New client acquired: Ayuthaya, The Royal Thai Spa

Kudos to the Sales Team. We’ve got a new client from Spa Industry: Ayuthaya, The Royal Thai Spa

The Company was incorporated in Singapore on 19th July 2004 to carry on the business as owners, operators and managers of “Ayuthaya Royal Thai Spa”, an authentic Thai style spa providing ancient forms of Thai massage; both Thai Traditional Massage and Royal Court Thai Massage; aromatherapy body massages and beauty treatments, using traditional Thai herbs and natural products.

Ayuthaya was once the Royal Capital of Thailand before moving to Bangkok, but many of its Royal influences still remain in traditional Thai massage techniques. Hence the reason for adopting Ayuthaya as our trading name, in order to reflect Royalty, originality and authenticity. The official opening of our first Spa was in December 2004.

Ayuthaya Spa is unique in that it aims to provide a real “Royal Thai Spa Experience” with world class standards and quality. We aim to provide a combination of soothing atmosphere, skilled Thai style therapists and the finest in Thai Hospitality, for which Thailand is renowned worldwide. It will be specifically designed Thai contemporary style and the treatments to be provided to the customers are to be authentic and uniquely Thai, as practiced in the ancient Royal Court. 

New Site Launched! OpenRangePetroleum.com

Open Range Petroleum is a production oil company focused on oil production in the Bakken and Three Forks Formations of the Williston Basin. Their senior management team has over thirty years experience in every discipline applicable to a production oil company. Their business model is based on the oil resources of the Williston Basin and a long term bullish view on the price of oil. Open Range Petroleum create value by acquiring mineral rights and utilizing industry leading techniques for drilling, completions and production. Open Range Petroleum currently hold a net acreage of 8,000 acres and operate our joint ventures holding 11,000 acres. Their 2011 objectives are to substantially increase our net acreage position in strategic areas, increase oil production and enhance our financial profile.
http://openrangepetroleum.com/

Open Range Petroleum

Why Singapore can’t produce a Zuckerberg?

Entrepreneurs have to venture beyond Singapore for business opportunities and, even then, “markets around Singapore are not homogenous enough to create scale”, he said.

In comparison, US companies enjoy economies of scale to build up to a significant size before they branch out into the rest of the world. This means they get a much larger revenue pool, he explained.

Mr Mike Ang, president of the Association of Telecommunications Industry of Singapore, felt that Singapore “just does not possess the eco-system that Silicon Valley has” to nurture billionaires.

He observes that Singapore firms prefer to buy products and services from big overseas firms such as HP, Microsoft and IBM, instead of supporting small, home-grown start-ups.

Alice in Wonderland – Facebook legend living in S’pore

“The only way to achieve the impossible is to believe it’s possible.”

- from “Alice in Wonderland”

Eduardo Saverin – Facebook legend living in Singapore

Tham Yuen-C
Straits Times

Site’s co-founder set up a software development firm here last year, but has maintained a low profile.
The other Facebook legend – the one who fell out with co-founder Mark Zuckerberg – has set up a software development company in Singapore.

Mr Zuckerberg is chief executive officer of the world’s most popular social networking site.
His former collaborator, Mr Eduardo Saverin, 28, is one of three people behind Web technologies company Anideo, with offices in Singapore and Miami, Florida.

The Brazil-born billionaire is said to have been living in Singapore since last year, and the Singapore outfit of his firm was registered under his name in October last year.

His two partners are fellow Harvard University graduates, one of whom had worked with him on a job search site in 2005.
Since technology site TechCrunch posted a blog last Thursday about him being in Singapore, netizens – here and abroad – have been speculating about his whereabouts.

A film, The Social Network, based on the story of the two co-founders, is currently showing in cinemas around the world.
Mr Saverin is portrayed in the movie as the more affable and charming character, in contrast to its depiction of Mr Zuckerberg as a socially inept geek who is also the more cunning of the two.

