techinasia.com Archives - 25 November 2014, Tuesday

  • Prescription glasses from S$88? You can now buy them online in Singapore

    Four Eyes sells prescription glasses online in Singapore

    techinasia.com 24 Nov '14, 2pm

    I bought my prescription glasses – lenses and frame – for over S$200 (US$154). That’s the typical price for generic brands in eyewear retailers in Singapore, especially if you’re paying extra for thinner lenses due to your severe shortsightedness. For the middle class, the price isn’t...

  • Why Singapore’s regulations on taxi apps are bad for consumers

    Singapore's regulations on taxi apps are bad for consumers

    techinasia.com 24 Nov '14, 7am

    Tomas Forgac is an economist and entrepreneur. He is the founder of Coin Of Sale , a bitcoin POS system. The Land Transport Authority (LTA) of Singapore announced it would start regulating third-party taxi apps and outlined details on them . All of the five points mentioned by LTA wil...

  • PayrollHero to release code publicly to help build open source culture in Singapore: It’s generally considere...

    PayrollHero to release code to the public in Singapore

    techinasia.com 21 Nov '14, 5am

    It’s generally considered good form to give back to those who have contributed to your growth – whether it be to your parents after you get your first salary, or to your alma mater when you’ve made it in the world. The same ethos can be found in the tech world – specifically, in the o...

  • Singapore tightens grip on taxi apps by issuing regulations

    LTA tightens grip on Singapore’s taxi apps with regulations

    techinasia.com 21 Nov '14, 4am

    Singapore’s Land Transport Authority (LTA) will be regulating third-party taxi booking apps such as Uber and GrabTaxi with a “basic regulatory framework.” According to its announcement, the framework is the result of consultation with commuters, the National Taxi Association, third-pa...

  • Hong Kong’s foreign maids can now use bitcoin to send cash home without even knowing what bitcoin is

    Hong Kong's Bitspark launches end-to-end cash remittances

    techinasia.com 20 Nov '14, 8am

    Bitcoin is often hailed as the solution to the world’s remittance problems. It’s accessible to the unbanked, it’s nearly instant, and the fees are minimal compared to banks and other money transfer services. But perhaps the biggest obstacle to bitcoin remittances gaining serious tract...

  • Singapore security startup V-Key gets important new investor and customer: Alipay

    AliPay becomes investor and customer to V-Key

    techinasia.com 18 Nov '14, 3am

    Singapore and California-based startup V-Key , which specializes in mobile security and cryptography, has just raised a series B round from existing backer IPV Capital as well as Ant Financial Services, the operating company of Alipay , the payment processor started by Alibaba founder...

  • What is PropertyGuru doing to stay on top in Singapore

    techinasia.com 17 Nov '14, 11am

    Online property classifieds is in a constant state of flux here in Southeast Asia. PropertyGuru and iProperty are vying for dominance in the region. New players like 99.co and UrbanIndo have a few things to say about how property search should be done. Then there are forces beyond the...

  • Trend Hunter CEO receives $1,200 bill for SIA’s onboard wifi

    Trend Hunter CEO receives $1,200 bill for SIA’s onboard wifi

    techinasia.com 15 Nov '14, 3am

    It used to be that taking an airplane meant reading a book, watching whatever movies were playing on the single screen upfront, or sleeping like you’ve never slept before. Now, thanks to technology you can do a whole lot more, such as catching up on your latest TV show addiction on th...

  • Made in Singapore, this futuristic speaker packs a punch

    techinasia.com 12 Nov '14, 9am

    Unless you’re a wealthy person with deep pockets – in which case you can stop reading this now – or an audiophile, you’d probably think twice before parting with top dollar for a premium sound system. If you’re neither, you’d also face some problems in setting up your speaker set for ...

  • BitX is the prettiest, most user-friendly Bitcoin wallet yet

    techinasia.com 12 Nov '14, 1am

    The Bitcoin hype has died down since the euphoric highs right around the beginning of 2014. But that does not mean the work of making the digital currency mainstream has ceased. One major obstacle is that getting, securing, and using Bitcoin is intimidating to non-geeks. Most consumer...

  • Xiaomi fans in Singapore can now go 4G with the new Redmi Note

    techinasia.com 10 Nov '14, 6am

    Singaporeans love their Xiaomi smartphones. Here’s proof: the launch of Xiaomi’s Redmi Note here about four months ago saw 5,000 units of the 5.5-inch phablet selling out in an astonishing 42 seconds . The Chinese smartphone company will hope to go one better on November 18 when its b...

  • Bitreserve and the bitcoin volatility problem

    techinasia.com 08 Nov '14, 1am

    Luis Buenaventura is head of product at Satoshi Citadel Industries , a Philippines-based Bitcoin startup. Ask anyone what the obstacles rallied up against mainstream Bitcoin adoption are, and you’ll get a similar response: regulatory uncertainty and technical complexity. Those are two...

  • The A-Z of Singapore startup grants and schemes

    techinasia.com 07 Nov '14, 4am

    I.JAM is an initiative started by the Media Development Authority. It is a grant scheme that doles out government money to startups through government-appointed private sector incubators. The funds are given out typically in two tranches. First is a small round of up to S$50,000 (US$3...

  • Buying mobile phones, gadgets, and computers in Singapore

    techinasia.com 07 Nov '14, 3am

    The most popular place to get gadgets or computer related components will be at Sim Lim Square , but try to avoid buying anything from the first two floors. I would recommend Fuwell at #04-02F/G or PC Themes at #04-19. Do note that most of the prices you see are for cash payment only,...

  • People in Singapore are getting a bad deal in property search. This startup wants to fix that

    99.co is a property site with a plan to one-up PropertyGuru

    techinasia.com 06 Nov '14, 1am

    Property search in Singapore is like a mirage. Yes, sites like PropertyGuru and iProperty are popular among Singaporean property seekers and real estate agents, but they’re more like online classifieds than true-blue search engines like Google. And there lies the fundamental problem. ...

  • This Malaysian taxi app is apparently the first in Asia to accept Bitcoin

    TaxiMonger is the first taxi app in Asia to accept Bitcoin

    techinasia.com 03 Nov '14, 8am

    Claiming to be the first taxi app in Asia to offer this, TaxiMonger believes that the 1,400 or so taxi drivers who use its app will help accelerate bitcoin usage in Malaysia. No additional hardware is required to process a payment – users simply send their bitcoin to the mobile app, w...

  • 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 via @Techinasia

    '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...