27 Aug '13, 4pm

Debunking the myth about “Singapore is a small market” & What Works here by @bleongcw

Yes, Singapore is a small market, but there are two reasons why if you succeed in Singapore, you get two advantages. First, it’s the exchange rate and the Singapore currency provides strong arbitrage against other Southeast Asia markets. You are working with a strong currency, in which if you go to Malaysia, Indonesia, Thailand and Philippines, you can setup quickly with more people and scale. You do know that you can hire the same group of people (other than top management) at one fifth of the cost in Philippines or Indonesia. Besides, you are earning in Singapore dollars and building things cheap in these countries. Make some adjustments to your tested model and you really have scale. So, here’s how I can help those investors who can’t see the potential of Redmart. If RedMart gets to US$50M revenue in Singapore, just S$5M to expand to Indonesia or Philippines and you can...

Full article: http://www.bernardleong.com/2013/08/28/debunking-the-myth...

Tweets

どこも美味しいね(^q^) All the noodle dishes you can get...

makansutra.com 30 Aug '13, 1am

Walk in the Golden Mile Food Centre, or also known as army surplus market, and you will find yourself in a maze-like setti...

How @Shopify plans to be an advocate for Asia's small online retailers

How @Shopify plans to be an advocate for Asia's...

sgentrepreneurs.com 26 Aug '13, 7am

How Shopify plans to be an advocate for Asia’s small online retailers August 26, 2013 by Terence LEE When Shopify entered ...

Small developers seek strength in numbers: Smal...

propertyguru.com.sg 26 Aug '13, 2am

Aug 26, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Smaller developers are teaming up as consorti...

Tesla: As Disruptive To U.S. Car Market As Toyo...

greencarreports.com 27 Aug '13, 12pm

By John Voelcker 135 views Aug 27, 2013 Follow John Add to circle 2013 Tesla Model S Enlarge Photo In its decade of existe...

The STEM Crisis Is a Myth

spectrum.ieee.org 30 Aug '13, 11pm

anxiety that a STEM crisis exists? Michael S. Teitelbaum, a Wertheim Fellow at Harvard Law School and a senior advisor to ...

STEM

spectrum.ieee.org 30 Aug '13, 6pm

anxiety that a STEM crisis exists? Michael S. Teitelbaum, a Wertheim Fellow at Harvard Law School and a senior advisor to ...

#sgfoodreview CUT: Kobe Beef -- Finally!

#sgfoodreview CUT: Kobe Beef -- Finally!

ieatishootipost.sg 27 Aug '13, 3am

Kobe Sirloin 170g $230, Kobe Ribeye 230g $310, Kobe Filet Migon 170g $250 Kobe beef was one of the foods on my list of thi...