Mr Saverin was Mr Zuckerberg’s partner in 2004 when, as Harvard students, they started thefacebook.com, a website that evolved into Facebook. But the duo fell out after Mr Zuckerberg allegedly sidelined Mr Saverin by diluting his 30 per cent stake in the business to less than 10 per cent. It led to the two suing and counter-suing each other. Both men eventually settled their lawsuits out of court last year, after which Mr Saverin disappeared from the technology scene in the US and out of the public eye.
Acquaintances of Mr Saverin here who spoke to The Sunday Times described him as nice and humble. They said the affable entrepreneur keeps a low profile and does not mention his Facebook links.

A friend of his, who declined to be named, said: ‘He is very low-key and doesn’t like people to know (who he is). He thinks the people around him don’t know, but most of us do.’
Other than software development, Mr Saverin’s company also provides seed funding of $20,000 to $60,000 to local technology start-ups.

Among the projects Anideo is working on are a product review site; a portable gaming application; and a Facebook application for VIP clubbers that gives them special discounts.

This last venture is probably a project close to Mr Saverin’s heart. Believed to be a bachelor, he is a regular face at the Butter Factory nightclub and more recently Filter Club, a nightspot next to Gallery Hotel opened by a friend of his.
Although he likes to keep a low profile, Mr Saverin is generous at the clubs and spends a lot of money on drinks for friends, said someone who has partied with him.

Forbes lists him as one of the world’s youngest billionaires, with an estimated net worth of US$1.15 billion (S$1.49 billion).
Most of it comes from the 5 per cent share of Facebook he holds.
yuenc@sph.com.sg

Open secret ‘He is very low-key and doesn’t like people to know (who he is). He thinks the people around him don’t know, but most of us do.’ A friend of Mr Eduardo Saverin, referring to the Facebook co-founder

 

2-2gfreq.txt
2-2lemma.txt
2of12.txt
2of12inf.txt
2of4brif.txt
3dtechnology.txt
3esl.txt
5desk.txt
6of12.txt
Antworth.txt
CRL.txt
IM.txt
Roget.txt
Unabr.dict.txt
Unabr.txt
Unix.dict.txt
abs.txt
affiliatemarketing.txt
agid.txt
anime.txt
article writing.txt
auto.txt
baby-bargain.txt
backlinks seo.txt
backlinks.txt
backpain.txt
bad-credit.txt
bartending.txt
blogging.txt
bodybuilding.txt
bollywood.txt
boston-taxi.txt
cat-behavior.txt
cateringlingerie.txt
celebrity.txt
cellphones.txt
ceramics.txt
cheapcigarettes.txt
childrenclothea.txt
cinema.txt
cleaning.txt
concretestaining.txt
cooking.txt
corncob_lowercase.txt
creditcards.txt
dancehall.txt
dating.txt
datinghelp.txt
debtconsilidation.txt
diy-solar-panels keywords.txt
dj-gear.txt
dog-training.txt
domain-names.txt
domains.txt
englex-.txt
euro-travel.txt
facebook.txt
fashion.txt
football.txt
forex.txt
furniture.txt
furniture2.txt
gadgets.txt
gambling.txt
games.txt
getyourexback.txt
hairloss.txt
health.txt
hindu-culture.txt
hindu-weddings.txt
hinduism.txt
hiphop.txt
indian-fashion.txt
instrumental.txt
insurance.txt
islam.txt
jewelry.txt
keywords.txt
keywordsaid.txt
keywordsdisaster.txt
keywordsgov.txt
knuth_britsh.txt
knuth_words.txt
lcd tv.txt
led tv.txt
ledlighting.txt
love.txt
marriage.txt
medicine.txt
miley-cyrus.txt
movies.txt
music-videos.txt
neol2007.txt
new-age.txt
news.txt
nicotine.txt
nulled.txt
offshore-staffing.txt
olympic-games.txt
online-dating.txt
outsourcing-services.txt
payday-loan.txt
philosophy.txt
plasma-tv.txt
pocket-dic.txt
realestateinvest.txt
recording-studio.txt
recording-youtube-videos.txt
reset-phone.txt
romania.txt
roulette.txt
scholarship.txt
script.txt
selena-gomez.txt
self-help.txt
seo-services.txt
shakesp-glossary.txt
site.txt
smoking.txt
soccer.txt
social-media.txt
sof.txt
sofa.txt
special.txt
strong.txt
tech.txt
themes.txt
tires.txt
turntables.txt
tv-shows.txt
twitter.txt
web-hosting.txt
weddings.txt
weightloss.txt
womenssilkunderwear.txt
words-english.txt
youtube.txt

