    techinasia.com 26 Sep '14, 9am

    Mario Gomez Lozada looks nothing like the shaggy hipsters that you encounter at Bitcoin meetups. At 40 years old, he’s obviously more seasoned, and his tailored suit and Franck Muller watch clash with the usual T-shirts and beards. The first wave of Bitcoin exchanges, like their creat...

  • Bitcoin gains strength in Japan, wins support from a leading payment provider: The move could make bitcoin pay...

    GMO backs Bitcoin in Japan

    techinasia.com 24 Sep '14, 6pm

    Bitcoin’s cloudy future in Japan just got a bit brighter. The virtual currency has been slow to catch on in Japan following the collapse of noted bitcoin exchange Mt. Gox and the government’s subsequent refusal to categorize it as a currency . There are still proponents of Bitcoin in ...

  • ‘Discriminatory’ job ad angers developer community

    'Discriminatory' job ad angers developer community

    techinasia.com 24 Sep '14, 4pm

    A job ad for a lead software developer in Singapore went viral today – for all the wrong reasons. Posted by Shanghai-based startup Sugar, the job description quickly raised the ire of the app development community. In the section about the sort of person they’re seeking, they allegedl...

  • Vietnam and Singapore are the only two countries that have produced a billion dollar startup

    Vietnam and Singapore are the only two countries that have produced a billion dollar startup

    techinasia.com 23 Sep '14, 11am

    Probably the most bizarre thing about these companies is their point of origin. Vietnam is a country that is largely ignored by international investors because of its volatile market, complicated legal system, and poor startup output. Singapore’s a favorable country with a great legal...

  • Is your Singapore startup making a killing? Here’re some tips on dividends

    Tips on company dividends in Singapore

    techinasia.com 08 Sep '14, 5am

    Does the company have sufficient profits? The company should have set off the previous year’s losses and tax obligations and have a ‘net profit’ before the dividend amount is recommended. Does profit have to be only ‘revenue profit’? No, the balance of the capital profit/retained earn...

  • 12 Philippine companies that should really start accepting Bitcoin

    Philippine companies that need to accept Bitcoin

    techinasia.com 02 Sep '14, 6am

    It’s big news when a major corporation or non-profit, such as Wikipedia, starts accepting Bitcoin . A number of people want to have more places to spend their bitcoins. So Tech in Asia spoke with entrepreneurs in the Philippine Bitcoin space on what companies they would like to see ac...

  • Taiwan-based music streaming #startup KKBox raises $104M from Singapore’s GIC by @horwitzjosh

    Taiwan music streaming startup KKBox raises US$104M

    techinasia.com 28 Aug '14, 3am

    In what comes as the largest funding round for a Taiwan startup this year, Taipei-based KKBox has announced it just raised US$104 million from Singapore’s GIC, a government owned investment firm. The company says it will use the funding to continue its overseas expansion and improve i...

  • This Japanese politician is crowdfunding a personal trip to the US to study Bitcoin

    A Japanese politician is crowdfunding Bitcoin research

    techinasia.com 27 Aug '14, 8am

    Mineyuki Fukuda, a member of Japan’s House of Representatives, has taken a novel approach to fund an overseas Bitcoin research tour. The Liberal Democratic Party (LDP) lawmaker and head of the central government’s IT Strategy Committee has launched a crowdfunding campaign that will se...

  • A list of venture capital firms in Singapore

    A list of venture capital firms in Singapore

    techinasia.com 25 Aug '14, 11am

    Venture capital firms have entered Singapore in droves, which means internet startups here can look forward to a wider variety of funding options. Here is a list of venture capital firms with a presence in Singapore that are actively investing in startups in the series A rounds and ab...

  • Singapore’s migme to be preinstalled in over half of Indonesia’s new smartphones

    Singapore’s migme partners with Smartfren, Trikomsel, Nexian

    techinasia.com 20 Aug '14, 7am

    Remember mig33? It is a Singapore-based microblogging company which recently changed its name to migme (ASX:MIG). Just last week, migme debuted as a publicly traded stock on the Australian Stock Exchange. And today, migme announced that it has tied a deal with three big handset player...

  • Making Satoshi proud: This Bitcoin umbrella firm has released six companies in three months

    This Bitcoin firm has launched six independent Philippine ventures

    techinasia.com 20 Aug '14, 6am

    In the tiny Makati City office that Bitcoin universal company Satoshi Citadel Industries (SCI) calls its headquarters, there is a sign on the wall that reads: “Ready, fire, aim.” The deliberate botching of a battle cry is meant to convey SCI’s ethos of releasing products first, and re...

  • BitX, a Bitcoin wallet and exchange for emerging markets, raises $800k

    BitX: Bitcoin wallet and exchange for emerging markets

    techinasia.com 19 Aug '14, 2am

    Bitcoin , the world’s leading cryptocurrency, is being touted for its benefits to emerging markets. Its peer-to-peer nature enables seamless cash transfer across borders, a vast improvement on today’s remittance industry. BitX plans to make a Bitcoin economy a reality in these markets...