Giving it away for free isn’t a Business Model

If you give your product or service away to would-be customers, you set a dangerous precedent that you’re willing to give it away forever.  As I’ve said before: if a customer isn’t paying for your product in some way, shape, or form, you’re not running a business. Getting a customer to use your product for free only proves a customer’s willingness to pay nothing.  True value is established when a customer forks over a dollar (or lots of them) for your product.

How could Netscape invent one of the most popular and widely adopted software applications in history and at the same time never make any real money at it? Simple – they established the price at “zero.”   Getting customers to go from “free” to “paid” is extremely difficult to do.  Companies establish the value of their product mostly from the price they set for their product.  Does a Bentley Continental GT really cost $160,000 to build?  No, but if Bentley sold the Continental for $20,000 there’s no way they would be able to change the price to $160,000 and hold the same amount of value in consumers’ eyes. Going from “free” to “paid” works the same way. Giving a product away for free is an easy way to confuse the concept of “people really like it” with “people really like it and they are willing to pay me for it.”  People should pay for products that have value and creating a business that ignores this is digging your own grave.  Give them a taste, maybe, but if they want the whole entrée (and if you want to stay in business) you had better charge full price.

Recommendation:

If you must give some part of your product or service away, give them just enough to get them hooked and charge them for every fix thereafter.Giving too much away for free masks the commercial viability of your business.

(From Go BIG or Go Home – Wil Schroter)

Comparing payment gateways for an e-commerce store in Singapore

Zan did a great job of comparing several payment gateways in Singapore. In summary, below are what i found to be important.

Available Options in Singapore:

Cost Comparison

World Pay Enets Paypal Payment express
Set up fees S$250 S$200 Free S$150
Annual fees S$650 S$450 Free S$600
Transaction fees 4.50% 4.50% 3.4% + S$0.50 100 free transactions, S$0.50 per transaction thereafter

Final Decision?

Eventually, we decided to use Paypal Website Payment Standard. Why? First, the cost is the lowest. There are no set up fees or monthly fees. You only pay when there’re purchases. Second, the process is easy to set up. All I needed is a credit card. Applying for a merchant account at the banks is a hassle in comparison. There is processing time, and added charges for the set up can be quite hefty.

Hadoop & Bussiness Intelligent

The group at Yahoo! that I came from was using Hadoop for data analytics and data warehousing. We had something like 100,000 web servers across the world, and once we collected data from across all these servers, we dumped it into Hadoop, which became the place where we stored all of the data, instead of traditional network storage.

Our reasoning for doing that was a matter of economics, given the quantity of hardware. Hadoop lets us scalably process that data, clean it up, and normalize it so we could pass it along to the systems that need it.

Hadoop is getting very wide adoption in the data warehousing and business intelligence domains. One of the biggest uses within Yahoo! right now is dealing with all of the log information from servers. Analyzing that information allows for better spam filtering, ad targeting, content targeting, A/B testing for new features, et cetera.

It’s not web-specific. For example, everybody does data warehousing, and we see very strong adoption there.

Separate from that, your example of oil companies is a very good one, as is the financial sector. Right now, we do have a couple of very large financial institutions working with us on these exact problems, taking huge amounts of data from domains like credit card processing and building predictive models for fraud that enable better decisions, for example, about whether to block or allow a given transaction.

In the stock market, Hadoop is being used to do simulations that help predict option pricing and related problems. That’s another very healthy market that we’ve seen growth in.

Knowing that Yahoo is the biggest contributor and adopter of Hadoop and the company is used Hadoop to solve various problems from data analytics and data warehousing: log processing, gene sequence mapping (basically a fuzzy string matching problem) to business intelligent domains: financial, stock market …

Rumor said that a bank in Singapore invest millions of dollars create a computing and predicting system from scratch using Haskell – a static type, functional programming language to warranty scaling and performance.

I wonder why the bank did not take a look at Distributed File System (DFS) + MapReduce (Hadoop is an open source implementation of it) as a massively scalable on commodity hardware that successfully utilized at biggest IT firms in the world (Google, Yahoo, Facebook … just to name the few) … or they just re-implementing DFS+MapReduce themselves :D

What is Hadoop? (from Interview with Amr Awadallah – Cloudera CTO)

First, it’s worth making the important clarifying point that Hadoop is not a database. Hadoop is a data processing system, and in fact, I would even go as far as saying Hadoop is an operating system. The core of an operating system boils down to a file system, the storage of files, and a process scheduling system that runs applications on top of these files.

There are many other components that help with devices, credentials and user access, and so on, but that is the core. Hadoop is exactly the same thing. The core of Hadoop is the Hadoop Distributed File System, which is a file system that’s runs across many nodes. It links together the file systems on many local nodes to make them into one big file system. Hadoop MapReduce is really the job scheduling system that takes care of scheduling jobs on top of all those nodes.

That is the key distinction between Hadoop’s approach and that of database systems. Hadoop, at its heart, does not require any structure to your data. You can just upload files directly from anywhere, like a web server, RFID device, or cell phone mobile device, directly into Hadoop.

They could be images, videos, or just a bunch of bits. They don’t have to have a schema with column types and so on, which gives you tremendous agility and flexibility.

Hadoop has a very nice model that I sometimes refer to as schema on read. Whereas defining your schema as you’re writing the data in limits what you can put in by requiring it to be conformant to the schema that you created, Hadoop allows you to define the schema as you’re reading stuff out.

That gives you a lot of flexibility and agility, since you can add files that have dynamic parts like JSON or new standards coming up like Avro, which is a very good project coming out of the Hadoop project that’s similar to protocol buffers from Google and Thrift from Facebook. Avro makes files have a schema around them as well, but these schemas are semi-structured, rather than conforming to a strict relational model.

That said, it’s also important to point out that structured stuff is a subset of unstructured stuff. The fact that Hadoop at its heart is a file system doesn’t mean that it can’t do database relational stuff. It does actually, in the same way that Windows at its heart is a file system, but you can run SQL Server on top of it to get the relational services, schemas, column types, and so on.

One of the key projects on top of Hadoop is Hive, which actually came out of Facebook. Hive essentially provides a relational database on top of Hadoop that utilizes the underlying file system but has a metastore that keeps the schema of the files.

It knows that a given file is tab delimited or whatever, it knows the column type for these files, and Hive allows you to write SQL against these files. It will look up the schema and then it will write for you the MapReduce jobs so that you don’t have to go and learn MapReduce from scratch.

Now you have the flexibility of going either way. One approach is to get at the core of the MapReduce framework using Java MapReduce, which we sometimes refer to as being like assembly language for Hadoop. It gives you the most flexibility and performance, but it is fairly complex and difficult to learn.

Alternately, you can go in with a high level language like Hive. In this case, you can just use SQL, if that’s what you’re used to, to write your job. Hive itself has lots of optimizations. It understands the underlying MapReduce framework, so it can properly map your problem on top of your data.