  • Singapore’s Accreditation@IDA: skip it if you’re a startup: While Accreditation@IDA is a Singapore government ...

    Accreditation@IDA: skip it if you're a startup

    techinasia.com 16 Aug '14, 2am

    We set up the Accreditation@IDA to help startups win real projects from government and industry buyers, where accredited companies will be considered first for various innovation-focused government projects and industry collaborations. [The initiative aims to] build an innovative tech...

  • Singapore government investigates data privacy complaint against Xiaomi

    Singapore government investigates data privacy complaint against Xiaomi

    techinasia.com 15 Aug '14, 2pm

    Star Zest Home Tuition was the first to face the wrath of Singapore’s newly minted Personal Data Protection Act, which officially took full effect on July 2. Now, Chinese smartphone maker Xiaomi could be next in line. According to a report by Wall Street Journal , a Xiaomi device user...

  • #singapore #startup #grain delivers healthy #food via taxi on demand, awesome! Rt @techinasia

    Grain offers 15-minute healthy food delivery service in Singapore

    techinasia.com 15 Aug '14, 4am

    Food is central to many cultures. The Japanese are renowned for their sushi, Singaporeans revere their cheap hawker food, and Indians have, well, 36 regional cuisines to choose from. The problem is that they’re often unhealthy. White rice has tons of fast carbs, which raise the risk o...

  • Rakuten Super Logistics accepts bitcoin

    Rakuten Super Logistics accepts bitcoin

    techinasia.com 12 Aug '14, 3pm

    Rakuten Super Logistics U.S, a company that provides order fulfillment services for online retailers, has already begun accepting bitcoin via BitPay after requests from customers “We are working to apply this new technology to the benefit of market participants, especially those who c...

  • Singapore startup Bubbly is liquidating

    Singapore startup Bubbly is liquidating

    techinasia.com 11 Aug '14, 5am

    Bubbly , a Singapore-based social network which received US$39 million from Sequoia Capital , Singtel Innov8 , and JAFCO Asia , is liquidating after several acquisition deals failed to work out, sources confirmed with Tech in Asia. Bubbly had undergone the due diligence process severa...

  • Launching a startup in Singapore? 4 things you need to know

    Launching a startup in Singapore? 4 things you need to know

    techinasia.com 11 Aug '14, 1am

    Co-authored by Hazel Ho. Chow is a partner at ATMD Bird & Bird LLP, an international law firm. The growth in the technology ecosystem in Singapore has attracted investors and fund seekers alike. This is intended as a useful primer for all eager entrepreneurs kickstarting their compani...

  • 5 innovative gadgets that are proudly designed in Singapore

    6 innovative gadgets that are proudly designed in Singapore

    techinasia.com 08 Aug '14, 12pm

    It’s that time of the year. Singapore’s National Day (August 9) knocking at our door, which means it’s time, Singaporeans, to cast away your complaints for one moment, wear your patriotic pride on your sleeve, and appreciate all that Singapore has to offer. Fortunately for techies, Si...

  • Guvera takes the fight to Spotify in Singapore, Malaysia, Philippines, Hong Kong

    Guvera takes the fight to Spotify in 4 new Asian countries

    techinasia.com 08 Aug '14, 4am

    Music streaming service Guvera is taking the fight to Spotify in a bunch of Southeast Asian countries. The startup, which hails from Australia, is now available in Malaysia, Singapore, the Philippines, and Hong Kong. The move comes six months after Guvera hit the streets of Indonesia ...

  • This Japanese VC has a newfound love for Singapore. Find out why at #StartupAsia

    At Startup Asia, a Japanese VC with a newfound love for Singapore

    techinasia.com 08 Aug '14, 1am

    Singapore was recently named as one of the top five best places in the world to launch a startup in a study done by Washington State University’s College of Business. But you probably knew that already – the island-state has been a mainstay in such rankings for many years running. Her...

  • "Australia

    Singapore misfit kickstarting Australia's space industry

    techinasia.com 07 Aug '14, 10am

    Brian Lim was destined to be a bottom feeder in Singapore. His secondary school was in the bottom ten for the Normal stream – a classification for students who are less adept at scoring in examinations. And the paper chase was all that mattered: the system treated him as someone resid...

  • Men hate to shop. That’s no obstacle to a new breed of Singapore startups

    Edit Suits, Tate & Tonic, and Packnada are changing ecommerce

    techinasia.com 05 Aug '14, 8am

    Guys around the world let out a cathartic sigh when Miserable Men went viral on Instagram. The account depicts bored guys waiting at shopping malls for their wives and girlfriends, highlighting the inescapable stereotype that women love to shop, and for a long time. Enter ecommerce, w...